PS Business Parks Inc (PSB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. PS Business Parks Inc is a fully-integrated, self-advised and self-managed real estate investment trust. The company owns, operates, acquires and develops commercial properties, including multi-tenant flex, office and industrial space. PS Business Parks Inc has a market cap of $4.04 billion; its shares were traded at around $147.79 with a P/E ratio of 23.38 and P/S ratio of 9.85. The dividend yield of PS Business Parks Inc stocks is 2.57%. PS Business Parks Inc had annual average EBITDA growth of 2.70% over the past ten years.
For the last quarter PS Business Parks Inc reported a revenue of $104.1 million, compared with the revenue of $101.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $413.5 million, an increase of 2.8% from last year. For the last five years PS Business Parks Inc had an average revenue growth rate of 2.7% a year.
The reported diluted earnings per share was $6.31 for the year, an increase of 91.2% from previous year. Over the last five years PS Business Parks Inc had an EPS growth rate of 17.2% a year. The PS Business Parks Inc had a decent operating margin of 42.94%, compared with the operating margin of 42.99% a year before. The 10-year historical median operating margin of PS Business Parks Inc is 35.39%. The profitability rank of the company is 7 (out of 10).
At the end of the fiscal year, PS Business Parks Inc has the cash and cash equivalents of $37.4 million, compared with $114.9 million in the previous year. The company had no long term debt. The interest coverage to the debt is at a comfortable level of 267. PS Business Parks Inc has a financial strength rank of 9 (out of 10).
At the current stock price of $147.79, PS Business Parks Inc is traded at 85.2% premium to its historical median P/S valuation band of $79.82. The P/S ratio of the stock is 9.85, while the historical median P/S ratio is 5.32. The stock gained 35.63% during the past 12 months.
For the complete 20-year historical financial data of PSB, click here.
