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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedMar 19, 2026
DataAggregated Company Financials
Companies5
- 7D1.0%
- 3M-1.0%
- 1Y4.3%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has risen 1.0%, driven by gains from H&R Real Estate Investment Trust of 0.9%. This takes the industry's 12 month performance to a gain of 4.3%. 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 |
|---|---|---|---|---|---|---|
| Thu, 19 Mar 2026 | CA$4.0b | CA$1.3b | -CA$743,365,441.00 | 8.6x | -5.4x | 3x |
| Sat, 14 Feb 2026 | CA$4.1b | CA$1.3b | -CA$943,225,722.00 | 9.2x | -4.3x | 3.2x |
| Mon, 12 Jan 2026 | CA$4.2b | CA$1.3b | -CA$379,898,722.00 | 8.9x | -11.1x | 3.1x |
| Wed, 10 Dec 2025 | CA$3.8b | CA$1.3b | -CA$379,898,722.00 | 8.6x | -10.1x | 2.9x |
| Fri, 07 Nov 2025 | CA$4.2b | CA$1.2b | -CA$51,627,261.00 | 8.1x | -81.8x | 3.6x |
| Sun, 05 Oct 2025 | CA$4.9b | CA$1.4b | -CA$110,680,261.00 | 9.1x | -44.4x | 3.6x |
| Tue, 02 Sep 2025 | CA$5.2b | CA$1.4b | -CA$110,680,261.00 | 8.6x | -46.5x | 3.7x |
| Thu, 31 Jul 2025 | CA$5.1b | CA$1.6b | -CA$195,408,672.00 | 7.9x | -26.1x | 3.3x |
| Sat, 28 Jun 2025 | CA$4.8b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.5x | 3.1x |
| Mon, 26 May 2025 | CA$4.5b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -22.9x | 2.9x |
| Wed, 23 Apr 2025 | CA$4.5b | CA$1.6b | -CA$190,710,792.00 | 7.6x | -23.6x | 2.7x |
| Fri, 21 Mar 2025 | CA$4.8b | CA$1.6b | -CA$189,655,274.00 | 7.7x | -25.1x | 2.9x |
| Sun, 16 Feb 2025 | CA$4.7b | CA$1.7b | -CA$257,037,479.00 | 11.2x | -18.4x | 2.8x |
| Tue, 14 Jan 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 10.9x | -11.4x | 2.7x |
| Thu, 12 Dec 2024 | CA$4.6b | CA$1.7b | -CA$391,634,479.00 | 11.7x | -11.6x | 2.7x |
| Sat, 09 Nov 2024 | CA$5.4b | CA$1.9b | -CA$345,069,724.00 | 12.1x | -15.5x | 2.8x |
| Mon, 07 Oct 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.1x | -11.5x | 2.9x |
| Wed, 04 Sep 2024 | CA$5.1b | CA$1.9b | -CA$474,273,724.00 | 8.6x | -10.7x | 2.7x |
| Fri, 02 Aug 2024 | CA$4.7b | CA$1.8b | -CA$338,367,846.00 | 8x | -14x | 2.6x |
| Sun, 30 Jun 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.8x | -13x | 2.5x |
| Tue, 28 May 2024 | CA$4.6b | CA$1.8b | -CA$341,683,846.00 | 8.1x | -13.5x | 2.6x |
| Thu, 25 Apr 2024 | CA$4.6b | CA$1.8b | -CA$243,799,117.00 | 7.5x | -18.8x | 2.5x |
| Sat, 23 Mar 2024 | CA$4.5b | CA$1.8b | -CA$230,119,569.00 | 7.5x | -19.6x | 2.5x |
| Mon, 19 Feb 2024 | CA$4.7b | CA$1.9b | -CA$282,200,636.00 | 10x | -16.6x | 2.5x |
| Wed, 17 Jan 2024 | CA$4.9b | CA$1.9b | -CA$454,597,636.00 | 8.7x | -10.9x | 2.6x |
| Fri, 15 Dec 2023 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.9x | -10.5x | 2.5x |
| Sun, 12 Nov 2023 | CA$4.4b | CA$1.9b | -CA$610,802,470.00 | 6.7x | -7.2x | 2.3x |
| Tue, 10 Oct 2023 | CA$4.5b | CA$1.8b | -CA$571,335,299.00 | 7x | -7.8x | 2.5x |
| Thu, 07 Sep 2023 | CA$5.0b | CA$1.8b | -CA$571,335,299.00 | 7.4x | -8.8x | 2.8x |
| Sat, 05 Aug 2023 | CA$5.1b | CA$2.1b | -CA$378,802,896.00 | 6.2x | -13.4x | 2.4x |
| Mon, 03 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.6x | 2.7x |
| Wed, 31 May 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.5x | 2.7x |
| Fri, 28 Apr 2023 | CA$5.6b | CA$1.9b | CA$889.9m | 3.7x | 6.3x | 2.9x |
| Sun, 26 Mar 2023 | CA$5.8b | CA$1.9b | CA$880.7m | 4x | 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 | -2.57% | |
| Real Estate | -0.27% | |
| REITS | 1.02% | |
| Diversified REITs | 1.02% | |
| Office REITs | 1.85% | |
| Retail REITs | 0.68% | |
| Industrial REITs | 0.55% | |
| Specialized REITs | 0.086% | |
| Residential REITs | -0.82% | |
| Hotel and Resort REITs | -1.82% | |
| Healthcare REITs | -2.50% | |
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$10.24 | 0.9% +CA$23.8m | 1.1% | PB0.7x | |
| MRT.UN Morguard Real Estate Investment Trust | CA$6.68 | 2.3% +CA$10.0m | 20.4% | PB0.5x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$6.30 | 2.8% +CA$3.5m | 13.9% | PB0.9x | |
| BTB.UN BTB Real Estate Investment Trust | CA$3.84 | 0.8% +CA$2.6m | 13.3% | PB0.7x |