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Canadian (TSX) Retail REITs Industry Analysis

UpdatedJan 20, 2025
DataAggregated Company Financials
Companies9
  • 7D-0.8%
  • 3M-9.0%
  • 1Y-3.2%
  • YTD-2.3%

Over the last 7 days, the Retail REITs industry has remained flat. Unfortunately though, the industry is down 3.2% over the past 12 months. Earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Jan 2025CA$31.0bCA$6.3bCA$698.3m21.8x44.4x4.9x
Wed, 18 Dec 2024CA$32.4bCA$6.3bCA$697.8m23x46.4x5.1x
Fri, 15 Nov 2024CA$27.4bCA$6.4bCA$697.1m23.6x39.3x4.3x
Sun, 13 Oct 2024CA$27.9bCA$6.2bCA$1.3b21.3x21.1x4.5x
Tue, 10 Sep 2024CA$28.1bCA$6.2bCA$1.3b20.9x21.2x4.5x
Thu, 08 Aug 2024CA$26.0bCA$6.2bCA$1.3b19.3x19.4x4.2x
Sat, 06 Jul 2024CA$24.2bCA$6.2bCA$1.3b15x18.3x3.9x
Mon, 03 Jun 2024CA$24.1bCA$6.2bCA$1.3b15.3x18.2x3.9x
Wed, 01 May 2024CA$24.3bCA$6.1bCA$1.3b21.3x18.2x4x
Fri, 29 Mar 2024CA$25.7bCA$6.1bCA$1.5b22.5x17.6x4.2x
Sun, 25 Feb 2024CA$26.1bCA$6.1bCA$1.5b19.3x17.6x4.3x
Tue, 23 Jan 2024CA$26.5bCA$6.0bCA$1.5b18.6x18.3x4.4x
Thu, 21 Dec 2023CA$25.9bCA$6.0bCA$1.5b17.6x17.8x4.3x
Sat, 18 Nov 2023CA$24.4bCA$6.0bCA$1.4b16.4x16.8x4.1x
Mon, 16 Oct 2023CA$24.1bCA$5.7bCA$2.0b12.4x12x4.2x
Wed, 13 Sep 2023CA$25.4bCA$5.7bCA$2.0b13.8x12.7x4.5x
Fri, 11 Aug 2023CA$26.3bCA$5.7bCA$2.0b14.2x13.1x4.6x
Sun, 09 Jul 2023CA$25.7bCA$5.9bCA$1.4b12.2x18x4.4x
Tue, 06 Jun 2023CA$32.2bCA$5.9bCA$1.4b12.3x22.5x5.5x
Thu, 04 May 2023CA$33.3bCA$5.8bCA$1.8b8.2x19x5.7x
Sat, 01 Apr 2023CA$33.6bCA$5.8bCA$1.9b8.6x18x5.8x
Price to Earnings Ratio

18x


Total Market Cap: CA$33.6bTotal Earnings: CA$1.9bTotal Revenue: CA$5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Retail REITs Industry Price to Earnings3Y Average 20.4xAprilJulyOctober2024AprilJulyOctober2025
Current Industry PE
  • Investors are optimistic on the Canadian Retail REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.4x which is higher than its 3-year average PE of 20.4x.
  • The industry is trading close to its 3-year average PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Retail REITs industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.7% 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, which has decreased profits.

Industry Trends

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

CA Market1.22%
Real Estate0.64%
Retail REITs-0.81%
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$16.801.1%
+CA$40.3m
7.8%PB0.9x
SGR.UN Slate Grocery REITCA$13.231.5%
+CA$11.2m
4.3%PB0.8x
CRR.UN Crombie Real Estate Investment TrustCA$13.200.3%
+CA$7.4m
-4.8%PB1.3x
PMZ.UN Primaris Real Estate Investment TrustCA$14.620.4%
+CA$6.0m
5.1%PB0.7x
PLZ.UN Plaza Retail REITCA$3.530.6%
+CA$2.2m
-5.9%PB0.7x
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Latest News

SRU.UN

CA$24.20

SmartCentres Real Estate Investment Trust

7D

-0.08%

1Y

-3.1%

PLZ.UN

CA$3.53

Plaza Retail REIT

7D

0.6%

1Y

-5.9%

SGR.UN

CA$13.23

Slate Grocery REIT

7D

1.5%

1Y

4.3%

PMZ.UN

CA$14.62

Primaris Real Estate Investment Trust

7D

0.4%

1Y

5.1%

CRT.UN

CA$13.95

CT Real Estate Investment Trust

7D

-1.6%

1Y

-5.4%