Primaris REITPMREF 83 Market Cap is $1,752.4 Mil as of Jun. 24, 2026. GuruFocus rates PMREF with a GF Score™ of 83/100 and a GF Value™ of $13.25 (Fairly Valued). The stock has 8 warning signs investors should review. Among 982 REITs companies, Primaris REIT ranks better than 78.31% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Primaris REIT's share price for the quarter that ended in Mar. 2026 was $12.15. Primaris REIT's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 117.8 Mil. Therefore, Primaris REIT's market cap for the quarter that ended in Mar. 2026 was $1,430.8 Mil.
Primaris REIT's quarterly market cap
increased
from Sep. 2025 ($1,192.1 Mil) to Dec. 2025 ($1,312.9 Mil) and
increased
from Dec. 2025 ($1,312.9 Mil) to Mar. 2026 ($1,430.8 Mil).
Primaris REIT's annual market cap
increased
from Dec. 2023 ($980.3 Mil) to Dec. 2024 ($1,073.4 Mil) and
increased
from Dec. 2024 ($1,073.4 Mil) to Dec. 2025 ($1,312.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Primaris REIT's Enterprise Value for Today is $3,285.2 Mil.
Primaris REIT (OTCPK:PMREF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Primaris REIT Market Cap Related Terms
Primaris REIT Market Cap Historical Data
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The historical data trend for Primaris REIT's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Retail subindustry, Primaris REIT's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Primaris REIT Market Cap vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's Market Cap distribution charts can be found below:
* The bar in red indicates where Primaris REIT's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Primaris REIT's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Primaris REIT (PMREF) has a Market Cap of $1,752.4 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Primaris REIT and its competitors. According to the industry distribution chart, Primaris REIT ranks #213 out of 982 companies in the REITs industry, placing it in the top 21.7%.
Is Primaris REIT's Market Cap too high?
Primaris REIT's current Market Cap is $1,752.4 Mil. The REITs industry median Market Cap is 281.89. Primaris REIT's value of $1,752.4 Mil is 521.7% above this industry median. Based on the distribution chart, Primaris REIT ranks #213 out of 982 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Primaris REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Market Cap compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #213 out of 982 companies for Market Cap. This places Primaris REIT in the top 22% of its industry — outperforming the majority of peers. The industry median Market Cap is 281.89. Primaris REIT's value of $1,752.4 Mil is 521.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 281.89, based on 982 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current Market Cap of $1,752.4 Mil is 521.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Primaris REIT and its competitors. For the REITs industry, the median Market Cap is 281.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current Market Cap is $1,752.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (PMREF) is currently considered Fairly Valued. The stock's GF Value™ is $13.25, compared to a current price of $14.30 — trading 7.9% above its estimated fair value. The current Market Cap is $1,752.4 Mil and 521.7% above the REITs industry median of 281.89. Primaris REIT's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Market Cap is $1,752.4 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Primaris REIT (PMREF) Overvalued in 2026?
Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued.
The current stock price of $14.30 is trading 7.9% above its estimated GF Value™ of $13.25.
GuruFocus considers Primaris REIT to be Fairly Valued.
Key valuation signals for PMREF:
Market Cap: $1,752.4 Mil
GF Value™: $13.25 vs. price of $14.30 (7.9% above fair value)
Industry Position: 521.7% above the REITs median (#213 of 982)
No single metric tells the full story. See the PMREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
83GF Score
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