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 55,740 - -
Change - -25.07% 8.98% -2.19% -13.2% 22.42% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 68,536 68,907 69,201
Change - -23.63% 12.76% -1.61% -9.61% 23.56% 0.54% 0.43%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 29.5x 30.2x 28.2x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 4.33x 4.68x 4.83x
PEG - 0x -0.5x -7.4x -1.9x 2.4x -13.48x 4.06x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 10.9x 10.1x 9.81x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 13.4x 12.5x 12.2x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 18.9x 17.3x 17x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 29.3x 27.4x 26.2x
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% 4.03% 4.13% 4.24%
EPS 2 9.87 23.5 11.06 10.64 9.01 10.11 9.882 10.57
Distribution rate 81.1% 90% 108% 113% 133% 119% 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 3,630 3,974 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 1,875 1,970 2,068
Net Debt 1 6,741 6,096 8,733 8,906 9,936 12,796 13,167 13,461
Reference price 2 374.56 280.19 305.00 299.44 259.50 298.31 298.31 298.31
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.($)
81.58x12.95x34.9x1.34% 169B
57.34x11.56x22.5x2.1% 97.29B
26.57x11.09x16.76x3.86% 86.33B
62.14x11.86x22x2.78% 65.28B
29.51x13.44x18.88x4.03% 55.74B
155.08x8.1x22.25x2.42% 44.04B
43.16x12.96x19.43x5.17% 35B
60.9x6.37x17.15x3.13% 33.49B
29.89x14.31x17.42x4.67% 29.5B
Average 60.69x 11.40x 21.25x 3.28% 68.44B
Weighted average by Cap. 62.74x 11.76x 24.00x 2.76%

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