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 54,161 - -
Change - -25.07% 8.98% -2.19% -13.2% 18.95% - -
Enterprise Value (EV) 1 72,421 55,308 62,363 61,362 55,468 66,957 67,328 67,622
Change - -23.63% 12.76% -1.61% -9.61% 20.71% 0.55% 0.44%
P/E 37.9x 11.9x 27.6x 28.1x 28.8x 29.1x 29.3x 27.2x
PBR 7.04x 4.87x 5.35x 5.41x 4.92x 4.21x 4.55x 4.69x
PEG - 0x -0.5x -7.4x -1.9x 2.8x -52.77x 3.6x
Capitalization / Revenue 20.5x 11.8x 11.9x 11.2x 9.44x 10.6x 9.8x 9.48x
EV / Revenue 22.6x 13.2x 13.8x 13.1x 11.5x 13.1x 12.2x 11.8x
EV / EBITDA 30.3x 18.3x 19.1x 18.5x 16.4x 18.4x 17x 16.6x
EV / EBIT 43.1x 26x 27.2x 28.1x 24.8x 28.7x 26.7x 25.6x
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% 4.15% 4.25% 4.37%
EPS 2 9.87 23.5 11.06 10.64 9.01 9.957 9.902 10.65
Distribution rate 81.1% 90% 108% 113% 133% 121% 124% 119%
Net sales 1 3,204 4,182 4,518 4,696 4,824 5,109 5,526 5,714
EBITDA 1 2,394 3,015 3,263 3,315 3,388 3,629 3,968 4,078
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 2 374.56 280.19 305.00 299.44 259.50 289.86 289.86 289.86
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.($)
78.32x12.48x33.64x1.39% 163B
59.67x11.94x23.25x2.02% 101B
26.13x10.96x16.57x3.93% 84.92B
63.2x12.01x22.27x2.74% 66.32B
29.11x13.11x18.45x4.15% 54.16B
148.18x7.82x21.48x2.53% 42.08B
62.08x6.45x17.36x3.08% 34.09B
40.99x12.68x19x5.34% 33.88B
28.76x13.96x17x4.84% 28.45B
Average 59.60x 11.27x 21.00x 3.33% 67.52B
Weighted average by Cap. 61.41x 11.60x 23.58x 2.8%

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