Company / Tangible Book Value per Share
Public Storage Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$51.56
FY2025
5-year range
$51.56 / $56.57
FY2021-FY2025
Trend
-4.8%
vs FY2024
Sector context
#17 of 138
Real Estate
What the data says
Public Storage's tangible book value per share of $51.56 is higher than 88% of companies in the Real Estate sector (FY2025). Tangible Book Value per Share has declined for 3 consecutive years, from $56.57 in FY2022 to $51.56 in FY2025.
Based on SEC 10-K filings.
51.56 in FY2025 with a 5-year CAGR of +1.4%. Top quartile in the Real Estate sector.
Declined from $56.19 to $51.56 over the past 2 years.
Real Estate sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- -3.0%
- 5-Year CAGR
- +1.4%
- 10-Year CAGR
- -
Sector benchmark
-83.2% below sector average
Key checks
Key Insights
- Public Storage's tangible book value per share has declined for 3 consecutive years.
- In FY2025, tangible book value per share decreased 4.8% year-over-year.
- Ranks #17 out of 138 companies in the Real Estate sector.
- Peak tangible book value per share was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.54 (distress zone, below 1.8 threshold)
- Strong profit margin: 39.5%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 20.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $51.56 | -4.8% |
| FY2024 | $54.16 | -3.6% |
| FY2023 | $56.19 | -0.7% |
| FY2022 | $56.57 | +7.7% |
| FY2021 | $52.52 | +9.1% |
| FY2020 | $48.12 | -5.7% |
| FY2019 | $51.04 | -0.8% |
| FY2018 | $51.45 | +1.7% |
| FY2017 | $50.58 | -5.3% |
| FY2016 | $53.42 | +2.4% |
As of FY2025 · SEC 10-K · Updated Mar 14, 2026