Granite Real Estate Investment Trust (TO:GRT-UN) — Market Cap & Net Worth
Market Cap & Net Worth: Granite Real Estate Investment Trust (GRT-UN)
Granite Real Estate Investment Trust (TO:GRT-UN) has a market capitalization of $4.23 Billion (CA$5.84 Billion) as of August 1, 2026. Listed on the TO stock exchange, this Canada-based company holds position #3930 globally and #133 in its home market, demonstrating a -1.26% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Granite Real Estate Investment Trust's stock price CA$96.21 by its total outstanding shares 60709517 (60.71 Million). See Granite Real Estate Investment Trust (GRT-UN) capital reinvestment to understand how much of operating cash flow is reinvested back into capital assets.
Granite Real Estate Investment Trust Market Cap History: 2015 to 2026
Granite Real Estate Investment Trust's market capitalization history from 2015 to 2026. Data shows growth from $1.09 Billion to $4.23 Billion (13.24% CAGR).
Index Memberships
Granite Real Estate Investment Trust is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.83 Trillion | 0.11% | #115 of 225 |
Weight: Granite Real Estate Investment Trust's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Granite Real Estate Investment Trust Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Granite Real Estate Investment Trust's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
5.80x
Granite Real Estate Investment Trust's market cap is 5.80 times its annual revenue
Latest Price to Earnings (P/E) Ratio
10.48x
Granite Real Estate Investment Trust's market cap is 10.48 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $1.38 Billion | $223.40 Million | $279.32 Million | 6.17x | 4.94x |
| 2017 | $1.60 Billion | $222.64 Million | $357.70 Million | 7.20x | 4.48x |
| 2018 | $1.83 Billion | $247.48 Million | $465.16 Million | 7.41x | 3.94x |
| 2019 | $2.38 Billion | $273.68 Million | $382.08 Million | 8.69x | 6.22x |
| 2020 | $2.93 Billion | $340.20 Million | $429.80 Million | 8.60x | 6.81x |
| 2021 | $4.10 Billion | $393.49 Million | $1.31 Billion | 10.41x | 3.13x |
| 2022 | $2.79 Billion | $455.58 Million | $155.77 Million | 6.13x | 17.92x |
| 2023 | $3.21 Billion | $521.25 Million | $136.66 Million | 6.17x | 23.52x |
| 2024 | $3.06 Billion | $569.14 Million | $360.61 Million | 5.38x | 8.50x |
| 2025 | $3.59 Billion | $618.70 Million | $342.34 Million | 5.80x | 10.48x |
Competitor Companies of GRT-UN by Market Capitalization
Companies near Granite Real Estate Investment Trust in the global market cap rankings as of August 1, 2026.
Key companies related to Granite Real Estate Investment Trust by market ranking:
- Prologis Inc (NYSE:PLD): Ranked #183 globally with a market cap of $126.68 Billion USD.
- Public Storage (NYSE:PSA): Ranked #501 globally with a market cap of $52.71 Billion USD.
- Extra Space Storage Inc (NYSE:EXR): Ranked #861 globally with a market cap of $31.28 Billion USD.
- FIBRA Prologis (MX:FIBRAPL14): Ranked #1512 globally with a market cap of $16.38 Billion USD ( MX$284.54 Billion MXN).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #183 | Prologis Inc | NYSE:PLD | $126.68 Billion | $144.61 |
| #501 | Public Storage | NYSE:PSA | $52.71 Billion | $324.17 |
| #861 | Extra Space Storage Inc | NYSE:EXR | $31.28 Billion | $148.04 |
| #1512 | FIBRA Prologis | MX:FIBRAPL14 | $16.38 Billion | MX$77.78 |
Granite Real Estate Investment Trust Historical Marketcap From 2015 to 2026
Between 2015 and today, Granite Real Estate Investment Trust's market cap moved from $1.09 Billion to $ 4.23 Billion, with a yearly change of 13.24%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$4.23 Billion | +17.75% |
| 2025 | CA$3.59 Billion | +17.13% |
| 2024 | CA$3.06 Billion | -4.70% |
| 2023 | CA$3.21 Billion | +15.18% |
| 2022 | CA$2.79 Billion | -31.89% |
| 2021 | CA$4.10 Billion | +40.08% |
| 2020 | CA$2.93 Billion | +22.99% |
| 2019 | CA$2.38 Billion | +29.65% |
| 2018 | CA$1.83 Billion | +14.45% |
| 2017 | CA$1.60 Billion | +16.24% |
| 2016 | CA$1.38 Billion | +26.00% |
| 2015 | CA$1.09 Billion | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Granite Real Estate Investment Trust was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.23 Billion USD |
| MoneyControl | $4.23 Billion USD |
| MarketWatch | $4.23 Billion USD |
| marketcap.company | $4.23 Billion USD |
| Reuters | $4.23 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Granite Real Estate Investment Trust
Granite Real Estate Investment Trust is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 147 investment properties representing approximately 62.6 million square feet of leasable area. Granite Real Estate Investment Trust was incorporated in 2003 in Ontario, Canada.