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Belgian (BEL20) Retail REITs Industry Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies5
  • 7D-0.8%
  • 3M-3.6%
  • 1Y-2.1%
  • YTD-2.5%

In the last week, Retail REITs has been flat. Furthermore, the industry has been flat for the past year as well. In the next few years, earnings are forecast to decline by 4.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Aug 2026€2.5b€373.9m€285.1m8.5x8.8x6.7x
Sun, 19 Jul 2026€2.6b€373.4m€278.2m9.8x9.2x6.9x
Tue, 16 Jun 2026€2.6b€366.9m€269.2m9.7x9.7x7.1x
Thu, 14 May 2026€2.5b€365.8m€257.3m9.2x9.7x6.9x
Sat, 11 Apr 2026€2.7b€366.8m€182.7m12.5x14.9x7.4x
Mon, 09 Mar 2026€2.5b€365.8m€242.3m9.8x10.4x6.9x
Wed, 04 Feb 2026€2.4b€334.5m€213.8m14.6x11.4x7.3x
Fri, 02 Jan 2026€2.4b€327.0m€213.8m14.3x11.2x7.3x
Sun, 30 Nov 2025€2.3b€327.0m€213.8m13.4x11x7.2x
Tue, 28 Oct 2025€2.3b€333.3m€211.3m14.3x11.1x7x
Thu, 25 Sep 2025€2.3b€332.2m€198.4m14x11.8x7.1x
Sat, 23 Aug 2025€2.4b€333.2m€219.0m9.5x11x7.2x
Mon, 21 Jul 2025€2.5b€304.3m€238.6m8.5x10.4x8.2x
Wed, 18 Jun 2025€2.4b€304.3m€238.6m8.4x10x7.9x
Fri, 16 May 2025€2.4b€303.0m€197.2m12.1x12.1x7.9x
Sun, 13 Apr 2025€2.2b€307.4m€197.5m10.9x11.2x7.2x
Tue, 11 Mar 2025€2.2b€307.0m€201.1m11x11.1x7.3x
Thu, 06 Feb 2025€1.8b€307.5m€202.6m10.8x8.9x5.9x
Sat, 04 Jan 2025€1.8b€307.5m€202.6m11.1x9.1x6x
Mon, 02 Dec 2024€1.8b€307.2m€198.6m11.1x9.1x5.9x
Wed, 30 Oct 2024€1.9b€303.9m€243.4m7.7x7.8x6.3x
Fri, 27 Sep 2024€2.0b€304.0m€244.0m7.9x8.1x6.5x
Sun, 25 Aug 2024€1.9b€305.2m€230.3m10x8.4x6.3x
Tue, 23 Jul 2024€1.9b€304.8m€225.4m10.2x8.5x6.3x
Thu, 20 Jun 2024€1.9b€303.2m€179.1m13.3x10.4x6.1x
Sat, 18 May 2024€2.0b€296.6m€214.0m12.9x9.1x6.6x
Mon, 15 Apr 2024€1.9b€296.5m€213.2m14.1x8.9x6.4x
Wed, 13 Mar 2024€1.8b€293.6m€221.7m13.5x8.2x6.2x
Fri, 09 Feb 2024€1.8b€289.6m€251.2m10.9x7.2x6.2x
Sun, 07 Jan 2024€1.9b€289.6m€251.2m11.1x7.6x6.6x
Tue, 05 Dec 2023€1.9b€281.8m€251.2m11x7.5x6.7x
Thu, 02 Nov 2023€1.7b€281.3m€288.9m10.2x5.9x6x
Sat, 30 Sep 2023€1.7b€280.9m€290.4m10.2x5.9x6.1x
Mon, 28 Aug 2023€1.8b€280.9m€290.4m10.6x6x6.2x
Price to Earnings Ratio

6x


Total Market Cap: €1.8bTotal Earnings: €290.4mTotal Revenue: €280.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Belgian Retail REITs Industry Price to Earnings3Y Average 9.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Belgian Retail REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 9.5x.
  • The industry is trading close to its 3-year average PS ratio of 6.8x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 10% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Belgian Real Estate industry?

BE Market-0.42%
Real Estate-1.59%
Retail REITs-0.85%
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
RET Retail Estates€65.300.8%
+€7.5m
-3.1%PB0.8x

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