GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Madison Pacific Properties Inc (TSX:MPC) » Definitions » PB Ratio

Madison Pacific Properties (TSX:MPC) PB Ratio : 0.86 (As of May. 01, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Madison Pacific Properties PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-01), Madison Pacific Properties's share price is C$6.04. Madison Pacific Properties's Book Value per Share for the quarter that ended in Feb. 2024 was C$7.00. Hence, Madison Pacific Properties's PB Ratio of today is 0.86.

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

TSX:MPC' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.77   Max: 1.13
Current: 0.83

During the past 13 years, Madison Pacific Properties's highest PB Ratio was 1.13. The lowest was 0.52. And the median was 0.77.

TSX:MPC's PB Ratio is ranked worse than
51.25% of 1754 companies
in the Real Estate industry
Industry Median: 0.805 vs TSX:MPC: 0.83

During the past 12 months, Madison Pacific Properties's average Book Value Per Share Growth Rate was -11.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Madison Pacific Properties was 33.00% per year. The lowest was 0.30% per year. And the median was 7.50% per year.

Back to Basics: PB Ratio


Madison Pacific Properties PB Ratio Historical Data

The historical data trend for Madison Pacific Properties's PB 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 PB Ratio Chart

Madison Pacific Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.56 0.92 0.89 0.80

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
PB 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 0.90 0.73 0.80 0.86 0.83

Competitive Comparison of Madison Pacific Properties's PB Ratio

For the Real Estate Services subindustry, Madison Pacific Properties's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution in the Real Estate Industry

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

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



Madison Pacific Properties PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Madison Pacific Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2024)
=6.04/7.003
=0.86

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Madison Pacific Properties  (TSX:MPC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Madison Pacific Properties PB Ratio Related Terms

Thank you for viewing the detailed overview of Madison Pacific Properties's PB 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