Public Storage forward PE PSA

Share price divided by analysts' consensus earnings for the next twelve months, since 2003.

Today, Oct 23, 2026: 31.8×
10-year median: 28.7×
Against its 10-year history: 81st; percentile: 0 is its lowest day, 100 its highest
10-year range: 22.5× to 39.8×
Peer median: 35.4×

Public Storage's forward PE is 31.8× as of Oct 23, 2026.

That is above its ten-year median of 28.7×, higher than on 81% of days in the last ten years.

Over that time it ranged from 22.5× in Oct 2023 to 39.8× in Apr 2022.

The median for 10 real estate stocks of a similar size is 35.4×.

Forward PE over time

median 28.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	31.8×	26.1×	33.7×
2025	26.4×	26.2×	31.5×
2024	29.7×	25.2×	35.7×
2023	29.3×	22.5×	29.3×
2022	25.3×	25.1×	39.8×
2021	38.2×	25.4×	38.2×
2020	26.3×	23.8×	32.9×
2019	30.0×	26.2×	36.5×
2018	26.9×	25.9×	31.9×
2017	28.9×	26.0×	30.1×
2016	29.4×	26.9×	40.5×
2015	36.8×	30.8×	39.5×
2014	36.4×	29.8×	36.4×
2013	30.0×	29.7×	37.6×
2012	34.0×	31.6×	36.6×
2011	33.1×	26.7×	36.0×
2010	32.7×	27.3×	36.1×
2009	29.1×	23.6×	37.6×
2008	37.2×	25.9×	50.9×
2007	27.1×	27.0×	162×

Against its peers

Companies in Real Estate nearest Public Storage's size, closest first, today.

Company	Forward PE
PSAPublic Storage	31.8×
ORealty Income	35.4×
VMRKVivmark Residential	n/m
DLRDigital Realty Trust	75.9×
VTRVentas	120×
SPGSimon Property	30.5×
CCICrown Castle	32.2×
CBRECBRE	15.4×
AMTAmerican Tower	27.9×
IRMIron Mountain	43.1×
EQIXEquinix	55.2×
Peer median	35.4×

Where Public Storage ranks

#6of 14Real estate stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Public Storage

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.