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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedSep 04, 2025
DataAggregated Company Financials
Companies6
- 7D-1.1%
- 3M8.2%
- 1Y8.1%
- YTDn/a
In the last week, Diversified REITs has been flat. As for the the longer term, the industry is up 10% over the past 12 months. Earnings are forecast to grow by 99% 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, 04 Sep 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.5x | -45.8x | 3.7x |
| Sat, 02 Aug 2025 | CA$5.0b | CA$1.5b | -CA$194,880,672.00 | 7.9x | -25.6x | 3.2x |
| Mon, 30 Jun 2025 | CA$4.6b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -23.4x | 2.9x |
| Wed, 28 May 2025 | CA$4.5b | CA$1.6b | -CA$195,408,672.00 | 8x | -23.2x | 2.9x |
| Fri, 25 Apr 2025 | CA$4.6b | CA$1.6b | -CA$190,710,792.00 | 7.7x | -23.9x | 2.8x |
| Sun, 23 Mar 2025 | CA$4.7b | CA$1.6b | -CA$189,655,274.00 | 7.7x | -24.9x | 2.9x |
| Tue, 18 Feb 2025 | CA$4.7b | CA$1.7b | -CA$257,037,479.00 | 11.2x | -18.4x | 2.8x |
| Thu, 16 Jan 2025 | CA$4.4b | CA$1.7b | -CA$391,634,479.00 | 10.8x | -11.2x | 2.6x |
| Sat, 14 Dec 2024 | CA$4.6b | CA$1.7b | -CA$391,634,479.00 | 11.3x | -11.8x | 2.8x |
| Mon, 11 Nov 2024 | CA$5.2b | CA$1.9b | -CA$333,296,474.00 | 10.4x | -15.6x | 2.7x |
| Wed, 09 Oct 2024 | CA$5.4b | CA$1.9b | -CA$474,273,724.00 | 9.1x | -11.4x | 2.9x |
| Fri, 06 Sep 2024 | CA$5.2b | CA$1.9b | -CA$474,273,724.00 | 8.8x | -10.9x | 2.7x |
| Sun, 04 Aug 2024 | CA$4.7b | CA$1.8b | -CA$338,765,846.00 | 7.9x | -13.8x | 2.6x |
| Tue, 02 Jul 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.8x | -13x | 2.5x |
| Thu, 30 May 2024 | CA$4.6b | CA$1.8b | -CA$341,683,846.00 | 8x | -13.4x | 2.5x |
| Sat, 27 Apr 2024 | CA$4.5b | CA$1.8b | -CA$243,799,117.00 | 7.6x | -18.6x | 2.5x |
| Mon, 25 Mar 2024 | CA$4.5b | CA$1.8b | -CA$236,724,569.00 | 7.5x | -19.1x | 2.5x |
| Wed, 21 Feb 2024 | CA$4.6b | CA$1.9b | -CA$282,200,636.00 | 9.9x | -16.4x | 2.5x |
| Fri, 19 Jan 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 8.5x | -10.6x | 2.5x |
| Sun, 17 Dec 2023 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 7.8x | -10.6x | 2.5x |
| Tue, 14 Nov 2023 | CA$4.4b | CA$1.9b | -CA$610,802,470.00 | 6.6x | -7.1x | 2.3x |
| Thu, 12 Oct 2023 | CA$4.6b | CA$1.8b | -CA$571,335,299.00 | 7.1x | -8.1x | 2.6x |
| Sat, 09 Sep 2023 | CA$5.0b | CA$1.8b | -CA$571,335,299.00 | 7.4x | -8.8x | 2.8x |
| Mon, 07 Aug 2023 | CA$5.1b | CA$2.1b | -CA$378,802,896.00 | 6.2x | -13.4x | 2.4x |
| Wed, 05 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.6x | 2.7x |
| Fri, 02 Jun 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.6x | 2.7x |
| Sun, 30 Apr 2023 | CA$5.6b | CA$1.9b | CA$844.8m | 3.7x | 6.6x | 2.9x |
| Tue, 28 Mar 2023 | CA$5.8b | CA$1.9b | CA$880.7m | 4x | 6.6x | 3x |
| Thu, 23 Feb 2023 | CA$6.4b | CA$1.9b | CA$1.2b | 4.7x | 5.4x | 3.4x |
| Sat, 21 Jan 2023 | CA$6.3b | CA$2.0b | CA$1.6b | 5.4x | 4x | 3.2x |
| Mon, 19 Dec 2022 | CA$6.0b | CA$2.0b | CA$1.6b | 5.1x | 3.8x | 3x |
| Wed, 16 Nov 2022 | CA$6.1b | CA$1.9b | CA$1.9b | 5.3x | 3.3x | 3.2x |
| Fri, 14 Oct 2022 | CA$5.5b | CA$2.1b | CA$2.0b | 4.1x | 2.7x | 2.6x |
| Sun, 11 Sep 2022 | CA$6.4b | CA$2.1b | CA$2.0b | 4.3x | 3.1x | 3x |
Price to Earnings Ratio
3.1x
Current Industry PE
- Investors are optimistic on the Canadian Diversified REITs industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.7x.
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 13% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | 1.04% | |
| Real Estate | -0.40% | |
| REITS | -1.07% | |
| Diversified REITs | -1.07% | |
| Hotel and Resort REITs | 1.64% | |
| Residential REITs | 1.48% | |
| Office REITs | 0.49% | |
| Healthcare REITs | 0.40% | |
| Retail REITs | 0.30% | |
| Industrial REITs | -1.77% | |
| Specialized REITs | -1.78% | |
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 | |
|---|---|---|---|---|---|
| AX.UN Artis Real Estate Investment Trust | CA$7.29 | 0.7% +CA$4.8m | -2.7% | PB0.5x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$5.60 | 0.2% +CA$206.0k | 0.7% | PB0.9x |