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Canadian (TSX) Real Estate Development Industry Analysis

UpdatedSep 21, 2023
DataAggregated Company Financials
Companies5
  • 7D-1.6%
  • 3M3.3%
  • 1Y-16.3%
  • YTD-11.8%

Over the last 7 days, the Real Estate Development industry has dropped 1.6%, driven by pullbacks from every company within the industry. However, the industry is down 16% over the past year.

Industry Valuation and Performance

Has the Canadian Real Estate Development Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Sep 2023CA$1.4bCA$797.0mCA$133.8m8.9x10.5x1.8x
Sat, 19 Aug 2023CA$1.4bCA$797.0mCA$133.1m9.1x10.3x1.7x
Mon, 17 Jul 2023CA$1.4bCA$745.3mCA$284.4m4.7x4.8x1.8x
Wed, 14 Jun 2023CA$1.4bCA$745.3mCA$284.4m4.9x5x1.9x
Fri, 12 May 2023CA$1.5bCA$748.7mCA$283.9m4.9x5.1x1.9x
Sun, 09 Apr 2023CA$1.6bCA$730.0mCA$290.5m5.1x5.4x2.1x
Tue, 07 Mar 2023CA$1.7bCA$804.4mCA$298.1m5.4x5.7x2.1x
Thu, 02 Feb 2023CA$1.8bCA$759.2mCA$430.8m3.9x4.1x2.3x
Sat, 31 Dec 2022CA$1.6bCA$759.2mCA$430.8m3.6x3.7x2.1x
Mon, 28 Nov 2022CA$1.9bCA$759.2mCA$424.8m4x4.4x2.4x
Wed, 26 Oct 2022CA$1.6bCA$736.0mCA$355.5m4.2x4.5x2.2x
Fri, 23 Sep 2022CA$1.7bCA$736.0mCA$355.5m4.4x4.8x2.3x
Sun, 21 Aug 2022CA$1.9bCA$735.5mCA$356.4m5x5.3x2.6x
Tue, 19 Jul 2022CA$1.9bCA$769.2mCA$264.9m6.7x7.2x2.5x
Thu, 16 Jun 2022CA$2.1bCA$769.2mCA$264.9m7.8x8.1x2.8x
Sat, 14 May 2022CA$2.6bCA$768.6mCA$260.5m9.2x9.9x3.4x
Mon, 11 Apr 2022CA$2.9bCA$753.5mCA$145.6m16.7x20x3.9x
Wed, 09 Mar 2022CA$2.8bCA$683.9mCA$100.7m32.2x27.4x4x
Fri, 04 Feb 2022CA$2.5bCA$575.7m-CA$15,935,353.0041.9x-155x4.3x
Sun, 02 Jan 2022CA$2.4bCA$575.7m-CA$15,935,353.0041.1x-149.7x4.1x
Tue, 30 Nov 2021CA$2.2bCA$576.1m-CA$17,244,842.0041.6x-126.9x3.8x
Thu, 28 Oct 2021CA$2.0bCA$602.1m-CA$64,659,507.00106.4x-31.2x3.3x
Sat, 25 Sep 2021CA$1.9bCA$602.1m-CA$64,659,507.00103.3x-28.8x3.1x
Mon, 23 Aug 2021CA$1.8bCA$602.1m-CA$64,659,507.0093x-27.8x3x
Sat, 10 Jul 2021CA$1.8bCA$602.1m-CA$64,659,507.0099.8x-28.3x3x
Fri, 02 Apr 2021CA$1.6bCA$559.8m-CA$120,856,133.0010.4x-13.1x2.8x
Mon, 04 Jan 2021CA$1.5bCA$682.2mCA$140.1m27.2x10.5x2.2x
Thu, 08 Oct 2020CA$1.2bCA$1.0bCA$562.3m6.8x2.2x1.2x
Price to Earnings Ratio

2.2x


Total Market Cap: CA$1.2bTotal Earnings: CA$562.3mTotal Revenue: CA$1.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Development Industry Price to Earnings3Y Average -13.2x202120222023
Current Industry PE
  • Investors are pessimistic on the Canadian Real Estate Development 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 10.5x which is higher than its 3-year average PE of -13.2x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Development industry have declined 38% per year over the last three years,
  • Revenues have also declined 7.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Real Estate Development compare with similar industries?

CA Market-0.092%
Real Estate0.50%
Real Estate-0.41%
Real Estate Development-1.57%
Diversified Real Estate2.34%
Real Estate Operating Companies0.74%
Real Estate Services-0.90%
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
Simply Wall Stâ„¢
Simply Wall Street Pty Ltd
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