PSANEUTRAL

EV/EBITDA

20.6x

Updated 128h ago

Sector Performance

75th percentile

PSA

20.6x

Sector Median

13.7x

Sector Avg

18.7x

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Deep Analysis

PSA’s current EV/EBITDA of 20.6x means investors are paying 20.6 times the company’s operating earnings (before interest, taxes, depreciation, and amortization) for the entire enterprise value.

This is well above the sector median of 13.6x, placing PSA in the 75th percentile among its peers — meaning it trades at a premium relative to most comparable companies. The metric has remained stable over the last eight quarters, with the most recent value effectively unchanged year over year (N/A) and down just 1.0% from the prior quarter. The combination of a high valuation level and a stable trend suggests that while the stock is not getting more expensive, the premium pricing may limit upside potential and increases downside risk if earnings disappoint. This valuation profile supports the overall NEUTRAL verdict — the elevated multiple is a cautionary factor, but the lack of deterioration keeps the stock from being an outright sell.

Frequently Asked Questions

What does the EV/EBITDA tell investors about PSA?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are PSA's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: LSPD (-24.2x), BRZE (-24.5x), EVGO (-25.7x), NIO (-36.8x), SNAP (-38.8x).

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.