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Canadian (TSX) Retail REITs Industry Analysis

UpdatedApr 17, 2026
DataAggregated Company Financials
Companies9
  • 7D4.6%
  • 3M6.3%
  • 1Y18.6%
  • YTD12.0%

Over the last 7 days, the Retail REITs industry has risen 1.9%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 18%. 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
Fri, 17 Apr 2026CA$38.1bCA$6.6bCA$2.0b16.8x19.3x5.8x
Sun, 15 Mar 2026CA$36.4bCA$6.6bCA$2.0b15.7x18.4x5.5x
Tue, 10 Feb 2026CA$37.1bCA$6.5bCA$2.0b16.6x18.7x5.7x
Thu, 08 Jan 2026CA$35.7bCA$6.5bCA$2.0b15.7x18x5.5x
Sat, 06 Dec 2025CA$34.6bCA$6.5bCA$2.0b14.9x17.5x5.3x
Mon, 03 Nov 2025CA$34.7bCA$6.6bCA$1.3b16.3x27.7x5.3x
Wed, 01 Oct 2025CA$34.5bCA$6.5bCA$1.2b17x29.2x5.3x
Fri, 29 Aug 2025CA$34.3bCA$6.5bCA$1.2b17x29x5.3x
Sun, 27 Jul 2025CA$33.4bCA$6.4bCA$1.1b18.2x30.3x5.2x
Tue, 24 Jun 2025CA$33.3bCA$6.3bCA$1.8b17.4x18.8x5.2x
Thu, 22 May 2025CA$33.0bCA$6.3bCA$1.8b16.9x18.7x5.2x
Sat, 19 Apr 2025CA$32.5bCA$6.5bCA$2.2b16.5x14.7x5x
Mon, 17 Mar 2025CA$32.2bCA$6.5bCA$2.2b16.3x14.5x5x
Wed, 12 Feb 2025CA$32.0bCA$6.3bCA$742.4m21.4x43.1x5.1x
Fri, 10 Jan 2025CA$31.6bCA$6.3bCA$698.1m22.3x45.3x5x
Sun, 08 Dec 2024CA$27.5bCA$6.3bCA$697.3m23.5x39.4x4.4x
Tue, 05 Nov 2024CA$27.2bCA$6.2bCA$1.7b16.8x15.7x4.4x
Thu, 03 Oct 2024CA$29.1bCA$6.2bCA$1.3b22.3x22x4.7x
Sat, 31 Aug 2024CA$27.5bCA$6.2bCA$1.3b20.3x20.8x4.4x
Mon, 29 Jul 2024CA$26.2bCA$6.2bCA$1.3b16.2x20.2x4.2x
Wed, 26 Jun 2024CA$24.1bCA$6.2bCA$1.3b15.1x18.2x3.9x
Fri, 24 May 2024CA$24.7bCA$6.2bCA$1.3b15.3x18.7x4x
Sun, 21 Apr 2024CA$24.4bCA$6.1bCA$1.5b21.2x16.7x4x
Tue, 19 Mar 2024CA$25.3bCA$6.1bCA$1.5b22.5x17.3x4.2x
Thu, 15 Feb 2024CA$25.4bCA$6.0bCA$1.4b18.5x17.6x4.2x
Sat, 13 Jan 2024CA$26.4bCA$6.0bCA$1.5b18.5x18.2x4.4x
Mon, 11 Dec 2023CA$24.3bCA$6.0bCA$1.5b16.8x16.8x4.1x
Wed, 08 Nov 2023CA$24.7bCA$5.7bCA$1.9b12.9x13.3x4.3x
Fri, 06 Oct 2023CA$23.7bCA$5.7bCA$2.0b12.2x11.8x4.2x
Sun, 03 Sep 2023CA$25.7bCA$5.7bCA$2.0b13.9x12.8x4.5x
Tue, 01 Aug 2023CA$26.6bCA$5.7bCA$2.0b12x13.5x4.7x
Thu, 29 Jun 2023CA$25.6bCA$5.9bCA$1.4b12.1x18x4.4x
Sat, 27 May 2023CA$32.3bCA$5.9bCA$1.4b12.2x22.5x5.5x
Mon, 24 Apr 2023CA$34.4bCA$5.8bCA$1.9b8.7x18.4x5.9x
Price to Earnings Ratio

18.4x


Total Market Cap: CA$34.4bTotal 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 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 21.0x.
  • The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 5.8x.
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 Market1.72%
Real Estate3.62%
Retail REITs4.56%
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$23.5912.0%
+CA$537.8m		43.1%PB1x
REI.UN RioCan Real Estate Investment TrustCA$21.277.3%
+CA$419.2m		24.2%PB0.9x
CRT.UN CT Real Estate Investment TrustCA$17.753.6%
+CA$147.7m		20.2%PB2.1x
SRU.UN SmartCentres Real Estate Investment TrustCA$28.413.3%
+CA$133.1m		11.5%PB0.8x
PMZ.UN Primaris Real Estate Investment TrustCA$19.155.9%
+CA$126.0m		33.9%PB0.9x

Latest News

SRU.UN
CA$28.41
SmartCentres Real Estate Investment Trust
7D
3.3%
1Y
11.5%
FCR.UN
CA$23.59
First Capital Real Estate Investment Trust
7D
12.0%
1Y
43.1%
CHP.UN
CA$16.13
Choice Properties Real Estate Investment Trust
7D
1.7%
1Y
9.8%
PMZ.UN
CA$19.15
Primaris Real Estate Investment Trust
7D
5.9%
1Y
33.9%
SGR.UN
CA$16.25
Slate Grocery REIT
7D
3.5%
1Y
16.9%
REI.UN
CA$21.27
RioCan Real Estate Investment Trust
7D
7.3%
1Y
24.2%
CRT.UN
CA$17.75
CT Real Estate Investment Trust
7D
3.6%
1Y
20.2%
CRR.UN
CA$16.76
Crombie Real Estate Investment Trust
7D
2.8%
1Y
14.5%