How Public Storage stacks up

PSA · against 175 other Real Estate companies listed in US-listed

Valuation

31/ 100

Below the middle of the pack.

Ranked #129 of 176 · scores higher than 25% of peers

Bars: peers in each 10-point band of the valuation score

25 peers with a valuation score of 30–39, including PSA · Click a bar to see the companies

Why valuation scores 31?

Weighted metrics compared with all Real Estate companies.

Mainly because of its free cash flow yield, earnings yield and EBITDA yield, which are weaker than most Real Estate peers.

less free cash flow for the price paid: weaker than 67% of peers. Free cash flow yield: 4.6% vs peer median 6.5%
lower earnings for the price paid: weaker than 64% of peers. Earnings yield: 3.5% vs peer median 5.3%
less operating profit (EBITDA) for the company's total value: weaker than 61% of peers. EBITDA yield: 4.7% vs peer median 5.4%

Metric by metric

Position: dot = PSA, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.

Metric	PSA	Peer median	Better than	Weight
Earnings yieldHigher is better · 184 reported	3.1%	2.9%	52%	30%
EBITDA yieldHigher is better · 158 reported	4.7%	6.1%	23%	50%
Free cash flow yieldHigher is better · 167 reported	4.6%	5.9%	34%	20%
Book yieldHigher is better · 184 reported	8.3%	63.5%	5%	Context only

Ranking by valuation score

Top 5 and the companies ranked around PSA

Rank	Company	Market cap	Valuation	Overall
1	Adamas Trust, Inc.ADAM · US-listed	517M USD	99	79
1	Federal Realty Investment TrustFRT-PC · US-listed	Unavailable	99	73
3	Smith Douglas Homes Corp.SDHC · US-listed	86M USD	98	78
4	Apartment Investment and Management CompanyAIV · US-listed	255M USD	96	71
4	IHS Holding LimitedIHS · US-listed	2.9B USD	96	67
⋯
126	Healthpeak Properties, Inc.DOC · US-listed	13.9B USD	32	43
126	Safehold Inc.SAFE · US-listed	795M USD	32	48
129	Extra Space Storage Inc.EXR · US-listed	34.5B USD	31	51
129	National Healthcare Properties, Inc.NHP · US-listed	1.1B USD	31	32
129	Public StoragePSA · US-listed	62.3B USD	31	49
129	RLJ Lodging TrustRLJ-PA · US-listed	Unavailable	31	33
133	NETSTREIT Corp.NTST · US-listed	1.8B USD	30	60
134	Americold Realty Trust, Inc.COLD · US-listed	4.2B USD	29	18
134	Sun Communities, Inc.SUI · US-listed	14.6B USD	29	28

Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score

Bringing the fundamentals into focus…