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Canadian (TSX) Office REITs Industry Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies5
  • 7D-28.4%
  • 3M-22.9%
  • 1Y-39.0%
  • YTD-26.6%

Over the last 7 days, the Office REITs industry has dropped 28%, driven by declines from every company within the industry. However, the industry is down 39% over the past year. As for the next few years, earnings are expected to grow by 130% per annum.

Industry Valuation and Performance

Has the Canadian Office REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Feb 2026CA$2.4bCA$895.5m-CA$1,549,194,738.0031.1x-1.5x2.6x
Wed, 14 Jan 2026CA$3.3bCA$1.1b-CA$882,904,738.0031.1x-3.8x3x
Fri, 12 Dec 2025CA$3.0bCA$1.1b-CA$882,904,738.0031.1x-3.4x2.8x
Sun, 09 Nov 2025CA$3.2bCA$1.1b-CA$868,828,386.0048.9x-3.6x2.9x
Tue, 07 Oct 2025CA$3.6bCA$904.8m-CA$798,676,386.0038x-4.6x4x
Thu, 04 Sep 2025CA$3.0bCA$904.8m-CA$798,676,386.0038x-3.8x3.4x
Sat, 02 Aug 2025CA$2.9bCA$938.2m-CA$783,328,611.0028.6x-3.7x3.1x
Mon, 30 Jun 2025CA$2.8bCA$940.5m-CA$660,526,611.0032.7x-4.3x3x
Wed, 28 May 2025CA$2.6bCA$941.0m-CA$660,529,770.0026.4x-3.9x2.7x
Fri, 25 Apr 2025CA$2.6bCA$948.2m-CA$537,515,454.0030.8x-4.9x2.8x
Sun, 23 Mar 2025CA$2.9bCA$1.1b-CA$956,473,454.0030.8x-3.1x2.6x
Tue, 18 Feb 2025CA$2.9bCA$1.1b-CA$970,573,454.0030.8x-3x2.6x
Thu, 16 Jan 2025CA$2.9bCA$1.1b-CA$1,212,261,454.0030.8x-2.4x2.5x
Sat, 14 Dec 2024CA$3.1bCA$1.1b-CA$1,212,261,454.0030.8x-2.5x2.7x
Mon, 11 Nov 2024CA$3.2bCA$1.1b-CA$1,251,341,412.0028.5x-2.6x2.8x
Wed, 09 Oct 2024CA$3.5bCA$1.1b-CA$935,578,412.0020.3x-3.7x3.1x
Fri, 06 Sep 2024CA$3.0bCA$1.1b-CA$935,578,412.0020.3x-3.2x2.7x
Sun, 04 Aug 2024CA$2.8bCA$1.1b-CA$801,444,696.0028.5x-3.5x2.6x
Tue, 02 Jul 2024CA$2.7bCA$1.1b-CA$820,658,696.0038x-3.2x2.5x
Thu, 30 May 2024CA$2.9bCA$1.1b-CA$820,649,958.0026.9x-3.6x2.7x
Sat, 27 Apr 2024CA$3.0bCA$1.1b-CA$811,528,728.00n/a-3.7x2.8x
Mon, 25 Mar 2024CA$3.0bCA$1.1b-CA$816,996,728.00n/a-3.6x2.7x
Wed, 21 Feb 2024CA$3.1bCA$1.1b-CA$832,964,728.00n/a-3.7x2.8x
Fri, 19 Jan 2024CA$3.5bCA$1.1b-CA$387,958,728.00n/a-9x3.3x
Sun, 17 Dec 2023CA$3.5bCA$1.1b-CA$387,958,728.00n/a-9.1x3.3x
Tue, 14 Nov 2023CA$2.9bCA$1.1b-CA$270,742,395.00n/a-10.6x2.6x
Thu, 12 Oct 2023CA$3.3bCA$1.1b-CA$232,577,395.00n/a-14.1x3x
Sat, 09 Sep 2023CA$3.8bCA$1.1b-CA$232,577,395.00n/a-16.5x3.5x
Mon, 07 Aug 2023CA$4.0bCA$1.1b-CA$248,307,067.00n/a-16.2x3.7x
Wed, 05 Jul 2023CA$4.1bCA$1.1b-CA$1,035,067.0033.5x-3959x3.6x
Fri, 02 Jun 2023CA$4.4bCA$1.1b-CA$1,035,067.0048.1x-4219.7x3.9x
Sun, 30 Apr 2023CA$4.5bCA$1.2bCA$92.3m13.3x48.3x3.8x
Tue, 28 Mar 2023CA$4.8bCA$1.1bCA$221.5m14.7x21.7x4.2x
Price to Earnings Ratio

21.7x


Total Market Cap: CA$4.8bTotal Earnings: CA$221.5mTotal Revenue: CA$1.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Office REITs Industry Price to Earnings3Y Average -313.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Office REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 8.0% per year, which is driving profits down.

Industry Trends

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

CA Market1.92%
Real Estate-3.90%
Office REITs-28.42%
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
No data available

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