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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies5
- 7D-1.3%
- 3M1.9%
- 1Y5.8%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has dropped 1.3%, driven by a pullback from H&R Real Estate Investment Trust of 1.2%. In the past year, the industry has gained 5.8%. 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 |
|---|---|---|---|---|---|---|
| Sun, 01 Mar 2026 | CA$4.1b | CA$1.3b | -CA$753,336,722.00 | 12x | -5.5x | 3.1x |
| Tue, 27 Jan 2026 | CA$4.2b | CA$1.3b | -CA$379,898,722.00 | 9x | -11.1x | 3.1x |
| Thu, 25 Dec 2025 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.6x | -10.5x | 3x |
| Sat, 22 Nov 2025 | CA$3.8b | CA$1.3b | -CA$379,898,722.00 | 8.3x | -10.1x | 2.9x |
| Mon, 20 Oct 2025 | CA$4.9b | CA$1.4b | -CA$110,680,261.00 | 9x | -44.1x | 3.5x |
| Wed, 17 Sep 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.7x | -46.5x | 3.7x |
| Fri, 15 Aug 2025 | CA$5.0b | CA$1.6b | -CA$224,543,644.00 | 8.5x | -22.4x | 3.2x |
| Sun, 13 Jul 2025 | CA$5.0b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -25.4x | 3.2x |
| Tue, 10 Jun 2025 | CA$4.7b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.3x | 3.1x |
| Thu, 08 May 2025 | CA$4.5b | CA$1.6b | -CA$134,548,792.00 | 7.7x | -33.2x | 2.9x |
| Sat, 05 Apr 2025 | CA$4.7b | CA$1.6b | -CA$190,710,792.00 | 7.3x | -24.9x | 2.9x |
| Mon, 03 Mar 2025 | CA$4.8b | CA$1.7b | -CA$239,924,479.00 | 7.8x | -19.8x | 2.8x |
| Wed, 29 Jan 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 10.9x | -11.5x | 2.7x |
| Fri, 27 Dec 2024 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11.1x | -11.5x | 2.7x |
| Sun, 24 Nov 2024 | CA$5.0b | CA$1.8b | -CA$391,286,479.00 | 12.9x | -12.8x | 2.8x |
| Tue, 22 Oct 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.5x | -11.6x | 2.9x |
| Thu, 19 Sep 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.3x | -11.6x | 2.9x |
| Sat, 17 Aug 2024 | CA$4.7b | CA$1.6b | -CA$461,867,459.00 | 8.6x | -10.2x | 2.9x |
| Mon, 15 Jul 2024 | CA$4.6b | CA$1.8b | -CA$341,683,846.00 | 8x | -13.5x | 2.6x |
| Wed, 12 Jun 2024 | CA$4.6b | CA$1.8b | -CA$341,683,846.00 | 8x | -13.4x | 2.5x |
| Fri, 10 May 2024 | CA$4.6b | CA$1.8b | -CA$277,230,117.00 | 8x | -16.5x | 2.5x |
| Sun, 07 Apr 2024 | CA$4.6b | CA$1.8b | -CA$236,724,569.00 | 7.7x | -19.4x | 2.5x |
| Tue, 05 Mar 2024 | CA$4.4b | CA$1.8b | -CA$241,365,636.00 | 9.5x | -18.4x | 2.4x |
| Thu, 01 Feb 2024 | CA$4.9b | CA$1.9b | -CA$454,597,636.00 | 8.7x | -10.7x | 2.5x |
| Sat, 30 Dec 2023 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.8x | -10.5x | 2.5x |
| Mon, 27 Nov 2023 | CA$4.5b | CA$1.9b | -CA$454,597,636.00 | 7.7x | -9.8x | 2.3x |
| Wed, 25 Oct 2023 | CA$4.4b | CA$1.8b | -CA$571,335,299.00 | 6.9x | -7.7x | 2.5x |
| Fri, 22 Sep 2023 | CA$4.9b | CA$1.8b | -CA$571,335,299.00 | 7.5x | -8.6x | 2.8x |
| Sun, 20 Aug 2023 | CA$5.1b | CA$1.9b | -CA$570,336,305.00 | 7.7x | -8.9x | 2.7x |
| Tue, 18 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.7x | 2.7x |
| Thu, 15 Jun 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.7x | 2.7x |
| Sat, 13 May 2023 | CA$5.3b | CA$1.9b | CA$564.2m | 3.4x | 9.3x | 2.7x |
| Mon, 10 Apr 2023 | CA$5.8b | CA$1.9b | CA$889.9m | 3.9x | 6.5x | 3x |
| Wed, 08 Mar 2023 | CA$6.3b | CA$1.9b | CA$960.4m | 4.1x | 6.5x | 3.3x |
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 11% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | 1.75% | |
| Real Estate | 1.01% | |
| REITS | -1.35% | |
| Diversified REITs | -1.35% | |
| Industrial REITs | 2.21% | |
| Retail REITs | 1.12% | |
| Specialized REITs | 0.95% | |
| Residential REITs | -0.76% | |
| Office REITs | -1.17% | |
| Healthcare REITs | -1.52% | |
| Hotel and Resort REITs | -2.80% | |
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 | |
|---|---|---|---|---|---|
| MRT.UN Morguard Real Estate Investment Trust | CA$6.35 | 1.9% +CA$8.0m | 15.5% | PB0.5x |