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Canadian (TSX) Healthcare REITs Industry Analysis

UpdatedFeb 22, 2024
DataAggregated Company Financials
Companies1
  • 7D5.2%
  • 3M-0.2%
  • 1Y-54.0%
  • YTDn/a

All of the companies in the Healthcare REITs industry have been up over the last week, with the industry up 1.4%. In the past year, the industry is down 55%. As for the next few years, earnings are expected to grow by 119% per annum.

Industry Valuation and Performance

Has the Canadian Healthcare REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 Feb 2024CA$1.1bCA$500.3m-CA$319,121,000.00n/a-3.4x2.1x
Sun, 21 Jan 2024CA$1.2bCA$500.3m-CA$319,121,000.00n/a-3.8x2.4x
Tue, 19 Dec 2023CA$1.2bCA$500.3m-CA$319,121,000.00n/a-3.7x2.3x
Thu, 16 Nov 2023CA$1.1bCA$500.3m-CA$319,121,000.00n/a-3.4x2.2x
Sat, 14 Oct 2023CA$1.1bCA$484.6m-CA$231,679,000.00n/a-4.8x2.3x
Mon, 11 Sep 2023CA$1.6bCA$484.6m-CA$231,679,000.00n/a-7.1x3.4x
Wed, 09 Aug 2023CA$1.7bCA$525.0m-CA$129,140,000.00n/a-13.3x3.3x
Fri, 07 Jul 2023CA$1.5bCA$525.0m-CA$129,140,000.00n/a-11.9x2.9x
Sun, 04 Jun 2023CA$1.8bCA$525.0m-CA$129,140,000.00n/a-14.2x3.5x
Tue, 02 May 2023CA$2.0bCA$490.1mCA$58.3m33.8x34x4x
Thu, 30 Mar 2023CA$2.1bCA$530.9mCA$275.7m7.5x7.6x3.9x
Tue, 14 Feb 2023CA$2.4bCA$530.9mCA$275.7m8.5x8.6x4.5x
Thu, 12 Jan 2023CA$2.4bCA$530.9mCA$275.7m8.7x8.8x4.6x
Sat, 10 Dec 2022CA$2.4bCA$530.9mCA$275.7m8.6x8.7x4.5x
Mon, 07 Nov 2022CA$2.6bCA$521.0mCA$407.6m6.4x6.4x5x
Wed, 05 Oct 2022CA$2.6bCA$521.0mCA$407.6m6.4x6.4x5x
Fri, 02 Sep 2022CA$3.0bCA$521.0mCA$407.6m7.2x7.3x5.7x
Sun, 31 Jul 2022CA$3.1bCA$518.0mCA$421.6m7.4x7.5x6.1x
Tue, 28 Jun 2022CA$2.9bCA$518.0mCA$421.6m6.9x6.9x5.6x
Thu, 26 May 2022CA$3.1bCA$518.0mCA$421.6m7.3x7.4x6x
Sat, 23 Apr 2022CA$3.3bCA$503.2mCA$386.9m8.5x8.5x6.5x
Mon, 21 Mar 2022CA$3.2bCA$503.2mCA$386.9m8.4x8.4x6.4x
Wed, 16 Feb 2022CA$2.9bCA$482.7mCA$417.6m7x7x6.1x
Fri, 14 Jan 2022CA$3.0bCA$482.7mCA$417.6m7.2x7.2x6.2x
Sun, 12 Dec 2021CA$3.0bCA$482.7mCA$417.6m7.1x7.1x6.1x
Tue, 09 Nov 2021CA$3.0bCA$478.1mCA$302.4m9.8x9.8x6.2x
Thu, 07 Oct 2021CA$2.8bCA$478.1mCA$302.4m9.4x9.4x5.9x
Sat, 04 Sep 2021CA$2.9bCA$478.1mCA$302.4m9.6x9.6x6.1x
Mon, 02 Aug 2021CA$2.8bCA$478.1mCA$302.4m9.3x9.3x5.9x
Thu, 06 May 2021CA$2.5bCA$437.0mCA$259.6m9.7x9.7x5.8x
Price to Earnings Ratio

10.3x


Total Market Cap: CA$2.4bTotal Earnings: CA$234.5mTotal Revenue: CA$439.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare REITs Industry Price to Earnings3Y Average 5x202220232024
Current Industry PE
    There is only one company in the Canadian Health Care REITs industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Health Care REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 4.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Healthcare REITs compare with similar industries?

CA Market1.56%
Real Estate0.38%
REITS-0.33%
Healthcare REITs5.18%
Hotel and Resort REITs4.38%
Specialized REITs2.20%
Residential REITs2.01%
Office REITs1.08%
Retail REITs0.68%
Diversified REITs-0.33%
Industrial REITs-0.42%
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?

CompanyLast Price7D1YValuation
NWH.UN NorthWest Healthcare Properties Real Estate Investment TrustCA$4.430.9%
+CA$9.7m
-54.7%PB0.5x
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