Have your own idea? Try our Stock Screener
Canadian (TSX) Diversified REITs Industry Analysis
UpdatedMar 02, 2026
DataAggregated Company Financials
Companies5
- 7D-1.3%
- 3M2.1%
- 1Y5.9%
- 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 2.2%. In the past year, the industry has gained 5.9%. 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 |
|---|---|---|---|---|---|---|
| Wed, 04 Mar 2026 | CA$4.0b | CA$1.3b | -CA$753,336,722.00 | 12x | -5.4x | 3x |
| Fri, 30 Jan 2026 | CA$4.2b | CA$1.3b | -CA$379,898,722.00 | 9.6x | -10.9x | 3.1x |
| Sun, 28 Dec 2025 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.6x | -10.5x | 3x |
| Tue, 25 Nov 2025 | CA$3.9b | CA$1.3b | -CA$379,898,722.00 | 8.3x | -10.2x | 2.9x |
| Thu, 23 Oct 2025 | CA$4.9b | CA$1.4b | -CA$110,680,261.00 | 9.1x | -44.6x | 3.6x |
| Sat, 20 Sep 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.7x | -46x | 3.7x |
| Mon, 18 Aug 2025 | CA$5.1b | CA$1.4b | -CA$118,247,644.00 | 8.5x | -42.8x | 3.7x |
| Wed, 16 Jul 2025 | CA$5.2b | CA$1.6b | -CA$195,408,672.00 | 7.9x | -26.6x | 3.3x |
| Fri, 13 Jun 2025 | CA$4.8b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.3x | 3.1x |
| Sun, 11 May 2025 | CA$4.5b | CA$1.5b | -CA$121,473,149.00 | 7.8x | -37x | 2.9x |
| Tue, 08 Apr 2025 | CA$4.6b | CA$1.6b | -CA$190,710,792.00 | 7.1x | -23.9x | 2.8x |
| Thu, 06 Mar 2025 | CA$4.7b | CA$1.7b | -CA$239,924,479.00 | 7.7x | -19.7x | 2.8x |
| Sat, 01 Feb 2025 | CA$4.6b | CA$1.7b | -CA$391,634,479.00 | 11x | -11.7x | 2.7x |
| Mon, 30 Dec 2024 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 10.9x | -11.5x | 2.7x |
| Wed, 27 Nov 2024 | CA$4.8b | CA$1.8b | -CA$391,286,479.00 | 12.9x | -12.3x | 2.7x |
| Fri, 25 Oct 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.5x | -11.5x | 2.9x |
| Sun, 22 Sep 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.3x | -11.7x | 2.9x |
| Tue, 20 Aug 2024 | CA$4.7b | CA$1.6b | -CA$461,867,459.00 | 8.8x | -10.3x | 2.9x |
| Thu, 18 Jul 2024 | CA$4.7b | CA$1.8b | -CA$341,683,846.00 | 8.1x | -13.7x | 2.6x |
| Sat, 15 Jun 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13.3x | 2.5x |
| Mon, 13 May 2024 | CA$4.6b | CA$1.8b | -CA$277,230,117.00 | 8x | -16.4x | 2.5x |
| Wed, 10 Apr 2024 | CA$4.6b | CA$1.8b | -CA$243,799,117.00 | 7.8x | -19x | 2.5x |
| Fri, 08 Mar 2024 | CA$4.5b | CA$1.8b | -CA$241,919,636.00 | 9.6x | -18.4x | 2.5x |
| Sun, 04 Feb 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 8.6x | -10.6x | 2.5x |
| Tue, 02 Jan 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.8x | -10.5x | 2.5x |
| Thu, 30 Nov 2023 | CA$4.5b | CA$1.9b | -CA$454,597,636.00 | 7.6x | -9.8x | 2.3x |
| Sat, 28 Oct 2023 | CA$4.3b | CA$1.8b | -CA$552,721,299.00 | 6.9x | -7.8x | 2.4x |
| Mon, 25 Sep 2023 | CA$4.9b | CA$1.8b | -CA$571,335,299.00 | 7.5x | -8.5x | 2.7x |
| Wed, 23 Aug 2023 | CA$5.0b | CA$1.9b | -CA$570,336,305.00 | 7.6x | -8.7x | 2.7x |
| Fri, 21 Jul 2023 | CA$5.2b | CA$1.9b | -CA$306,275,316.00 | 4x | -16.8x | 2.7x |
| Sun, 18 Jun 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.8x | 2.7x |
| Tue, 16 May 2023 | CA$5.2b | CA$1.9b | -CA$311,002,436.00 | 4x | -16.7x | 2.7x |
| Thu, 13 Apr 2023 | CA$5.8b | CA$1.9b | CA$889.9m | 3.9x | 6.5x | 3x |
| Sat, 11 Mar 2023 | CA$6.1b | CA$1.9b | CA$954.0m | 4x | 6.4x | 3.2x |
Price to Earnings Ratio
6.4x
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 11% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | 1.82% | |
| Real Estate | 1.02% | |
| REITS | -1.33% | |
| Diversified REITs | -1.33% | |
| Industrial REITs | 2.24% | |
| Retail REITs | 1.12% | |
| Specialized REITs | 0.95% | |
| Residential REITs | -0.76% | |
| Office REITs | -1.17% | |
| Healthcare REITs | -1.52% | |
| Hotel and Resort REITs | -2.82% | |
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$6.50 | 3.2% +CA$13.3m | 18.0% | PB0.5x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$6.18 | 3.0% +CA$3.7m | 17.7% | PB0.9x |