Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 29.38 as of 2026-09-11T02:41:35.748Z.
Consensus retrieved: 2026-09-10T03:36:46.619Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-11T02:41:35.748Z.
Quote observation: 2026-09-10T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ecee9d2e48e50729c33c91a87904ca9a27051d8d38403eacb209fed15eeabb03
Forward PE Ratio (29.38) = Dated Quote Price ($294.60) / Consensus Forward EPS ($10.03)
FORWARD PE RATIO
29.38
SECTOR MEDIAN · REAL ESTATE
31.57
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
-6.94%
vs the sector median at left
Public Storage
Market Cap
$54.94B
Forward PE Ratio
29.38
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Public Storage (PSA) | $54.94B | 29.38 |
| Realty Income Corporation (O)vs › | $55.55B | 39.18 |
| Ventas, Inc. (VTR)vs › | $43.96B | 155.16 |
| Simon Property Group, Inc. (SPG)vs › | $66.37B | 30.79 |
| Digital Realty Trust, Inc. (DLR)vs › | $68.58B | 68.45 |
| CBRE Group, Inc. (CBRE)vs › | $39.96B | 17.62 |
| Iron Mountain Incorporated (IRM)vs › | $33.59B | 45.27 |
| Crown Castle Inc. (CCI)vs › | $32.28B | 38.30 |
| American Tower Corporation (AMT)vs › | $80.60B | 24.82 |
| Extra Space Storage Inc. (EXR)vs › | $28.83B | 29.54 |
Trailing P/E
28.1
reported TTM EPS
Forward P/E
29.4
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $10.03 implies -4.3% EPS decline vs the reported trailing $10.48.
At the dated quote price of $294.60, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $10.03 | $9.98 – $10.09 | 5 | 29.4x |
| 2027-12-31 | $10.14 | $10.00 – $10.33 | 5 | 29.1x |
| 2028-12-31 | $10.60 | $9.99 – $11.56 | 4 | 27.8x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
