Which has the lower trailing P/E, PSA or SPG?

SPG has the lower trailing P/E: PSA trades at 33.44 and SPG at 16.14. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, PSA or SPG?

Over the past five years, PSA grew revenue faster — PSA at a 10.32% CAGR versus SPG at 8.15%.

Does PSA or SPG pay a bigger dividend?

PSA yields 3.70% and SPG yields 3.80% based on trailing dividends and the latest price.

Is PSA or SPG more profitable?

SPG runs the higher net margin — PSA at 39.16% versus SPG at 70.40%.

How have PSA and SPG total returns compared?

Over the past 10 years, PSA delivered 6.47% and SPG delivered 5.85% annualized total return. Past performance doesn't predict future results.

Public Storage (PSA) vs Simon Property Group, Inc. (SPG)

A side-by-side comparison of Public Storage and Simon Property Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

PSA

Public Storage

$61.62B

$330.47Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

SPG

Simon Property Group, Inc.

$76.76B

$236.70Real EstateDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — PSA vs SPG

growth of $100 · dividends reinvested · last 30y

PSA +4641.6%SPG +4308.4%PSA compounded faster

PSA SPG

PSA vs SPG: by the numbers

•SPG is the larger company ($76.76B vs $61.62B market cap).
•SPG trades at the lower trailing earnings multiple (16.14 vs 33.44 P/E), one valuation lens rather than an overall verdict.
•SPG converts more revenue to profit (70.40% vs 39.16% net margin).
•PSA grew revenue faster over the past five years (10.32% vs 8.15% CAGR).
•SPG pays the higher dividend yield (3.80% vs 3.70%).

Metrics side by side

Valuation

Metric	PSA	SPG
P/E ratio	33.44	16.14
Forward P/E	31.77	34.57
P/S ratio	11.73	11.29
P/B ratio	6.18	15.45
PEG ratio	4.45	0.14
EV / EBITDA	18.34	21.58

Profitability

Metric	PSA	SPG
Gross margin	24.96%	85.24%
Operating margin	50.85%	48.28%
Net margin	39.16%	70.40%
ROE	20.63%	96.34%
ROIC	13.14%	9.60%

Dividends

Metric	PSA	SPG
Dividend yield	3.70%	3.80%
Payout ratio	132.74%	62.23%

Growth (annualized)

Metric	PSA	SPG
Revenue CAGR (5Y)	10.32%	8.15%
EPS CAGR (5Y)	7.52%	31.55%
Total return CAGR (5Y)	4.32%	19.74%

Frequently asked

Which has the lower trailing P/E, PSA or SPG?: SPG has the lower trailing P/E: PSA trades at 33.44 and SPG at 16.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PSA or SPG?: Over the past five years, PSA grew revenue faster — PSA at a 10.32% CAGR versus SPG at 8.15%.
Does PSA or SPG pay a bigger dividend?: PSA yields 3.70% and SPG yields 3.80% based on trailing dividends and the latest price.
Is PSA or SPG more profitable?: SPG runs the higher net margin — PSA at 39.16% versus SPG at 70.40%.
How have PSA and SPG total returns compared?: Over the past 10 years, PSA delivered 6.47% and SPG delivered 5.85% annualized total return. Past performance doesn't predict future results.

Go deeper

Full PSA analysis Full SPG analysis Interactive comparison tool

Dig into the metrics

Public Storage P/E ratio Simon Property P/E ratio Public Storage dividend yield Simon Property dividend yield Public Storage ROE Simon Property ROE Public Storage operating margin Simon Property operating margin Public Storage revenue growth Simon Property revenue growth Public Storage free cash flow Simon Property free cash flow

Public Storage & Simon Property appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.