Public Storage
PSA
#380
Rank
$51.10 B
Marketcap
$290.06
Share price
0.68%
Change (1 day)
2.86%
Change (1 year)

P/E ratio for Public Storage (PSA)

P/E ratio as of March 2024 (TTM): 26.5

According to Public Storage's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.4653. At the end of 2022 the company had a P/E ratio of 11.9.

P/E ratio history for Public Storage from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.9-68.63%
202137.82.95%
202036.726.02%
201929.123.2%
201823.6-23.74%
201731.0-5.1%
201632.7-19.66%
201540.715.96%
201435.114.65%
201330.6-16.85%
201236.8-9.43%
201140.6-5.47%
201043.083.61%
200923.423.36%
200819.0-69.5%
200762.2-75.75%
2006257650.19%
200534.2-14.73%
200440.119.24%
200333.619.72%
200228.119.45%
200123.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.6 11.70%๐Ÿ‡บ๐Ÿ‡ธ USA
48.8 84.49%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6-37.16%๐Ÿ‡บ๐Ÿ‡ธ USA
26.3-0.66%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.