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Canadian (TSX) Retail REITs Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies9
  • 7D3.0%
  • 3M4.7%
  • 1Y14.7%
  • YTDn/a

In the last week, the Retail REITs industry is up 3.0%, with RioCan Real Estate Investment Trust up 4.1%. In the last 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 60% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026CA$36.7bCA$6.5bCA$2.0b16x18.5x5.6x
Sat, 13 Dec 2025CA$34.5bCA$6.5bCA$2.0b15.2x17.4x5.3x
Mon, 10 Nov 2025CA$34.6bCA$6.5bCA$1.9b16.3x17.8x5.3x
Wed, 08 Oct 2025CA$34.7bCA$6.5bCA$1.2b16.9x29.4x5.3x
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
Price to Earnings Ratio

12x


Total Market Cap: CA$36.3bTotal Earnings: CA$3.0bTotal Revenue: CA$6.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 20.9x202420252026
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 18.5x which is lower than its 3-year average PE of 20.9x.
  • The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.9% 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 Market2.82%
Real Estate2.22%
REITS0.50%
Retail REITs2.98%
Office REITs4.76%
Hotel and Resort REITs3.94%
Industrial REITs3.55%
Healthcare REITs2.21%
Residential REITs1.24%
Specialized REITs0.89%
Diversified REITs0.50%
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
REI.UN RioCan Real Estate Investment TrustCA$19.942.7%
+CA$153.4m		8.1%PB0.8x
SRU.UN SmartCentres Real Estate Investment TrustCA$27.212.7%
+CA$102.7m		11.7%PB0.8x
CHP.UN Choice Properties Real Estate Investment TrustCA$15.421.8%
+CA$88.6m		17.8%PB1.1x
FCR.UN First Capital Real Estate Investment TrustCA$19.471.7%
+CA$70.1m		16.2%PB1x
CRR.UN Crombie Real Estate Investment TrustCA$15.871.2%
+CA$35.4m		20.4%PB1.6x

Latest News

SGR.UN
CA$15.84
Slate Grocery REIT
7D
1.5%
1Y
19.9%
FCR.UN
CA$19.47
First Capital Real Estate Investment Trust
7D
1.7%
1Y
16.2%
CRT.UN
CA$16.84
CT Real Estate Investment Trust
7D
0.8%
1Y
19.3%
SRU.UN
CA$27.21
SmartCentres Real Estate Investment Trust
7D
2.7%
1Y
11.7%
CHP.UN
CA$15.42
Choice Properties Real Estate Investment Trust
7D
1.8%
1Y
17.8%
PMZ.UN
CA$16.72
Primaris Real Estate Investment Trust
7D
0.06%
1Y
14.6%
REI.UN
CA$19.94
RioCan Real Estate Investment Trust
7D
2.7%
1Y
8.1%
CRR.UN
CA$15.87
Crombie Real Estate Investment Trust
7D
1.2%
1Y
20.4%
PLZ.UN
CA$4.27
Plaza Retail REIT
7D
-0.2%
1Y
20.3%