Public Storage (PSA-PH)
Real Estate · NYQ
Price as at 30 Sept 2026, 23:48 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Public Storage trades at $19.91, which is 136% below the $47.08 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 67 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 2.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
PSA-PH dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.05 | 3 |
| 2025 | $1.40 | 4 |
| 2024 | $1.40 | 4 |
| 2023 | $1.40 | 4 |
| 2022 | $1.40 | 4 |
| 2021 | $1.40 | 4 |
| 2020 | $1.40 | 4 |
| 2019 | $1.13 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Public Storage
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 335 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage is headquartered in Frisco, Texas. Public Storage was incorporated in 1972 in Maryland.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
PSA-PH passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
PSA-PH peers
The largest companies in the same industry (REIT - Industrial), then in the same sector.
- EXR Extra Space Storage Inc.
- EGP EastGroup Properties, Inc.
- REXR Rexford Industrial Realty, Inc.
- TRNO Terreno Realty Corporation
- NSA National Storage Affiliates Trust
- COLD Americold Realty Trust, Inc.
- LXP LXP Industrial Trust
- SMA SmartStop Self Storage REIT, Inc.
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Public Storage (PSA-PH) undervalued?
Against our fair value estimate of $47.08, PSA-PH at $19.91 is 136% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
What is PSA-PH's P/E ratio?
PSA-PH trades at 2.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Public Storage (PSA-PH) pay a dividend?
Yes. Public Storage yields 6.54% at the current share price. It has paid $1.40 per share over the trailing twelve months. It has paid a dividend in each of the last 7 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its PSA-PH data?
Fundamentals for PSA-PH come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 23:48 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for PSA-PH, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.