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Canadian (TSX) Retail REITs Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies9
  • 7D3.5%
  • 3M5.2%
  • 1Y18.0%
  • YTD6.4%

Over the last 7 days, the Retail REITs industry has risen 3.5%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 18%. Looking forward, earnings are forecast to grow by 47% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Apr 2026CA$36.9bCA$6.6bCA$2.0b15.9x18.7x5.6x
Thu, 05 Mar 2026CA$37.0bCA$6.6bCA$2.0b16.4x18.7x5.6x
Sat, 31 Jan 2026CA$36.6bCA$6.5bCA$2.0b15.9x18.5x5.6x
Mon, 29 Dec 2025CA$35.0bCA$6.5bCA$2.0b15.5x17.7x5.4x
Wed, 26 Nov 2025CA$35.6bCA$6.5bCA$2.0b15.1x17.9x5.4x
Fri, 24 Oct 2025CA$35.5bCA$6.5bCA$1.2b17.3x30x5.4x
Sun, 21 Sep 2025CA$34.9bCA$6.5bCA$1.2b17x29.6x5.4x
Tue, 19 Aug 2025CA$34.0bCA$6.5bCA$1.2b16.9x28.8x5.2x
Thu, 17 Jul 2025CA$33.6bCA$6.3bCA$1.8b17.5x19x5.3x
Sat, 14 Jun 2025CA$33.7bCA$6.3bCA$1.8b17.5x19x5.3x
Mon, 12 May 2025CA$33.2bCA$6.3bCA$1.8b17x18.7x5.2x
Wed, 09 Apr 2025CA$31.1bCA$6.5bCA$2.2b15.4x14x4.8x
Fri, 07 Mar 2025CA$33.1bCA$6.5bCA$2.2b15.8x14.9x5.1x
Sun, 02 Feb 2025CA$31.3bCA$6.3bCA$698.5m22.3x44.7x4.9x
Tue, 31 Dec 2024CA$31.9bCA$6.3bCA$698.0m22.1x45.6x5.1x
Thu, 28 Nov 2024CA$27.4bCA$6.3bCA$697.0m23.7x39.2x4.4x
Sat, 26 Oct 2024CA$28.3bCA$6.2bCA$1.3b21.4x21.4x4.5x
Mon, 23 Sep 2024CA$29.1bCA$6.2bCA$1.3b22.2x22x4.7x
Wed, 21 Aug 2024CA$26.1bCA$6.2bCA$1.3b19.3x19.7x4.2x
Fri, 19 Jul 2024CA$25.6bCA$6.2bCA$1.3b16.1x19.4x4.1x
Sun, 16 Jun 2024CA$23.9bCA$6.2bCA$1.3b15.2x18.1x3.8x
Tue, 14 May 2024CA$24.8bCA$6.2bCA$1.3b15.2x18.8x4x
Thu, 11 Apr 2024CA$25.7bCA$6.1bCA$1.5b21.9x17.6x4.2x
Sat, 09 Mar 2024CA$25.7bCA$6.1bCA$1.5b22.7x17.6x4.2x
Mon, 05 Feb 2024CA$26.1bCA$6.0bCA$1.5b18.2x18x4.4x
Wed, 03 Jan 2024CA$26.1bCA$6.0bCA$1.5b18.3x18x4.4x
Fri, 01 Dec 2023CA$24.1bCA$6.0bCA$1.5b16.2x16.6x4x
Sun, 29 Oct 2023CA$22.6bCA$5.7bCA$2.0b11.7x11.2x3.9x
Tue, 26 Sep 2023CA$24.9bCA$5.7bCA$2.0b13.4x12.4x4.4x
Thu, 24 Aug 2023CA$25.6bCA$5.7bCA$2.0b13.7x12.8x4.5x
Sat, 22 Jul 2023CA$26.7bCA$6.0bCA$2.0b12.3x13.5x4.5x
Mon, 19 Jun 2023CA$31.5bCA$5.9bCA$1.4b12.1x22.1x5.4x
Wed, 17 May 2023CA$32.9bCA$5.9bCA$1.4b12.4x23x5.6x
Fri, 14 Apr 2023CA$34.2bCA$5.8bCA$1.9b8.8x18.4x5.9x
Price to Earnings Ratio

18.4x


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 Market3.67%
Real Estate3.19%
Retail REITs3.47%
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$19.674.7%
+CA$259.1m
19.9%PB0.8x
CRT.UN CT Real Estate Investment TrustCA$17.184.8%
+CA$191.0m
21.4%PB2.1x
CHP.UN Choice Properties Real Estate Investment TrustCA$15.733.1%
+CA$152.8m
12.7%PB1.1x
FCR.UN First Capital Real Estate Investment TrustCA$20.862.5%
+CA$106.3m
31.3%PB0.9x
SRU.UN SmartCentres Real Estate Investment TrustCA$27.342.7%
+CA$104.2m
13.0%PB0.8x

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