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 64,042 - -
Change - -25.07% 8.98% -2.19% -13.2% 40.65% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 75,561 77,414 77,695
Change - -23.63% 12.76% -1.61% -9.61% 36.22% 2.45% 0.36%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 36.2x 34.5x 32.4x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 4.18x 5.38x 5.55x
PEG - 0x -0.5x -7.4x -1.9x 7.06x 6.95x 5.15x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 12.5x 11.6x 11.2x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 14.8x 14x 13.6x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 20.8x 19.4x 18.7x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 33.3x 31.6x 30.3x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 8 21.15 12 12 12 12.01 12.37 12.69
Rate of return 2.14% 7.55% 3.93% 4.01% 4.62% 3.5% 3.61% 3.7%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.472 9.942 10.57
Distribution rate 81.1% 90% 108% 113% 133% 127% 124% 120%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,115 5,520 5,728
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,628 3,996 4,151
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,269 2,446 2,564
Net income 1 1,732 4,142 1,949 1,873 1,586 1,701 1,890 1,985
Net Debt 1 6,741 6,096 8,733 8,906 9,936 11,519 13,372 13,652
Reference price 2 374.56 280.19 305.00 299.44 259.50 342.76 342.76 342.76
Nbr of stocks (in thousands) 175,355 175,638 175,836 175,183 175,463 186,843 - -
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.($)
80.94x13.11x35.23x1.31% 177B
56.01x11.88x23.15x2.03% 100B
26.89x11.12x16.87x3.81% 86.86B
65.04x12.06x22.88x2.71% 68.19B
35.2x14.43x20.34x3.6% 62.29B
163.22x8.27x22.91x2.39% 46.03B
44.93x13.55x20.15x4.91% 36.88B
63.17x6.53x17.57x3.02% 34.74B
33.69x15.47x18.83x4.15% 32.61B
Average 63.23x 11.83x 21.99x 3.1% 71.66B
Weighted average by Cap. 64.15x 12.11x 24.61x 2.65%

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