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Madison Pacific Properties (TSX:MPC) Cyclically Adjusted PS Ratio : 9.29 (As of Apr. 30, 2024)


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What is Madison Pacific Properties Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Madison Pacific Properties's current share price is C$6.04. Madison Pacific Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was C$0.65. Madison Pacific Properties's Cyclically Adjusted PS Ratio for today is 9.29.

The historical rank and industry rank for Madison Pacific Properties's Cyclically Adjusted PS Ratio or its related term are showing as below:

TSX:MPC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.58   Med: 7.6   Max: 13.64
Current: 8.93

During the past years, Madison Pacific Properties's highest Cyclically Adjusted PS Ratio was 13.64. The lowest was 5.58. And the median was 7.60.

TSX:MPC's Cyclically Adjusted PS Ratio is ranked worse than
88.33% of 1362 companies
in the Real Estate industry
Industry Median: 1.715 vs TSX:MPC: 8.93

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Madison Pacific Properties's adjusted revenue per share data for the three months ended in Feb. 2024 was C$0.187. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$0.65 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Pacific Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Madison Pacific Properties's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Madison Pacific Properties Cyclically Adjusted PS Ratio Chart

Madison Pacific Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.20 6.85 11.15 11.16 9.70

Madison Pacific Properties Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.45 9.09 9.70 9.03 8.95

Competitive Comparison of Madison Pacific Properties's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Madison Pacific Properties's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Madison Pacific Properties's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Madison Pacific Properties's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Madison Pacific Properties's Cyclically Adjusted PS Ratio falls into.



Madison Pacific Properties Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Madison Pacific Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.04/0.65
=9.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Madison Pacific Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Madison Pacific Properties's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.187/125.4675*125.4675
=0.187

Current CPI (Feb. 2024) = 125.4675.

Madison Pacific Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.131 99.394 0.165
201408 0.131 99.315 0.165
201411 0.129 99.078 0.163
201502 0.129 99.078 0.163
201505 0.131 100.263 0.164
201508 0.129 100.579 0.161
201511 0.129 100.421 0.161
201602 0.132 100.421 0.165
201605 0.128 101.765 0.158
201608 0.127 101.686 0.157
201611 0.127 101.607 0.157
201702 0.132 102.476 0.162
201705 0.128 103.108 0.156
201708 0.131 103.108 0.159
201711 0.134 103.740 0.162
201802 0.139 104.688 0.167
201805 0.129 105.399 0.154
201808 0.131 106.031 0.155
201811 0.128 105.478 0.152
201902 0.134 106.268 0.158
201905 0.132 107.927 0.153
201908 0.137 108.085 0.159
201911 0.133 107.769 0.155
202002 0.139 108.559 0.161
202005 0.126 107.532 0.147
202008 0.131 108.243 0.152
202011 0.130 108.796 0.150
202102 0.138 109.745 0.158
202105 0.140 111.404 0.158
202108 0.152 112.668 0.169
202111 0.152 113.932 0.167
202202 0.161 115.986 0.174
202205 0.159 120.016 0.166
202208 0.158 120.569 0.164
202211 0.162 121.675 0.167
202302 0.176 122.070 0.181
202305 0.177 124.045 0.179
202308 0.166 125.389 0.166
202311 0.175 125.468 0.175
202402 0.187 125.468 0.187

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Madison Pacific Properties  (TSX:MPC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Madison Pacific Properties Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Madison Pacific Properties's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Madison Pacific Properties (TSX:MPC) Business Description

Traded in Other Exchanges
Address
389 West 6th Avenue, Vancouver, BC, CAN, V5Y 1L1
Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates office, industrial, and commercial real estate properties located in Western Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment that being the Rental of Office, Industrial, Commercial, and multi-family real estate properties located in Canada. The company derives its revenue from rental operations and property management.

Madison Pacific Properties (TSX:MPC) Headlines