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Madison Pacific Properties (Madison Pacific Properties) Cyclically Adjusted Book per Share : $5.36 (As of Feb. 2024)


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What is Madison Pacific Properties Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Madison Pacific Properties's adjusted book value per share for the three months ended in Feb. 2024 was $5.187. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $5.36 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Madison Pacific Properties's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Madison Pacific Properties was 15.70% per year. The lowest was 5.30% per year. And the median was 13.60% per year.

As of today (2024-05-24), Madison Pacific Properties's current stock price is $4.95. Madison Pacific Properties's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $5.36. Madison Pacific Properties's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Madison Pacific Properties was 1.72. The lowest was 0.78. And the median was 1.22.


Madison Pacific Properties Cyclically Adjusted Book per Share Historical Data

The historical data trend for Madison Pacific Properties's Cyclically Adjusted Book per Share 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 Book per Share Chart

Madison Pacific Properties Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 3.00 3.63 4.33 4.85

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 Book per Share 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 3.74 5.11 4.85 5.25 5.36

Competitive Comparison of Madison Pacific Properties's Cyclically Adjusted Book per Share

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

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

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



Madison Pacific Properties Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

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

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=5.187/125.4675*125.4675
=5.187

Current CPI (Feb. 2024) = 125.4675.

Madison Pacific Properties Quarterly Data

Book Value per Share CPI Adj_Book
201405 2.817 99.394 3.556
201408 2.818 99.315 3.560
201411 2.793 99.078 3.537
201502 2.556 99.078 3.237
201505 0.000 100.263 0.000
201508 2.630 100.579 3.281
201511 2.691 100.421 3.362
201602 2.632 100.421 3.288
201605 3.006 101.765 3.706
201608 3.280 101.686 4.047
201611 3.060 101.607 3.779
201702 3.282 102.476 4.018
201705 3.315 103.108 4.034
201708 3.746 103.108 4.558
201711 3.828 103.740 4.630
201802 4.047 104.688 4.850
201805 4.052 105.399 4.824
201808 4.090 106.031 4.840
201811 4.104 105.478 4.882
201902 4.214 106.268 4.975
201905 4.222 107.927 4.908
201908 4.387 108.085 5.093
201911 4.497 107.769 5.236
202002 4.530 108.559 5.236
202005 4.438 107.532 5.178
202008 4.709 108.243 5.458
202011 4.811 108.796 5.548
202102 5.116 109.745 5.849
202105 5.279 111.404 5.945
202108 5.258 112.668 5.855
202111 5.380 113.932 5.925
202202 5.418 115.986 5.861
202205 5.569 120.016 5.822
202208 5.863 120.569 6.101
202211 5.708 121.675 5.886
202302 5.870 122.070 6.033
202305 5.880 124.045 5.947
202308 5.773 125.389 5.777
202311 4.972 125.468 4.972
202402 5.187 125.468 5.187

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Madison Pacific Properties  (OTCPK:MDPCF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Madison Pacific Properties's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.95/5.36
=0.92

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Madison Pacific Properties was 1.72. The lowest was 0.78. And the median was 1.22.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Madison Pacific Properties Cyclically Adjusted Book per Share Related Terms

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


Madison Pacific Properties (Madison Pacific Properties) 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 (Madison Pacific Properties) Headlines

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