Industry Valuation and Performance
Has the Canadian Real Estate Industry valuation changed over the past few years?
Date Market Cap Revenue Earnings PE Absolute PE PS Sun, 03 Dec 2023 CA$28.9b CA$17.1b CA$297.1m 10.8x 97.2x 1.7x Tue, 31 Oct 2023 CA$26.8b CA$17.5b CA$603.8m 9.9x 44.4x 1.5x Thu, 28 Sep 2023 CA$27.7b CA$17.0b CA$577.5m 8.5x 48x 1.6x Sat, 26 Aug 2023 CA$29.5b CA$17.1b CA$582.1m 8.8x 50.6x 1.7x Mon, 24 Jul 2023 CA$30.1b CA$17.0b CA$1.3b 9.1x 22.7x 1.8x Wed, 21 Jun 2023 CA$27.9b CA$17.0b CA$1.3b 7.2x 20.8x 1.6x Fri, 19 May 2023 CA$28.1b CA$17.3b CA$1.4b 7.2x 20.2x 1.6x Sun, 16 Apr 2023 CA$28.7b CA$16.8b CA$1.9b 6.7x 15.5x 1.7x Tue, 14 Mar 2023 CA$28.9b CA$17.2b CA$1.9b 7.4x 15.3x 1.7x Thu, 09 Feb 2023 CA$30.3b CA$16.9b CA$2.7b 6.6x 11.2x 1.8x Sat, 07 Jan 2023 CA$27.4b CA$16.8b CA$2.7b 7.2x 10.2x 1.6x Mon, 05 Dec 2022 CA$28.0b CA$16.8b CA$2.7b 6.2x 10.5x 1.7x Wed, 02 Nov 2022 CA$27.1b CA$16.6b CA$2.7b 6.9x 10.2x 1.6x Fri, 30 Sep 2022 CA$26.1b CA$16.5b CA$2.7b 7.3x 9.7x 1.6x Sun, 28 Aug 2022 CA$29.7b CA$15.8b CA$2.6b 7.5x 11.4x 1.9x Tue, 26 Jul 2022 CA$29.4b CA$15.1b CA$1.5b 5.9x 19.4x 1.9x Thu, 23 Jun 2022 CA$26.8b CA$15.2b CA$1.5b 7.4x 17.8x 1.8x Sat, 21 May 2022 CA$29.5b CA$15.2b CA$1.5b 6.8x 19.8x 1.9x Mon, 18 Apr 2022 CA$32.9b CA$14.4b CA$1.0b 10.8x 32.6x 2.3x Wed, 16 Mar 2022 CA$33.0b CA$14.5b CA$1.0b 11.9x 32.4x 2.3x Fri, 11 Feb 2022 CA$35.9b CA$13.6b CA$578.4m 14.4x 62x 2.6x Sun, 09 Jan 2022 CA$38.1b CA$13.7b CA$558.5m 14.4x 68.2x 2.8x Tue, 07 Dec 2021 CA$36.9b CA$13.8b CA$578.8m 14x 63.7x 2.7x Thu, 04 Nov 2021 CA$36.3b CA$13.3b CA$215.5m 12.3x 168.4x 2.7x Sat, 02 Oct 2021 CA$33.7b CA$13.0b CA$202.6m 10.8x 166.2x 2.6x Mon, 30 Aug 2021 CA$33.9b CA$12.7b CA$193.2m 11.2x 175.5x 2.7x Tue, 06 Jul 2021 CA$31.1b CA$12.7b CA$193.2m 11x 160.7x 2.4x Fri, 09 Apr 2021 CA$27.0b CA$11.8b CA$293.8m 11.2x 91.9x 2.3x Thu, 31 Dec 2020 CA$24.8b CA$11.5b CA$205.9m 17.1x 120.7x 2.2x 1Y 3Y 5Y 10Y Price to Earnings Price to Sales Median Price to Earnings Price to Earnings Ratio
Wed, 09 Dec 2020 Total Market Cap: CA$24.7b Total Earnings: CA$767.2m Total Revenue: CA$12.0b Total Market Cap vs Earnings and Revenue 0% 0% 0% Canadian Real Estate Industry Price to Earnings 3Y Average 60.4x 2021 2022 2023 Current Industry PE Investors are optimistic on the Canadian Real Estate industry, and appear confident in long term growth rates. The industry is trading at a PE ratio of 97.2x which is higher than its 3-year average PE of 60.4x. The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.7x. Past Earnings Growth The earnings for companies in the Real Estate industry have declined 27% per year over the last three years. Meanwhile revenues for these companies have grown 13% 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, which has decreased profits. Industry Trends
Which industries have driven the changes within the Canadian Real Estate industry?
CA Market 1.37% Real Estate 1.87% Real Estate -0.07% Real Estate Operating Companies 1.65% Real Estate Development 1.11% Diversified Real Estate -0.65% Real Estate Services -0.85% Industry PE Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 3.6x. Analysts are expecting annual earnings decline of 34.5%, which is worse than the prior year's decline of 22.7%. Investors are most pessimistic about the Real Estate Development industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average. Forecasted Growth Analysts are most optimistic on the Real Estate Services industry, expecting annual earnings growth of 38% over the next 5 years. This is better than its past earnings decline of 53% per year. In contrast, the Real Estate Operating Companies industry is expected to see its earnings decline by 35% per year over the next few years. Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
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