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

Madison Pacific Properties (TSX:MPC) Shiller PE Ratio : 8.88 (As of Apr. 30, 2024)


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

What is Madison Pacific Properties Shiller PE Ratio?

As of today (2024-04-30), Madison Pacific Properties's current share price is C$6.04. Madison Pacific Properties's E10 for the quarter that ended in Feb. 2024 was C$0.68. Madison Pacific Properties's Shiller PE Ratio for today is 8.88.

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: 8.46   Max: 14.15
Current: 8.47

During the past years, Madison Pacific Properties's highest Shiller PE Ratio was 14.15. The lowest was 5.44. And the median was 8.46.

TSX:MPC's Shiller PE Ratio is ranked better than
59.72% of 1085 companies
in the Real Estate industry
Industry Median: 10.94 vs TSX:MPC: 8.47

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 Feb. 2024 was C$0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is C$0.68 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madison Pacific Properties Shiller PE Ratio Historical Data

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.

* Premium members only.

Madison Pacific Properties Shiller PE Ratio Chart

Madison Pacific Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.80 6.08 9.33 9.13 8.09

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
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 9.13 7.33 8.09 8.74 8.49

Competitive Comparison of Madison Pacific Properties's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



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
=6.04/0.68
=8.88

* 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 Feb. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.24/125.4675*125.4675
=0.240

Current CPI (Feb. 2024) = 125.4675.

Madison Pacific Properties Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.070 99.394 0.088
201408 0.060 99.315 0.076
201411 0.080 99.078 0.101
201502 0.080 99.078 0.101
201505 0.130 100.263 0.163
201508 0.180 100.579 0.225
201511 0.110 100.421 0.137
201602 0.110 100.421 0.137
201605 0.260 101.765 0.321
201608 0.430 101.686 0.531
201611 0.190 101.607 0.235
201702 0.240 102.476 0.294
201705 0.210 103.108 0.256
201708 0.270 103.108 0.329
201711 0.170 103.740 0.206
201802 0.260 104.688 0.312
201805 0.120 105.399 0.143
201808 0.180 106.031 0.213
201811 0.080 105.478 0.095
201902 0.200 106.268 0.236
201905 0.120 107.927 0.140
201908 0.190 108.085 0.221
201911 0.130 107.769 0.151
202002 0.120 108.559 0.139
202005 0.180 107.532 0.210
202008 0.080 108.243 0.093
202011 0.060 108.796 0.069
202102 0.280 109.745 0.320
202105 0.240 111.404 0.270
202108 0.280 112.668 0.312
202111 0.150 113.932 0.165
202202 0.180 115.986 0.195
202205 0.270 120.016 0.282
202208 0.470 120.569 0.489
202211 0.110 121.675 0.113
202302 0.270 122.070 0.278
202305 0.050 124.045 0.051
202308 -0.120 125.389 -0.120
202311 -0.970 125.468 -0.970
202402 0.240 125.468 0.240

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.


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

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