
PSA Valuation
Public Storage
- Overview
- Forecast
- Valuation
- Earnings
PSA Relative Valuation
PSA's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PSA is overvalued; if below, it's undervalued.
Historical Valuation
Public Storage (PSA) is now in the Undervalued zone, suggesting that its current forward PE ratio of 27.56 is considered Undervalued compared with the five-year average of 28.69. The fair price of Public Storage (PSA) is between 315.57 to 398.56 according to relative valuation methord. Compared to the current price of 279.67 USD , Public Storage is Undervalued By 11.38%.
Relative Value
Fair Zone
315.57-398.56
Current Price:279.67
11.38%
Undervalued
27.56
PE
1Y
3Y
5Y
Trailing
Forward
18.07
EV/EBITDA
Public Storage. (PSA) has a current EV/EBITDA of 18.07. The 5-year average EV/EBITDA is 20.64. The thresholds are as follows: Strongly Undervalued below 14.97, Undervalued between 14.97 and 17.81, Fairly Valued between 23.48 and 17.81, Overvalued between 23.48 and 26.31, and Strongly Overvalued above 26.31. The current Forward EV/EBITDA of 18.07 falls within the Historic Trend Line -Fairly Valued range.
27.39
EV/EBIT
Public Storage. (PSA) has a current EV/EBIT of 27.39. The 5-year average EV/EBIT is 30.04. The thresholds are as follows: Strongly Undervalued below 22.25, Undervalued between 22.25 and 26.15, Fairly Valued between 33.93 and 26.15, Overvalued between 33.93 and 37.83, and Strongly Overvalued above 37.83. The current Forward EV/EBIT of 27.39 falls within the Historic Trend Line -Fairly Valued range.
10.02
PS
Public Storage. (PSA) has a current PS of 10.02. The 5-year average PS is 12.36. The thresholds are as follows: Strongly Undervalued below 8.31, Undervalued between 8.31 and 10.33, Fairly Valued between 14.38 and 10.33, Overvalued between 14.38 and 16.40, and Strongly Overvalued above 16.40. The current Forward PS of 10.02 falls within the Undervalued range.
0.00
P/OCF
Public Storage. (PSA) has a current P/OCF of 0.00. The 5-year average P/OCF is 13.10. The thresholds are as follows: Strongly Undervalued below -4.87, Undervalued between -4.87 and 4.12, Fairly Valued between 22.09 and 4.12, Overvalued between 22.09 and 31.07, and Strongly Overvalued above 31.07. The current Forward P/OCF of 0.00 falls within the Undervalued range.
0.00
P/FCF
Public Storage. (PSA) has a current P/FCF of 0.00. The 5-year average P/FCF is 44.32. The thresholds are as follows: Strongly Undervalued below -58.02, Undervalued between -58.02 and -6.85, Fairly Valued between 95.49 and -6.85, Overvalued between 95.49 and 146.65, and Strongly Overvalued above 146.65. The current Forward P/FCF of 0.00 falls within the Historic Trend Line -Fairly Valued range.
Public Storage (PSA) has a current Price-to-Book (P/B) ratio of 9.77. Compared to its 3-year average P/B ratio of 9.37 , the current P/B ratio is approximately 4.24% higher. Relative to its 5-year average P/B ratio of 9.80, the current P/B ratio is about -0.34% higher. Public Storage (PSA) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 6.19%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 5.50% , the current FCF yield is about -100.00% lower.
9.77
P/B
Median3y
9.37
Median5y
9.80
6.43
FCF Yield
Median3y
6.19
Median5y
5.50
Competitors Valuation Multiple
The average P/S ratio for PSA's competitors is , providing a benchmark for relative valuation. Public Storage Corp (PSA) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 2.38%, this premium appears unsustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of PSA decreased by 21.76% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 28.20 to 30.50.
The secondary factor is the Revenue Growth, contributed 2.38%to the performance.
Overall, the performance of PSA in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ

Is Public Storage (PSA) currently overvalued or undervalued?
Public Storage (PSA) is now in the Undervalued zone, suggesting that its current forward PE ratio of 27.56 is considered Undervalued compared with the five-year average of 28.69. The fair price of Public Storage (PSA) is between 315.57 to 398.56 according to relative valuation methord. Compared to the current price of 279.67 USD , Public Storage is Undervalued By 11.38% .

What is Public Storage (PSA) fair value?

How does PSA's valuation metrics compare to the industry average?

What is the current P/B ratio for Public Storage (PSA) as of Sep 23 2025?

What is the current FCF Yield for Public Storage (PSA) as of Sep 23 2025?

What is the current Forward P/E ratio for Public Storage (PSA) as of Sep 23 2025?
