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Canadian (TSX) Retail REITs Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies9
  • 7D0.04%
  • 3M-0.7%
  • 1Y7.9%
  • YTDn/a

Over the last 7 days, the Retail REITs industry has remained flat. As for the the longer term, the industry is up 8.3% over the past 12 months. 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
Wed, 24 Dec 2025CA$35.2bCA$6.5bCA$2.0b15.6x17.8x5.4x
Fri, 21 Nov 2025CA$35.6bCA$6.5bCA$2.0b14.8x18x5.4x
Sun, 19 Oct 2025CA$34.8bCA$6.5bCA$1.2b17x29.4x5.3x
Tue, 16 Sep 2025CA$35.2bCA$6.5bCA$1.2b17.1x29.8x5.4x
Thu, 14 Aug 2025CA$33.5bCA$6.5bCA$1.2b16.8x28.4x5.1x
Sat, 12 Jul 2025CA$33.4bCA$6.3bCA$1.8b17.5x18.9x5.3x
Mon, 09 Jun 2025CA$33.4bCA$6.3bCA$1.8b17.5x18.9x5.3x
Wed, 07 May 2025CA$32.5bCA$6.3bCA$1.8b17.3x18.6x5.1x
Fri, 04 Apr 2025CA$32.2bCA$6.5bCA$2.2b16.4x14.5x5x
Sun, 02 Mar 2025CA$32.5bCA$6.5bCA$2.2b16.1x14.7x5x
Tue, 28 Jan 2025CA$31.1bCA$6.3bCA$698.0m22.3x44.5x4.9x
Thu, 26 Dec 2024CA$31.7bCA$6.3bCA$698.0m22.4x45.5x5x
Sat, 23 Nov 2024CA$27.5bCA$6.3bCA$696.8m23.4x39.5x4.4x
Mon, 21 Oct 2024CA$28.5bCA$6.2bCA$1.3b21.8x21.6x4.6x
Wed, 18 Sep 2024CA$29.1bCA$6.2bCA$1.3b21.8x22x4.7x
Fri, 16 Aug 2024CA$25.9bCA$6.2bCA$1.3b19.2x19.6x4.2x
Sun, 14 Jul 2024CA$25.2bCA$6.2bCA$1.3b15.7x19.1x4.1x
Tue, 11 Jun 2024CA$24.1bCA$6.2bCA$1.3b15.4x18.3x3.9x
Thu, 09 May 2024CA$24.5bCA$6.2bCA$1.4b15.6x17.2x3.9x
Sat, 06 Apr 2024CA$24.9bCA$6.1bCA$1.5b21.9x17.1x4.1x
Mon, 04 Mar 2024CA$25.6bCA$6.1bCA$1.5b22.4x17.5x4.2x
Wed, 31 Jan 2024CA$26.5bCA$6.0bCA$1.5b18.4x18.3x4.4x
Fri, 29 Dec 2023CA$26.1bCA$6.0bCA$1.4b18.4x18x4.4x
Sun, 26 Nov 2023CA$24.4bCA$6.0bCA$1.5b16.4x16.8x4.1x
Tue, 24 Oct 2023CA$19.3bCA$4.5bCA$833.0m13.8x23.1x4.2x
Thu, 21 Sep 2023CA$25.9bCA$5.7bCA$2.0b14x12.9x4.5x
Sat, 19 Aug 2023CA$25.5bCA$5.7bCA$2.0b13.6x12.7x4.5x
Mon, 17 Jul 2023CA$26.2bCA$5.9bCA$1.4b12.1x18.4x4.5x
Wed, 14 Jun 2023CA$31.8bCA$5.9bCA$1.4b12.2x22.3x5.4x
Fri, 12 May 2023CA$33.0bCA$5.9bCA$1.4b12.3x23.1x5.6x
Sun, 09 Apr 2023CA$33.5bCA$5.8bCA$1.9b8.6x17.9x5.7x
Tue, 07 Mar 2023CA$35.5bCA$5.8bCA$1.9b9.2x19x6.1x
Thu, 02 Feb 2023CA$36.3bCA$6.0bCA$3.0b10.7x12x6.1x
Sat, 31 Dec 2022CA$34.5bCA$6.0bCA$3.0b9.9x11.4x5.8x
Price to Earnings Ratio

11.4x


Total Market Cap: CA$34.5bTotal Earnings: CA$3.0bTotal Revenue: CA$6.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 20.8x202320242025
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 17.8x which is lower than its 3-year average PE of 20.8x.
  • The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 5.4x.
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 Market2.23%
Real Estate0.91%
REITS-0.10%
Retail REITs0.045%
Hotel and Resort REITs21.12%
Industrial REITs3.05%
Office REITs1.78%
Residential REITs1.20%
Specialized REITs1.19%
Diversified REITs-0.10%
Healthcare REITs-0.58%
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
CRT.UN CT Real Estate Investment TrustCA$16.331.5%
+CA$57.1m
13.5%PB2x
SGR.UN Slate Grocery REITCA$15.241.9%
+CA$17.2m
9.8%PB1x
PMZ.UN Primaris Real Estate Investment TrustCA$15.580.8%
+CA$15.4m
0.5%PB0.8x
SRU.UN SmartCentres Real Estate Investment TrustCA$25.620.1%
+CA$4.3m
3.6%PB0.7x
PLZ.UN Plaza Retail REITCA$4.270.7%
+CA$3.3m
18.3%PB0.9x