Pro Real Estate Investment Trust (PRV-UN) - Net Assets

Latest as of December 2025: CA$522.26 Million CAD ≈ $377.79 Million USD

Based on the latest financial reports, Pro Real Estate Investment Trust (PRV-UN) has net assets worth CA$522.26 Million CAD (≈ $377.79 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.08 Billion ≈ $779.04 Million USD) and total liabilities (CA$554.68 Million ≈ $401.25 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read how much debt does Pro Real Estate Investment Trust carry for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$522.26 Million
% of Total Assets	48.49%
Annual Growth Rate	61.83%
5-Year Change	21.54%
10-Year Change	453.92%
Growth Volatility	973.58

Pro Real Estate Investment Trust - Net Assets Trend (2011–2025)

This chart illustrates how Pro Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. Also explore Pro Real Estate Investment Trust asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Pro Real Estate Investment Trust (2011–2025)

The table below shows the annual net assets of Pro Real Estate Investment Trust from 2011 to 2025. For live valuation and market cap data, see Pro Real Estate Investment Trust market cap and net worth.

Year	Net Assets	Change
2025-12-31	CA$522.26 Million ≈ $377.79 Million	+12.40%
2024-12-31	CA$464.65 Million ≈ $336.12 Million	-4.79%
2023-12-31	CA$488.03 Million ≈ $353.04 Million	+0.07%
2022-12-31	CA$487.69 Million ≈ $352.79 Million	+13.50%
2021-12-31	CA$429.69 Million ≈ $310.83 Million	+76.68%
2020-12-31	CA$243.20 Million ≈ $175.93 Million	+3.22%
2019-12-31	CA$235.61 Million ≈ $170.44 Million	+27.85%
2018-12-31	CA$184.28 Million ≈ $133.31 Million	+60.66%
2017-12-31	CA$114.71 Million ≈ $82.98 Million	+21.66%
2016-12-31	CA$94.28 Million ≈ $68.20 Million	+39.89%
2015-12-31	CA$67.40 Million ≈ $48.76 Million	+48.02%
2014-12-31	CA$45.53 Million ≈ $32.94 Million	+141.03%
2013-12-31	CA$18.89 Million ≈ $13.67 Million	+3809.37%
2012-12-31	CA$483.22K ≈ $349.56K	-21.76%
2011-12-31	CA$617.60K ≈ $446.76K	--

Equity Component Analysis

This analysis shows how different components contribute to Pro Real Estate Investment Trust's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 10714021600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CA$107.13 Million	21.56%
Common Stock	CA$389.76 Million	78.44%
Total Equity	CA$496.89 Million	100.00%

Pro Real Estate Investment Trust Competitors by Market Cap

The table below lists competitors of Pro Real Estate Investment Trust ranked by their market capitalization.

Company	Market Cap
Cohen Circle Acquisition Corp. I Class A Ordinary Shares NASDAQ:CCIR	$301.18 Million
Materialise NV F:06MA	$301.24 Million
Byggmax Group AB ST:BMAX	$301.25 Million
Cybin Inc NEO:CYBN	$301.37 Million
Shenzhen Jianyi Decoration Group Co Ltd SHE:002789	$301.08 Million
TOYO Co., Ltd Ordinary Shares NASDAQ:TOYO	$301.06 Million
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS IS:VAKKO	$301.02 Million
China Shengmu Organic Milk Limited F:7OM	$300.99 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pro Real Estate Investment Trust's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 464,647,000 to 496,892,000, a change of 32,245,000 (6.9%).
Net income of 35,348,000 contributed positively to equity growth.
Dividend payments of 27,752,000 reduced retained earnings.
Other factors increased equity by 24,649,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$35.35 Million	+7.11%
Dividends Paid	CA$27.75 Million	-5.59%
Other Changes	CA$24.65 Million	+4.96%
Total Change	CA$-	6.94%

Book Value vs Market Value Analysis

This analysis compares Pro Real Estate Investment Trust's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.87x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 1.15x to 0.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	CA$5.69	CA$6.55	x
2012-12-31	CA$2.47	CA$6.55	x
2013-12-31	CA$7.95	CA$6.55	x
2014-12-31	CA$7.11	CA$6.55	x
2015-12-31	CA$6.63	CA$6.55	x
2016-12-31	CA$6.44	CA$6.55	x
2017-12-31	CA$6.32	CA$6.55	x
2018-12-31	CA$6.45	CA$6.55	x
2019-12-31	CA$6.64	CA$6.55	x
2020-12-31	CA$5.95	CA$6.55	x
2021-12-31	CA$8.60	CA$6.55	x
2022-12-31	CA$7.87	CA$6.55	x
2023-12-31	CA$8.24	CA$6.55	x
2024-12-31	CA$7.82	CA$6.55	x
2025-12-31	CA$7.54	CA$6.55	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pro Real Estate Investment Trust utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 7.11%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 33.96%
• Asset Turnover: 0.10x
• Equity Multiplier: 2.17x
Recent ROE (7.11%) is above the historical average (5.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	-25.90%	0.00%	0.00x	1.03x	CA$-221.73K
2012	-27.81%	0.00%	0.00x	1.05x	CA$-182.70K
2013	22.22%	279.30%	0.02x	3.71x	CA$2.31 Million
2014	11.27%	55.86%	0.06x	3.11x	CA$579.70K
2015	7.64%	28.31%	0.09x	3.01x	CA$-1.59 Million
2016	7.07%	29.04%	0.09x	2.74x	CA$-2.76 Million
2017	8.77%	33.92%	0.08x	3.19x	CA$-1.42 Million
2018	10.19%	45.90%	0.08x	2.77x	CA$341.60K
2019	3.32%	13.57%	0.09x	2.69x	CA$-15.74 Million
2020	0.76%	2.66%	0.11x	2.61x	CA$-22.46 Million
2021	19.05%	105.37%	0.08x	2.30x	CA$38.87 Million
2022	28.04%	140.68%	0.09x	2.12x	CA$87.98 Million
2023	5.31%	25.93%	0.10x	2.12x	CA$-22.90 Million
2024	0.51%	2.39%	0.10x	2.15x	CA$-44.09 Million
2025	7.11%	33.96%	0.10x	2.17x	CA$-14.34 Million

Industry Comparison

This section compares Pro Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Industrial industry.

Industry Context

Industry: REIT - Industrial
Average net assets among peers: $1,004,304,708
Average return on equity (ROE) among peers: 8.53%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pro Real Estate Investment Trust (PRV-UN)	CA$522.26 Million	-25.90%	1.06x	$301.15 Million
Dream Industrial Real Estate Investment Trust (DIR-UN)	$989.33 Million	15.92%	1.18x	$2.84 Billion
Granite Real Estate Investment Trust (GRT-UN)	$1.95 Billion	1.31%	0.20x	$4.09 Billion
Nexus Real Estate Investment Trust (NXR-UN)	$69.39 Million	8.36%	1.35x	$419.68 Million

About Pro Real Estate Investment Trust

TO:PRV-UN Canada REIT - Industrial

Market Cap

$301.15 Million

CA$416.31 Million CAD

Market Cap Rank

#14952 Global

#443 in Canada

Share Price

CA$6.55

Change (1 day)

+0.46%

52-Week Range

CA$5.08 - CA$6.85

All Time High

CA$6.85