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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedMar 05, 2026
DataAggregated Company Financials
Companies5
- 7D-0.3%
- 3M4.4%
- 1Y6.0%
- YTDn/a
The Diversified REITs is pretty flat in the last 7 days, but Morguard Real Estate Investment Trust has stood out, gaining 6.1%. The past year has been better, since the industry has gained 6.6% in that time. 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, 05 Mar 2026 | CA$4.1b | CA$1.3b | -CA$753,336,722.00 | 11.9x | -5.4x | 3x |
| Sat, 31 Jan 2026 | CA$4.2b | CA$1.3b | -CA$379,898,722.00 | 9.4x | -11.1x | 3.1x |
| Mon, 29 Dec 2025 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.6x | -10.5x | 3x |
| Wed, 26 Nov 2025 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.4x | -10.5x | 3x |
| Fri, 24 Oct 2025 | CA$4.9b | CA$1.4b | -CA$110,680,261.00 | 9.1x | -44.6x | 3.6x |
| Sun, 21 Sep 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.7x | -46.1x | 3.7x |
| Tue, 19 Aug 2025 | CA$5.1b | CA$1.4b | -CA$118,247,644.00 | 8.6x | -42.8x | 3.7x |
| Thu, 17 Jul 2025 | CA$5.2b | CA$1.6b | -CA$195,408,672.00 | 7.9x | -26.5x | 3.3x |
| Sat, 14 Jun 2025 | CA$4.8b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.6x | 3.1x |
| Mon, 12 May 2025 | CA$4.5b | CA$1.5b | -CA$121,473,149.00 | 7.8x | -37x | 2.9x |
| Wed, 09 Apr 2025 | CA$4.4b | CA$1.6b | -CA$190,710,792.00 | 7x | -23.2x | 2.7x |
| Fri, 07 Mar 2025 | CA$4.8b | CA$1.7b | -CA$239,924,479.00 | 7.7x | -19.9x | 2.9x |
| Sun, 02 Feb 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11x | -11.5x | 2.7x |
| Tue, 31 Dec 2024 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 10.8x | -11.5x | 2.7x |
| Thu, 28 Nov 2024 | CA$5.0b | CA$1.8b | -CA$391,286,479.00 | 13x | -12.9x | 2.8x |
| Sat, 26 Oct 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.5x | -11.5x | 2.9x |
| Mon, 23 Sep 2024 | CA$5.5b | CA$1.9b | -CA$474,273,724.00 | 9.3x | -11.7x | 2.9x |
| Wed, 21 Aug 2024 | CA$4.7b | CA$1.6b | -CA$461,867,459.00 | 8.6x | -10.3x | 2.9x |
| Fri, 19 Jul 2024 | CA$4.7b | CA$1.8b | -CA$341,683,846.00 | 8.2x | -13.8x | 2.6x |
| Sun, 16 Jun 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13.2x | 2.5x |
| Tue, 14 May 2024 | CA$4.6b | CA$1.8b | -CA$277,230,117.00 | 8.1x | -16.5x | 2.5x |
| Thu, 11 Apr 2024 | CA$4.7b | CA$1.8b | -CA$243,799,117.00 | 7.7x | -19.4x | 2.6x |
| Sat, 09 Mar 2024 | CA$4.5b | CA$1.8b | -CA$241,919,636.00 | 9.6x | -18.5x | 2.5x |
| Mon, 05 Feb 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 8.6x | -10.6x | 2.5x |
| Wed, 03 Jan 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.8x | -10.6x | 2.5x |
| Fri, 01 Dec 2023 | CA$4.4b | CA$1.9b | -CA$454,597,636.00 | 7.5x | -9.7x | 2.3x |
| Sun, 29 Oct 2023 | CA$4.3b | CA$1.8b | -CA$552,721,299.00 | 6.9x | -7.8x | 2.4x |
| Tue, 26 Sep 2023 | CA$4.8b | CA$1.8b | -CA$571,335,299.00 | 7.4x | -8.4x | 2.7x |
| Thu, 24 Aug 2023 | CA$5.0b | CA$1.8b | -CA$570,336,305.00 | 7.6x | -8.8x | 2.8x |
| Sat, 22 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.8x | 2.7x |
| Mon, 19 Jun 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.8x | 2.7x |
| Wed, 17 May 2023 | CA$5.1b | CA$1.9b | -CA$311,002,436.00 | 4x | -16.5x | 2.6x |
| Fri, 14 Apr 2023 | CA$5.8b | CA$1.9b | CA$889.9m | 3.9x | 6.5x | 3x |
| Sun, 12 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 | -0.89% | |
| Real Estate | -0.16% | |
| REITS | -0.32% | |
| Diversified REITs | -0.32% | |
| Industrial REITs | 0.46% | |
| Healthcare REITs | 0.34% | |
| Retail REITs | 0.15% | |
| Residential REITs | 0.051% | |
| Office REITs | -0.11% | |
| Specialized REITs | -0.86% | |
| Hotel and Resort REITs | -8.78% | |
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$6.58 | 6.1% +CA$25.2m | 19.0% | PB0.5x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$6.27 | 4.2% +CA$5.1m | 20.3% | PB0.9x |