Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 31.62 as of Sunday, July 26, 2026.
Forward PE Ratio (31.62) = Close Price ($322.48) / Consensus Forward EPS ($10.20)
FORWARD PE RATIO
31.62
SECTOR MEDIAN · REAL ESTATE
35.81
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-11.71%
vs the sector median at left
Public Storage
Market Cap
$56.62B
Forward PE Ratio
31.62
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Public Storage (PSA) | $56.62B | 31.62 |
| Realty Income Corporation (O)vs › | $61.17B | 42.43 |
| Ventas, Inc. (VTR)vs › | $48.87B | 161.11 |
| CBRE Group, Inc. (CBRE)vs › | $40.84B | 18.07 |
| Digital Realty Trust, Inc. (DLR)vs › | $73.65B | 78.55 |
| Simon Property Group, Inc. (SPG)vs › | $74.51B | 34.29 |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 54.07 |
| American Tower Corporation (AMT)vs › | $77.65B | 25.28 |
| Crown Castle Inc. (CCI)vs › | $32.73B | 37.50 |
| Extra Space Storage Inc. (EXR)vs › | $31.21B | 32.00 |
Trailing P/E
33.3
reported TTM EPS
Forward P/E
31.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $10.20 implies +5.3% EPS growth vs the reported trailing $9.69.
At today's $322.48 close, 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 | $10.20 | $10.14 – $10.29 | 4 | 31.6x |
| 2027-12-31 | $9.88 | $9.72 – $10.00 | 5 | 32.6x |
| 2028-12-31 | $10.48 | $10.47 – $10.48 | 2 | 30.8x |
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
