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Public Storage (Public Storage) EV-to-EBITDA : 17.70 (As of Apr. 25, 2024)


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What is Public Storage EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Public Storage's enterprise value is $59,147 Mil. Public Storage's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $3,342 Mil. Therefore, Public Storage's EV-to-EBITDA for today is 17.70.

The historical rank and industry rank for Public Storage's EV-to-EBITDA or its related term are showing as below:

PSA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.62   Med: 22   Max: 30.36
Current: 17.7

During the past 13 years, the highest EV-to-EBITDA of Public Storage was 30.36. The lowest was 10.62. And the median was 22.00.

PSA's EV-to-EBITDA is ranked worse than
61.36% of 603 companies
in the REITs industry
Industry Median: 15.35 vs PSA: 17.70

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-25), Public Storage's stock price is $258.68. Public Storage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $11.060. Therefore, Public Storage's PE Ratio for today is 23.39.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Public Storage EV-to-EBITDA Historical Data

The historical data trend for Public Storage's EV-to-EBITDA 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 EV-to-EBITDA Chart

Public Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.50 23.55 27.57 11.04 19.97

Public Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 11.04 11.76 11.58 18.32 19.97

Competitive Comparison of Public Storage's EV-to-EBITDA

For the REIT - Industrial subindustry, Public Storage's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Public Storage's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Public Storage's EV-to-EBITDA falls into.



Public Storage EV-to-EBITDA Calculation

Public Storage's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=59147.459/3342.129
=17.70

Public Storage's current Enterprise Value is $59,147 Mil.
Public Storage's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,342 Mil.

* 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  (NYSE:PSA) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

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

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=258.68/11.060
=23.39

Public Storage's share price for today is $258.68.
Public Storage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.060.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Public Storage EV-to-EBITDA Related Terms

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


Public Storage (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 U.S. with more than 2,880 self-storage facilities in 40 states and approximately 200 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.
Executives
Nathaniel A. Vitan officer: Chief Legal Officer 701 WESTERN AVENUE, GLENDALE CA 91201-2349
John Reyes director 701 WESTERN AVENUE, GLENDALE CA 91201
Havner Ronald L Jr director 701 WESTERN AVENUE, GLENDALE CA 91201
Avedick Baruyr Poladian director 701 WESTERN AVENUE, GLENDALE CA 91201
David Lee officer: Chief Operating Officer C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Russell Joseph D Jr officer: President & CEO PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Tamara Hughes Gustavson director, 10 percent owner 701 WESTERN AVENUE, GLENDALE CA 91201-2349
Heisz Leslie Stone director C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Ronald P Spogli director 701 WESTERN AVENUE, GLENDALE CA 91201
Kristy Pipes director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Shroff Michelle Millstone director C/O PARTY CITY HOLDCO INC., 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Paul S Williams director C/O MAJOR, LINDSEY & AFRICA, 1 SOUTH WACKER DRIVE, SUITE 1750, CHICAGO IL 60606
Tariq M Shaukat director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606