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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedFeb 24, 2026
DataAggregated Company Financials
Companies5
- 7D1.1%
- 3M3.3%
- 1Y8.3%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has risen 1.1%, driven by gains from H&R Real Estate Investment Trust of 1.6%. In the last 12 months, the industry was up 8.3%. Looking forward, earnings are forecast to grow by 116% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 24 Feb 2026 | CA$4.1b | CA$1.3b | -CA$733,557,722.00 | 9.2x | -5.6x | 3.1x |
| Thu, 22 Jan 2026 | CA$4.1b | CA$1.3b | -CA$379,898,722.00 | 9.2x | -10.9x | 3.1x |
| Sat, 20 Dec 2025 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.5x | -10.6x | 3x |
| Mon, 17 Nov 2025 | CA$3.9b | CA$1.3b | -CA$369,786,720.00 | 8.3x | -10.4x | 2.9x |
| Wed, 15 Oct 2025 | CA$4.8b | CA$1.4b | -CA$110,680,261.00 | 9x | -43.4x | 3.5x |
| Fri, 12 Sep 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.6x | -46.5x | 3.7x |
| Sun, 10 Aug 2025 | CA$5.0b | CA$1.5b | -CA$218,183,644.00 | 8.3x | -22.8x | 3.3x |
| Tue, 08 Jul 2025 | CA$5.3b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -27x | 3.4x |
| Thu, 05 Jun 2025 | CA$4.7b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.3x | 3.1x |
| Sat, 03 May 2025 | CA$4.5b | CA$1.6b | -CA$135,003,792.00 | 7.7x | -33.2x | 2.9x |
| Mon, 31 Mar 2025 | CA$4.7b | CA$1.6b | -CA$189,655,274.00 | 7.8x | -24.8x | 2.9x |
| Wed, 26 Feb 2025 | CA$4.7b | CA$1.7b | -CA$239,924,479.00 | 7.8x | -19.7x | 2.8x |
| Fri, 24 Jan 2025 | CA$4.4b | CA$1.7b | -CA$391,634,479.00 | 11x | -11.3x | 2.6x |
| Sun, 22 Dec 2024 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11.3x | -11.4x | 2.7x |
| Tue, 19 Nov 2024 | CA$5.1b | CA$1.8b | -CA$398,329,474.00 | 10.5x | -12.9x | 2.9x |
| Thu, 17 Oct 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.4x | -11.6x | 2.9x |
| Sat, 14 Sep 2024 | CA$5.4b | CA$1.9b | -CA$474,273,724.00 | 9.2x | -11.5x | 2.9x |
| Mon, 12 Aug 2024 | CA$4.7b | CA$1.8b | -CA$242,052,459.00 | 8.5x | -19.5x | 2.6x |
| Wed, 10 Jul 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13.3x | 2.5x |
| Fri, 07 Jun 2024 | CA$4.7b | CA$1.8b | -CA$341,683,846.00 | 8.1x | -13.6x | 2.6x |
| Sun, 05 May 2024 | CA$4.5b | CA$1.8b | -CA$259,777,117.00 | 7.6x | -17.5x | 2.5x |
| Tue, 02 Apr 2024 | CA$4.6b | CA$1.8b | -CA$236,724,569.00 | 7.6x | -19.5x | 2.5x |
| Thu, 29 Feb 2024 | CA$4.5b | CA$1.9b | -CA$282,235,636.00 | 9.4x | -15.9x | 2.4x |
| Sat, 27 Jan 2024 | CA$4.9b | CA$1.9b | -CA$454,597,636.00 | 8.7x | -10.8x | 2.5x |
| Mon, 25 Dec 2023 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.7x | -10.5x | 2.5x |
| Wed, 22 Nov 2023 | CA$4.5b | CA$1.9b | -CA$451,710,470.00 | 6.7x | -10x | 2.3x |
| Fri, 20 Oct 2023 | CA$4.5b | CA$1.8b | -CA$571,335,299.00 | 7x | -7.8x | 2.5x |
| Sun, 17 Sep 2023 | CA$5.1b | CA$1.8b | -CA$571,335,299.00 | 7.6x | -8.9x | 2.9x |
| Tue, 15 Aug 2023 | CA$5.1b | CA$1.9b | -CA$574,470,896.00 | 7.9x | -8.8x | 2.7x |
| Thu, 13 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.6x | 2.7x |
| Sat, 10 Jun 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.7x | 2.7x |
| Mon, 08 May 2023 | CA$5.5b | CA$1.9b | CA$855.0m | 3.6x | 6.4x | 2.8x |
| Wed, 05 Apr 2023 | CA$5.9b | CA$1.9b | CA$880.7m | 4x | 6.7x | 3.1x |
| Fri, 03 Mar 2023 | CA$6.3b | CA$1.9b | CA$976.2m | 4.1x | 6.5x | 3.4x |
Price to Earnings Ratio
6.5x
Current Industry PE
- Investors are relatively neutral on the Canadian Diversified REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
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 10% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | 1.52% | |
| Real Estate | 1.52% | |
| REITS | 1.12% | |
| Diversified REITs | 1.12% | |
| Healthcare REITs | 4.70% | |
| Hotel and Resort REITs | 4.13% | |
| Specialized REITs | 3.83% | |
| Retail REITs | 2.85% | |
| Industrial REITs | 1.39% | |
| Office REITs | 0.89% | |
| Residential REITs | 0.13% | |
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$10.62 | 1.6% +CA$45.0m | 6.0% | PB0.7x | |
| BTB.UN BTB Real Estate Investment Trust | CA$4.29 | 2.9% +CA$10.7m | 27.7% | PB0.8x | |
| FCD.UN Firm Capital Property Trust | CA$6.17 | 1.0% +CA$2.2m | 2.5% | PB0.7x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$6.05 | 1.0% +CA$1.2m | 13.7% | PB0.9x |