Australian (ASX) Retail REITs Industry Analysis

UpdatedNov 04, 2025

DataAggregated Company Financials

Companies9

7D-4.0%
3M4.8%
1Y14.7%
YTD16.4%

Over the last 7 days, the Retail REITs industry has dropped 4.0%, driven by a pullback from Scentre Group of 4.0%. This takes the industry's 12 month performance to a gain of 15%. As for the next few years, earnings are forecast to decline by 1.8% 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
Tue, 04 Nov 2025	AU$45.9b	AU$5.6b	AU$3.6b	11.4x	12.7x	8.1x
Thu, 02 Oct 2025	AU$46.3b	AU$5.6b	AU$3.6b	11.5x	12.9x	8.2x
Sat, 30 Aug 2025	AU$46.3b	AU$5.6b	AU$3.6b	11.8x	13x	8.3x
Mon, 28 Jul 2025	AU$42.8b	AU$5.5b	AU$2.8b	13.6x	15.1x	7.8x
Wed, 25 Jun 2025	AU$43.0b	AU$5.5b	AU$2.8b	13.9x	15.2x	7.8x
Fri, 23 May 2025	AU$43.0b	AU$5.5b	AU$2.8b	13.5x	15.2x	7.8x
Sun, 20 Apr 2025	AU$40.4b	AU$5.5b	AU$2.8b	12.8x	14.3x	7.4x
Tue, 18 Mar 2025	AU$38.0b	AU$5.5b	AU$2.8b	12x	13.4x	6.9x
Thu, 13 Feb 2025	AU$41.1b	AU$5.4b	AU$1.5b	37.8x	27.5x	7.6x
Sat, 11 Jan 2025	AU$39.5b	AU$5.4b	AU$1.3b	43.1x	31.3x	7.4x
Mon, 09 Dec 2024	AU$40.6b	AU$5.4b	AU$1.3b	44.4x	32x	7.6x
Wed, 06 Nov 2024	AU$39.8b	AU$5.4b	AU$1.3b	42x	31.4x	7.4x
Fri, 04 Oct 2024	AU$41.6b	AU$5.4b	AU$1.3b	43.7x	32.8x	7.8x
Sun, 01 Sep 2024	AU$43.6b	AU$5.5b	AU$1.3b	43.4x	32.8x	8x
Tue, 30 Jul 2024	AU$41.7b	AU$5.2b	AU$245.6m	53.6x	169.8x	7.9x
Thu, 27 Jun 2024	AU$40.2b	AU$5.2b	AU$245.6m	49.7x	163.8x	7.7x
Sat, 25 May 2024	AU$39.3b	AU$5.3b	AU$215.0m	43.7x	182.9x	7.5x
Mon, 22 Apr 2024	AU$39.0b	AU$5.3b	AU$215.0m	38.4x	181.2x	7.4x
Wed, 20 Mar 2024	AU$41.4b	AU$5.3b	AU$215.0m	45.1x	192.4x	7.8x
Fri, 16 Feb 2024	AU$39.8b	AU$5.3b	AU$322.2m	39.1x	123.5x	7.5x
Sun, 14 Jan 2024	AU$38.8b	AU$5.3b	AU$295.8m	36.6x	131.4x	7.3x
Tue, 12 Dec 2023	AU$37.1b	AU$5.3b	AU$295.8m	35.8x	125.5x	7x
Thu, 09 Nov 2023	AU$34.3b	AU$5.3b	AU$295.8m	34.3x	116.1x	6.5x
Sat, 07 Oct 2023	AU$33.4b	AU$5.3b	AU$295.8m	33.8x	113x	6.3x
Mon, 04 Sep 2023	AU$36.4b	AU$5.3b	AU$295.8m	36.2x	123.2x	6.9x
Wed, 02 Aug 2023	AU$37.9b	AU$5.4b	AU$2.3b	10.8x	16.6x	7.1x
Fri, 30 Jun 2023	AU$36.1b	AU$5.4b	AU$2.3b	10.4x	15.8x	6.7x
Sun, 28 May 2023	AU$36.8b	AU$5.4b	AU$2.3b	10.5x	16.1x	6.9x
Tue, 25 Apr 2023	AU$38.2b	AU$5.4b	AU$2.3b	11.3x	16.7x	7.1x

Price to Earnings Ratio

16x

Mon, 03 Apr 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 12.7x which is lower than its 3-year average PE of 72.9x.

The industry is trading close to its 3-year average PS ratio of 7.4x.

Past Earnings Growth

The earnings for companies in the Retail REITs industry have grown 16% 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.