Madison Pacific Properties (TSX:MPC) PB Ratio: 0.69 (As of Jun. 25, 2026) — Near Median


TSX:MPC Madison Pacific Properties Inc TSX:MPC
68 GF Score
Price C$4.90
GF Value C$5.82
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Madison Pacific Properties PB Ratio?

Madison Pacific Properties TSX:MPC 68 PB Ratio is 0.69 as of Jun. 25, 2026, which is 8% below its 10-year median of 0.75. GuruFocus rates TSX:MPC with a GF Score™ of 68/100 and a GF Value™ of C$5.82 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,711 Real Estate companies, Madison Pacific Properties ranks better than 57.04% on this metric.

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 (2026-06-25), Madison Pacific Properties's share price is C$4.90. Madison Pacific Properties's Book Value per Share for the quarter that ended in Mar. 2026 was C$7.14. Hence, Madison Pacific Properties's PB Ratio of today is 0.69.

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: 0.75   Max: 1.13
Current: 0.69

During the past 13 years, Madison Pacific Properties's highest PB Ratio was 1.13. The lowest was 0.52. And the median was 0.75.

TSX:MPC's PB Ratio is ranked better than
57.04% of 1711 companies
in the Real Estate industry
Industry Median: 0.82 vs TSX:MPC: 0.69

During the past 12 months, Madison Pacific Properties's average Book Value Per Share Growth Rate was 1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% 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 -2.60% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio


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


Madison Pacific Properties PB Ratio Historical Data

* Premium members only.

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.

Madison Pacific Properties PB Ratio Chart

Madison Pacific Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.89 0.80 0.72 0.76

Madison Pacific Properties Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.75 0.80 0.79 0.76 0.69

TSX:MPC vs CBRE, BEKE: PB Ratio Comparison

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 PB Ratio vs 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.


TSX:MPC
68GF Score
Madison Pacific Properties Inc TSX:MPC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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: Mar. 2026)
=4.90/7.135
=0.69

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.69 mean?
Madison Pacific Properties (TSX:MPC) has a PB Ratio of 0.69 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Madison Pacific Properties and its competitors. This is near median its historical median of 0.75. Over the past decade, Madison Pacific Properties' PB Ratio has ranged from 0.52 to 1.13. According to the industry distribution chart, Madison Pacific Properties ranks #735 out of 1711 companies in the Real Estate industry, placing it in the top 43%.
Is Madison Pacific Properties' PB Ratio too high?
Madison Pacific Properties' current PB Ratio of 0.69 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.13. The Real Estate industry median PB Ratio is 0.82. Madison Pacific Properties' value of 0.69 is 15.9% below this industry median. Based on the distribution chart, Madison Pacific Properties ranks #735 out of 1711 companies in the Real Estate industry, which is above the industry midpoint. Overall, Madison Pacific Properties has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madison Pacific Properties' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Madison Pacific Properties ranks #735 out of 1711 companies for PB Ratio. This puts Madison Pacific Properties in the upper half of its industry. The industry median PB Ratio is 0.82. Madison Pacific Properties' value of 0.69 is 15.9% below this benchmark. Historically, Madison Pacific Properties' own PB Ratio has ranged from 0.52 to 1.13 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.82, Madison Pacific Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,711 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Pacific Properties's current PB Ratio of 0.69 is 15.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Madison Pacific Properties and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Pacific Properties's current PB Ratio is 0.69, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Pacific Properties stock overvalued right now?
Based on GuruFocus' analysis, Madison Pacific Properties (TSX:MPC) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.82, compared to a current price of C$4.90 — trading 15.8% below its estimated fair value. The current PB Ratio is 0.69, which is near median its 10-year median of 0.75 and 15.9% below the Real Estate industry median of 0.82. Madison Pacific Properties' overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Madison Pacific Properties (TSX:MPC), the current PB Ratio is 0.69 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Madison Pacific Properties (TSX:MPC) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Pacific Properties stock appears to be undervalued. The current stock price of C$4.90 is trading 15.8% below its estimated GF Value™ of C$5.82. GuruFocus considers Madison Pacific Properties to be Modestly Undervalued.

Key valuation signals for TSX:MPC:

  • PB Ratio: 0.69 (near median its 10-year median of 0.75)
  • GF Value™: C$5.82 vs. price of C$4.90 (15.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 15.9% below the Real Estate median (#735 of 1711)

No single metric tells the full story. See the TSX:MPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madison Pacific Properties Business Description

Other Exchanges MPC.C:Canada
Address 389 West 6th Avenue, Vancouver, BC, CAN, V5Y 1L1
Madison Pacific Properties Inc is a real estate company. It owns, develops, and operates industrial, commercial, multifamily, retail, and office rental properties located in Canada. It also has investments in joint ventures that construct residential properties. The company has one reportable segment, that being the rental of industrial, commercial, multi-family, retail, and office real estate properties located in Canada. The company derives its revenue from rental operations and property management.
68GF Score

Get the complete analysis for TSX:MPC

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.90
Price
C$5.82
GF Value