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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedFeb 02, 2026
DataAggregated Company Financials
Companies5
- 7D-0.3%
- 3M-0.6%
- 1Y16.0%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has remained flat, although notably Morguard Real Estate Investment Trust declined by 4.9%. The past year has been better, since the industry has gained 16% in that time. Looking forward, earnings are forecast to grow by 103% 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 |
|---|---|---|---|---|---|---|
| Mon, 02 Feb 2026 | CA$4.2b | CA$1.3b | -CA$379,898,722.00 | 9.4x | -11x | 3.1x |
| Wed, 31 Dec 2025 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.7x | -10.6x | 3x |
| Fri, 28 Nov 2025 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.5x | -10.5x | 3x |
| Sun, 26 Oct 2025 | CA$4.9b | CA$1.4b | -CA$110,680,261.00 | 9.1x | -44.7x | 3.6x |
| Tue, 23 Sep 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.7x | -46.1x | 3.7x |
| Thu, 21 Aug 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.5x | -45.8x | 3.7x |
| Sat, 19 Jul 2025 | CA$5.1b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -26.3x | 3.3x |
| Mon, 16 Jun 2025 | CA$4.8b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.5x | 3.1x |
| Wed, 14 May 2025 | CA$4.5b | CA$1.5b | -CA$120,567,826.00 | 7.8x | -37.5x | 2.9x |
| Fri, 11 Apr 2025 | CA$4.5b | CA$1.6b | -CA$190,710,792.00 | 7.1x | -23.5x | 2.7x |
| Sun, 09 Mar 2025 | CA$4.8b | CA$1.7b | -CA$174,109,479.00 | 7.8x | -27.4x | 2.8x |
| Tue, 04 Feb 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11x | -11.5x | 2.7x |
| Thu, 02 Jan 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 10.6x | -11.4x | 2.7x |
| Sat, 30 Nov 2024 | CA$5.1b | CA$1.8b | -CA$391,286,479.00 | 12.9x | -12.9x | 2.9x |
| Mon, 28 Oct 2024 | CA$5.4b | CA$1.9b | -CA$474,273,724.00 | 9.5x | -11.4x | 2.9x |
| Wed, 25 Sep 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.2x | -11.7x | 2.9x |
| Fri, 23 Aug 2024 | CA$4.8b | CA$1.6b | -CA$476,794,956.00 | 8.9x | -10.1x | 3x |
| Sun, 21 Jul 2024 | CA$4.7b | CA$1.8b | -CA$341,683,846.00 | 8.1x | -13.7x | 2.6x |
| Tue, 18 Jun 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13.2x | 2.5x |
| Thu, 16 May 2024 | CA$4.7b | CA$1.8b | -CA$335,752,067.00 | 6.8x | -13.9x | 2.6x |
| Sat, 13 Apr 2024 | CA$4.6b | CA$1.8b | -CA$243,799,117.00 | 7.5x | -18.8x | 2.5x |
| Mon, 11 Mar 2024 | CA$4.5b | CA$1.8b | -CA$241,919,636.00 | 9.6x | -18.5x | 2.5x |
| Wed, 07 Feb 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 8.5x | -10.5x | 2.5x |
| Fri, 05 Jan 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.9x | -10.6x | 2.5x |
| Sun, 03 Dec 2023 | CA$4.5b | CA$1.9b | -CA$454,597,636.00 | 7.7x | -9.9x | 2.3x |
| Tue, 31 Oct 2023 | CA$4.3b | CA$1.8b | -CA$552,721,299.00 | 6.9x | -7.9x | 2.4x |
| Thu, 28 Sep 2023 | CA$4.6b | CA$1.8b | -CA$571,335,299.00 | 7.1x | -8.1x | 2.6x |
| Sat, 26 Aug 2023 | CA$5.1b | CA$1.8b | -CA$571,335,299.00 | 7.6x | -8.9x | 2.8x |
| Mon, 24 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.8x | 2.7x |
| Wed, 21 Jun 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.6x | 2.7x |
| Fri, 19 May 2023 | CA$5.1b | CA$1.9b | -CA$311,002,436.00 | 3.9x | -16.5x | 2.6x |
| Sun, 16 Apr 2023 | CA$5.8b | CA$1.9b | CA$889.9m | 3.8x | 6.5x | 3x |
| Tue, 14 Mar 2023 | CA$6.1b | CA$1.9b | CA$954.0m | 4x | 6.4x | 3.2x |
| Thu, 09 Feb 2023 | CA$6.2b | CA$2.0b | CA$1.6b | 5.3x | 3.9x | 3.1x |
Price to Earnings Ratio
3.9x
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 12% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | -3.60% | |
| Real Estate | -2.21% | |
| REITS | -0.25% | |
| Diversified REITs | -0.25% | |
| Residential REITs | -0.039% | |
| Healthcare REITs | -0.18% | |
| Specialized REITs | -1.75% | |
| Hotel and Resort REITs | -2.25% | |
| Industrial REITs | -2.31% | |
| Retail REITs | -2.55% | |
| Office REITs | -3.73% | |
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$10.85 | 1.4% +CA$39.7m | 16.4% | PB0.6x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$6.10 | 3.2% +CA$3.9m | 18.2% | PB0.9x |