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Public Storage (Public Storage) Peter Lynch Fair Value : $220.02 (As of Apr. 27, 2024)


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What is Public Storage Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, Public Storage's PEG is 1. Public Storage's 5-Year TTM EBITDA Growth Rate is 19.44. Public Storage's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $11.32. Therefore, the Peter Lynch Fair Value for today is $220.02.

As of today (2024-04-27), Public Storage's share price is $257.73. Public Storage's Peter Lynch fair value is $220.02. Therefore, Public Storage's Price to Peter Lynch Fair Value Ratio for today is 1.17.


The historical rank and industry rank for Public Storage's Peter Lynch Fair Value or its related term are showing as below:

PSA' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 1.17   Med: 3.47   Max: 5.51
Current: 1.17


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of Public Storage was 5.51. The lowest was 1.17. And the median was 3.47.


PSA's Price-to-Peter-Lynch-Fair-Value is ranked better than
54.1% of 122 companies
in the REITs industry
Industry Median: 1.255 vs PSA: 1.17

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


Public Storage Peter Lynch Fair Value Historical Data

The historical data trend for Public Storage's Peter Lynch Fair 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.

Public Storage Peter Lynch Fair Value Chart

Public Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.08 - - 205.30 220.02

Public Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Peter Lynch Fair 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 205.30 255.24 294.02 233.63 220.02

Competitive Comparison of Public Storage's Peter Lynch Fair Value

For the REIT - Industrial subindustry, Public Storage's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-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.


Public Storage's Price-to-Peter-Lynch-Fair-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Public Storage's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where Public Storage's Price-to-Peter-Lynch-Fair-Value falls into.



Public Storage Peter Lynch Fair Value Calculation

Public Storage's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 19.44 *11.318
=220.02

Public Storage's EPS without NRI 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 $11.32.


* 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.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


Public Storage  (NYSE:PSA) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 19.44 instead of 15 in this case.

Public Storage's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=257.73/220.02
=1.17

* 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 Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of Public Storage's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Public Storage (Public Storage) Business Description

Industry
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

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