Madison Pacific Properties (TSX:MPC) Shiller PE Ratio: 6.83 (As of Aug. 31, 2026) — 10% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:MPC Madison Pacific Properties Inc TSX:MPC
63 GF Score
Price C$4.71
GF Value C$5.83
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Madison Pacific Properties Shiller PE Ratio?

Madison Pacific Properties TSX:MPC 63 Shiller PE Ratio is 6.83 as of Aug. 31, 2026, which is 10% below its 10-year median of 7.56. GuruFocus rates TSX:MPC with a GF Score™ of 63/100 and a GF Value™ of C$5.83 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,033 Real Estate companies, Madison Pacific Properties ranks better than 74.25% on this metric.

As of today (2026-08-31), Madison Pacific Properties's current share price is C$4.71. Madison Pacific Properties's E10 for the quarter that ended in Jun. 2026 was C$0.69. Madison Pacific Properties's Shiller PE Ratio for today is 6.83.

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

TSX:MPC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.44   Med: 7.56   Max: 11.61
Current: 6.85

During the past years, Madison Pacific Properties's highest Shiller PE Ratio was 11.61. The lowest was 5.44. And the median was 7.56.

TSX:MPC's Shiller PE Ratio is ranked better than
74.25% of 1033 companies
in the Real Estate industry
Industry Median: 11.7 vs TSX:MPC: 6.85

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Madison Pacific Properties's adjusted earnings per share data for the three months ended in Jun. 2026 was C$0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.69 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Pacific Properties  (TSX:MPC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Madison Pacific Properties Shiller PE Ratio Related Terms


Madison Pacific Properties Shiller PE Ratio Historical Data

* Premium members only.

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

Madison Pacific Properties Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.33 9.13 8.09 7.40 7.90

Madison Pacific Properties Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 7.87 7.89 7.90 7.12 6.91

TSX:MPC vs CBRE, BEKE, JLL: Shiller PE Ratio Comparison

For the Real Estate Services subindustry, Madison Pacific Properties's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Real Estate Industry

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

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


TSX:MPC
63GF Score
Madison Pacific Properties Inc TSX:MPC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madison Pacific Properties Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Madison Pacific Properties's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4.71/0.69
=6.83

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Madison Pacific Properties's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.08/133.5265*133.5265
=0.080

Current CPI (Jun. 2026) = 133.5265.

Madison Pacific Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201605 0.260 101.765 0.341
201608 0.430 101.686 0.565
201611 0.190 101.607 0.250
201702 0.240 102.476 0.313
201705 0.210 103.108 0.272
201708 0.270 103.108 0.350
201711 0.170 103.740 0.219
201802 0.260 104.688 0.332
201805 0.120 105.399 0.152
201808 0.180 106.031 0.227
201811 0.080 105.478 0.101
201902 0.200 106.268 0.251
201905 0.120 107.927 0.148
201908 0.190 108.085 0.235
201911 0.130 107.769 0.161
202002 0.120 108.559 0.148
202005 0.180 107.532 0.224
202008 0.080 108.243 0.099
202011 0.060 108.796 0.074
202102 0.280 109.745 0.341
202105 0.240 111.404 0.288
202108 0.280 112.668 0.332
202111 0.150 113.932 0.176
202202 0.180 115.986 0.207
202205 0.270 120.016 0.300
202208 0.470 120.569 0.521
202211 0.110 121.675 0.121
202302 0.270 122.070 0.295
202305 0.050 124.045 0.054
202308 -0.120 125.389 -0.128
202311 -0.970 125.468 -1.032
202402 0.240 125.468 0.255
202405 -0.020 127.601 -0.021
202408 -0.001 127.838 -0.001
202503 0.100 129.181 0.103
202506 0.200 129.892 0.206
202509 -0.030 130.287 -0.031
202512 0.168 130.366 0.172
202603 0.180 132.262 0.182
202606 0.080 133.527 0.080

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 6.83 mean?
Madison Pacific Properties (TSX:MPC) has a Shiller PE Ratio of 6.83 as of Aug. 31, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Madison Pacific Properties and its competitors. This is 10% below median its historical median of 7.56. Over the past decade, Madison Pacific Properties' Shiller PE Ratio has ranged from 5.44 to 11.61. According to the industry distribution chart, Madison Pacific Properties ranks #266 out of 1033 companies in the Real Estate industry, placing it in the top 25.8%.
Is Madison Pacific Properties' Shiller PE Ratio too high?
Madison Pacific Properties' current Shiller PE Ratio of 6.83 is 10% below median its 10-year median of 7.56. Over the past 10 years, this metric has ranged from a low of 5.44 to a high of 11.61. The Real Estate industry median Shiller PE Ratio is 11.70. Madison Pacific Properties' value of 6.83 is 41.6% below this industry median. Based on the distribution chart, Madison Pacific Properties ranks #266 out of 1033 companies in the Real Estate industry, which is above the industry midpoint. Overall, Madison Pacific Properties has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madison Pacific Properties' Shiller PE Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Madison Pacific Properties ranks #266 out of 1033 companies for Shiller PE Ratio. This puts Madison Pacific Properties in the upper half of its industry. The industry median Shiller PE Ratio is 11.70. Madison Pacific Properties' value of 6.83 is 41.6% below this benchmark. Historically, Madison Pacific Properties' own Shiller PE Ratio has ranged from 5.44 to 11.61 over the past decade. While the company's 10-year median is 7.56 vs. the industry median of 11.70, 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 Shiller PE Ratio for a Real Estate company?
The median Shiller PE Ratio among Real Estate companies is 11.70, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Pacific Properties's current Shiller PE Ratio of 6.83 is 41.6% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Madison Pacific Properties and its competitors. For the Real Estate industry, the median Shiller PE Ratio is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Pacific Properties's current Shiller PE Ratio is 6.83, which is 10% below median its own 10-year median of 7.56. 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$5.83, compared to a current price of C$4.71 — trading 19.2% below its estimated fair value. The current Shiller PE Ratio is 6.83, which is 10% below median its 10-year median of 7.56 and 41.6% below the Real Estate industry median of 11.70. Madison Pacific Properties' overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Madison Pacific Properties (TSX:MPC), the current Shiller PE Ratio is 6.83 as of Aug. 31, 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$4.71 is trading 19.2% below its estimated GF Value™ of C$5.83. GuruFocus considers Madison Pacific Properties to be Modestly Undervalued.

Key valuation signals for TSX:MPC:

  • Shiller PE Ratio: 6.83 (10% below median its 10-year median of 7.56)
  • GF Value™: C$5.83 vs. price of C$4.71 (19.2% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 41.6% below the Real Estate median (#266 of 1033)

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.
63GF Score

Get the complete analysis for TSX:MPC

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

C$4.71
Price
C$5.83
GF Value