Have your own idea? Try our Stock Screener
Canadian (TSX) Diversified REITs Industry Analysis
UpdatedMar 22, 2026
DataAggregated Company Financials
Companies5
- 7D-1.6%
- 3M-4.3%
- 1Y1.6%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has dropped 1.6%, driven by a pullback from H&R Real Estate Investment Trust of 2.1%. As for the longer term, the industry's performance has been flat for the past year. 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Mar 2026 | CA$3.9b | CA$1.3b | -CA$743,365,441.00 | 8.6x | -5.2x | 2.9x |
| Tue, 17 Feb 2026 | CA$4.1b | CA$1.3b | -CA$733,557,722.00 | 9.2x | -5.5x | 3x |
| Thu, 15 Jan 2026 | CA$4.2b | CA$1.3b | -CA$379,898,722.00 | 9.2x | -11.1x | 3.1x |
| Sat, 13 Dec 2025 | CA$3.9b | CA$1.3b | -CA$379,898,722.00 | 8.6x | -10.2x | 2.9x |
| Mon, 10 Nov 2025 | CA$4.2b | CA$1.2b | -CA$56,640,720.00 | 8.1x | -74.1x | 3.6x |
| Wed, 08 Oct 2025 | CA$4.9b | CA$1.4b | -CA$110,680,261.00 | 8.9x | -44.2x | 3.5x |
| Fri, 05 Sep 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.7x | -45.9x | 3.7x |
| Sun, 03 Aug 2025 | CA$5.0b | CA$1.5b | -CA$194,880,672.00 | 7.9x | -25.5x | 3.2x |
| Tue, 01 Jul 2025 | CA$4.8b | CA$1.6b | -CA$195,408,672.00 | 7.7x | -24.4x | 3.1x |
| Thu, 29 May 2025 | CA$4.6b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -23.6x | 3x |
| Sat, 26 Apr 2025 | CA$4.6b | CA$1.6b | -CA$190,710,792.00 | 7.7x | -24x | 2.8x |
| Mon, 24 Mar 2025 | CA$4.7b | CA$1.6b | -CA$189,655,274.00 | 7.7x | -24.9x | 2.9x |
| Wed, 19 Feb 2025 | CA$4.7b | CA$1.7b | -CA$257,037,479.00 | 11.1x | -18.4x | 2.8x |
| Fri, 17 Jan 2025 | CA$4.4b | CA$1.7b | -CA$391,634,479.00 | 10.9x | -11.3x | 2.6x |
| Sun, 15 Dec 2024 | CA$4.6b | CA$1.7b | -CA$391,634,479.00 | 11.3x | -11.7x | 2.7x |
| Tue, 12 Nov 2024 | CA$5.3b | CA$1.9b | -CA$333,296,474.00 | 10.4x | -15.9x | 2.8x |
| Thu, 10 Oct 2024 | CA$5.4b | CA$1.9b | -CA$474,273,724.00 | 9x | -11.3x | 2.9x |
| Sat, 07 Sep 2024 | CA$5.2b | CA$1.9b | -CA$474,273,724.00 | 8.8x | -10.9x | 2.7x |
| Mon, 05 Aug 2024 | CA$4.7b | CA$1.8b | -CA$338,765,846.00 | 7.9x | -13.8x | 2.6x |
| Wed, 03 Jul 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.8x | -13x | 2.5x |
| Fri, 31 May 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 8.1x | -13.3x | 2.5x |
| Sun, 28 Apr 2024 | CA$4.5b | CA$1.8b | -CA$243,799,117.00 | 7.6x | -18.6x | 2.5x |
| Tue, 26 Mar 2024 | CA$4.5b | CA$1.8b | -CA$236,724,569.00 | 7.5x | -19.1x | 2.5x |
| Thu, 22 Feb 2024 | CA$4.6b | CA$1.9b | -CA$282,200,636.00 | 9.9x | -16.4x | 2.5x |
| Sat, 20 Jan 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 8.6x | -10.6x | 2.5x |
| Mon, 18 Dec 2023 | CA$4.7b | CA$1.9b | -CA$454,597,636.00 | 7.8x | -10.3x | 2.4x |
| Wed, 15 Nov 2023 | CA$4.4b | CA$1.9b | -CA$610,802,470.00 | 6.7x | -7.1x | 2.3x |
| Fri, 13 Oct 2023 | CA$4.6b | CA$1.8b | -CA$571,335,299.00 | 7x | -8.1x | 2.6x |
| Sun, 10 Sep 2023 | CA$4.7b | CA$1.8b | -CA$571,335,299.00 | 7.4x | -8.3x | 2.6x |
| Tue, 08 Aug 2023 | CA$5.1b | CA$1.7b | -CA$384,994,896.00 | 6.2x | -13.2x | 2.9x |
| Thu, 06 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.7x | 2.7x |
| Sat, 03 Jun 2023 | CA$5.2b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.9x | 2.7x |
| Mon, 01 May 2023 | CA$5.6b | CA$1.9b | CA$844.8m | 3.7x | 6.6x | 2.9x |
| Wed, 29 Mar 2023 | CA$5.8b | CA$1.9b | CA$880.7m | 3.9x | 6.6x | 3x |
Price to Earnings Ratio
6.6x
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 11% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | -3.67% | |
| Real Estate | -2.88% | |
| REITS | -1.58% | |
| Diversified REITs | -1.58% | |
| Hotel and Resort REITs | 2.43% | |
| Specialized REITs | -0.61% | |
| Office REITs | -1.69% | |
| Residential REITs | -1.78% | |
| Retail REITs | -2.24% | |
| Healthcare REITs | -3.87% | |
| Industrial REITs | -5.15% | |
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 | |
|---|---|---|---|---|---|
| FCD.UN Firm Capital Property Trust | CA$5.98 | 1.4% +CA$3.0m | 4.9% | PB0.7x | |
| BTB.UN BTB Real Estate Investment Trust | CA$3.75 | 0.5% +CA$1.8m | 10.9% | PB0.7x |