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Australian (ASX) Retail REITs Industry Analysis

UpdatedJan 22, 2026
DataAggregated Company Financials
Companies9
  • 7D-1.4%
  • 3M-2.8%
  • 1Y15.0%
  • YTDn/a

The Retail REITs industry has been flat over the last week, but Vicinity Centres has lost 3.5%. The past year has been better, since the industry has gained 17% in that time. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

Has the Australian Retail REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 Jan 2026AU$46.3bAU$5.6bAU$3.6b11.5x12.9x8.2x
Sat, 20 Dec 2025AU$47.1bAU$5.6bAU$3.6b11.7x13.1x8.4x
Mon, 17 Nov 2025AU$45.9bAU$5.6bAU$3.6b11.2x12.7x8.1x
Wed, 15 Oct 2025AU$46.0bAU$5.6bAU$3.6b11.5x12.8x8.1x
Fri, 12 Sep 2025AU$46.8bAU$5.6bAU$3.6b11.5x13x8.3x
Sun, 10 Aug 2025AU$44.1bAU$5.5bAU$2.8b14x15.7x8x
Tue, 08 Jul 2025AU$43.9bAU$5.5bAU$2.8b13.7x15.5x8x
Thu, 05 Jun 2025AU$43.4bAU$5.5bAU$2.8b13.7x15.3x7.9x
Sat, 03 May 2025AU$42.4bAU$5.5bAU$2.8b13.2x15x7.7x
Mon, 31 Mar 2025AU$39.9bAU$5.5bAU$2.8b12.4x14.1x7.3x
Wed, 26 Feb 2025AU$40.7bAU$5.5bAU$2.0b15.2x19.9x7.5x
Fri, 24 Jan 2025AU$39.9bAU$5.4bAU$1.3b43.6x31.5x7.4x
Sun, 22 Dec 2024AU$38.7bAU$5.4bAU$1.3b41.4x30.6x7.2x
Tue, 19 Nov 2024AU$40.2bAU$5.4bAU$1.3b42.6x31.7x7.5x
Thu, 17 Oct 2024AU$41.5bAU$5.4bAU$1.3b43.7x32.8x7.7x
Sat, 14 Sep 2024AU$45.4bAU$5.5bAU$1.3b45.1x34.1x8.3x
Mon, 12 Aug 2024AU$42.4bAU$5.2bAU$245.6m53.4x172.6x8.1x
Wed, 10 Jul 2024AU$39.1bAU$5.2bAU$245.6m49.5x159.4x7.5x
Fri, 07 Jun 2024AU$40.1bAU$5.2bAU$245.6m49.5x163.5x7.7x
Sun, 05 May 2024AU$39.3bAU$5.3bAU$215.0m41x182.8x7.4x
Tue, 02 Apr 2024AU$42.6bAU$5.3bAU$215.0m45.4x197.9x8.1x
Thu, 29 Feb 2024AU$39.2bAU$5.3bAU$215.0m43.9x182.2x7.4x
Sat, 27 Jan 2024AU$37.8bAU$5.3bAU$299.5m35.7x126.1x7.1x
Mon, 25 Dec 2023AU$38.6bAU$5.3bAU$299.5m36x128.9x7.3x
Wed, 22 Nov 2023AU$35.1bAU$5.3bAU$299.5m30.7x117.3x6.6x
Fri, 20 Oct 2023AU$34.0bAU$5.3bAU$299.5m29.4x113.4x6.4x
Sun, 17 Sep 2023AU$35.6bAU$5.3bAU$299.5m32.8x118.9x6.7x
Tue, 15 Aug 2023AU$36.3bAU$5.4bAU$2.0b12.6x18.1x6.8x
Thu, 13 Jul 2023AU$36.0bAU$5.4bAU$2.3b11.3x15.7x6.7x
Sat, 10 Jun 2023AU$36.0bAU$5.4bAU$2.3b11.5x15.7x6.7x
Mon, 08 May 2023AU$38.6bAU$5.4bAU$2.3b12.7x16.9x7.2x
Wed, 05 Apr 2023AU$37.5bAU$5.4bAU$2.3b12.4x16.4x7x
Fri, 03 Mar 2023AU$38.8bAU$5.4bAU$2.3b12.6x16.9x7.2x
Sun, 29 Jan 2023AU$40.6bAU$5.3bAU$4.8b7.1x8.5x7.7x
Price to Earnings Ratio

8.5x


Total Market Cap: AU$40.6bTotal Earnings: AU$4.8bTotal Revenue: AU$5.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Retail REITs Industry Price to Earnings3Y Average 64.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Australian Retail REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.1x which is lower than its 3-year average PE of 64.9x.
  • The 3-year average PS ratio of 7.5x is lower than the industry's current PS ratio of 8.3x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 9.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Australian Retail REITs compare with similar industries?

AU Market-0.43%
Real Estate-1.33%
REITS-1.35%
Retail REITs-1.38%
Hotel and Resort REITs0%0
Residential REITs-0.028%
Specialized REITs-1.23%
Diversified REITs-1.35%
Office REITs-1.37%
Industrial REITs-2.14%
Healthcare REITs-2.58%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CQR Charter Hall Retail REITAU$4.061.5%
+AU$34.9m		27.3%PB0.9x
RGN Region GroupAU$2.380.8%
+AU$23.1m		9.7%PB1x
CDP Carindale Property TrustAU$5.500.9%
+AU$4.1m		18.8%PB0.8x

Latest News

HDN
AU$1.34
HomeCo Daily Needs REIT
7D
-1.8%
1Y
14.5%
VCX
AU$2.51
Vicinity Centres
7D
-3.5%
1Y
17.3%
SCG
AU$4.14
Scentre Group
7D
-1.0%
1Y
14.4%

SCG: Stable Fair Value And Adjusted Assumptions Will Support Steady Future Performance

Analysts have made a small upward adjustment to their Scentre Group price target, now pegged at about A$4.31. This reflects refreshed assumptions around discount rates, revenue trends, profit margins and future P/E levels.
RGN
AU$2.38
Region Group
7D
0.8%
1Y
9.7%
CDP
AU$5.50
Carindale Property Trust
7D
0.9%
1Y
18.8%
BWP
AU$3.86
BWP Trust
7D
-0.3%
1Y
16.3%
DXC
AU$2.81
Dexus Convenience Retail REIT
7D
-2.6%
1Y
-1.9%
WPR
AU$2.49
Waypoint REIT
7D
-1.2%
1Y
3.8%
CQR
AU$4.06
Charter Hall Retail REIT
7D
1.5%
1Y
27.3%