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Public Storage (FRA:PUP) Shiller PE Ratio : 23.48 (As of Jul. 23, 2025)


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What is Public Storage Shiller PE Ratio?

As of today (2025-07-23), Public Storage's current share price is €239.70. Public Storage's E10 for the quarter that ended in Mar. 2025 was €10.21. Public Storage's Shiller PE Ratio for today is 23.48.

The historical rank and industry rank for Public Storage's Shiller PE Ratio or its related term are showing as below:

FRA:PUP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 22.74   Med: 39.35   Max: 74.02
Current: 25.65

During the past years, Public Storage's highest Shiller PE Ratio was 74.02. The lowest was 22.74. And the median was 39.35.

FRA:PUP's Shiller PE Ratio is ranked worse than
78.14% of 462 companies
in the REITs industry
Industry Median: 12.945 vs FRA:PUP: 25.65

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Public Storage's adjusted earnings per share data for the three months ended in Mar. 2025 was €1.887. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €10.21 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Storage Shiller PE Ratio Historical Data

The historical data trend for Public Storage's Shiller PE Ratio 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.

Public Storage Shiller PE Ratio Chart

Public Storage Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.53 50.84 28.89 29.07 26.83

Public Storage Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Shiller PE Ratio 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 26.84 26.22 32.93 26.83 26.38

Competitive Comparison of Public Storage's Shiller PE Ratio

For the REIT - Industrial subindustry, Public Storage's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Public Storage's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Public Storage's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Public Storage's Shiller PE Ratio falls into.


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Public Storage Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Public Storage's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=239.70/10.21
=23.48

* 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.

Public Storage's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Public Storage's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.887/134.9266*134.9266
=1.887

Current CPI (Mar. 2025) = 134.9266.

Public Storage Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 1.354 100.684 1.814
201509 1.408 100.392 1.892
201512 1.597 99.792 2.159
201603 1.248 100.470 1.676
201606 1.433 101.688 1.901
201609 1.586 101.861 2.101
201612 1.924 101.863 2.549
201703 1.515 102.862 1.987
201706 1.415 103.349 1.847
201709 1.351 104.136 1.750
201712 1.622 104.011 2.104
201803 1.338 105.290 1.715
201806 1.712 106.317 2.173
201809 1.585 106.507 2.008
201812 2.672 105.998 3.401
201903 1.531 107.251 1.926
201906 1.558 108.070 1.945
201909 1.752 108.329 2.182
201912 1.683 108.420 2.094
202003 1.620 108.902 2.007
202006 1.252 108.767 1.553
202009 1.197 109.815 1.471
202012 1.373 109.897 1.686
202103 1.856 111.754 2.241
202106 1.635 114.631 1.924
202109 2.142 115.734 2.497
202112 2.805 117.630 3.217
202203 2.388 121.301 2.656
202206 3.235 125.017 3.491
202209 15.534 125.227 16.737
202212 1.945 125.222 2.096
202303 2.475 127.348 2.622
202306 2.769 128.729 2.902
202309 2.998 129.860 3.115
202312 2.027 129.419 2.113
202403 2.392 131.776 2.449
202406 2.471 132.554 2.515
202409 1.946 133.029 1.974
202412 3.066 133.157 3.107
202503 1.887 134.927 1.887

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Public Storage  (FRA:PUP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Public Storage Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Public Storage's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Public Storage Business Description

Address
701 Western Avenue, Glendale, CA, USA, 91201-2349
Public Storage is the largest owner of self-storage facilities in the US, with more than 3,300 self-storage facilities in 40 states and approximately 245 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.

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