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 53,978 - -
Change - -25.07% 8.98% -2.19% -13.2% 18.55% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 66,774 67,145 67,439
Change - -23.63% 12.76% -1.61% -9.61% 20.38% 0.56% 0.44%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 29.2x 29.4x 27.3x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 4.2x 4.53x 4.67x
PEG - 0x -0.5x -7.4x -1.9x 2.94x -33.29x 3.57x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 10.6x 9.8x 9.5x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 13.1x 12.2x 11.9x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 18.4x 16.9x 16.5x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 28.6x 26.7x 25.5x
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% 4.16% 4.26% 4.38%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.906 9.818 10.57
Distribution rate 81.1% 90% 108% 113% 133% 121% 125% 120%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,100 5,509 5,683
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,629 3,967 4,077
EBIT 1 1,681 2,126 2,293 2,186 2,236 2,336 2,517 2,641
Net income 1 1,732 4,142 1,949 1,873 1,586 1,854 1,966 2,068
Net Debt 1 6,741 6,096 8,733 8,906 9,936 12,796 13,167 13,461
Reference price 2 374.56 280.19 305.00 299.44 259.50 288.88 288.88 288.88
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
79.99x12.72x34.28x1.36% 166B
60.05x12x23.37x2% 102B
26.18x10.97x16.59x3.92% 85.07B
63.67x12.08x22.41x2.72% 66.84B
29.16x13.09x18.4x4.16% 53.98B
150.89x7.93x21.78x2.49% 42.85B
62.4x6.47x17.41x3.06% 34.27B
41.69x12.82x19.21x5.25% 34.47B
28.7x13.92x16.94x4.86% 28.32B
Average 60.30x 11.33x 21.16x 3.31% 68.18B
Weighted average by Cap. 62.42x 11.70x 23.87x 2.77%

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