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Canadian (TSX) Diversified REITs Industry Analysis
UpdatedApr 12, 2026
DataAggregated Company Financials
Companies5
- 7D3.4%
- 3M-4.4%
- 1Y14.8%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has risen 3.4%, driven by gains from every company within the industry. In the last 12 months, the industry was up 15%. 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, 12 Apr 2026 | CA$4.0b | CA$1.3b | -CA$743,365,441.00 | 9.1x | -5.4x | 3x |
| Tue, 10 Mar 2026 | CA$4.0b | CA$1.3b | -CA$753,336,722.00 | 11.8x | -5.4x | 3x |
| Thu, 05 Feb 2026 | CA$4.2b | CA$1.3b | -CA$379,898,722.00 | 9.3x | -11x | 3.1x |
| Sat, 03 Jan 2026 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.6x | -10.5x | 3x |
| Mon, 01 Dec 2025 | CA$4.0b | CA$1.3b | -CA$379,898,722.00 | 8.4x | -10.5x | 2.9x |
| Wed, 29 Oct 2025 | CA$4.9b | CA$1.4b | -CA$110,680,261.00 | 9.2x | -44.6x | 3.6x |
| Fri, 26 Sep 2025 | CA$5.0b | CA$1.4b | -CA$110,680,261.00 | 8.7x | -44.9x | 3.6x |
| Sun, 24 Aug 2025 | CA$5.1b | CA$1.4b | -CA$110,680,261.00 | 8.6x | -46.5x | 3.7x |
| Tue, 22 Jul 2025 | CA$5.1b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -26.2x | 3.3x |
| Thu, 19 Jun 2025 | CA$4.8b | CA$1.6b | -CA$195,408,672.00 | 7.8x | -24.5x | 3.1x |
| Sat, 17 May 2025 | CA$4.6b | CA$1.5b | -CA$195,457,672.00 | 7.8x | -23.3x | 3x |
| Mon, 14 Apr 2025 | CA$4.3b | CA$1.6b | -CA$190,710,792.00 | 7.2x | -22.7x | 2.6x |
| Wed, 12 Mar 2025 | CA$4.7b | CA$1.7b | -CA$174,109,479.00 | 7.6x | -27x | 2.7x |
| Fri, 07 Feb 2025 | CA$4.6b | CA$1.7b | -CA$391,634,479.00 | 11.1x | -11.8x | 2.8x |
| Sun, 05 Jan 2025 | CA$4.5b | CA$1.7b | -CA$391,634,479.00 | 11x | -11.6x | 2.7x |
| Tue, 03 Dec 2024 | CA$4.7b | CA$1.7b | -CA$391,634,479.00 | 11.3x | -12.1x | 2.8x |
| Thu, 31 Oct 2024 | CA$5.4b | CA$1.9b | -CA$474,273,724.00 | 9.4x | -11.3x | 2.9x |
| Sat, 28 Sep 2024 | CA$5.6b | CA$1.9b | -CA$474,273,724.00 | 9.3x | -11.8x | 3x |
| Mon, 26 Aug 2024 | CA$4.7b | CA$1.6b | -CA$474,273,724.00 | 8.9x | -9.8x | 2.9x |
| Wed, 24 Jul 2024 | CA$4.7b | CA$1.8b | -CA$341,683,846.00 | 8.2x | -13.8x | 2.6x |
| Fri, 21 Jun 2024 | CA$4.4b | CA$1.8b | -CA$341,683,846.00 | 7.9x | -13x | 2.5x |
| Sun, 19 May 2024 | CA$4.7b | CA$1.8b | -CA$335,752,067.00 | 6.9x | -14x | 2.6x |
| Tue, 16 Apr 2024 | CA$4.5b | CA$1.8b | -CA$243,799,117.00 | 7.4x | -18.6x | 2.5x |
| Thu, 14 Mar 2024 | CA$4.4b | CA$1.8b | -CA$243,773,556.00 | 9.8x | -18.1x | 2.4x |
| Sat, 10 Feb 2024 | CA$4.8b | CA$1.9b | -CA$454,597,636.00 | 8.6x | -10.5x | 2.5x |
| Mon, 08 Jan 2024 | CA$4.9b | CA$1.9b | -CA$454,597,636.00 | 8.1x | -10.7x | 2.5x |
| Wed, 06 Dec 2023 | CA$4.5b | CA$1.9b | -CA$454,597,636.00 | 7.7x | -10x | 2.4x |
| Fri, 03 Nov 2023 | CA$4.4b | CA$1.8b | -CA$552,721,299.00 | 7.1x | -8x | 2.5x |
| Sun, 01 Oct 2023 | CA$4.6b | CA$1.8b | -CA$571,335,299.00 | 7x | -8x | 2.6x |
| Tue, 29 Aug 2023 | CA$5.1b | CA$1.8b | -CA$571,335,299.00 | 7.6x | -8.9x | 2.8x |
| Thu, 27 Jul 2023 | CA$5.2b | CA$1.9b | -CA$306,275,316.00 | 3.9x | -16.9x | 2.7x |
| Sat, 24 Jun 2023 | CA$4.9b | CA$1.9b | -CA$306,275,316.00 | 3.8x | -16x | 2.6x |
| Mon, 22 May 2023 | CA$5.1b | CA$1.9b | -CA$309,784,436.00 | 3.9x | -16.5x | 2.7x |
| Wed, 19 Apr 2023 | CA$5.8b | CA$1.9b | CA$889.9m | 3.9x | 6.5x | 3x |
Price to Earnings Ratio
6.5x
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 | 2.05% | |
| Real Estate | 1.87% | |
| REITS | 3.43% | |
| Diversified REITs | 3.43% | |
| Healthcare REITs | 4.42% | |
| Industrial REITs | 3.57% | |
| Office REITs | 3.52% | |
| Retail REITs | 1.74% | |
| Hotel and Resort REITs | 1.22% | |
| Residential REITs | 0.031% | |
| Specialized REITs | -1.31% | |
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$10.31 | 4.0% +CA$105.8m | 12.9% | PB0.7x | |
| FCD.UN Firm Capital Property Trust | CA$6.32 | 3.6% +CA$8.1m | 11.3% | PB0.7x | |
| BTB.UN BTB Real Estate Investment Trust | CA$3.92 | 2.3% +CA$7.9m | 24.1% | PB0.7x | |
| MRT.UN Morguard Real Estate Investment Trust | CA$6.65 | 0.8% +CA$3.3m | 20.9% | PB0.5x | |
| NET.UN Canadian Net Real Estate Investment Trust | CA$6.29 | 2.1% +CA$2.7m | 21.7% | PB0.9x |