P/FCF Ratio for Public Storage (PSA) 2002-2026

Public Storage (PSA) P/FCF ratio is 18.2× as of August 7, 2026. The 5-year average is 19.8×. The sector median currently stands at 16.5×. The current ratio is at the 32th percentile of its own 10-year history.

Public Storage (PSA) historical P/FCF ratio has ranged from a low of 8.7× (2003) to a high of 35.2× (2006) in the available daily series.

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.