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. As of July 20, 2022, PS Business Parks, Inc. operates as a subsidiary of Blackstone Real Estate Advisors.
Metrics to compare | PSBXP | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipPSBXPPeersSector | |
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P/E Ratio | 0.0x | 6.7x | 9.0x | |
PEG Ratio | 0.00 | 0.00 | 0.01 | |
Price/Book | 0.0x | 1.3x | 0.9x | |
Price / LTM Sales | 0.0x | 2.6x | 3.9x | |
Upside (Analyst Target) | 0.0% | 15.4% | 12.7% | |
Fair Value Upside | Unlock | −8.1% | 0.8% | Unlock |