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Canadian (TSX) Retail REITs Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies9
  • 7D3.0%
  • 3M4.7%
  • 1Y14.7%
  • YTD4.5%

In the last week, the Retail REITs industry is up 3.0%, with RioCan Real Estate Investment Trust up 4.1%. This takes the industry's 12 month performance to a gain of 15%. Earnings are forecast to grow by 60% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026CA$36.7bCA$6.5bCA$2.0b16x18.5x5.6x
Sat, 13 Dec 2025CA$34.5bCA$6.5bCA$2.0b15.2x17.4x5.3x
Mon, 10 Nov 2025CA$34.6bCA$6.5bCA$1.9b16.3x17.8x5.3x
Wed, 08 Oct 2025CA$34.7bCA$6.5bCA$1.2b16.9x29.4x5.3x
Fri, 05 Sep 2025CA$34.4bCA$6.5bCA$1.2b17x29.1x5.3x
Sun, 03 Aug 2025CA$33.0bCA$6.5bCA$1.2b17.6x28.5x5.1x
Tue, 01 Jul 2025CA$33.4bCA$6.3bCA$1.8b17.6x18.9x5.3x
Thu, 29 May 2025CA$33.6bCA$6.3bCA$1.8b17.4x19x5.3x
Sat, 26 Apr 2025CA$32.5bCA$6.5bCA$2.0b16.5x16.4x5x
Mon, 24 Mar 2025CA$32.0bCA$6.5bCA$2.2b16.5x14.4x4.9x
Wed, 19 Feb 2025CA$32.2bCA$6.4bCA$1.9b17.4x16.9x5.1x
Fri, 17 Jan 2025CA$31.4bCA$6.3bCA$698.1m21.9x45x5x
Sun, 15 Dec 2024CA$32.4bCA$6.3bCA$697.6m23x46.5x5.2x
Tue, 12 Nov 2024CA$27.5bCA$6.3bCA$666.5m21.6x41.3x4.4x
Thu, 10 Oct 2024CA$27.9bCA$6.2bCA$1.3b21.4x21.1x4.5x
Sat, 07 Sep 2024CA$27.9bCA$6.2bCA$1.3b20.8x21.1x4.5x
Mon, 05 Aug 2024CA$25.9bCA$6.2bCA$1.3b19.2x19.3x4.2x
Wed, 03 Jul 2024CA$23.9bCA$6.2bCA$1.3b14.9x18.1x3.8x
Fri, 31 May 2024CA$24.0bCA$6.2bCA$1.3b15.3x18.2x3.9x
Sun, 28 Apr 2024CA$24.5bCA$6.1bCA$1.3b21.5x18.4x4x
Tue, 26 Mar 2024CA$25.5bCA$6.1bCA$1.5b22.5x17.5x4.2x
Thu, 22 Feb 2024CA$26.0bCA$6.1bCA$1.5b14.4x16.9x4.3x
Sat, 20 Jan 2024CA$26.1bCA$6.0bCA$1.5b18.3x18x4.4x
Mon, 18 Dec 2023CA$25.7bCA$6.0bCA$1.5b17.6x17.7x4.3x
Wed, 15 Nov 2023CA$23.7bCA$6.0bCA$1.5b16.9x16.3x4x
Fri, 13 Oct 2023CA$24.6bCA$5.7bCA$2.0b12.5x12.3x4.3x
Sun, 10 Sep 2023CA$24.7bCA$5.7bCA$2.0b13.8x12.3x4.3x
Tue, 08 Aug 2023CA$26.3bCA$5.7bCA$2.0b13.9x13.2x4.6x
Thu, 06 Jul 2023CA$26.2bCA$5.9bCA$1.4b12.3x18.4x4.5x
Sat, 03 Jun 2023CA$32.1bCA$5.9bCA$1.4b12.3x22.5x5.5x
Mon, 01 May 2023CA$33.9bCA$5.8bCA$1.8b8.4x19.4x5.8x
Wed, 29 Mar 2023CA$32.8bCA$5.8bCA$1.9b8.8x17.5x5.6x
Price to Earnings Ratio

17.5x


Total Market Cap: CA$32.8bTotal Earnings: CA$1.9bTotal Revenue: CA$5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 21.2x202420252026
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 18.5x which is lower than its 3-year average PE of 21.2x.
  • The 3-year average PS ratio of 4.7x 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 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 and as a result, profits have held steady.

Industry Trends

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

CA Market2.82%
Real Estate2.22%
Retail REITs2.98%
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$19.834.1%
+CA$230.1m		6.6%PB0.8x
SRU.UN SmartCentres Real Estate Investment TrustCA$27.304.4%
+CA$164.9m		11.8%PB0.8x
CHP.UN Choice Properties Real Estate Investment TrustCA$15.463.1%
+CA$154.2m		17.5%PB1.1x
FCR.UN First Capital Real Estate Investment TrustCA$19.462.5%
+CA$102.0m		15.7%PB1x
CRR.UN Crombie Real Estate Investment TrustCA$15.962.6%
+CA$74.6m		19.9%PB1.6x

Latest News

SGR.UN
CA$15.84
Slate Grocery REIT
7D
2.0%
1Y
20.0%
FCR.UN
CA$19.46
First Capital Real Estate Investment Trust
7D
2.5%
1Y
15.7%
CRT.UN
CA$16.78
CT Real Estate Investment Trust
7D
1.1%
1Y
17.3%
PMZ.UN
CA$16.85
Primaris Real Estate Investment Trust
7D
1.9%
1Y
14.5%
REI.UN
CA$19.83
RioCan Real Estate Investment Trust
7D
4.1%
1Y
6.6%
SRU.UN
CA$27.30
SmartCentres Real Estate Investment Trust
7D
4.4%
1Y
11.8%
CRR.UN
CA$15.96
Crombie Real Estate Investment Trust
7D
2.6%
1Y
19.9%
PLZ.UN
CA$4.27
Plaza Retail REIT
7D
-0.5%
1Y
20.5%
CHP.UN
CA$15.46
Choice Properties Real Estate Investment Trust
7D
3.1%
1Y
17.5%