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.
P/B ratio for Public Storage (PSA)
P/B ratio as of 2023: 5.34
According to Public Storage's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.34. At the end of 2022 the company had a P/B ratio of 4.87.
P/B ratio history for Public Storage from 1983 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 5.34 |
| 2022 | 4.87 |
| 2021 | 7.02 |
| 2020 | 4.71 |
| 2019 | 4.10 |
| 2018 | 3.86 |
| 2017 | 4.06 |
| 2016 | 4.11 |
| 2015 | 4.66 |
| 2014 | 3.36 |
| 2013 | 2.94 |
| 2012 | 3.05 |
| 2011 | 2.75 |
| 2010 | 1.97 |
| 2009 | 1.54 |
| 2008 | 1.53 |
| 2007 | 1.42 |
| 2006 | 1.70 |
| 2005 | 1.80 |
| 2004 | 1.61 |
| 2003 | 1.29 |
| 2002 | 0.96 |
| 2001 | 1.04 |
| 2000 | 0.85 |
| 1999 | 0.78 |
| 1998 | 0.99 |
| 1997 | 1.01 |
| 1996 | 1.04 |
| 1995 | 0.50 |
| 1994 | 0.59 |
| 1993 | 0.68 |
| 1992 | 0.59 |
| 1991 | 0.65 |
| 1990 | 0.44 |
| 1989 | 0.77 |
| 1988 | 0.76 |
| 1987 | 0.69 |
| 1986 | 0.91 |
| 1985 | 0.35 |
| 1984 | 1.41 |
| 1983 | 1.18 |