Friday 6 November 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.

Revenue: +11.6%
EPS: −21.9%
Free cash flow: −19.3%
Total debt: +21.4%

Quarter to September 2026, against a year earlier

336.63 3.87 −1.14%

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Market cap: $63.6B
P/E: 34.1×
Fwd P/E: 34.1×
Dividend yield: 3.54%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Public Storage (PSA) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Public Storage (PSA) trades at a P/B ratio of 5.9×. Over the past ten years it has ranged from 4.9× (October 2026) to 13.7× (April 2022); the current reading is higher than 1% of that period. That is above the Reit Industrial industry median of 1.9× and above the Real Estate sector median of 1.0×.

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<iframe src="https://stockrow.com/embed/PSA/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Public Storage P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/PSA/metrics/pb-ratio">Public Storage (PSA) P/B ratio — stockrow.com</a></p>

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%)

Period	P/B ratio	Change
Sep 2026	5.0×	(56.18%)
Jun 2026	11.3×	18.34%
Mar 2026	9.6×	4.89%
Dec 2025	9.1×	(8.99%)
43 more quarters	Free account

Against its own ten years

Low 4.9× High 13.7×

Ten-year median 8.4×

Current reading's percentile 1

Company	P/B ratio
LINE Lineage, Inc. compare	1.0×
REXR Rexford Industrial Realty, Inc. compare	1.1×
TRNO Terreno Realty Corporation compare	1.6×
PLD Prologis, Inc. compare	2.0×
EXR Extra Space Storage Inc compare	2.4×
FR First Industrial Realty Trust, Inc. compare	2.5×
EGP EastGroup Properties, Inc. compare	2.9×
CUBE CubeSmart compare	4.1×
PSA Public Storage	5.9×
Reit Industrial industry median	1.9×
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 →

Public Storage (PSA) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on PSA

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on PSA

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