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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedMay 31, 2025
DataAggregated Company Financials
Companies6
- 7D4.2%
- 3M2.1%
- 1Y12.8%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has risen 5.0%, driven by gains from every company within the industry. This means that the industry has gained 15% over the past year. 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 |
|---|---|---|---|---|---|---|
| Sat, 31 May 2025 | CA$4.7b | CA$1.6b | -CA$195,408,672.00 | 7.9x | -24.1x | 3x |
| Mon, 28 Apr 2025 | CA$4.5b | CA$1.6b | -CA$160,113,792.00 | 7.7x | -27.9x | 2.9x |
| Wed, 26 Mar 2025 | CA$4.7b | CA$1.6b | -CA$189,655,274.00 | 7.8x | -25x | 2.9x |
| Fri, 21 Feb 2025 | CA$4.8b | CA$1.7b | -CA$257,037,479.00 | 11.3x | -18.7x | 2.9x |
| Sun, 19 Jan 2025 | CA$4.4b | CA$1.7b | -CA$391,634,479.00 | 11.1x | -11.3x | 2.7x |
| Tue, 17 Dec 2024 | CA$4.6b | CA$1.7b | -CA$391,634,479.00 | 11.3x | -11.7x | 2.7x |
| Thu, 14 Nov 2024 | CA$5.2b | CA$1.8b | -CA$390,393,474.00 | 10.4x | -13.3x | 2.9x |
| Sat, 12 Oct 2024 | CA$5.4b | CA$1.9b | -CA$474,273,724.00 | 9.1x | -11.3x | 2.9x |
| Mon, 09 Sep 2024 | CA$5.2b | CA$1.9b | -CA$474,273,724.00 | 8.8x | -10.9x | 2.7x |
| Wed, 07 Aug 2024 | CA$4.7b | CA$1.8b | -CA$338,765,846.00 | 7.9x | -13.8x | 2.6x |
| Fri, 05 Jul 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13.2x | 2.5x |
| Sun, 02 Jun 2024 | CA$4.6b | CA$1.8b | -CA$341,683,846.00 | 8.1x | -13.4x | 2.5x |
| Tue, 30 Apr 2024 | CA$4.5b | CA$1.8b | -CA$243,799,117.00 | 7.5x | -18.6x | 2.5x |
| Thu, 28 Mar 2024 | CA$4.6b | CA$1.8b | -CA$236,724,569.00 | 7.5x | -19.3x | 2.5x |
| Sat, 24 Feb 2024 | CA$4.6b | CA$1.9b | -CA$282,200,636.00 | 9.7x | -16.2x | 2.4x |
| Mon, 22 Jan 2024 | CA$4.9b | CA$1.9b | -CA$454,597,636.00 | 8.6x | -10.7x | 2.5x |
| Wed, 20 Dec 2023 | CA$4.7b | CA$1.9b | -CA$454,597,636.00 | 7.7x | -10.3x | 2.4x |
| Fri, 17 Nov 2023 | CA$4.5b | CA$1.9b | -CA$451,710,470.00 | 6.6x | -9.9x | 2.3x |
| Sun, 15 Oct 2023 | CA$4.5b | CA$1.8b | -CA$571,335,299.00 | 7x | -7.9x | 2.5x |
| Tue, 12 Sep 2023 | CA$5.0b | CA$1.8b | -CA$571,335,299.00 | 7.4x | -8.7x | 2.8x |
| Thu, 10 Aug 2023 | CA$5.2b | CA$1.7b | -CA$392,391,896.00 | 6.3x | -13.2x | 3x |
| Sat, 08 Jul 2023 | CA$5.0b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.4x | 2.6x |
| Mon, 05 Jun 2023 | CA$5.2b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.9x | 2.7x |
| Wed, 03 May 2023 | CA$5.5b | CA$1.9b | CA$844.8m | 3.6x | 6.5x | 2.8x |
| Fri, 31 Mar 2023 | CA$5.9b | CA$1.9b | CA$880.7m | 4x | 6.7x | 3.1x |
| Sun, 26 Feb 2023 | CA$6.3b | CA$1.9b | CA$1.2b | 4.7x | 5.4x | 3.4x |
| Tue, 24 Jan 2023 | CA$6.4b | CA$2.0b | CA$1.6b | 5.4x | 4x | 3.2x |
| Thu, 22 Dec 2022 | CA$6.0b | CA$2.0b | CA$1.6b | 5.1x | 3.8x | 3x |
| Sat, 19 Nov 2022 | CA$6.1b | CA$2.0b | CA$1.6b | 5.1x | 3.8x | 3.1x |
| Mon, 17 Oct 2022 | CA$5.5b | CA$2.1b | CA$2.0b | 4.1x | 2.7x | 2.6x |
| Wed, 14 Sep 2022 | CA$6.4b | CA$2.1b | CA$2.0b | 4.4x | 3.2x | 3.1x |
| Fri, 12 Aug 2022 | CA$6.9b | CA$2.1b | CA$2.1b | 4.5x | 3.3x | 3.2x |
| Sun, 10 Jul 2022 | CA$6.6b | CA$2.0b | CA$2.2b | 4.8x | 2.9x | 3.4x |
| Tue, 07 Jun 2022 | CA$7.4b | CA$2.0b | CA$2.2b | 5.4x | 3.3x | 3.8x |
Price to Earnings Ratio
3.3x
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 7.5% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | 0.93% | |
| Real Estate | 3.35% | |
| REITS | 4.19% | |
| Diversified REITs | 4.19% | |
| Residential REITs | 8.48% | |
| Office REITs | 5.28% | |
| Industrial REITs | 4.81% | |
| Healthcare REITs | 2.34% | |
| Retail REITs | 2.09% | |
| Specialized REITs | 1.11% | |
| Hotel and Resort REITs | -12.00% | |
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$10.43 | 6.0% +CA$154.9m | 13.4% | PB0.5x | |
| AX.UN Artis Real Estate Investment Trust | CA$7.19 | 1.4% +CA$9.8m | 10.8% | PB0.5x | |
| BTB.UN BTB Real Estate Investment Trust | CA$3.59 | 1.7% +CA$5.3m | 10.5% | PB0.6x | |
| FCD.UN Firm Capital Property Trust | CA$6.10 | 1.7% +CA$3.7m | 21.3% | PB0.7x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$5.39 | 2.1% +CA$2.3m | 10.0% | PB0.8x |