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Public Storage (PSA) PB Ratio: 6.18

Is Public Storage’s P/B ratio high or low?

Public Storage's P/B ratio of 6.18 is 11% above its 5-year average of 5.58, around the middle of its 5-year range (4.16–7.92).

The P/B ratio for Public Storage (PSA) is 6.18. It is above its 12-month average by 13.73% (5.43).

PSA PB Ratio Chart

PSA PB Ratio
6.18+10.55% 1Y
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PSA Average PB Ratio Chart

PSA Current vs Average PB Ratio Chart

PSA PB Ratio Metrics

PB RATIO

6.18

PB RATIO AVG TTM

5.43

PB RATIO AVG 3Y

5.32

PB RATIO AVG 5Y

5.58

PB RATIO AVG 10Y

4.93

PB RATIO AVG 15Y

4.40

PB RATIO AVG 20Y

3.72

CURRENT VS TTM AVG

+13.73%

CURRENT VS 3Y AVG

+16.11%

CURRENT VS 5Y AVG

+10.74%

CURRENT VS 10Y AVG

+25.39%

CURRENT VS 15Y AVG

+40.50%

CURRENT VS 20Y AVG

+66.35%

PSA Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Public Storage (PSA)$56.87B6.185.435.325.58
Realty Income Corporation (O)$57.93B1.441.391.291.46
Digital Realty Trust, Inc. (DLR)$63.53B2.732.662.512.36
Simon Property Group, Inc. (SPG)$69.02B14.1920.6417.9815.85
Crown Castle Inc. (CCI)$40.76BN/A7.787.787.88
VICI Properties Inc. (VICI)$30.59B1.081.171.231.32
American Tower Corporation (AMT)$89.65B24.5923.8323.1621.94
Equinix, Inc. (EQIX)$102.40B7.176.046.166.11
Federal Realty Investment Trust (FRT)$10.68B3.242.722.792.99
Agree Realty Corporation (ADC)$9.07B1.461.401.311.34

P/B vs. its own history

At 6.18, P/B is richer than usual — richer than 95% of its 20-year range.

20-year low

0.93

median

3.87

20-year high

7.92

cheaperricher

Book Value Analysis

P/B Ratio

6.18

Market Price / Book Value per Share

Public Storage PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Public Storage PB Ratio FAQ

What is the P/B ratio for Public Storage (PSA)?
The P/B ratio for PSA stock is 6.18.
Is Public Storage's P/B ratio high or low?
Public Storage's P/B ratio of 6.18 is 11% above its 5-year average of 5.58, around the middle of its 5-year range (4.16–7.92).
What is the TTM average P/B ratio for Public Storage (PSA)?
The TTM average P/B ratio for PSA stock is 5.43.
What is the 3Y average P/B ratio for Public Storage (PSA)?
The 3Y average P/B ratio for PSA stock is 5.32.
What is the 5Y average P/B ratio for Public Storage (PSA)?
The 5Y average P/B ratio for PSA stock is 5.58.
What is the 10Y average P/B ratio for Public Storage (PSA)?
The 10Y average P/B ratio for PSA stock is 4.93.
What is the 15Y average P/B ratio for Public Storage (PSA)?
The 15Y average P/B ratio for PSA stock is 4.40.
What is the 20Y average P/B ratio for Public Storage (PSA)?
The 20Y average P/B ratio for PSA stock is 3.72.

Public Storage PB Ratio History

DATEPB RATIO
2026-06-106.18
2026-06-096.16
2026-06-085.93
2026-06-055.91
2026-06-045.85
2026-06-035.76
2026-06-025.71
2026-06-015.64
2026-05-295.79
2026-05-285.90
2026-05-275.85
2026-05-265.81
2026-05-225.82
2026-05-215.82
2026-05-205.78
2026-05-195.67
2026-05-185.65
2026-05-155.58
2026-05-145.78
2026-05-135.79
2026-05-125.94
2026-05-115.94
2026-05-085.93
2026-05-075.90
2026-05-065.89
2026-05-055.70
2026-05-045.63
2026-05-015.75
2026-04-305.77
2026-04-295.61
2026-04-285.67
2026-04-275.83
2026-04-245.86
2026-04-235.91
2026-04-225.80
2026-04-215.86
2026-04-205.94
2026-04-175.88
2026-04-165.74
2026-04-155.70
2026-04-145.78
2026-04-135.63
2026-04-105.61
2026-04-095.58
2026-04-085.51
2026-04-075.31
2026-04-065.34
2026-04-025.33
2026-04-015.25
2026-03-315.15
2026-03-305.04
2026-03-275.06
2026-03-265.10
2026-03-255.09
2026-03-245.10
2026-03-235.16
2026-03-205.05
2026-03-195.27
2026-03-185.28
2026-03-175.44
2026-03-165.51
2026-03-135.66
2026-03-125.66
2026-03-115.70
2026-03-105.82
2026-03-095.83
2026-03-065.86
2026-03-055.84
2026-03-045.91
2026-03-035.82
2026-03-025.91
2026-02-275.84
2026-02-265.78
2026-02-255.69
2026-02-245.78
2026-02-235.80
2026-02-205.80
2026-02-195.68
2026-02-185.69
2026-02-175.74
2026-02-135.71
2026-02-125.56
2026-02-115.55
2026-02-105.52
2026-02-095.46
2026-02-065.42
2026-02-055.34
2026-02-045.45
2026-02-035.28
2026-02-025.13
2026-01-305.22
2026-01-295.24
2026-01-285.17
2026-01-275.25
2026-01-265.26
2026-01-235.34
2026-01-225.41
2026-01-215.45
2026-01-205.39
2026-01-165.55
2026-01-155.53
2026-01-145.44
2026-01-135.29
2026-01-125.27
2026-01-095.25
2026-01-085.12
2026-01-075.02
2026-01-065.11
2026-01-054.93
2026-01-024.88
2025-12-314.90
2025-12-304.93
2025-12-294.90
2025-12-264.92
2025-12-244.95
2025-12-234.90
2025-12-224.94
2025-12-194.89
2025-12-184.94
2025-12-175.05
2025-12-165.05
2025-12-155.14
2025-12-125.19
2025-12-115.17
2025-12-105.05
2025-12-095.00
2025-12-085.09
2025-12-055.14
2025-12-045.22
2025-12-035.26
2025-12-025.16
2025-12-015.12
2025-11-285.19
2025-11-265.18
2025-11-255.14
2025-11-245.08
2025-11-215.09
2025-11-205.01
2025-11-195.03
2025-11-185.13
2025-11-175.10
2025-11-145.18
2025-11-135.18
2025-11-125.20
2025-11-115.25
2025-11-105.15
2025-11-075.25
2025-11-065.17
2025-11-055.27
2025-11-045.21
2025-11-035.24
2025-10-315.26
2025-10-305.30
2025-10-295.46
2025-10-285.59
2025-10-275.64
2025-10-245.67
2025-10-235.75
2025-10-225.84
2025-10-215.79
2025-10-205.85
2025-10-175.77
2025-10-165.76
2025-10-155.65
2025-10-145.67
2025-10-135.62
2025-10-105.53
2025-10-095.52
2025-10-085.50
2025-10-075.51
2025-10-065.46
2025-10-035.51
2025-10-025.43
2025-10-015.46
2025-09-305.42
2025-09-295.42
2025-09-265.37
2025-09-255.26
2025-09-245.27
2025-09-235.30
2025-09-225.25
2025-09-195.24
2025-09-185.33
2025-09-175.33
2025-09-165.35
2025-09-155.38
2025-09-125.49
2025-09-115.54
2025-09-105.42
2025-09-095.45
2025-09-085.53
2025-09-055.59
2025-09-045.48
2025-09-035.48
2025-09-025.41
2025-08-295.53
2025-08-285.47
2025-08-275.47
2025-08-265.42
2025-08-255.44
2025-08-225.51
2025-08-215.38
2025-08-205.39
2025-08-195.39
2025-08-185.27
2025-08-155.31
2025-08-145.27
2025-08-135.32
2025-08-125.26
2025-08-115.25
2025-08-085.29
2025-08-075.33
2025-08-065.28
2025-08-055.29
2025-08-045.27
2025-08-015.23
2025-07-315.10
2025-07-305.42
2025-07-295.38
2025-07-285.26
2025-07-255.29
2025-07-245.28
2025-07-235.33
2025-07-225.35
2025-07-215.23
2025-07-185.22
2025-07-175.21
2025-07-165.25
2025-07-155.22
2025-07-145.31
2025-07-115.32
2025-07-105.31
2025-07-095.32
2025-07-085.35
2025-07-075.37
2025-07-035.45
2025-07-025.46
2025-07-015.48
2025-06-305.40
2025-06-275.33
2025-06-265.31
2025-06-255.32
2025-06-245.44
2025-06-235.42
2025-06-205.34
2025-06-185.35
2025-06-175.40
2025-06-165.42
2025-06-135.42
2025-06-125.46
2025-06-115.52
2025-06-105.59
2025-06-095.57
2025-06-065.57
2025-06-055.53
2025-06-045.58
2025-06-035.58
2025-06-025.70
2025-05-305.67
2025-05-295.63

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Public Storage

Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties. By September 30, 2020, the company's substantial holdings included 2,504 self-storage facilities located across 38 U.S. states, collectively providing around 171 million net rentable square feet. Additionally, Public Storage held an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), an entity that owned and operated 239 self-storage sites under the Shurgard brand in seven Western European countries, encompassing approximately 13 million net rentable square feet. Concurrently, it maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, as of the same reporting date, managed roughly 28 million rentable square feet of commercial properties. The company's main office is situated in Glendale, California.

Glendale, CA
5,900 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
H. Thomas Boyle