Australian (ASX) Retail REITs Industry Analysis

UpdatedMar 12, 2026

DataAggregated Company Financials

Companies9

7D-3.2%
3M-11.2%
1Y7.8%
YTDn/a

Over the last 7 days, the Retail REITs industry has dropped 7.2%, driven by Scentre Group declining 6.3%. In the past year, the industry has gained 6.3%. As for the next few years, earnings are forecast to decline by 7.3% per annum.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 12 Mar 2026	AU$41.5b	AU$5.7b	AU$4.7b	8.1x	8.8x	7.3x
Sat, 07 Feb 2026	AU$44.3b	AU$5.6b	AU$3.6b	11.3x	12.3x	7.9x
Mon, 05 Jan 2026	AU$47.2b	AU$5.6b	AU$3.6b	11.8x	13.1x	8.4x
Wed, 03 Dec 2025	AU$46.4b	AU$5.6b	AU$3.6b	11.7x	12.9x	8.2x
Fri, 31 Oct 2025	AU$46.2b	AU$5.6b	AU$3.6b	11.4x	12.8x	8.2x
Sun, 28 Sep 2025	AU$46.4b	AU$5.6b	AU$3.6b	11.6x	12.9x	8.2x
Tue, 26 Aug 2025	AU$46.0b	AU$5.5b	AU$3.2b	13.2x	14.5x	8.3x
Thu, 24 Jul 2025	AU$43.5b	AU$5.5b	AU$2.8b	13.9x	15.4x	7.9x
Sat, 21 Jun 2025	AU$43.1b	AU$5.5b	AU$2.8b	13.9x	15.2x	7.8x
Mon, 19 May 2025	AU$42.3b	AU$5.5b	AU$2.8b	13.2x	15x	7.7x
Wed, 16 Apr 2025	AU$39.7b	AU$5.5b	AU$2.8b	12.6x	14x	7.2x
Fri, 14 Mar 2025	AU$38.1b	AU$5.5b	AU$2.8b	12.2x	13.5x	6.9x
Sun, 09 Feb 2025	AU$40.8b	AU$5.4b	AU$1.4b	44.4x	29.8x	7.6x
Tue, 07 Jan 2025	AU$39.8b	AU$5.4b	AU$1.3b	43x	31.4x	7.4x
Thu, 05 Dec 2024	AU$40.9b	AU$5.4b	AU$1.3b	44.6x	32.3x	7.6x
Sat, 02 Nov 2024	AU$39.7b	AU$5.4b	AU$1.3b	41.9x	31.4x	7.4x
Mon, 30 Sep 2024	AU$45.1b	AU$5.5b	AU$1.3b	44.8x	33.8x	8.3x
Wed, 28 Aug 2024	AU$43.1b	AU$5.4b	AU$1.3b	43.3x	34x	8x
Fri, 26 Jul 2024	AU$41.0b	AU$5.2b	AU$245.6m	52.1x	166.8x	7.8x
Sun, 23 Jun 2024	AU$39.7b	AU$5.2b	AU$245.6m	49x	161.8x	7.6x
Tue, 21 May 2024	AU$40.1b	AU$5.3b	AU$215.0m	44.4x	186.7x	7.6x
Thu, 18 Apr 2024	AU$38.8b	AU$5.3b	AU$215.0m	39.1x	180.5x	7.4x
Sat, 16 Mar 2024	AU$41.8b	AU$5.3b	AU$215.0m	46.1x	194.2x	7.9x
Mon, 12 Feb 2024	AU$40.3b	AU$5.3b	AU$294.1m	38.5x	137.2x	7.6x
Wed, 10 Jan 2024	AU$38.4b	AU$5.3b	AU$299.5m	34.7x	128.3x	7.2x
Fri, 08 Dec 2023	AU$36.9b	AU$5.3b	AU$299.5m	33.3x	123.3x	6.9x
Sun, 05 Nov 2023	AU$34.3b	AU$5.3b	AU$299.5m	30.1x	114.6x	6.5x
Tue, 03 Oct 2023	AU$33.4b	AU$5.3b	AU$299.5m	28.7x	111.5x	6.3x
Thu, 31 Aug 2023	AU$36.6b	AU$5.3b	AU$299.5m	33x	122.1x	6.9x
Sat, 29 Jul 2023	AU$37.9b	AU$5.4b	AU$2.3b	12.1x	16.5x	7.1x
Mon, 26 Jun 2023	AU$34.7b	AU$5.4b	AU$2.3b	11x	15.1x	6.5x
Wed, 24 May 2023	AU$37.8b	AU$5.4b	AU$2.3b	12.2x	16.5x	7x
Fri, 21 Apr 2023	AU$37.7b	AU$5.4b	AU$2.3b	12.4x	16.5x	7x
Sun, 19 Mar 2023	AU$68.7m	AU$17.4m	AU$3.8m	18.2x	18.2x	3.9x

Price to Earnings Ratio

18.2x

Sun, 19 Mar 2023

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 8.7x which is lower than its 3-year average PE of 64.8x.

The industry is trading close to its 3-year average PS ratio of 7.5x.

Past Earnings Growth

The earnings for companies in the Retail REITs industry have grown 27% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Australian Retail REITs compare with similar industries?


AU Market	-1.34%
Real Estate	-2.15%
REITS	-3.11%
Retail REITs	-3.21%
Hotel and Resort REITs	0%	0
Industrial REITs	-0.41%
Residential REITs	-2.21%
Office REITs	-2.33%
Specialized REITs	-2.87%
Diversified REITs	-3.11%
Healthcare REITs	-3.76%