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Canadian (TSX) Retail REITs Industry Analysis

UpdatedJul 29, 2026
DataAggregated Company Financials
Companies9
  • 7D-0.4%
  • 3M6.6%
  • 1Y20.7%
  • YTDn/a

Over the last 7 days, the Retail REITs industry has remained flat. As for the the longer term, the industry is up 22% over the past 12 months. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 29 Jul 2026CA$40.4bCA$6.7bCA$2.2b15.8x18x6x
Fri, 26 Jun 2026CA$40.1bCA$6.8bCA$2.3b14.9x17.4x5.9x
Sun, 24 May 2026CA$39.1bCA$6.8bCA$2.3b14.3x17x5.8x
Tue, 21 Apr 2026CA$38.8bCA$6.6bCA$2.0b16.8x19.7x5.9x
Thu, 19 Mar 2026CA$37.1bCA$6.6bCA$2.0b15.9x18.8x5.6x
Sat, 14 Feb 2026CA$36.5bCA$6.6bCA$2.8b15.7x13.2x5.6x
Mon, 12 Jan 2026CA$36.6bCA$6.5bCA$2.0b15.8x18.5x5.6x
Wed, 10 Dec 2025CA$34.5bCA$6.5bCA$2.0b15x17.4x5.3x
Fri, 07 Nov 2025CA$34.5bCA$6.5bCA$2.2b16.4x16x5.3x
Sun, 05 Oct 2025CA$35.1bCA$6.5bCA$1.2b17.2x29.7x5.4x
Tue, 02 Sep 2025CA$34.3bCA$6.5bCA$1.2b17x29.1x5.3x
Thu, 31 Jul 2025CA$33.4bCA$6.4bCA$1.1b17.7x29.1x5.2x
Sat, 28 Jun 2025CA$33.2bCA$6.3bCA$1.8b17.6x18.8x5.2x
Mon, 26 May 2025CA$32.9bCA$6.3bCA$1.8b17x18.6x5.2x
Wed, 23 Apr 2025CA$32.2bCA$6.5bCA$2.2b16.5x14.5x5x
Fri, 21 Mar 2025CA$32.1bCA$6.5bCA$2.2b16.5x14.5x5x
Sun, 16 Feb 2025CA$32.2bCA$6.3bCA$1.9b17.4x16.9x5.1x
Tue, 14 Jan 2025CA$31.3bCA$6.3bCA$698.1m22x44.8x4.9x
Thu, 12 Dec 2024CA$32.5bCA$6.3bCA$697.4m23.3x46.6x5.2x
Sat, 09 Nov 2024CA$27.7bCA$6.3bCA$664.7m21.7x41.7x4.4x
Mon, 07 Oct 2024CA$28.4bCA$6.2bCA$1.3b21.6x21.5x4.6x
Wed, 04 Sep 2024CA$27.4bCA$6.2bCA$1.3b20.5x20.7x4.4x
Fri, 02 Aug 2024CA$25.8bCA$6.2bCA$1.4b16x19.1x4.1x
Sun, 30 Jun 2024CA$23.9bCA$6.2bCA$1.3b14.8x18.1x3.8x
Tue, 28 May 2024CA$24.5bCA$6.2bCA$1.3b15.4x18.6x3.9x
Thu, 25 Apr 2024CA$24.7bCA$6.1bCA$1.5b21.5x16.9x4.1x
Sat, 23 Mar 2024CA$25.5bCA$6.1bCA$1.5b22.6x17.5x4.2x
Mon, 19 Feb 2024CA$26.0bCA$6.1bCA$1.5b14.5x16.9x4.3x
Wed, 17 Jan 2024CA$26.6bCA$6.0bCA$1.5b18.6x18.3x4.4x
Fri, 15 Dec 2023CA$25.9bCA$6.0bCA$1.5b17.8x17.9x4.3x
Sun, 12 Nov 2023CA$24.1bCA$5.7bCA$1.5b16.3x16.6x4.2x
Tue, 10 Oct 2023CA$23.9bCA$5.7bCA$2.0b12.3x11.9x4.2x
Thu, 07 Sep 2023CA$25.8bCA$5.7bCA$2.0b13.9x12.8x4.5x
Sat, 05 Aug 2023CA$26.3bCA$5.7bCA$2.0b13.9x13.2x4.6x
Price to Earnings Ratio

13.2x


Total Market Cap: CA$26.3bTotal Earnings: CA$2.0bTotal Revenue: CA$5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 20.8x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Retail REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 17.6x which is lower than its 3-year average PE of 20.8x.
  • The 3-year average PS ratio of 4.9x is lower than the industry's current PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 5.2% per year over the last three years.
  • Revenues for these companies have grown 5.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Retail REITs compare with similar industries?

CA Market0.66%
Real Estate0.47%
REITS-0.62%
Retail REITs-0.42%
Office REITs4.27%
Healthcare REITs1.41%
Residential REITs0.60%
Specialized REITs0.082%
Industrial REITs-0.57%
Diversified REITs-0.62%
Hotel and Resort REITs-6.90%
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
PMZ.UN Primaris Real Estate Investment TrustCA$23.201.5%
+CA$41.3m
57.9%PB1.1x
SGR.UN Slate Grocery REITCA$17.791.5%
+CA$15.4m
22.5%PB1.1x
CRT.UN CT Real Estate Investment TrustCA$18.810.2%
+CA$7.2m
20.0%PB2.2x
PLZ.UN Plaza Retail REITCA$5.240.2%
+CA$1.1m
28.4%PB1x

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