Company Valuation: Public Storage

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 65,681 49,212 53,630 52,457 45,533 61,091 - -
Change - -25.07% 8.98% -2.19% -13.2% 34.17% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 71,299 74,780 74,632
Change - -23.63% 12.76% -1.61% -9.61% 28.54% 4.88% -0.2%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 33.9x 34.2x 31.7x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 5.11x 5.5x 7.9x
PEG - 0x -0.5x -7.4x -1.9x 4.72x -33.11x 3.92x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 12.2x 11.3x 11.2x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 14.2x 13.8x 13.7x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 19.8x 18.9x 18.1x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 30x 29.9x 27.1x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.01 12.31 12.71
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 3.67% 3.76% 3.89%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.657 9.558 10.33
Distribution rate 81.1% 90% 108% 113% 133% 124% 129% 123%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,026 5,404 5,432
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,604 3,947 4,119
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,376 2,497 2,752
Net income 1 1,732 4,142 1,949 1,873 1,586 1,832 1,996 2,122
Net Debt 1 6,741 6,096 8,733 8,906 9,936 10,208 13,690 13,542
Reference price 2 374.56 280.19 305.00 299.44 259.50 327.00 327.00 327.00
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,821 - -
Announcement Date 22/02/22 21/02/23 20/02/24 24/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.86x14.19x19.78x3.67% 61.09B
31.99x14.77x17.92x4.33% 31.59B
27.47x11.37x18.09x5.1% 9.42B
-58.06x3.07x13.02x5.26% 9.25B
16.22x9.23x15.73x4.5% 3.03B
13.46x10.52x17.08x5.24% 2.39B
10.48x9.63x17.47x4.98% 1.85B
65.35x9.58x18.39x4.66% 1.91B
18.39x12.17x23.39x4.79% 1.19B
Average 17.68x 10.50x 17.87x 4.72% 13.52B
Weighted average by Cap. 25.04x 12.92x 18.48x 4.17%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. PSA Stock
  4. Valuation Public Storage