US · PSA
Public Storage
- Sector
- Real Estate · REIT - Industrial
- Headquarters
- Glendale, CA 91201
- Website
- publicstorage.com
Price · as of 2025-12-31
$301.55
Market cap 53.89B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $230.52 | -23.55% |
| Intrinsic Value(DCF) | $159.60 | -47.07% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | $109.93 | -63.55% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $77.29 | $52.16 | $15.76 | $0.00 | $74.78 |
| 2012 | $91.83 | $61.26 | $18.72 | $0.00 | $77.43 |
| 2013 | $105.74 | $73.43 | $14.69 | $0.00 | $88.56 |
| 2014 | $123.08 | $94.74 | $18.67 | $0.00 | $122.63 |
| 2015 | $172.89 | $122.67 | $12.83 | $0.00 | $130.00 |
| 2016 | $152.90 | $123.70 | $4.57 | $0.00 | $129.32 |
| 2017 | $144.27 | $116.07 | $5.80 | $0.00 | $100.91 |
| 2018 | $160.66 | $125.07 | $5.58 | $0.00 | $111.95 |
| 2019 | $177.74 | $129.66 | $3.60 | $0.00 | $99.31 |
| 2020 | $196.09 | $131.14 | $5.41 | $0.00 | $79.61 |
| 2021 | $303.34 | $190.55 | $12.75 | $0.00 | $274.60 |
| 2022 | $248.87 | $304.99 | $24.61 | $0.00 | $733.47 |
| 2023 | $270.49 | $223.95 | $29.91 | $0.00 | $193.23 |
| 2024 | $301.29 | $232.20 | $41.22 | $0.00 | $141.28 |
| 2025 | $310.94 | $230.52 | $61.91 | $0.00 | $109.93 |
AI valuation
Our deep-learning model estimates Public Storage's (PSA) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $230.52
- Current price
- $301.55
- AI upside
- -23.55%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$159.60
-47.07% upside
Graham-Dodd
—
— upside
Graham Formula
$109.93
-63.55% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| PSA | Public Storage | $301.55 | 53.89B | -24% | -47% | — | -64% | 30.36 | 5.90 | 11.31 | 19.87 | — | 6.06 | 24.96% | 46.73% | 36.99% | 18.96% | 11.93% | 8.99% | 1.11 | 7.40 | 0.75 | 0.75 | 3.06 | -1532.00% | 274.00% | 697.00% | 5.31% | 5.20 | 15.33% | 4.22% | 128.20% | 4.22% | 28.61 | 22.26 | 13.37 | 3.53 |
| CBRE | CBRE Group, Inc. | $147.66 | 43.94B | -42% | -61% | -83% | -45% | 37.36 | 4.87 | 1.07 | 19.88 | 165.22 | -37.75 | 14.97% | 3.19% | 2.85% | 13.38% | 6.91% | 4.19% | 1.13 | 5.80 | 1.09 | 1.01 | 3.15 | 2261.00% | 1337.00% | -2004.00% | 2.76% | 0.13 | 7.95% | 0.00% | 0.00% | 2.24% | 39.68 | 43.04 | 1.27 | 3.17 |
| CCI | Crown Castle Inc. | $89.54 | 38.99B | +12% | -60% | — | — | 87.72 | -23.82 | 9.13 | 24.66 | — | -5.11 | 66.07% | 48.75% | 10.41% | -50.23% | 7.19% | 1.38% | -18.08 | 2.17 | 0.26 | 0.14 | 10.59 | -11136.00% | -3506.00% | 6705.00% | 7.38% | 0.68 | 10.08% | 5.34% | 468.50% | 5.91% | 32.82 | 23.74 | 16.00 | 0.04 |
| DLR | Digital Realty Trust, Inc… | $177.20 | 60.89B | -25% | -60% | — | -62% | 46.90 | 2.68 | 10.04 | 22.89 | 38.33 | 5.54 | 55.39% | 10.77% | 21.41% | 5.91% | 1.62% | 2.76% | 1.05 | 1.50 | 4.50 | 4.19 | 5.78 | 12236.00% | 1004.00% | -52299.00% | 3.93% | 2.10 | 6.10% | 2.82% | 132.10% | 2.82% | 124.69 | 34.04 | 13.43 | 1.57 |
| EXR | Extra Space Storage Inc. | $151.03 | 31.89B | -26% | -60% | — | -72% | 31.63 | 2.41 | 9.57 | 19.54 | 227.60 | 2.44 | 28.43% | 44.09% | 28.84% | 7.47% | 5.19% | 3.52% | 1.11 | 2.34 | 1.28 | 1.28 | 6.14 | 1390.00% | 119.00% | -203.00% | 5.66% | 1.33 | 6.64% | 4.25% | 134.40% | 4.71% | 31.68 | 25.79 | 13.97 | 1.53 |
| O | Realty Income Corporation | $67.00 | 61.51B | -28% | -60% | -34% | -71% | 57.14 | 1.55 | 10.63 | 26.34 | 294.72 | 1.78 | 89.80% | 28.30% | 18.41% | 2.73% | 2.33% | 1.51% | 0.83 | — | 0.51 | 0.51 | 9.13 | 1939.00% | 907.00% | 1180.00% | 6.54% | 1.37 | 5.83% | 0.00% | 0.00% | 0.00% | 57.49 | 23.42 | 16.27 | 1.05 |
| REXR | Rexford Industrial Realty… | $37.47 | 8.94B | -47% | -60% | -63% | -63% | 41.79 | 1.03 | 8.73 | 18.87 | — | 1.05 | 77.30% | 37.94% | 21.14% | 2.50% | 3.25% | 1.66% | 0.41 | 3.63 | 7.16 | 6.93 | 5.20 | -2833.00% | 713.00% | 9774.00% | 2.38% | 7.83 | 1.78% | 4.83% | 201.80% | 7.71% | 31.75 | 57.93 | 12.05 | 1.54 |
| SPG | Simon Property Group, Inc… | $203.85 | 66.55B | -24% | -58% | -57% | +2% | 14.31 | 12.72 | 10.41 | 12.04 | 15.10 | 12.72 | 85.72% | 49.89% | 72.51% | 113.56% | 10.53% | 12.68% | 5.60 | 3.26 | 0.16 | 0.16 | 3.61 | 9477.00% | 672.00% | 540.00% | 4.87% | 0.38 | 10.77% | 0.00% | 0.00% | 0.34% | 29.79 | 29.34 | 14.86 | 1.15 |
About Public Storage
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Our headquarters are located in Glendale, California.
- CEO
- Joseph D. Russell Jr.
- Employees
- 5.9K
- Beta
- 0.99
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($159.60 ÷ $301.55) − 1 = -47.07% (DCF, example).