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PS Business Parks (PS Business Parks) Price-to-Owner-Earnings : 9.39 (As of Apr. 26, 2024)


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What is PS Business Parks Price-to-Owner-Earnings?

As of today (2024-04-26), PS Business Parks's share price is $187.44. PS Business Parks's Owner Earnings per Share (TTM) ended in Dec. 2022 was $19.96. It's Price-to-Owner-Earnings for today is 9.39.


The historical rank and industry rank for PS Business Parks's Price-to-Owner-Earnings or its related term are showing as below:

PSB' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.89   Med: 13.12   Max: 22.56
Current: 9.39

During the past 13 years, the highest Price-to-Owner-Earnings of PS Business Parks was 22.56. The lowest was 6.89. And the median was 13.12.


PSB's Price-to-Owner-Earnings is not ranked
in the REITs industry.
Industry Median: 14.43 vs PSB: 9.39

As of today (2024-04-26), PS Business Parks's share price is $187.44. PS Business Parks's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2022 was $16.93. Therefore, PS Business Parks's PE Ratio for today is 11.07.

As of today (2024-04-26), PS Business Parks's share price is $187.44. PS Business Parks's EPS without NRI for the trailing twelve months (TTM) ended in was $16.93. Therefore, PS Business Parks's PE Ratio without NRI for today is 11.07.

During the past 13 years, PS Business Parks's highest PE Ratio without NRI was 95.08. The lowest was 9.93. And the median was 39.04.


PS Business Parks Price-to-Owner-Earnings Historical Data

The historical data trend for PS Business Parks's Price-to-Owner-Earnings 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.

PS Business Parks Price-to-Owner-Earnings Chart

PS Business Parks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.79 19.24 16.23 10.45 -

PS Business Parks Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Price-to-Owner-Earnings 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 10.45 8.83 9.38 - -

Competitive Comparison of PS Business Parks's Price-to-Owner-Earnings

For the REIT - Diversified subindustry, PS Business Parks's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


PS Business Parks's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, PS Business Parks's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where PS Business Parks's Price-to-Owner-Earnings falls into.



PS Business Parks Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

PS Business Parks's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=187.44/19.96
=9.39

* 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.


PS Business Parks  (NYSE:PSB) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


PS Business Parks Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of PS Business Parks's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


PS Business Parks (PS Business Parks) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Link Parks Inc formerly NamePS Business Parks Inc is a real estate investment trust that owns and operates primarily multitenant commercial warehouse, office, industrial park, and flex properties in the United States. The business activities of the group functioned through the acquisition, development, ownership and management of commercial real estate and the acquisition, development, ownership and management of multifamily real estate. The company defines flex space as locations that combine both warehouse and office space in a single configuration. Almost half the company's properties are located in California. The company generates nearly most of its revenue from rental income derived from its flex space and low-rise office holdings.
Executives
Havner Ronald L Jr director 701 WESTERN AVENUE, GLENDALE CA 91201
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
Trenton Groves officer: SVP, CAO & Asst. Sec. C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Adeel Khan officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Jennifer Holden Dunbar director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
M Christian Mitchell director 355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Jeffrey D Hedges officer: EVP, CFO & Secretary C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Russell Joseph D Jr officer: PRESIDENT / CEO PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Irene H Oh director 135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Chandler, Iii Dan M. officer: President & CEO 915 WILSHIRE BOULEVARD, SUITE 2200, LOS ANGELES CA 90017
Kristy Pipes director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
James H Kropp director 701 WESTERN AVENUE, GLENDALE CA 91201
John W Petersen officer: Executive Vice President & COO 701 WESTERN AVENUE, GLENDALE CA 91201
Stephen W Wilson director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Robert S Rollo director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201

PS Business Parks (PS Business Parks) Headlines