| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
PSB Stock Overview
PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space.
PS Business Parks, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$187.44 |
| 52 Week High | US$189.83 |
| 52 Week Low | US$149.58 |
| Beta | 0.44 |
| 1 Month Change | 0.82% |
| 3 Month Change | 9.78% |
| 1 Year Change | 21.15% |
| 3 Year Change | 6.23% |
| 5 Year Change | 43.30% |
| Change since IPO | 687.15% |
Recent News & Updates
Shareholder Returns
| PSB | US REITs | US Market | |
|---|---|---|---|
| 7D | 0.2% | -4.1% | -2.5% |
| 1Y | 21.1% | -20.4% | -23.2% |
Return vs Industry: PSB exceeded the US REITs industry which returned -12.3% over the past year.
Return vs Market: PSB exceeded the US Market which returned -17.2% over the past year.
Price Volatility
| PSB volatility | |
|---|---|
| PSB Average Weekly Movement | 3.5% |
| REITs Industry Average Movement | 4.2% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: PSB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PSB's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1990 | 156 | Steve Wilson | https://www.psbusinessparks.com |
PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of September 30, 2020, the Company wholly owned 27.5 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in a development of a 411-unit multifamily apartment complex.
PS Business Parks, Inc. Fundamentals Summary
| PSB fundamental statistics | |
|---|---|
| Market Cap | US$6.55b |
| Earnings (TTM) | US$468.68m |
| Revenue (TTM) | US$445.04m |
11.1x
P/E Ratio11.6x
P/S RatioIs PSB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PSB income statement (TTM) | |
|---|---|
| Revenue | US$445.04m |
| Cost of Revenue | US$132.53m |
| Gross Profit | US$312.51m |
| Other Expenses | -US$156.16m |
| Earnings | US$468.68m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 16.96 |
| Gross Margin | 70.22% |
| Net Profit Margin | 105.31% |
| Debt/Equity Ratio | 0.9% |
How did PSB perform over the long term?
See historical performance and comparison