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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedJan 22, 2026
DataAggregated Company Financials
Companies5
- 7D-1.4%
- 3M-5.6%
- 1Y16.4%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has dropped 1.4%, driven by H&R Real Estate Investment Trust declining 2.5%. This takes the industry's 12 month performance to a gain of 16%. 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 |
|---|---|---|---|---|---|---|
| Fri, 23 Jan 2026 | CA$4.1b | CA$1.3b | -CA$379,898,722.00 | 9.2x | -10.9x | 3.1x |
| Sun, 21 Dec 2025 | CA$4.1b | CA$1.3b | -CA$379,898,722.00 | 8.5x | -10.7x | 3x |
| Tue, 18 Nov 2025 | CA$3.9b | CA$1.3b | -CA$369,786,720.00 | 8.3x | -10.4x | 2.9x |
| Thu, 16 Oct 2025 | CA$4.8b | CA$1.4b | -CA$110,680,261.00 | 9x | -43.5x | 3.5x |
| Sat, 13 Sep 2025 | CA$5.2b | CA$1.4b | -CA$110,680,261.00 | 8.6x | -46.7x | 3.8x |
| Mon, 11 Aug 2025 | CA$5.0b | CA$1.5b | -CA$218,183,644.00 | 8.3x | -22.8x | 3.3x |
| Wed, 09 Jul 2025 | CA$5.2b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -26.4x | 3.3x |
| Fri, 06 Jun 2025 | CA$4.7b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.1x | 3x |
| Sun, 04 May 2025 | CA$4.5b | CA$1.6b | -CA$135,003,792.00 | 7.7x | -33.4x | 2.9x |
| Tue, 01 Apr 2025 | CA$4.7b | CA$1.6b | -CA$189,655,274.00 | 7.7x | -24.8x | 2.9x |
| Thu, 27 Feb 2025 | CA$4.8b | CA$1.7b | -CA$239,924,479.00 | 7.8x | -19.9x | 2.9x |
| Sat, 25 Jan 2025 | CA$4.4b | CA$1.7b | -CA$391,634,479.00 | 10.9x | -11.3x | 2.7x |
| Mon, 23 Dec 2024 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11.3x | -11.4x | 2.7x |
| Wed, 20 Nov 2024 | CA$5.1b | CA$1.8b | -CA$398,329,474.00 | 10.4x | -12.9x | 2.9x |
| Fri, 18 Oct 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.4x | -11.6x | 2.9x |
| Sun, 15 Sep 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.2x | -11.7x | 2.9x |
| Tue, 13 Aug 2024 | CA$4.7b | CA$1.8b | -CA$242,052,459.00 | 8.5x | -19.5x | 2.6x |
| Thu, 11 Jul 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13.1x | 2.5x |
| Sat, 08 Jun 2024 | CA$4.6b | CA$1.8b | -CA$341,683,846.00 | 8x | -13.5x | 2.6x |
| Mon, 06 May 2024 | CA$4.5b | CA$1.8b | -CA$259,777,117.00 | 7.6x | -17.5x | 2.5x |
| Wed, 03 Apr 2024 | CA$4.6b | CA$1.8b | -CA$236,724,569.00 | 7.6x | -19.3x | 2.5x |
| Fri, 01 Mar 2024 | CA$4.4b | CA$1.9b | -CA$282,235,636.00 | 9.4x | -15.7x | 2.3x |
| Sun, 28 Jan 2024 | CA$4.9b | CA$1.9b | -CA$454,597,636.00 | 8.7x | -10.8x | 2.5x |
| Tue, 26 Dec 2023 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.7x | -10.5x | 2.5x |
| Thu, 23 Nov 2023 | CA$4.5b | CA$1.9b | -CA$459,992,470.00 | 7.6x | -9.9x | 2.4x |
| Sat, 21 Oct 2023 | CA$4.4b | CA$1.8b | -CA$571,335,299.00 | 6.9x | -7.7x | 2.5x |
| Mon, 18 Sep 2023 | CA$5.1b | CA$1.8b | -CA$571,335,299.00 | 7.6x | -8.9x | 2.9x |
| Wed, 16 Aug 2023 | CA$5.0b | CA$1.9b | -CA$574,470,896.00 | 7.7x | -8.7x | 2.7x |
| Fri, 14 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.6x | 2.7x |
| Sun, 11 Jun 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.7x | 2.7x |
| Tue, 09 May 2023 | CA$5.4b | CA$1.9b | CA$855.0m | 3.6x | 6.4x | 2.8x |
| Thu, 06 Apr 2023 | CA$5.8b | CA$1.9b | CA$880.7m | 4x | 6.6x | 3x |
| Sat, 04 Mar 2023 | CA$6.3b | CA$1.9b | CA$960.4m | 4.1x | 6.6x | 3.3x |
| Mon, 30 Jan 2023 | CA$6.4b | CA$2.0b | CA$1.6b | 5.5x | 4x | 3.2x |
Price to Earnings Ratio
4x
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 | 0.33% | |
| Real Estate | -0.84% | |
| REITS | -1.40% | |
| Diversified REITs | -1.40% | |
| Healthcare REITs | 0.36% | |
| Specialized REITs | -0.088% | |
| Retail REITs | -0.18% | |
| Office REITs | -0.61% | |
| Residential REITs | -0.99% | |
| Hotel and Resort REITs | -1.11% | |
| Industrial REITs | -1.36% | |
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$6.64 | 4.2% +CA$17.9m | 19.6% | PB0.5x | |
| BTB.UN BTB Real Estate Investment Trust | CA$4.26 | 0.8% +CA$3.1m | 27.0% | PB0.8x | |
| FCD.UN Firm Capital Property Trust | CA$6.12 | 0.7% +CA$1.5m | 6.8% | PB0.7x |