Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Canadian (TSX) Retail REITs Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies9
  • 7D1.3%
  • 3M-0.8%
  • 1Y3.6%
  • YTDn/a

In the last week, the Retail REITs industry is up 1.3%, with RioCan Real Estate Investment Trust up 2.9%. This means that the industry has gained 3.6% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025CA$32.6bCA$6.5bCA$2.2b16.2x14.8x5x
Sun, 19 Jan 2025CA$31.0bCA$6.3bCA$698.3m21.8x44.4x4.9x
Tue, 17 Dec 2024CA$32.4bCA$6.3bCA$697.6m23.1x46.4x5.2x
Thu, 14 Nov 2024CA$27.4bCA$6.3bCA$837.1m21.3x32.8x4.4x
Sat, 12 Oct 2024CA$27.8bCA$6.2bCA$1.3b21.3x21x4.5x
Mon, 09 Sep 2024CA$27.9bCA$6.2bCA$1.3b20.8x21.1x4.5x
Wed, 07 Aug 2024CA$25.9bCA$6.2bCA$1.3b19.3x19.3x4.2x
Fri, 05 Jul 2024CA$24.2bCA$6.2bCA$1.3b15.1x18.3x3.9x
Sun, 02 Jun 2024CA$24.1bCA$6.2bCA$1.3b15.3x18.2x3.9x
Tue, 30 Apr 2024CA$24.5bCA$6.1bCA$1.3b21.2x18.4x4x
Thu, 28 Mar 2024CA$25.7bCA$6.1bCA$1.5b22.8x17.6x4.2x
Sat, 24 Feb 2024CA$26.1bCA$6.1bCA$1.5b19.3x17.6x4.3x
Mon, 22 Jan 2024CA$26.3bCA$6.0bCA$1.5b18.3x18.1x4.4x
Wed, 20 Dec 2023CA$25.9bCA$6.0bCA$1.5b17.7x17.8x4.3x
Fri, 17 Nov 2023CA$24.4bCA$6.0bCA$1.5b16.2x16.8x4.1x
Sun, 15 Oct 2023CA$24.1bCA$5.7bCA$2.0b12.4x12x4.2x
Tue, 12 Sep 2023CA$25.4bCA$5.7bCA$2.0b13.9x12.7x4.5x
Thu, 10 Aug 2023CA$26.2bCA$5.7bCA$2.0b13.8x13x4.6x
Sat, 08 Jul 2023CA$25.7bCA$5.9bCA$1.4b12.2x18x4.4x
Mon, 05 Jun 2023CA$32.2bCA$5.9bCA$1.4b12.3x22.5x5.5x
Wed, 03 May 2023CA$33.3bCA$5.8bCA$1.8b8.3x19x5.7x
Fri, 31 Mar 2023CA$33.2bCA$5.8bCA$1.9b8.5x17.8x5.7x
Sun, 26 Feb 2023CA$35.6bCA$5.8bCA$1.9b12.5x18.5x6.1x
Tue, 24 Jan 2023CA$36.8bCA$6.0bCA$3.0b10.5x12.2x6.1x
Thu, 22 Dec 2022CA$34.8bCA$6.0bCA$3.0b9.9x11.5x5.8x
Sat, 19 Nov 2022CA$34.2bCA$6.0bCA$3.0b9.8x11.3x5.7x
Mon, 17 Oct 2022CA$31.0bCA$6.0bCA$3.1b9.6x9.9x5.2x
Wed, 14 Sep 2022CA$34.4bCA$6.0bCA$3.1b10.9x11x5.8x
Fri, 12 Aug 2022CA$35.3bCA$6.0bCA$3.1b11.1x11.5x5.9x
Sun, 10 Jul 2022CA$33.5bCA$5.8bCA$3.5b9.4x9.7x5.8x
Tue, 07 Jun 2022CA$36.0bCA$5.8bCA$3.5b10.3x10.4x6.2x
Thu, 05 May 2022CA$36.7bCA$5.7bCA$3.3b8.5x11.2x6.4x
Sat, 02 Apr 2022CA$39.2bCA$5.7bCA$2.8b9.4x13.9x6.8x
Mon, 28 Feb 2022CA$37.6bCA$5.7bCA$2.6b8.7x14.3x6.6x
Price to Earnings Ratio

14.3x


Total Market Cap: CA$37.6bTotal 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 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 14.8x which is lower than its 3-year average PE of 18.0x.
  • The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 5.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.1% 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-0.52%
Real Estate-0.079%
REITS2.92%
Retail REITs1.27%
Healthcare REITs8.03%
Diversified REITs2.92%
Office REITs0.83%
Industrial REITs0.51%
Specialized REITs-1.15%
Residential REITs-2.24%
Hotel and Resort REITs-2.39%
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$19.412.9%
+CA$163.5m		4.6%PB0.8x
SRU.UN SmartCentres Real Estate Investment TrustCA$25.852.2%
+CA$81.0m		7.5%PB0.7x
PMZ.UN Primaris Real Estate Investment TrustCA$15.273.8%
+CA$57.7m		10.9%PB0.7x
SGR.UN Slate Grocery REITCA$14.392.8%
+CA$23.1m		21.4%PB0.9x
CHP.UN Choice Properties Real Estate Investment TrustCA$13.650.4%
+CA$16.4m		0.1%PB0.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

FCR.UN

CA$16.78

First Capital Real Estate Investment Trust

7D

0.4%

1Y

2.3%

CRR.UN

CA$13.99

Crombie Real Estate Investment Trust

7D

0.6%

1Y

2.3%

SGR.UN

CA$14.39

Slate Grocery REIT

7D

2.8%

1Y

21.4%

SRU.UN

CA$25.85

SmartCentres Real Estate Investment Trust

7D

2.2%

1Y

7.5%

REI.UN

CA$19.41

RioCan Real Estate Investment Trust

7D

2.9%

1Y

4.6%

PMZ.UN

CA$15.27

Primaris Real Estate Investment Trust

7D

3.8%

1Y

10.9%

CHP.UN

CA$13.65

Choice Properties Real Estate Investment Trust

7D

0.4%

1Y

0.1%

PLZ.UN

CA$3.68

Plaza Retail REIT

7D

1.9%

1Y

4.0%

CRT.UN

CA$14.74

CT Real Estate Investment Trust

7D

-0.2%

1Y

2.4%