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Canadian (TSX) Industrial REITs Industry Analysis

UpdatedJul 27, 2026
DataAggregated Company Financials
Companies4
  • 7D-1.3%
  • 3M6.5%
  • 1Y26.7%
  • YTDn/a

Over the last 7 days, the Industrial REITs industry has dropped 1.3%, driven by pullbacks from every company within the industry. In the past year, the industry has gained 27%. Looking forward, earnings are forecast to grow by 8.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Jul 2026CA$11.7bCA$1.4bCA$676.6m14.5x17.3x8.1x
Wed, 24 Jun 2026CA$11.0bCA$1.4bCA$676.6m12.4x16.2x7.6x
Fri, 22 May 2026CA$10.9bCA$1.4bCA$676.6m12.5x16.1x7.5x
Sun, 19 Apr 2026CA$10.8bCA$1.4bCA$607.3m14.3x17.8x7.6x
Tue, 17 Mar 2026CA$10.1bCA$1.4bCA$607.3m13.2x16.6x7.1x
Thu, 12 Feb 2026CA$10.5bCA$1.4bCA$653.9m13.4x16.1x7.5x
Sat, 10 Jan 2026CA$10.1bCA$1.4bCA$653.9m13.5x15.5x7.2x
Mon, 08 Dec 2025CA$9.3bCA$1.4bCA$653.9m12.5x14.2x6.6x
Wed, 05 Nov 2025CA$9.5bCA$1.4bCA$606.5m15.2x15.6x6.8x
Fri, 03 Oct 2025CA$9.5bCA$1.4bCA$606.5m15.6x15.7x6.9x
Sun, 31 Aug 2025CA$9.5bCA$1.4bCA$606.5m15.3x15.6x6.8x
Tue, 29 Jul 2025CA$9.1bCA$1.4bCA$655.1m13.8x13.8x6.6x
Thu, 26 Jun 2025CA$8.6bCA$1.4bCA$655.1m12.8x13.2x6.3x
Sat, 24 May 2025CA$8.1bCA$1.4bCA$655.1m12.4x12.4x5.9x
Mon, 21 Apr 2025CA$8.0bCA$1.4bCA$713.5m11.1x11.2x5.9x
Wed, 19 Mar 2025CA$8.6bCA$1.4bCA$713.5m12.1x12.1x6.4x
Fri, 14 Feb 2025CA$8.6bCA$1.3bCA$493.0m18.4x17.5x6.6x
Sun, 12 Jan 2025CA$8.7bCA$1.3bCA$493.0m18.3x17.6x6.6x
Tue, 10 Dec 2024CA$9.3bCA$1.3bCA$493.0m19.7x18.8x7.1x
Thu, 07 Nov 2024CA$9.4bCA$1.2bCA$573.8m20.2x16.4x7.9x
Sat, 05 Oct 2024CA$4.8bCA$647.9mCA$344.1m12.6x14.1x7.5x
Mon, 02 Sep 2024CA$9.5bCA$1.2bCA$573.8m20.9x16.6x8x
Wed, 31 Jul 2024CA$9.3bCA$1.2bCA$612.6m19.3x15.2x8x
Fri, 28 Jun 2024CA$8.4bCA$1.2bCA$612.6m17.7x13.7x7.2x
Sun, 26 May 2024CA$8.6bCA$1.2bCA$612.6m17.7x14x7.3x
Tue, 23 Apr 2024CA$8.6bCA$1.1bCA$401.0m32x21.4x7.7x
Thu, 21 Mar 2024CA$9.1bCA$1.1bCA$401.0m33.3x22.7x8.1x
Sat, 17 Feb 2024CA$9.4bCA$1.1bCA$224.3m19.7x42x8.4x
Mon, 15 Jan 2024CA$14.1bCA$1.3bCA$1.0b5.4x13.8x10.4x
Wed, 13 Dec 2023CA$13.6bCA$1.3bCA$1.0b5.4x13.3x10.1x
Fri, 10 Nov 2023CA$12.8bCA$1.3bCA$984.1m5.4x13x9.5x
Sun, 08 Oct 2023CA$13.4bCA$1.3bCA$932.9m5.4x14.4x10.3x
Tue, 05 Sep 2023CA$14.0bCA$1.3bCA$932.9m5.4x15x10.7x
Thu, 03 Aug 2023CA$14.0bCA$1.3bCA$750.5m5.4x18.7x11x
Price to Earnings Ratio

18.7x


Total Market Cap: CA$14.0bTotal Earnings: CA$750.5mTotal Revenue: CA$1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Industrial REITs Industry Price to Earnings3Y Average 16.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Canadian Industrial 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 PE ratio of 16.3x.
  • The industry is trading close to its 3-year average PS ratio of 7.7x.
Past Earnings Growth
  • The earnings for companies in the Industrial REITs industry have declined 3.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.3% 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 Industrial REITs compare with similar industries?

CA Market0.56%
Real Estate-1.58%
REITS0.41%
Industrial REITs-1.29%
Healthcare REITs4.12%
Office REITs1.93%
Diversified REITs0.41%
Residential REITs0.16%
Specialized REITs0%0
Retail REITs-1.58%
Hotel and Resort REITs-8.89%
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
No data available

Latest News

DIR.UN
CA$14.65
Dream Industrial Real Estate Investment Trust
7D
-0.5%
1Y
25.2%
PRV.UN
CA$7.22
Pro Real Estate Investment Trust
7D
-0.4%
1Y
25.6%
GRT.UN
CA$97.66
Granite Real Estate Investment Trust
7D
-1.8%
1Y
34.0%
NXR.UN
CA$8.24
Nexus Industrial REIT
7D
-1.3%
1Y
5.1%