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PS Business Parks (PS Business Parks) Median PS Value : $129.64 (As of May. 06, 2024)


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What is PS Business Parks Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. PS Business Parks's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2022 was $12.081. PS Business Parks's 10-Year median PS Ratio is 10.7309. Therefore, the Median PS Value for today is $129.64.

As of today (2024-05-06), PS Business Parks's share price is $187.44. PS Business Parks's Median PS Value is $129.64. Therefore, PS Business Parks's Price to Median PS Value for today is 1.45.

The historical rank and industry rank for PS Business Parks's Median PS Value or its related term are showing as below:

PSB' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.59   Med: 1.2   Max: 2.05
Current: 1.45

During the past 13 years, the highest Price to Median PS Value of PS Business Parks was 2.05. The lowest was 0.59. And the median was 1.20.

PSB's Price-to-Median-PS-Value is not ranked
in the REITs industry.
Industry Median: 0.8 vs PSB: 1.45

PS Business Parks Median PS Value Historical Data

The historical data trend for PS Business Parks's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PS Business Parks Median PS Value Chart

PS Business Parks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.50 90.33 99.69 124.39 -

PS Business Parks Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.39 127.83 129.64 - -

Competitive Comparison of PS Business Parks's Median PS Value

For the REIT - Diversified subindustry, PS Business Parks's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PS Business Parks's Price-to-Median-PS-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, PS Business Parks's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where PS Business Parks's Price-to-Median-PS-Value falls into.



PS Business Parks Median PS Value Calculation

PS Business Parks's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=12.081*10.7309
=129.64

10-Year Median PS Ratio is 10.7309.
PS Business Parks's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.081.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PS Business Parks  (NYSE:PSB) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

PS Business Parks's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=187.44/129.64
=1.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


PS Business Parks Median PS Value Related Terms

Thank you for viewing the detailed overview of PS Business Parks's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


PS Business Parks (PS Business Parks) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Link Parks Inc formerly NamePS Business Parks Inc is a real estate investment trust that owns and operates primarily multitenant commercial warehouse, office, industrial park, and flex properties in the United States. The business activities of the group functioned through the acquisition, development, ownership and management of commercial real estate and the acquisition, development, ownership and management of multifamily real estate. The company defines flex space as locations that combine both warehouse and office space in a single configuration. Almost half the company's properties are located in California. The company generates nearly most of its revenue from rental income derived from its flex space and low-rise office holdings.
Executives
Havner Ronald L Jr director 701 WESTERN AVENUE, GLENDALE CA 91201
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
Trenton Groves officer: SVP, CAO & Asst. Sec. C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Adeel Khan officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Jennifer Holden Dunbar director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
M Christian Mitchell director 355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Jeffrey D Hedges officer: EVP, CFO & Secretary C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Russell Joseph D Jr officer: PRESIDENT / CEO PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Irene H Oh director 135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Chandler, Iii Dan M. officer: President & CEO 915 WILSHIRE BOULEVARD, SUITE 2200, LOS ANGELES CA 90017
Kristy Pipes director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
James H Kropp director 701 WESTERN AVENUE, GLENDALE CA 91201
John W Petersen officer: Executive Vice President & COO 701 WESTERN AVENUE, GLENDALE CA 91201
Stephen W Wilson director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Robert S Rollo director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201

PS Business Parks (PS Business Parks) Headlines