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Canadian (TSX) Retail REITs Industry Analysis

UpdatedFeb 17, 2025
DataAggregated Company Financials
Companies9
  • 7D0.5%
  • 3M-2.4%
  • 1Y2.3%
  • YTDn/a

The Retail REITs is pretty flat in the last 7 days, but Primaris Real Estate Investment Trust has stood out, gaining 3.5%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 17 Feb 2025CA$32.2bCA$6.3bCA$1.9b17.4x16.9x5.1x
Wed, 15 Jan 2025CA$31.1bCA$6.3bCA$698.0m22x44.5x4.9x
Fri, 13 Dec 2024CA$32.6bCA$6.3bCA$697.6m23.1x46.7x5.2x
Sun, 10 Nov 2024CA$27.5bCA$6.3bCA$666.4m21.6x41.3x4.4x
Tue, 08 Oct 2024CA$28.4bCA$6.2bCA$1.3b21.6x21.5x4.6x
Thu, 05 Sep 2024CA$27.6bCA$6.2bCA$1.3b20.8x20.8x4.4x
Sat, 03 Aug 2024CA$25.8bCA$6.2bCA$1.4b16.1x19.1x4.2x
Mon, 01 Jul 2024CA$23.9bCA$6.2bCA$1.3b14.8x18.1x3.8x
Wed, 29 May 2024CA$24.5bCA$6.2bCA$1.3b15.3x18.6x4x
Fri, 26 Apr 2024CA$24.5bCA$6.1bCA$1.3b21.4x18.3x4x
Sun, 24 Mar 2024CA$25.5bCA$6.1bCA$1.5b22.6x17.5x4.2x
Tue, 20 Feb 2024CA$26.0bCA$6.1bCA$1.5b14.5x16.9x4.3x
Thu, 18 Jan 2024CA$26.1bCA$6.0bCA$1.5b18.2x18x4.4x
Sat, 16 Dec 2023CA$26.1bCA$6.0bCA$1.5b17.6x18x4.4x
Mon, 13 Nov 2023CA$24.1bCA$5.7bCA$1.5b16.4x16.6x4.2x
Wed, 11 Oct 2023CA$24.1bCA$5.7bCA$2.0b12.5x12x4.2x
Fri, 08 Sep 2023CA$25.8bCA$5.7bCA$2.0b14x12.8x4.5x
Sun, 06 Aug 2023CA$26.3bCA$5.7bCA$2.0b13.9x13.2x4.6x
Tue, 04 Jul 2023CA$26.1bCA$5.9bCA$1.4b12.2x18.3x4.4x
Thu, 01 Jun 2023CA$32.0bCA$5.9bCA$1.4b12.2x22.4x5.5x
Sat, 29 Apr 2023CA$33.9bCA$5.8bCA$1.8b8.4x19.4x5.8x
Mon, 27 Mar 2023CA$17.6bCA$2.8bCA$740.0m20.3x23.8x6.2x
Wed, 22 Feb 2023CA$35.4bCA$5.8bCA$1.9b12.9x18.5x6.1x
Fri, 20 Jan 2023CA$36.1bCA$6.0bCA$3.0b10.2x12x6x
Sun, 18 Dec 2022CA$34.7bCA$6.0bCA$3.0b9.7x11.5x5.8x
Tue, 15 Nov 2022CA$34.3bCA$6.0bCA$3.0b9.8x11.4x5.8x
Thu, 13 Oct 2022CA$30.5bCA$6.0bCA$3.1b9.5x9.7x5.1x
Sat, 10 Sep 2022CA$33.8bCA$6.0bCA$3.1b10.6x10.8x5.7x
Mon, 08 Aug 2022CA$34.2bCA$6.0bCA$3.2b9.5x10.8x5.7x
Wed, 06 Jul 2022CA$33.5bCA$5.8bCA$3.5b9.4x9.7x5.8x
Fri, 03 Jun 2022CA$36.3bCA$5.8bCA$3.5b10.4x10.5x6.3x
Sun, 01 May 2022CA$30.8bCA$5.7bCA$3.3b8.4x9.4x5.4x
Tue, 29 Mar 2022CA$39.2bCA$5.7bCA$2.8b9.3x13.9x6.9x
Thu, 24 Feb 2022CA$37.5bCA$5.7bCA$2.6b8.9x14.7x6.6x
Price to Earnings Ratio

14.7x


Total Market Cap: CA$37.5bTotal Earnings: CA$2.6bTotal Revenue: CA$5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 18x202320242025
Current Industry PE
  • Investors are relatively neutral on the Canadian Retail 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 18.0x.
  • The industry is trading close to its 3-year average PS ratio of 5.1x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 9.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.6% 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 Market-0.13%
Real Estate-0.34%
REITS2.28%
Retail REITs0.48%
Healthcare REITs3.18%
Diversified REITs2.28%
Office REITs0.23%
Industrial REITs-0.38%
Residential REITs-1.10%
Specialized REITs-1.82%
Hotel and Resort REITs-4.48%
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$15.354.6%
+CA$64.3m
10.3%PB0.7x
CRR.UN Crombie Real Estate Investment TrustCA$14.092.0%
+CA$51.5m
0.9%PB1.4x
CHP.UN Choice Properties Real Estate Investment TrustCA$13.651.0%
+CA$42.6m
0.9%PB0.9x
SRU.UN SmartCentres Real Estate Investment TrustCA$25.201.1%
+CA$40.5m
4.8%PB0.7x
REI.UN RioCan Real Estate Investment TrustCA$18.770.4%
+CA$23.8m
1.3%PB0.7x
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Latest News

CHP.UN

CA$13.65

Choice Properties Real Estate Investment Trust

7D

1.0%

1Y

0.9%

CRR.UN

CA$14.09

Crombie Real Estate Investment Trust

7D

2.0%

1Y

0.9%

PMZ.UN

CA$15.35

Primaris Real Estate Investment Trust

7D

4.6%

1Y

10.3%

CRT.UN

CA$14.59

CT Real Estate Investment Trust

7D

-1.0%

1Y

1.0%

REI.UN

CA$18.77

RioCan Real Estate Investment Trust

7D

0.4%

1Y

1.3%

SGR.UN

CA$14.17

Slate Grocery REIT

7D

1.6%

1Y

17.8%

PLZ.UN

CA$3.61

Plaza Retail REIT

7D

-0.8%

1Y

0.8%