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Saturday 17 October 2026 Export PSA’s income statement to Excel — free account

Public Storage

PSA Real Estate Reit Industrial

Public Storage’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, up 2.74% from fiscal 2024. In the quarter to June 2026, revenue grew 2.65%, EPS grew 45.5%, free cash flow was flat and total debt fell 2.49%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for ten.

298.27 2.94 +1.00%
Market cap
$55.2B
P/E
28.4×
Fwd P/E
30.0×
Dividend yield
4.02%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Public Storage (PSA) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Public Storage (PSA) trades at a P/B ratio of 10.6×. Over the past ten years it has ranged from 5.6× (March 2020) to 13.7× (April 2022); the current reading is higher than 86% of that period. That is above the Reit Industrial industry median of 1.8× and above the Real Estate sector median of 1.0×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 9.1× (5.10%)
FY2024 9.6× 1.11%
FY2023 9.5× 15.06%
FY2022 8.3× (33.71%)
FY2021 12.5× 47.97%
FY2020 8.4× 13.79%
FY2019 7.4× 7.61%
FY2018 6.9× (5.16%)
FY2017 7.3× (4.89%)
FY2016 7.6× (8.34%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 11.3× 18.34%
Mar 2026 9.6× 4.89%
Dec 2025 9.1× (8.99%)
Sep 2025 10.0× (0.20%)
42 more quarters

Against its own ten years

Low 5.6× High 13.7×
Ten-year median 8.4×
Current reading's percentile 84

P/B ratio against peers

Company P/B ratio
LINE Lineage, Inc. compare 0.9×
REXR Rexford Industrial Realty, Inc. compare 1.1×
TRNO Terreno Realty Corporation compare 1.5×
EXR Extra Space Storage Inc compare 2.1×
FR First Industrial Realty Trust, Inc. compare 2.7×
EGP EastGroup Properties, Inc. compare 2.9×
CUBE CubeSmart compare 3.4×
PSA Public Storage 10.6×
PLD Prologis, Inc. compare 26.5×
Reit Industrial industry median 1.8×
Real Estate sector median 1.0×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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