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Canadian (TSX) Retail REITs Industry Analysis

UpdatedMay 30, 2025
DataAggregated Company Financials
Companies9
  • 7D2.7%
  • 3M3.8%
  • 1Y16.2%
  • YTD6.5%

In the last week, the Retail REITs industry is up 2.4%, with all of the companies up. This means that the industry has gained 17% over the past year. Looking forward, earnings are forecast to grow by 42% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 30 May 2025CA$33.6bCA$6.3bCA$1.8b17.6x19x5.3x
Sun, 27 Apr 2025CA$32.7bCA$6.5bCA$2.0b16.5x16.5x5.1x
Tue, 25 Mar 2025CA$32.0bCA$6.5bCA$2.2b16.5x14.4x4.9x
Thu, 20 Feb 2025CA$32.2bCA$6.4bCA$1.9b17.4x16.9x5.1x
Sat, 18 Jan 2025CA$31.2bCA$6.3bCA$698.3m21.8x44.7x4.9x
Mon, 16 Dec 2024CA$26.2bCA$6.3bCA$697.6m23x37.6x4.2x
Wed, 13 Nov 2024CA$27.5bCA$6.3bCA$836.9m21.4x32.8x4.4x
Fri, 11 Oct 2024CA$28.0bCA$6.2bCA$1.3b21.2x21.1x4.5x
Sun, 08 Sep 2024CA$27.9bCA$6.2bCA$1.3b20.8x21.1x4.5x
Tue, 06 Aug 2024CA$25.9bCA$6.2bCA$1.3b19.3x19.3x4.2x
Thu, 04 Jul 2024CA$24.1bCA$6.2bCA$1.3b15x18.3x3.9x
Sat, 01 Jun 2024CA$24.0bCA$6.2bCA$1.3b15.3x18.2x3.9x
Mon, 29 Apr 2024CA$24.5bCA$6.1bCA$1.3b21.5x18.4x4x
Wed, 27 Mar 2024CA$25.5bCA$6.1bCA$1.5b22.6x17.5x4.2x
Fri, 23 Feb 2024CA$26.1bCA$6.1bCA$1.5b19x17.7x4.3x
Sun, 21 Jan 2024CA$26.1bCA$6.0bCA$1.5b18.3x18x4.4x
Tue, 19 Dec 2023CA$25.7bCA$6.0bCA$1.5b17.5x17.7x4.3x
Thu, 16 Nov 2023CA$24.8bCA$6.0bCA$1.5b16.5x17.1x4.1x
Sat, 14 Oct 2023CA$24.1bCA$5.7bCA$2.0b12.4x12x4.2x
Mon, 11 Sep 2023CA$24.7bCA$5.7bCA$2.0b13.8x12.3x4.3x
Wed, 09 Aug 2023CA$26.1bCA$5.7bCA$2.0b13.8x13.1x4.6x
Fri, 07 Jul 2023CA$25.8bCA$5.9bCA$1.4b12.3x18.1x4.4x
Sun, 04 Jun 2023CA$32.1bCA$5.9bCA$1.4b12.3x22.5x5.5x
Tue, 02 May 2023CA$33.8bCA$5.8bCA$1.8b8.4x19.3x5.8x
Thu, 30 Mar 2023CA$33.0bCA$5.8bCA$1.9b8.6x17.7x5.7x
Price to Earnings Ratio

17.7x


Total Market Cap: CA$33.0bTotal Earnings: CA$1.9bTotal Revenue: CA$5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 20.6x20242025
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 20.6x.
  • The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% 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 and as a result, profits have held steady.

Industry Trends

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

CA Market1.13%
Real Estate3.64%
Retail REITs2.75%
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
FCR.UN First Capital Real Estate Investment TrustCA$17.884.3%
+CA$157.2m
21.9%PB1x
REI.UN RioCan Real Estate Investment TrustCA$17.512.4%
+CA$121.9m
2.8%PB0.7x
CHP.UN Choice Properties Real Estate Investment TrustCA$15.052.5%
+CA$118.1m
18.8%PB1x
CRT.UN CT Real Estate Investment TrustCA$15.842.9%
+CA$106.7m
19.4%PB2x
SRU.UN SmartCentres Real Estate Investment TrustCA$26.012.8%
+CA$101.3m
16.6%PB0.7x
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Latest News

REI.UN

CA$17.51

RioCan Real Estate Investment Trust

7D

2.4%

1Y

2.8%

PMZ.UN

CA$15.36

Primaris Real Estate Investment Trust

7D

1.9%

1Y

17.0%

CRT.UN

CA$15.84

CT Real Estate Investment Trust

7D

2.9%

1Y

19.4%

SGR.UN

CA$15.02

Slate Grocery REIT

7D

3.7%

1Y

36.8%