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PS Business Parks (PS Business Parks) PS Ratio : 15.52 (As of Apr. 25, 2024)


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What is PS Business Parks PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, PS Business Parks's share price is $187.44. PS Business Parks's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2022 was $12.08. Hence, PS Business Parks's PS Ratio for today is 15.52.

Warning Sign:

PS Business Parks Inc stock PS Ratio (=11.66) is close to 10-year high of 11.83

The historical rank and industry rank for PS Business Parks's PS Ratio or its related term are showing as below:

PSB' s PS Ratio Range Over the Past 10 Years
Min: 3.93   Med: 7.83   Max: 11.83
Current: 11.66

During the past 13 years, PS Business Parks's highest PS Ratio was 11.83. The lowest was 3.93. And the median was 7.83.

PSB's PS Ratio is not ranked
in the REITs industry.
Industry Median: 6.515 vs PSB: 11.66

PS Business Parks's Revenue per Sharefor the three months ended in Sep. 2022 was $0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2022 was $12.08.

Good Sign:

PS Business Parks Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of PS Business Parks was 4.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 1.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 1.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.80% per year.

During the past 13 years, PS Business Parks's highest 3-Year average Revenue per Share Growth Rate was 23.80% per year. The lowest was -3.90% per year. And the median was 5.60% per year.

Back to Basics: PS Ratio


PS Business Parks PS Ratio Historical Data

The historical data trend for PS Business Parks's PS 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.

* Premium members only.

PS Business Parks PS Ratio Chart

PS Business Parks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.69 10.56 8.81 11.60 -

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
PS Ratio 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 11.60 10.48 11.64 - -

Competitive Comparison of PS Business Parks's PS Ratio

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


PS Business Parks's PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, PS Business Parks's PS Ratio distribution charts can be found below:

* The bar in red indicates where PS Business Parks's PS Ratio falls into.



PS Business Parks PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

PS Business Parks's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=187.44/12.081
=15.52

PS Business Parks's Share Price of today is $187.44.
PS Business Parks's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.08.

* 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.

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

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


PS Business Parks  (NYSE:PSB) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


PS Business Parks PS Ratio Related Terms

Thank you for viewing the detailed overview of PS Business Parks's PS Ratio 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