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 26.71 is considered Undervalued compared with the five-year average of 28.53. The fair price of Public Storage (PSA) is between 326.95 to 411.24 according to relative valuation methord. Compared to the current price of 276.63 USD , Public Storage is Undervalued By 15.39%.
Relative Value
Fair Zone
326.95-411.24
Current Price：276.63
15.39%
Undervalued
26.71
PE
1Y
3Y
5Y
Trailing
Forward
17.89
EV/EBITDA
Public Storage. (PSA) has a current EV/EBITDA of 17.89. The 5-year average EV/EBITDA is 20.52. The thresholds are as follows: Strongly Undervalued below 14.77, Undervalued between 14.77 and 17.64, Fairly Valued between 23.39 and 17.64, Overvalued between 23.39 and 26.27, and Strongly Overvalued above 26.27. The current Forward EV/EBITDA of 17.89 falls within the Historic Trend Line -Fairly Valued range.
27.00
EV/EBIT
Public Storage. (PSA) has a current EV/EBIT of 27.00. The 5-year average EV/EBIT is 29.88. The thresholds are as follows: Strongly Undervalued below 22.04, Undervalued between 22.04 and 25.96, Fairly Valued between 33.80 and 25.96, Overvalued between 33.80 and 37.71, and Strongly Overvalued above 37.71. The current Forward EV/EBIT of 27.00 falls within the Historic Trend Line -Fairly Valued range.
9.83
PS
Public Storage. (PSA) has a current PS of 9.83. The 5-year average PS is 12.21. The thresholds are as follows: Strongly Undervalued below 8.10, Undervalued between 8.10 and 10.16, Fairly Valued between 14.27 and 10.16, Overvalued between 14.27 and 16.32, and Strongly Overvalued above 16.32. The current Forward PS of 9.83 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 12.25. The thresholds are as follows: Strongly Undervalued below -6.17, Undervalued between -6.17 and 3.04, Fairly Valued between 21.46 and 3.04, Overvalued between 21.46 and 30.67, and Strongly Overvalued above 30.67. 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 43.16. The thresholds are as follows: Strongly Undervalued below -60.52, Undervalued between -60.52 and -8.68, Fairly Valued between 95.00 and -8.68, Overvalued between 95.00 and 146.84, and Strongly Overvalued above 146.84. 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 9.78. Compared to its 3-year average P/B ratio of 9.44 , the current P/B ratio is approximately 3.58% higher. Relative to its 5-year average P/B ratio of 9.88, the current P/B ratio is about -0.96% 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 6.22%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 5.55% , the current FCF yield is about -100.00% lower.
9.78
P/B
Median3y
9.44
Median5y
9.88
6.60
FCF Yield
Median3y
6.22
Median5y
5.55
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 3.05%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of PSA decreased by 7.62% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 36.47 to 42.06.
The secondary factor is the Revenue Growth, contributed 3.05%to the performance.
Overall, the performance of PSA in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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FAQ
Is Public Storage (PSA) currently overvalued or undervalued?
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