Company Valuation: Public Storage

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 65,681 49,212 53,630 52,457 45,533 57,358 - -
Change - -25.07% 8.98% -2.19% -13.2% 25.97% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 70,154 70,525 70,820
Change - -23.63% 12.76% -1.61% -9.61% 26.48% 0.53% 0.42%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 32.7x 31.1x 29.1x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 3.75x 4.81x 4.97x
PEG - 0x -0.5x -7.4x -1.9x 7.95x 5.96x 4.21x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 11.3x 10.6x 10.3x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 13.8x 13x 12.7x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 19.5x 17.7x 17.3x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 33x 28x 26.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.02 12.31 12.66
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 3.92% 4.01% 4.12%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.38 9.87 10.55
Distribution rate 81.1% 90% 108% 113% 133% 128% 125% 120%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,081 5,432 5,561
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,607 3,978 4,082
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,124 2,518 2,641
Net income 1 1,732 4,142 1,949 1,873 1,586 1,743 1,975 2,075
Net Debt 1 6,741 6,096 8,733 8,906 9,936 12,796 13,167 13,461
Reference price 2 374.56 280.19 305.00 299.44 259.50 306.97 306.97 306.97
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,852 - -
Announcement Date 2/22/22 2/21/23 2/20/24 2/24/25 2/12/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
83.05x13.23x35.62x1.31% 173B
56.41x11.39x22.18x2.13% 95.48B
27.11x11.2x17.01x3.8% 87.73B
60.9x11.78x21.86x2.81% 64.75B
35.28x13.83x19.31x3.92% 57.36B
158.32x8.19x22.51x2.38% 44.84B
45.39x13.65x20.29x4.86% 37.26B
61.21x6.4x17.21x3.11% 33.66B
30.7x14.57x17.75x4.55% 30.29B
Average 62.04x 11.58x 21.53x 3.21% 69.42B
Weighted average by Cap. 63.89x 11.93x 24.32x 2.72%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Public Storage

Historical PBR trend

Valuation ratios - PBR - Public Storage

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Public Storage

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Public Storage


Year-on-year evolution of the Yield

Valuation ratios - Yield - Public Storage