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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedJan 10, 2026
DataAggregated Company Financials
Companies5
- 7D5.0%
- 3M-0.5%
- 1Y17.2%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has risen 5.1%, driven by gains from H&R Real Estate Investment Trust of 6.8%. This means that the industry has gained 15% over the past year. As for the next few years, earnings are expected to grow by 103% 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, 10 Jan 2026 | CA$4.2b | CA$1.3b | -CA$379,898,722.00 | 8.9x | -11x | 3.1x |
| Mon, 08 Dec 2025 | CA$3.9b | CA$1.3b | -CA$379,898,722.00 | 8.4x | -10.2x | 2.9x |
| Wed, 05 Nov 2025 | CA$4.8b | CA$1.4b | -CA$117,556,261.00 | 7.9x | -40.6x | 3.5x |
| Fri, 03 Oct 2025 | CA$4.9b | CA$1.4b | -CA$110,680,261.00 | 8.9x | -44x | 3.5x |
| Sun, 31 Aug 2025 | CA$5.2b | CA$1.4b | -CA$110,680,261.00 | 8.6x | -46.5x | 3.7x |
| Tue, 29 Jul 2025 | CA$5.1b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -26x | 3.3x |
| Thu, 26 Jun 2025 | CA$4.8b | CA$1.6b | -CA$195,408,672.00 | 7.7x | -24.6x | 3.1x |
| Sat, 24 May 2025 | CA$4.5b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -22.9x | 2.9x |
| Mon, 21 Apr 2025 | CA$4.6b | CA$1.6b | -CA$190,710,792.00 | 7.6x | -24.2x | 2.8x |
| Wed, 19 Mar 2025 | CA$4.8b | CA$1.6b | -CA$187,099,479.00 | 7.7x | -25.6x | 2.9x |
| Fri, 14 Feb 2025 | CA$4.6b | CA$1.6b | -CA$257,037,479.00 | 11.2x | -17.9x | 2.9x |
| Sun, 12 Jan 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 10.9x | -11.4x | 2.7x |
| Tue, 10 Dec 2024 | CA$4.6b | CA$1.7b | -CA$391,634,479.00 | 11.3x | -11.7x | 2.7x |
| Thu, 07 Nov 2024 | CA$5.3b | CA$1.9b | -CA$480,656,724.00 | 12x | -11x | 2.8x |
| Sat, 05 Oct 2024 | CA$5.4b | CA$1.9b | -CA$474,273,724.00 | 9.1x | -11.5x | 2.9x |
| Mon, 02 Sep 2024 | CA$5.1b | CA$1.9b | -CA$474,273,724.00 | 8.6x | -10.7x | 2.7x |
| Wed, 31 Jul 2024 | CA$4.8b | CA$1.8b | -CA$341,683,846.00 | 8.2x | -14x | 2.6x |
| Fri, 28 Jun 2024 | CA$4.4b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -12.9x | 2.4x |
| Sun, 26 May 2024 | CA$4.6b | CA$1.8b | -CA$341,683,846.00 | 8.1x | -13.5x | 2.6x |
| Tue, 23 Apr 2024 | CA$4.6b | CA$1.8b | -CA$243,799,117.00 | 7.6x | -18.7x | 2.5x |
| Thu, 21 Mar 2024 | CA$4.5b | CA$1.8b | -CA$230,119,569.00 | 7.4x | -19.4x | 2.4x |
| Sat, 17 Feb 2024 | CA$4.7b | CA$1.9b | -CA$282,200,636.00 | 10x | -16.7x | 2.5x |
| Mon, 15 Jan 2024 | CA$4.9b | CA$1.9b | -CA$454,597,636.00 | 8.3x | -10.8x | 2.5x |
| Wed, 13 Dec 2023 | CA$4.4b | CA$1.9b | -CA$454,597,636.00 | 7.5x | -9.8x | 2.3x |
| Fri, 10 Nov 2023 | CA$4.5b | CA$1.9b | -CA$603,259,299.00 | 6.7x | -7.4x | 2.3x |
| Sun, 08 Oct 2023 | CA$4.5b | CA$1.8b | -CA$571,335,299.00 | 7x | -7.8x | 2.5x |
| Tue, 05 Sep 2023 | CA$5.1b | CA$1.8b | -CA$571,335,299.00 | 7.5x | -8.9x | 2.9x |
| Thu, 03 Aug 2023 | CA$5.1b | CA$1.9b | -CA$346,613,316.00 | 4.1x | -14.6x | 2.7x |
| Sat, 01 Jul 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.6x | 2.7x |
| Mon, 29 May 2023 | CA$5.1b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16.5x | 2.7x |
| Wed, 26 Apr 2023 | CA$5.6b | CA$1.9b | CA$889.9m | 3.7x | 6.3x | 2.9x |
| Fri, 24 Mar 2023 | CA$5.8b | CA$1.9b | CA$956.1m | 3.8x | 6x | 3x |
| Sun, 19 Feb 2023 | CA$6.5b | CA$1.9b | CA$1.2b | 4.8x | 5.5x | 3.5x |
| Tue, 17 Jan 2023 | CA$6.4b | CA$2.0b | CA$1.6b | 5.4x | 4x | 3.2x |
Price to Earnings Ratio
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 12% per year, which is driving profits down.
Industry Comparison
How does Canadian Diversified REITs compare with similar industries?
| CA Market | 1.91% | |
| Real Estate | 4.03% | |
| REITS | 4.99% | |
| Diversified REITs | 4.99% | |
| Healthcare REITs | 7.98% | |
| Residential REITs | 5.68% | |
| Industrial REITs | 4.20% | |
| Retail REITs | 3.82% | |
| Office REITs | 2.82% | |
| Specialized REITs | 2.45% | |
| Hotel and Resort REITs | -1.43% | |
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$11.00 | 6.8% +CA$183.8m | 17.8% | PB0.6x | |
| BTB.UN BTB Real Estate Investment Trust | CA$4.16 | 1.7% +CA$6.2m | 23.4% | PB0.7x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$5.84 | 3.7% +CA$4.3m | 13.8% | PB0.9x |