Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Retail REITs Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies9
  • 7D3.1%
  • 3M5.3%
  • 1Y20.5%
  • YTD6.8%

All of the companies in the Retail REITs industry have been up over the last week, with the industry up 3.1%. This means that the industry has gained 21% over the past year. As for the next few years, earnings are expected to grow by 47% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026CA$36.9bCA$6.6bCA$2.0b16x18.7x5.6x
Fri, 06 Mar 2026CA$37.3bCA$6.6bCA$2.0b16.3x18.9x5.7x
Sun, 01 Feb 2026CA$36.3bCA$6.5bCA$2.0b15.9x18.3x5.6x
Tue, 30 Dec 2025CA$35.2bCA$6.5bCA$2.0b15.7x17.8x5.4x
Thu, 27 Nov 2025CA$35.6bCA$6.5bCA$2.0b15x17.9x5.4x
Sat, 25 Oct 2025CA$35.6bCA$6.5bCA$1.2b17.3x30.1x5.5x
Mon, 22 Sep 2025CA$34.9bCA$6.5bCA$1.2b17x29.6x5.4x
Wed, 20 Aug 2025CA$33.9bCA$6.5bCA$1.2b17x28.7x5.2x
Fri, 18 Jul 2025CA$33.7bCA$6.3bCA$1.8b17.8x19.1x5.3x
Sun, 15 Jun 2025CA$33.3bCA$6.3bCA$1.8b17.5x18.8x5.3x
Tue, 13 May 2025CA$33.2bCA$6.3bCA$1.8b17x18.7x5.2x
Thu, 10 Apr 2025CA$30.6bCA$6.5bCA$2.2b16x13.8x4.7x
Sat, 08 Mar 2025CA$32.9bCA$6.5bCA$2.2b15.8x14.9x5.1x
Mon, 03 Feb 2025CA$31.3bCA$6.3bCA$698.5m22.3x44.7x4.9x
Wed, 01 Jan 2025CA$31.4bCA$6.3bCA$698.0m22.1x45x5x
Fri, 29 Nov 2024CA$27.5bCA$6.3bCA$696.9m23.8x39.4x4.4x
Sun, 27 Oct 2024CA$28.0bCA$6.2bCA$1.3b21.4x21.2x4.5x
Tue, 24 Sep 2024CA$29.1bCA$6.2bCA$1.3b22.2x22x4.7x
Thu, 22 Aug 2024CA$26.1bCA$6.2bCA$1.3b19.6x19.7x4.2x
Sat, 20 Jul 2024CA$25.5bCA$6.2bCA$1.3b16.1x19.6x4.1x
Mon, 17 Jun 2024CA$23.9bCA$6.2bCA$1.3b15.2x18.1x3.8x
Wed, 15 May 2024CA$24.8bCA$6.2bCA$1.3b15.5x18.8x4x
Fri, 12 Apr 2024CA$25.0bCA$6.1bCA$1.5b21.7x17.1x4.1x
Sun, 10 Mar 2024CA$25.7bCA$6.1bCA$1.5b22.7x17.6x4.2x
Tue, 06 Feb 2024CA$25.6bCA$6.0bCA$1.5b17.8x17.6x4.3x
Thu, 04 Jan 2024CA$26.0bCA$6.0bCA$1.5b18.2x18x4.4x
Sat, 02 Dec 2023CA$24.3bCA$6.0bCA$1.5b16.7x16.8x4.1x
Mon, 30 Oct 2023CA$22.6bCA$5.7bCA$2.0b11.7x11.2x3.9x
Wed, 27 Sep 2023CA$24.3bCA$5.7bCA$2.0b12.7x12.1x4.3x
Fri, 25 Aug 2023CA$25.5bCA$5.7bCA$2.0b13.7x12.7x4.5x
Sun, 23 Jul 2023CA$26.7bCA$6.0bCA$2.0b12.3x13.5x4.5x
Tue, 20 Jun 2023CA$31.4bCA$5.9bCA$1.4b12x22x5.4x
Thu, 18 May 2023CA$32.9bCA$5.9bCA$1.4b12.3x23x5.6x
Sat, 15 Apr 2023CA$34.2bCA$5.8bCA$1.9b8.8x18.3x5.9x
Price to Earnings Ratio

18.3x


Total Market Cap: CA$34.2bTotal Earnings: CA$1.9bTotal Revenue: CA$5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 21x202420252026
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 18.7x which is lower than its 3-year average PE of 21.0x.
  • The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 5.6x.
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 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 and as a result, profits have held steady.

Industry Trends

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

CA Market1.35%
Real Estate2.54%
Retail REITs3.07%
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$19.794.2%
+CA$232.9m		22.5%PB0.8x
CHP.UN Choice Properties Real Estate Investment TrustCA$15.853.2%
+CA$160.7m		15.6%PB1.1x
CRT.UN CT Real Estate Investment TrustCA$17.133.6%
+CA$140.6m		22.7%PB2.1x
SRU.UN SmartCentres Real Estate Investment TrustCA$27.483.2%
+CA$121.6m		15.0%PB0.8x
PMZ.UN Primaris Real Estate Investment TrustCA$17.954.1%
+CA$82.5m		29.8%PB0.8x

Latest News

CRT.UN
CA$17.13
CT Real Estate Investment Trust
7D
3.6%
1Y
22.7%
PMZ.UN
CA$17.95
Primaris Real Estate Investment Trust
7D
4.1%
1Y
29.8%
FCR.UN
CA$20.87
First Capital Real Estate Investment Trust
7D
1.2%
1Y
32.3%
REI.UN
CA$19.79
RioCan Real Estate Investment Trust
7D
4.2%
1Y
22.5%
CRR.UN
CA$16.14
Crombie Real Estate Investment Trust
7D
2.3%
1Y
19.6%
SRU.UN
CA$27.48
SmartCentres Real Estate Investment Trust
7D
3.2%
1Y
15.0%
SGR.UN
CA$15.58
Slate Grocery REIT
7D
2.8%
1Y
22.3%
CHP.UN
CA$15.85
Choice Properties Real Estate Investment Trust
7D
3.2%
1Y
15.6%