Public Storage (FRA:PUP) Beginning Cash Position: €275 Mil (As of Mar. 2026)

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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:PUP Public Storage FRA:PUP
88 GF Score
Price €264.90
GF Value €259.06
Valuation Fairly Valued
! 4 Warning Signs
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What is Public Storage Beginning Cash Position?

Public Storage FRA:PUP -0.38% 88 Beginning Cash Position is €275 Mil as of Mar. 2026. GuruFocus rates FRA:PUP with a GF Score™ of 88/100 and a GF Value™ of €259.06 (Fairly Valued). The stock has 4 warning signs investors should review.

Public Storage's Beginning Cash Position for the quarter that ended in Mar. 2026 was €275 Mil.

Public Storage's quarterly Beginning Cash Position declined from Sep. 2025 (€941 Mil) to Dec. 2025 (€253 Mil) but then increased from Dec. 2025 (€253 Mil) to Mar. 2026 (€275 Mil).

Public Storage's annual Beginning Cash Position declined from Dec. 2023 (€738 Mil) to Dec. 2024 (€382 Mil) and declined from Dec. 2024 (€382 Mil) to Dec. 2025 (€382 Mil).

Public Storage Beginning Cash Position Related Terms

Public Storage Beginning Cash Position Historical Data

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The historical data trend for Public Storage's Beginning Cash Position 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.

Public Storage Beginning Cash Position Chart

Public Storage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 250.10 718.66 738.33 382.36 382.09

Public Storage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position 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 413.86 248.98 941.12 253.18 275.15
FRA:PUP
88GF Score
Public Storage FRA:PUP
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Public Storage Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €275 Mil mean?
Public Storage (FRA:PUP) has a Beginning Cash Position of €275 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Public Storage and its competitors.
Is Public Storage's Beginning Cash Position too high?
Public Storage's current Beginning Cash Position is €275 Mil. Overall, Public Storage has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Public Storage's Beginning Cash Position compare to EXR and EGP?
Public Storage's Beginning Cash Position of €275 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a REITs company?
A good Beginning Cash Position depends on the REITs industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Public Storage and its competitors. Public Storage's current Beginning Cash Position is €275 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Public Storage stock overvalued right now?
Based on GuruFocus' analysis, Public Storage (FRA:PUP) is currently considered Fairly Valued. The stock's GF Value™ is €259.06, compared to a current price of €264.90 — trading 2.3% above its estimated fair value. The current Beginning Cash Position is €275 Mil. Public Storage's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Public Storage (FRA:PUP), the current Beginning Cash Position is €275 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Public Storage (FRA:PUP) Overvalued in 2026?

Based on GuruFocus' analysis, Public Storage stock appears to be overvalued. The current stock price of €264.90 is trading 2.3% above its estimated GF Value™ of €259.06. GuruFocus considers Public Storage to be Fairly Valued.

Key valuation signals for FRA:PUP:

  • Beginning Cash Position: €275 Mil
  • GF Value™: €259.06 vs. price of €264.90 (2.3% above fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the FRA:PUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Public Storage Business Description

Industry Real EstateREITs
Address 2811 Internet Boulevard, Frisco, TX, USA, 75034
Public Storage is the largest owner of self-storage facilities in the US, with more than 3,500 self-storage facilities in 40 states and approximately 258 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.
88GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€264.90
Price
€259.06
GF Value