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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedJul 20, 2025
DataAggregated Company Financials
Companies6
- 7D-1.3%
- 3M18.2%
- 1Y20.7%
- 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 2.4%. This takes the industry's 12 month performance to a gain of 21%. 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 |
|---|---|---|---|---|---|---|
| Sun, 20 Jul 2025 | CA$4.9b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -25.1x | 3.2x |
| Tue, 17 Jun 2025 | CA$4.8b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.5x | 3.1x |
| Thu, 15 May 2025 | CA$4.6b | CA$1.5b | -CA$120,567,826.00 | 7.8x | -38.1x | 3x |
| Sat, 12 Apr 2025 | CA$4.4b | CA$1.6b | -CA$190,710,792.00 | 7.2x | -22.8x | 2.7x |
| Mon, 10 Mar 2025 | CA$4.8b | CA$1.7b | -CA$174,109,479.00 | 7.8x | -27.4x | 2.8x |
| Wed, 05 Feb 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11x | -11.4x | 2.7x |
| Fri, 03 Jan 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11x | -11.4x | 2.7x |
| Sun, 01 Dec 2024 | CA$5.1b | CA$1.8b | -CA$391,286,479.00 | 12.9x | -12.9x | 2.9x |
| Tue, 29 Oct 2024 | CA$5.4b | CA$1.9b | -CA$474,273,724.00 | 9.6x | -11.4x | 2.9x |
| Thu, 26 Sep 2024 | CA$5.6b | CA$1.9b | -CA$474,273,724.00 | 9.2x | -11.7x | 3x |
| Sat, 24 Aug 2024 | CA$4.8b | CA$1.6b | -CA$476,794,956.00 | 9.1x | -10.1x | 2.9x |
| Mon, 22 Jul 2024 | CA$4.7b | CA$1.8b | -CA$341,683,846.00 | 8.1x | -13.7x | 2.6x |
| Wed, 19 Jun 2024 | CA$4.5b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13.1x | 2.5x |
| Fri, 17 May 2024 | CA$4.7b | CA$1.8b | -CA$335,752,067.00 | 6.9x | -14x | 2.6x |
| Sun, 14 Apr 2024 | CA$4.6b | CA$1.8b | -CA$243,799,117.00 | 7.5x | -18.8x | 2.5x |
| Tue, 12 Mar 2024 | CA$4.5b | CA$1.8b | -CA$241,919,636.00 | 9.6x | -18.4x | 2.5x |
| Thu, 08 Feb 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 8.5x | -10.5x | 2.5x |
| Sat, 06 Jan 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 8.1x | -10.6x | 2.5x |
| Mon, 04 Dec 2023 | CA$4.5b | CA$1.9b | -CA$454,597,636.00 | 7.7x | -9.9x | 2.3x |
| Wed, 01 Nov 2023 | CA$4.3b | CA$1.8b | -CA$552,721,299.00 | 6.8x | -7.8x | 2.4x |
| Fri, 29 Sep 2023 | CA$4.6b | CA$1.8b | -CA$571,335,299.00 | 7x | -8.1x | 2.6x |
| Sun, 27 Aug 2023 | CA$5.1b | CA$1.8b | -CA$571,335,299.00 | 7.6x | -8.9x | 2.8x |
| Tue, 25 Jul 2023 | CA$5.2b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.9x | 2.7x |
| Thu, 22 Jun 2023 | CA$5.0b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.4x | 2.6x |
| Sat, 20 May 2023 | CA$5.1b | CA$1.9b | -CA$311,002,436.00 | 3.9x | -16.5x | 2.6x |
| Mon, 17 Apr 2023 | CA$5.8b | CA$1.9b | CA$889.9m | 3.8x | 6.5x | 3x |
| Wed, 15 Mar 2023 | CA$6.1b | CA$1.9b | CA$954.0m | 4x | 6.4x | 3.2x |
| Fri, 10 Feb 2023 | CA$6.3b | CA$2.0b | CA$1.6b | 5.3x | 3.9x | 3.1x |
| Sun, 08 Jan 2023 | CA$6.1b | CA$2.0b | CA$1.6b | 5.4x | 3.8x | 3.1x |
| Tue, 06 Dec 2022 | CA$6.1b | CA$2.0b | CA$1.6b | 5.3x | 3.8x | 3.1x |
| Thu, 03 Nov 2022 | CA$5.7b | CA$2.1b | CA$2.0b | 4.3x | 2.9x | 2.7x |
| Sat, 01 Oct 2022 | CA$5.5b | CA$2.1b | CA$2.0b | 4.1x | 2.7x | 2.6x |
| Mon, 29 Aug 2022 | CA$6.5b | CA$2.1b | CA$2.0b | 4.4x | 3.2x | 3.1x |
| Wed, 27 Jul 2022 | CA$6.8b | CA$2.0b | CA$2.2b | 4.9x | 3x | 3.5x |
Price to Earnings Ratio
3x
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 3.2x.
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 | 0.73% | |
| Real Estate | 0.35% | |
| REITS | -1.26% | |
| Diversified REITs | -1.26% | |
| Hotel and Resort REITs | 2.96% | |
| Retail REITs | 0.49% | |
| Residential REITs | 0.10% | |
| Specialized REITs | -0.17% | |
| Industrial REITs | -0.43% | |
| Healthcare REITs | -1.01% | |
| Office REITs | -1.15% | |
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$7.73 | 1.7% +CA$12.6m | 15.9% | PB0.5x | |
| FCD.UN Firm Capital Property Trust | CA$6.03 | 0.8% +CA$1.8m | 12.5% | PB0.7x |