

The Real Estate industry is up 1.6% in the last week, with FirstService up 4.5%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 31% annually.
Has the Canadian Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 20 Feb 2026 | CA$100.7b | CA$33.7b | CA$3.1b | 10.9x | 32.5x | 3x |
| Sun, 18 Jan 2026 | CA$106.5b | CA$34.0b | CA$3.7b | 10.8x | 28.5x | 3.1x |
| Tue, 16 Dec 2025 | CA$99.0b | CA$33.8b | CA$3.7b | 11x | 26.7x | 2.9x |
| Thu, 13 Nov 2025 | CA$101.6b | CA$34.0b | CA$3.9b | 11.6x | 25.8x | 3x |
| Sat, 11 Oct 2025 | CA$104.0b | CA$33.6b | CA$2.9b | 12.7x | 36.3x | 3.1x |
| Mon, 08 Sep 2025 | CA$108.4b | CA$33.4b | CA$2.9b | 13.7x | 37.9x | 3.2x |
| Wed, 06 Aug 2025 | CA$103.5b | CA$33.5b | CA$2.5b | 13.7x | 40.7x | 3.1x |
| Fri, 04 Jul 2025 | CA$100.5b | CA$32.7b | CA$3.4b | 13.3x | 29.4x | 3.1x |
| Sun, 01 Jun 2025 | CA$90.4b | CA$32.8b | CA$3.4b | 12.2x | 26.3x | 2.8x |
| Tue, 29 Apr 2025 | CA$95.2b | CA$33.0b | CA$4.4b | 11x | 21.7x | 2.9x |
| Thu, 27 Mar 2025 | CA$98.0b | CA$33.7b | CA$4.2b | 11x | 23.6x | 2.9x |
| Sat, 22 Feb 2025 | CA$98.0b | CA$33.5b | CA$3.2b | 13.8x | 30.3x | 2.9x |
| Mon, 20 Jan 2025 | CA$98.1b | CA$33.0b | CA$892.7m | 13.6x | 109.8x | 3x |
| Wed, 18 Dec 2024 | CA$102.4b | CA$32.8b | CA$891.6m | 13.7x | 114.9x | 3.1x |
| Fri, 15 Nov 2024 | CA$99.0b | CA$32.7b | CA$940.2m | 14.8x | 105.3x | 3x |
| Sun, 13 Oct 2024 | CA$102.2b | CA$31.8b | CA$1.6b | 9.1x | 62.2x | 3.2x |
| Tue, 10 Sep 2024 | CA$100.6b | CA$31.6b | CA$1.6b | 9x | 61.3x | 3.2x |
| Thu, 08 Aug 2024 | CA$94.7b | CA$31.4b | CA$1.7b | 8.6x | 56x | 3x |
| Sat, 06 Jul 2024 | CA$89.3b | CA$31.2b | CA$1.8b | 9.1x | 49.6x | 2.9x |
| Mon, 03 Jun 2024 | CA$88.1b | CA$31.2b | CA$1.8b | 9.4x | 49.9x | 2.8x |
| Wed, 01 May 2024 | CA$92.4b | CA$32.2b | CA$952.3m | 11.8x | 97x | 2.9x |
| Fri, 29 Mar 2024 | CA$99.0b | CA$31.8b | CA$1.1b | 11.2x | 88.8x | 3.1x |
| Sun, 25 Feb 2024 | CA$98.7b | CA$31.6b | CA$1.2b | 10.5x | 83.1x | 3.1x |
| Tue, 23 Jan 2024 | CA$103.3b | CA$31.6b | CA$1.6b | 10.4x | 63.4x | 3.3x |
| Thu, 21 Dec 2023 | CA$100.8b | CA$31.5b | CA$1.7b | 9.5x | 59.9x | 3.2x |
| Sat, 18 Nov 2023 | CA$93.5b | CA$31.9b | CA$1.8b | 9x | 50.6x | 2.9x |
| Mon, 16 Oct 2023 | CA$92.6b | CA$31.1b | CA$3.3b | 9.5x | 28.4x | 3x |
| Wed, 13 Sep 2023 | CA$100.4b | CA$31.0b | CA$3.3b | 9.2x | 30.8x | 3.2x |
| Fri, 11 Aug 2023 | CA$101.6b | CA$31.5b | CA$4.0b | 8.5x | 25.5x | 3.2x |
| Sun, 09 Jul 2023 | CA$100.2b | CA$31.2b | CA$4.3b | 6.9x | 23.3x | 3.2x |
| Tue, 06 Jun 2023 | CA$107.1b | CA$31.4b | CA$4.3b | 6.9x | 24.6x | 3.4x |
| Thu, 04 May 2023 | CA$107.9b | CA$31.3b | CA$7.2b | 7.1x | 14.9x | 3.4x |
| Sat, 01 Apr 2023 | CA$110.1b | CA$31.1b | CA$8.5b | 6.4x | 13x | 3.5x |
| Mon, 27 Feb 2023 | CA$116.2b | CA$31.1b | CA$10.2b | 6.7x | 11.4x | 3.7x |
11.4x
Which industries have driven the changes within the Canadian Real Estate sector?
| CA Market | 2.64% | |
| Real Estate | 1.57% | |
| Specialized REITs | 4.96% | |
| Health Care REITs | 4.92% | |
| Office REITs | 4.70% | |
| Real Estate | 2.45% | |
| Retail REITs | 1.93% | |
| Industrial REITs | 1.06% | |
| REITS | 0.20% | |
| Hotel and Resort REITs | 0% | 0 |
| Residential REITs | -0.60% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FSV FirstService | CA$213.72 | 4.5% +CA$421.0m | -13.8% | PE49.2x | |
| SRU.UN SmartCentres Real Estate Investment Trust | CA$27.68 | 3.1% +CA$120.1m | 7.1% | PB0.8x | |
| CRT.UN CT Real Estate Investment Trust | CA$16.95 | 2.9% +CA$114.3m | 15.0% | PB2x | |
| AP.UN Allied Properties Real Estate Investment Trust | CA$9.70 | 5.9% +CA$105.7m | -43.2% | PB0.5x | |
| AIF Altus Group | CA$41.10 | 6.0% +CA$100.7m | -26.4% | PE67.7x |