This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Public Storage's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $25.645. Public Storage's 10-Year median PS Ratio is 14.498. Therefore, the Median PS Value for today is $371.80.
As of today (2024-04-27), Public Storage's share price is $257.73. Public Storage's Median PS Value is $371.80. Therefore, Public Storage's Price to Median PS Value for today is 0.69.
The historical rank and industry rank for Public Storage's Median PS Value or its related term are showing as below:
PSA'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.69 Med: 0.99 Max: 1.58
Current: 0.69
During the past 13 years, the highest Price to Median PS Value of Public Storage was 1.58. The lowest was 0.69. And the median was 0.99.
PSA's Price-to-Median-PS-Value is ranked better than 65.95% of 373
companies
in the REITs industry
Industry Median: 0.79
vs PSA: 0.69
Public Storage Median PS Value Historical Data
The historical data trend for Public Storage's Median PS 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.
Competitive Comparison of Public Storage's Median PS Value
For the REIT - Industrial subindustry, Public Storage's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-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-Median-PS-Value Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Public Storage's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Public Storage's Price-to-Median-PS-Value falls into.
Public Storage Median PS Value Calculation
Public Storage's Median PS Value for today is calculated as
10-Year Median PS Ratio is 14.498.
Public Storage's Revenue per Share 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 $25.645.
* 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) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Public Storage's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
257.73
/
371.80
=
0.69
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of Public Storage's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Public Storage (Public Storage) Business Description
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.
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