Public Storage (PSA) Fair Value 2026

PSA · REIT - Industrial ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.2 /10

32 fundamental signals · 6 models active

Value Trap Risk

LOW (33/100)

Quick Summary — As of 2026-08-27, Public Storage (PSA) trades at $311.20, versus a $192.46 median fair value across its 6 active models — 38.2% below the current price. QOC: 8.2/10. Value Trap Risk: 33/100 (LOW). 6/13 models active.

Key Facts

Ticker
PSA
Price
$311.20
Quality Score
8.2/10
Value Trap Risk
33/100
Models Active
6/13
Last Updated
Strength: Quality Score of 8.2/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Public Storage (PSA) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, Public Storage (PSA) appears overvalued as of : the median of 6 independent fair value estimates is $192.46, 38.2% below the current price of $311.20. Estimates range from $93.96 to $256.88. PSA scores 8.2/10 on fundamental quality and 33/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. PSA’s -38.2% gap is wider than that market norm. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Public Storage Stock in 2026? →

What Fair Value Does Each Model Give PSA?

6 Intrinsic Value Models vs. Current Price ($311.20)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $93.96 -69.8%
Ensemble · Medium Conviction
 $182.87 -41.2%
Intrinsic · High Conviction
 $184.92 -40.6%
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What Is PSA's Fair Value Range?

Spread across 6 independent models · $93.96 to $256.88

CirclFi's 6 active models place Public Storage (PSA) between $93.96 and $256.88 per share, a spread of 85% of the median. The median of that range — $192.46 — is the fair value CirclFi publishes for PSA, against a current price of $311.20.

Low · EPVHigh · FTNN
$93.96median $192.46$256.88
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$93.96
Most bullish modelFTNN Topology$256.88
Model agreement0 bullish · 6 bearishmoderate

A band of this width is typical. The methods agree on direction but weight growth, reinvestment and risk differently, so treat the median as a centre of gravity rather than a precise target.

Every figure above is one model's standalone output on PSA, not a CirclFi price target. How each model works →

What Is Public Storage (PSA) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Public Storage's intrinsic value is estimated at $192.46. Trading at its current price of $311.20, the valuation engine raises significant caution: 6 of 6 models flag downside risk, projecting a median implied return of -38.2%. The most optimistic model, FTNN, places fair value at $256.88 (-17.5%), while EPV — the most conservative — estimates $93.96 (-69.8%). This +52.4% gap reflects genuine analytical uncertainty about Public Storage's intrinsic worth. Among models with highest confidence, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About PSA?

6 of 13 models are currently active for PSA. All 6 active models suggest the stock trades above fair value. Taken together, their median fair value for PSA is $192.46 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does PSA Rank in REIT - Industrial?

Among 14 REIT - Industrial stocks, PSA ranks #5 by Quality of Company score. CirclFi's QOC score of 8.2/10 evaluates 32 fundamental signals. A score of 8.2 places PSA in the top tier.

Public Storage's positioning within the REIT - Industrial segment means that occupancy rate plays an outsized role in fundamental analysis. The sector's unique characteristics — including rental rate escalation — shape both the opportunity set and risk profile.

Is PSA a Value Trap?

CirclFi's Value Trap algorithm assigns PSA a score of 33/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for Public Storage. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Public Storage scores 8.2 out of 10 on our 32-signal quality assessment, a strong rating that demonstrates strong fundamentals across the majority of our quality signals. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +52.4% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every PSA valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across PSA's 6 active models, average confidence is 43%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Public Storage Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar REIT - Industrial Stocks Should You Also Analyze?

8 related REIT - Industrial stocks with 13-model coverage

PLDPrologis, Inc.QOC 8.2REXRRexford Industrial Realty, Inc.QOC 8.0TRNOTerreno Realty CorporationQOC 8.6IIPRInnovative Industrial Properties, Inc.QOC 7.8CUBECubeSmartQOC 8.6FRFirst Industrial Realty Trust, Inc.QOC 7.8COLDAmericold Realty Trust, Inc.QOC 6.2EGPEastGroup Properties, Inc.QOC 8.6

Read investment analysis: PLD · REXR · TRNO · IIPR · CUBE · FR · COLD · EGP

Which Other Stocks Have a Similar Quality Score to PSA?

7 companies across all industries closest to PSA’s Quality of Company score of 8.2/10.

WSBCWesBanco, Inc.QOC 8.2ARDTArdent Health, Inc.QOC 8.2AONAon plcQOC 8.2PRKPark National CorporationQOC 8.2SONYSony Group CorporationQOC 8.2EPREPR PropertiesQOC 8.2NVDANVIDIA CorporationQOC 10.0

Read investment analysis: WSBC · ARDT · AON · PRK · SONY · EPR · NVDA

What Else Do Investors Ask About Public Storage’s Valuation?

What is Public Storage's intrinsic value in 2026?

CirclFi puts Public Storage (PSA)'s intrinsic value at $192.46 — the median of 6 independent model estimates as of 2026-08-27, ranging from $93.96 to $256.88. The Quality of Company score is 8.2/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is PSA overvalued or undervalued right now?

At $311.20, 0 of 6 active models suggest PSA may be undervalued, while 6 indicate potential overvaluation. The median of all 6 fair value estimates is $192.46, 38.2% below the current price of $311.20 — a consensus view that PSA is overvalued. The assessment depends on which methodology best fits Public Storage's business model in REIT - Industrial.

What does a Quality of Company score of 8.2 mean for PSA?

Public Storage's QOC of 8.2/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on PSA?

CirclFi analyzes PSA with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 6 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on PSA?

Of the 6 models currently active on PSA, FTNN Topology is the most bullish at $256.88 per share, and Earnings Power Value (EPV) is the most bearish at $93.96. CirclFi's published fair value for PSA is the median of that range, $192.46, not either extreme. The gap between the two ends equals 85% of the median — a normal spread for a company of this profile. Browse stocks by value-trap risk →

Is PSA a value trap in 2026?

Public Storage's Value Trap score is 33/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, Public Storage (PSA) has a median fair value of $192.46 — 38.2% below the current price of $311.20 — as of 2026-08-27.” Source: circlfi.com/stock/PSA/ · Methodology
Primary sources for this PSA valuation
  • Financial statements: Public Storage 10-K and 10-Q filings on SEC EDGAR (CIK 0001393311) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for PSA as of ; valuations recomputed .

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