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Canadian (TSX) Retail REITs Industry Analysis

UpdatedAug 28, 2025
DataAggregated Company Financials
Companies9
  • 7D0.3%
  • 3M1.6%
  • 1Y2.0%
  • YTD7.8%

Over the last 7 days, the Retail REITs industry has remained flat. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 27% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Aug 2025CA$34.1bCA$6.5bCA$1.2b17.1x28.9x5.2x
Sat, 26 Jul 2025CA$33.5bCA$6.4bCA$1.1b18.2x30.4x5.2x
Mon, 23 Jun 2025CA$33.2bCA$6.3bCA$1.8b17.5x18.8x5.2x
Wed, 21 May 2025CA$33.6bCA$6.3bCA$1.8b17x19x5.3x
Fri, 18 Apr 2025CA$32.2bCA$6.5bCA$2.2b16.5x14.5x5x
Sun, 16 Mar 2025CA$32.2bCA$6.5bCA$2.2b16.3x14.5x5x
Tue, 11 Feb 2025CA$32.1bCA$6.3bCA$697.8m23x45.9x5.1x
Thu, 09 Jan 2025CA$31.7bCA$6.3bCA$698.0m22.2x45.4x5x
Sat, 07 Dec 2024CA$27.6bCA$6.3bCA$697.3m23.5x39.6x4.4x
Mon, 04 Nov 2024CA$27.2bCA$6.2bCA$1.7b16.5x15.7x4.4x
Wed, 02 Oct 2024CA$29.1bCA$6.2bCA$1.3b22.3x22x4.7x
Fri, 30 Aug 2024CA$27.7bCA$6.2bCA$1.3b20.4x21x4.5x
Sun, 28 Jul 2024CA$26.2bCA$6.2bCA$1.3b16.2x20.2x4.2x
Tue, 25 Jun 2024CA$23.4bCA$6.2bCA$1.3b15.2x17.7x3.8x
Thu, 23 May 2024CA$24.7bCA$6.2bCA$1.3b15.6x18.7x4x
Sat, 20 Apr 2024CA$24.2bCA$6.1bCA$1.5b21.1x16.6x4x
Mon, 18 Mar 2024CA$25.1bCA$6.1bCA$1.5b22.4x17.2x4.1x
Wed, 14 Feb 2024CA$25.4bCA$6.0bCA$1.6b17.8x16x4.2x
Fri, 12 Jan 2024CA$26.3bCA$6.0bCA$1.5b18.5x18.1x4.4x
Sun, 10 Dec 2023CA$24.3bCA$6.0bCA$1.5b16.8x16.8x4.1x
Tue, 07 Nov 2023CA$25.1bCA$5.7bCA$1.8b13x13.6x4.4x
Thu, 05 Oct 2023CA$23.8bCA$5.7bCA$2.0b11.9x11.8x4.2x
Sat, 02 Sep 2023CA$25.7bCA$5.7bCA$2.0b13.9x12.8x4.5x
Mon, 31 Jul 2023CA$26.6bCA$5.7bCA$2.0b12.2x13.5x4.7x
Wed, 28 Jun 2023CA$25.6bCA$5.9bCA$1.4b12.2x17.9x4.4x
Fri, 26 May 2023CA$32.3bCA$5.9bCA$1.4b12.3x22.6x5.5x
Sun, 23 Apr 2023CA$34.3bCA$5.8bCA$1.9b8.7x18.4x5.9x
Price to Earnings Ratio

18x


Total Market Cap: CA$33.6bTotal Earnings: CA$1.9bTotal Revenue: CA$5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 20.8x20242025
Current Industry PE
  • Investors are optimistic on the Canadian Retail REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 28.9x which is higher than its 3-year average PE of 20.8x.
  • The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 5.2x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.8% 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 Trends

Which industries have driven the changes within the Canadian Real Estate industry?

CA Market1.88%
Real Estate0.56%
Retail REITs0.25%
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$18.382.0%
+CA$106.3m
-4.0%PB0.7x
FCR.UN First Capital Real Estate Investment TrustCA$19.200.7%
+CA$29.7m
11.2%PB1x
CRR.UN Crombie Real Estate Investment TrustCA$15.170.9%
+CA$24.1m
2.7%PB1.5x
CRT.UN CT Real Estate Investment TrustCA$16.320.3%
+CA$11.9m
4.6%PB2.1x
PLZ.UN Plaza Retail REITCA$4.211.0%
+CA$4.4m
11.1%PB0.8x