PSAPN.PFD (Public Storage) PB Ratio : (As of Dec. 12, 2024)

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What is Public Storage PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-12), Public Storage's share price is $17.12. Public Storage's Book Value per Share for the quarter that ended in Sep. 2024 was $0.00. Hence, Public Storage's PB Ratio of today is .

The historical rank and industry rank for Public Storage's PB Ratio or its related term are showing as below:

PSApN.PFD' s PB Ratio Range Over the Past 10 Years
Min: 5.98 Med: 8.16 Max: 13.4
Current: 10.92

During the past 13 years, Public Storage's highest PB Ratio was 13.40. The lowest was 5.98. And the median was 8.16.

PSApN.PFD's PB Ratio is ranked worse than
99.12% of 914 companies
in the REITs industry
Industry Median: 0.8 vs PSApN.PFD: 10.92

During the past 12 months, Public Storage's average Book Value Per Share Growth Rate was -8.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Public Storage was 21.30% per year. The lowest was -5.80% per year. And the median was -0.15% per year.

Back to Basics: PB Ratio

Public Storage PB Ratio Historical Data

The historical data trend for Public Storage's PB Ratio 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.

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Public Storage PB Ratio Chart

Public Storage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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Public Storage Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
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Competitive Comparison of Public Storage's PB Ratio

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

For the REITs industry and Real Estate sector, Public Storage's PB Ratio distribution charts can be found below:

* The bar in red indicates where Public Storage's PB Ratio falls into.

Public Storage PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Public Storage's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	17.12	/
	=

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Public Storage (NYSE:PSApN.PFD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Public Storage PB Ratio Related Terms

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Public Storage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Public Storage (NYSE:PSApN.PFD) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

PSApS.PFD:USA PSApR.PFD:USA PSApQ.PFD:USA PSApP.PFD:USA PSApO.PFD:USA PSApM.PFD:USA PSApL.PFD:USA PSApK.PFD:USA PSApJ.PFD:USA PSApI.PFD:USA PSApH.PFD:USA PSApG.PFD:USA PSApF.PFD:USA PSA:USA PSA:Mexico 0KS3:UK PUP:Germany PUP:Germany P1SA34:Brazil

Address

701 Western Avenue, Glendale, CA, USA, 91201-2349

Website

https://www.publicstorage.com

Public Storage is the largest owner of self-storage facilities in the us with more than 3,000 self-storage facilities in 40 states and approximately 219 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.