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Canadian (TSX) Retail REITs Industry Analysis

UpdatedApr 29, 2026
DataAggregated Company Financials
Companies9
  • 7D0.6%
  • 3M7.3%
  • 1Y16.9%
  • YTDn/a

The Retail REITs industry has stayed flat over the last week. As for the the longer term, the industry is up 17% over the past 12 months. Earnings are forecast to grow by 47% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Apr 2026CA$38.0bCA$6.6bCA$2.0b16.7x19.3x5.8x
Sat, 28 Mar 2026CA$35.7bCA$6.6bCA$2.0b15.5x18.1x5.4x
Mon, 23 Feb 2026CA$37.0bCA$6.6bCA$2.0b16.4x18.9x5.6x
Wed, 21 Jan 2026CA$37.1bCA$6.5bCA$2.0b15.9x18.7x5.7x
Fri, 19 Dec 2025CA$34.9bCA$6.5bCA$2.0b15.4x17.6x5.3x
Sun, 16 Nov 2025CA$35.3bCA$6.5bCA$2.0b15x17.8x5.4x
Tue, 14 Oct 2025CA$34.3bCA$6.5bCA$1.2b16.8x29.1x5.3x
Thu, 11 Sep 2025CA$34.9bCA$6.5bCA$1.2b17x29.5x5.3x
Sat, 09 Aug 2025CA$33.5bCA$6.5bCA$1.2b17.6x28.2x5.1x
Mon, 07 Jul 2025CA$34.0bCA$6.3bCA$1.8b17.8x19.2x5.4x
Wed, 04 Jun 2025CA$33.5bCA$6.3bCA$1.8b17.5x18.9x5.3x
Fri, 02 May 2025CA$32.6bCA$6.5bCA$2.0b16.4x16.5x5.1x
Sun, 30 Mar 2025CA$31.9bCA$6.5bCA$2.2b16.4x14.4x4.9x
Tue, 25 Feb 2025CA$32.3bCA$6.5bCA$2.2b16.3x14.6x5x
Thu, 23 Jan 2025CA$31.2bCA$6.3bCA$698.1m21.9x44.6x4.9x
Sat, 21 Dec 2024CA$31.2bCA$6.3bCA$698.0m22.8x44.7x5x
Mon, 18 Nov 2024CA$27.4bCA$6.3bCA$697.2m23.7x39.2x4.4x
Wed, 16 Oct 2024CA$28.5bCA$6.2bCA$1.3b21.7x21.5x4.6x
Fri, 13 Sep 2024CA$28.6bCA$6.2bCA$1.3b21.8x21.6x4.6x
Sun, 11 Aug 2024CA$25.9bCA$6.2bCA$1.3b19.1x19.6x4.1x
Tue, 09 Jul 2024CA$24.0bCA$6.2bCA$1.3b15.3x18.1x3.9x
Thu, 06 Jun 2024CA$24.2bCA$6.2bCA$1.3b15.6x18.3x3.9x
Sat, 04 May 2024CA$24.6bCA$6.2bCA$1.4b15.8x17.5x4x
Mon, 01 Apr 2024CA$25.7bCA$6.1bCA$1.5b22.5x17.6x4.2x
Wed, 28 Feb 2024CA$25.6bCA$6.1bCA$1.5b22.5x17.5x4.2x
Fri, 26 Jan 2024CA$26.4bCA$6.0bCA$1.5b18.5x18.2x4.4x
Sun, 24 Dec 2023CA$25.9bCA$6.0bCA$1.4b18.3x17.9x4.3x
Tue, 21 Nov 2023CA$24.4bCA$6.0bCA$1.5b16.3x16.8x4.1x
Thu, 19 Oct 2023CA$24.0bCA$5.7bCA$2.0b12.4x12x4.2x
Sat, 16 Sep 2023CA$25.6bCA$5.7bCA$2.0b14.2x12.8x4.5x
Mon, 14 Aug 2023CA$26.2bCA$5.7bCA$2.0b14.2x13.1x4.6x
Wed, 12 Jul 2023CA$25.7bCA$5.9bCA$1.4b12x18x4.4x
Fri, 09 Jun 2023CA$32.2bCA$5.9bCA$1.4b12.1x22.6x5.5x
Sun, 07 May 2023CA$33.3bCA$5.9bCA$1.7b12.4x19.7x5.7x
Price to Earnings Ratio

19.7x


Total Market Cap: CA$33.3bTotal Earnings: CA$1.7bTotal Revenue: CA$5.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 21x202420252026
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 21.0x.
  • The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have grown 4.9% per year over the last three years.
  • Revenues for these companies have grown 3.9% 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 Market-0.36%
Real Estate-0.26%
REITS1.60%
Retail REITs0.63%
Diversified REITs1.60%
Specialized REITs1.22%
Industrial REITs0.63%
Residential REITs0.35%
Healthcare REITs-0.18%
Office REITs-0.94%
Hotel and Resort REITs-3.58%
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
REI.UN RioCan Real Estate Investment TrustCA$21.281.7%
+CA$101.9m
23.6%PB0.9x
CRR.UN Crombie Real Estate Investment TrustCA$17.001.6%
+CA$50.6m
16.5%PB1.7x
PMZ.UN Primaris Real Estate Investment TrustCA$18.981.8%
+CA$40.0m
32.0%PB0.9x
FCR.UN First Capital Real Estate Investment TrustCA$23.390.5%
+CA$23.4m
36.9%PB1x
SRU.UN SmartCentres Real Estate Investment TrustCA$28.270.5%
+CA$18.8m
10.9%PB0.8x