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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedJul 08, 2025
DataAggregated Company Financials
Companies6
- 7D8.2%
- 3M23.6%
- 1Y25.5%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has risen 8.2%, driven by gains from H&R Real Estate Investment Trust of 13%. In the last 12 months, the industry was up 26%. As for the next few years, earnings are expected to grow by 116% per annum.
Industry Valuation and Performance
Has the Canadian Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 09 Jul 2025 | CA$5.3b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -27x | 3.4x |
| Fri, 06 Jun 2025 | CA$4.7b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.1x | 3x |
| Sun, 04 May 2025 | CA$4.5b | CA$1.6b | -CA$135,003,792.00 | 7.7x | -33.4x | 2.9x |
| Tue, 01 Apr 2025 | CA$4.7b | CA$1.6b | -CA$189,655,274.00 | 7.7x | -24.8x | 2.9x |
| Thu, 27 Feb 2025 | CA$4.8b | CA$1.7b | -CA$239,924,479.00 | 7.8x | -19.9x | 2.9x |
| Sat, 25 Jan 2025 | CA$4.4b | CA$1.7b | -CA$391,634,479.00 | 10.9x | -11.3x | 2.7x |
| Mon, 23 Dec 2024 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11.3x | -11.4x | 2.7x |
| Wed, 20 Nov 2024 | CA$5.1b | CA$1.8b | -CA$398,329,474.00 | 10.4x | -12.9x | 2.9x |
| Fri, 18 Oct 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.4x | -11.6x | 2.9x |
| Sun, 15 Sep 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.2x | -11.7x | 2.9x |
| Tue, 13 Aug 2024 | CA$4.7b | CA$1.8b | -CA$242,052,459.00 | 8.5x | -19.5x | 2.6x |
| Thu, 11 Jul 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13.1x | 2.5x |
| Sat, 08 Jun 2024 | CA$4.6b | CA$1.8b | -CA$341,683,846.00 | 8x | -13.5x | 2.6x |
| Mon, 06 May 2024 | CA$4.5b | CA$1.8b | -CA$259,777,117.00 | 7.6x | -17.5x | 2.5x |
| Wed, 03 Apr 2024 | CA$4.6b | CA$1.8b | -CA$236,724,569.00 | 7.6x | -19.3x | 2.5x |
| Fri, 01 Mar 2024 | CA$4.4b | CA$1.9b | -CA$282,235,636.00 | 9.4x | -15.7x | 2.3x |
| Sun, 28 Jan 2024 | CA$4.9b | CA$1.9b | -CA$454,597,636.00 | 8.7x | -10.8x | 2.5x |
| Tue, 26 Dec 2023 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.7x | -10.5x | 2.5x |
| Thu, 23 Nov 2023 | CA$4.5b | CA$1.9b | -CA$459,992,470.00 | 7.6x | -9.9x | 2.4x |
| Sat, 21 Oct 2023 | CA$4.4b | CA$1.8b | -CA$571,335,299.00 | 6.9x | -7.7x | 2.5x |
| Mon, 18 Sep 2023 | CA$5.1b | CA$1.8b | -CA$571,335,299.00 | 7.6x | -8.9x | 2.9x |
| Wed, 16 Aug 2023 | CA$5.0b | CA$1.9b | -CA$574,470,896.00 | 7.7x | -8.7x | 2.7x |
| Fri, 14 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.6x | 2.7x |
| Sun, 11 Jun 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.7x | 2.7x |
| Tue, 09 May 2023 | CA$5.4b | CA$1.9b | CA$855.0m | 3.6x | 6.4x | 2.8x |
| Thu, 06 Apr 2023 | CA$5.8b | CA$1.9b | CA$880.7m | 4x | 6.6x | 3x |
| Sat, 04 Mar 2023 | CA$6.3b | CA$1.9b | CA$960.4m | 4.1x | 6.6x | 3.3x |
| Mon, 30 Jan 2023 | CA$6.4b | CA$2.0b | CA$1.6b | 5.5x | 4x | 3.2x |
| Wed, 28 Dec 2022 | CA$6.0b | CA$2.0b | CA$1.6b | 5.2x | 3.8x | 3x |
| Fri, 25 Nov 2022 | CA$6.2b | CA$2.0b | CA$1.6b | 5.3x | 3.9x | 3.1x |
| Sun, 23 Oct 2022 | CA$5.6b | CA$2.1b | CA$2.0b | 4.1x | 2.8x | 2.7x |
| Tue, 20 Sep 2022 | CA$6.2b | CA$2.1b | CA$2.0b | 4.2x | 3.1x | 3x |
| Thu, 18 Aug 2022 | CA$6.8b | CA$2.1b | CA$2.0b | 4.5x | 3.3x | 3.2x |
| Sat, 16 Jul 2022 | CA$6.4b | CA$2.0b | CA$2.2b | 4.9x | 2.9x | 3.3x |
Price to Earnings Ratio
2.9x
Current Industry PE
- Investors are optimistic on the Canadian Diversified REITs industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- Total earnings for the Diversified REITs industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 7.5% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | 0.62% | |
| Real Estate | 0.87% | |
| REITS | 8.20% | |
| Diversified REITs | 8.20% | |
| Office REITs | 2.25% | |
| Industrial REITs | 1.37% | |
| Healthcare REITs | 1.00% | |
| Residential REITs | 0.058% | |
| Retail REITs | -0.12% | |
| Specialized REITs | -0.35% | |
| Hotel and Resort REITs | -1.37% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HR.UN H&R Real Estate Investment Trust | CA$11.99 | 12.3% +CA$344.0m | 33.8% | PB0.6x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$5.55 | 2.8% +CA$3.1m | 11.4% | PB0.8x | |
| BTB.UN BTB Real Estate Investment Trust | CA$3.66 | 0.5% +CA$1.8m | 16.6% | PB0.7x | |
| MRT.UN Morguard Real Estate Investment Trust | CA$5.75 | -0.2% CA$1.4m | 7.7% | PB0.4x | |
| FCD.UN Firm Capital Property Trust | CA$5.99 | 0.5% +CA$1.1m | 18.4% | PB0.7x |