Company overview
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, 2025, we: (i) owned and/or operated 3,432 self-storage facilities located in 40 states with approximately 250 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 321 self-storage facilities located in seven Western European nations with approximately 18 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
Daily valuation snapshot
These values come from the daily market snapshot dated 2026-10-08. TTM means trailing twelve months. Use the market date when comparing PSA with another company.
| Daily close (USD) | $285.52 |
| Market capitalization (USD) | $50,143,346,179.68 |
| Price / earnings (TTM) | 24.53 |
| Price / book | 5.4 |
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Read PSA's valuation metrics
Company size
Public Storage's recorded market capitalization is $50,143,346,179.68. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
PSA's recorded P/E is 24.53: about $24.53 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.
Price relative to book equity
PSA's recorded price-to-book ratio is 5.4. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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