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Canadian (TSX) Retail REITs Industry Analysis

UpdatedSep 05, 2025
DataAggregated Company Financials
Companies9
  • 7D1.4%
  • 3M3.2%
  • 1Y1.5%
  • YTDn/a

In the last week, the Retail REITs industry is up 1.4%, with Choice Properties Real Estate Investment Trust up 3.6%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Sep 2025CA$34.4bCA$6.5bCA$1.2b17x29.1x5.3x
Sun, 03 Aug 2025CA$33.0bCA$6.5bCA$1.2b17.6x28.5x5.1x
Tue, 01 Jul 2025CA$33.4bCA$6.3bCA$1.8b17.6x18.9x5.3x
Thu, 29 May 2025CA$33.6bCA$6.3bCA$1.8b17.4x19x5.3x
Sat, 26 Apr 2025CA$32.5bCA$6.5bCA$2.0b16.5x16.4x5x
Mon, 24 Mar 2025CA$32.0bCA$6.5bCA$2.2b16.5x14.4x4.9x
Wed, 19 Feb 2025CA$32.2bCA$6.4bCA$1.9b17.4x16.9x5.1x
Fri, 17 Jan 2025CA$31.4bCA$6.3bCA$698.1m21.9x45x5x
Sun, 15 Dec 2024CA$32.4bCA$6.3bCA$697.6m23x46.5x5.2x
Tue, 12 Nov 2024CA$27.5bCA$6.3bCA$666.5m21.6x41.3x4.4x
Thu, 10 Oct 2024CA$27.9bCA$6.2bCA$1.3b21.4x21.1x4.5x
Sat, 07 Sep 2024CA$27.9bCA$6.2bCA$1.3b20.8x21.1x4.5x
Mon, 05 Aug 2024CA$25.9bCA$6.2bCA$1.3b19.2x19.3x4.2x
Wed, 03 Jul 2024CA$23.9bCA$6.2bCA$1.3b14.9x18.1x3.8x
Fri, 31 May 2024CA$24.0bCA$6.2bCA$1.3b15.3x18.2x3.9x
Sun, 28 Apr 2024CA$24.5bCA$6.1bCA$1.3b21.5x18.4x4x
Tue, 26 Mar 2024CA$25.5bCA$6.1bCA$1.5b22.5x17.5x4.2x
Thu, 22 Feb 2024CA$26.0bCA$6.1bCA$1.5b14.4x16.9x4.3x
Sat, 20 Jan 2024CA$26.1bCA$6.0bCA$1.5b18.3x18x4.4x
Mon, 18 Dec 2023CA$25.7bCA$6.0bCA$1.5b17.6x17.7x4.3x
Wed, 15 Nov 2023CA$23.7bCA$6.0bCA$1.5b16.9x16.3x4x
Fri, 13 Oct 2023CA$24.6bCA$5.7bCA$2.0b12.5x12.3x4.3x
Sun, 10 Sep 2023CA$24.7bCA$5.7bCA$2.0b13.8x12.3x4.3x
Tue, 08 Aug 2023CA$26.3bCA$5.7bCA$2.0b13.9x13.2x4.6x
Thu, 06 Jul 2023CA$26.2bCA$5.9bCA$1.4b12.3x18.4x4.5x
Sat, 03 Jun 2023CA$32.1bCA$5.9bCA$1.4b12.3x22.5x5.5x
Mon, 01 May 2023CA$33.9bCA$5.8bCA$1.8b8.4x19.4x5.8x
Wed, 29 Mar 2023CA$32.8bCA$5.8bCA$1.9b8.8x17.5x5.6x
Fri, 24 Feb 2023CA$35.5bCA$5.8bCA$1.9b12.9x18.5x6.1x
Sun, 22 Jan 2023CA$36.3bCA$6.0bCA$3.0b10.4x12x6.1x
Tue, 20 Dec 2022CA$34.1bCA$6.0bCA$3.0b9.6x11.3x5.7x
Thu, 17 Nov 2022CA$34.1bCA$6.0bCA$3.0b9.8x11.3x5.7x
Sat, 15 Oct 2022CA$31.0bCA$6.0bCA$3.1b9.6x9.9x5.2x
Mon, 12 Sep 2022CA$33.9bCA$6.0bCA$3.1b10.6x10.8x5.7x
Price to Earnings Ratio

10.8x


Total Market Cap: CA$33.9bTotal Earnings: CA$3.1bTotal Revenue: CA$6.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 19.4x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Retail REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 29.1x which is higher than its 3-year average PE of 19.4x.
  • The industry is trading close to its 3-year average PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.0% 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 Retail REITs compare with similar industries?

CA Market1.37%
Real Estate0.71%
REITS-1.32%
Retail REITs1.36%
Office REITs1.77%
Residential REITs1.21%
Healthcare REITs-0.40%
Specialized REITs-0.51%
Industrial REITs-0.62%
Hotel and Resort REITs-1.13%
Diversified REITs-1.32%
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
CHP.UN Choice Properties Real Estate Investment TrustCA$14.963.6%
+CA$170.6m		0.1%PB1.1x
CRT.UN CT Real Estate Investment TrustCA$16.371.6%
+CA$59.4m		5.6%PB2.1x
REI.UN RioCan Real Estate Investment TrustCA$18.460.6%
+CA$32.5m		-4.5%PB0.7x
FCR.UN First Capital Real Estate Investment TrustCA$19.270.5%
+CA$21.2m		8.1%PB1x
SGR.UN Slate Grocery REITCA$14.330.6%
+CA$4.7m		12.5%PB0.9x

Latest News

CRT.UN
CA$16.37
CT Real Estate Investment Trust
7D
1.6%
1Y
5.6%
CRR.UN
CA$15.00
Crombie Real Estate Investment Trust
7D
-0.3%
1Y
-0.7%
PLZ.UN
CA$4.17
Plaza Retail REIT
7D
-1.4%
1Y
13.0%
CHP.UN
CA$14.96
Choice Properties Real Estate Investment Trust
7D
3.6%
1Y
0.1%
REI.UN
CA$18.46
RioCan Real Estate Investment Trust
7D
0.6%
1Y
-4.5%
SRU.UN
CA$26.78
SmartCentres Real Estate Investment Trust
7D
-0.3%
1Y
3.2%
SGR.UN
CA$14.33
Slate Grocery REIT
7D
0.6%
1Y
12.5%
FCR.UN
CA$19.27
First Capital Real Estate Investment Trust
7D
0.5%
1Y
8.1%
PMZ.UN
CA$14.95
Primaris Real Estate Investment Trust
7D
0.07%
1Y
-1.2%