Public Storage PSA
287.97
3.41
1.20%
as of 25 Sep
- Market cap
- $53.2B
- P/E
- 27.4×
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Public Storage (PSA) P/B ratio
As of 25 September 2026, Public Storage (PSA) trades at a P/B ratio of 10.3×. Over the past ten years it has ranged from 5.6× (March 2020) to 13.7× (April 2022); the current reading is higher than 83% of that period. That is above the Reit Industrial industry median of 1.9× and above the Real Estate sector median of 1.1×.
P/B ratio, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Low 5.6×
High 13.7×
Ten-year median
8.4×
Current reading's percentile
83
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 | 1.6× |
| EXR Extra Space Storage Inc compare | 2.0× |
| PLD Prologis, Inc. compare | 2.1× |
| FR First Industrial Realty Trust, Inc. compare | 2.8× |
| EGP EastGroup Properties, Inc. compare | 3.0× |
| CUBE CubeSmart compare | 3.3× |
| PSA Public Storage | 10.3× |
| Reit Industrial industry median | 1.9× |
| Real Estate sector median | 1.1× |
| Market median | 1.8× |
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))
More on PSA
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement