Primaris REITPMREF 82 12-1 Month Momentum % is 26.11% as of Jul. 11, 2026. GuruFocus rates PMREF with a GF Score™ of 82/100 and a GF Value™ of $13.14 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 966 REITs companies, Primaris REIT ranks better than 91.72% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-07-11), Primaris REIT's 12-1 Month Momentum % is 26.11%.
The industry rank for Primaris REIT's 12-1 Month Momentum % or its related term are showing as below:
PMREF's 12-1 Month Momentum % is ranked better than 91.72% of 966
companies
in the REITs industry
Industry Median: 0.58
vs PMREF: 26.11
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Primaris REIT 12-1 Month Momentum % Related Terms
PMREF vs SPG, O, KIM: 12-1 Month Momentum % Comparison
For the REIT - Retail subindustry, Primaris REIT's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % vs REITs Industry
For the REITs industry and Real Estate sector, Primaris REIT's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Primaris REIT's 12-1 Month Momentum % falls into.
* 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 12-1 Month Momentum % of 26.11% as of Jul. 11, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Primaris REIT and its competitors. According to the industry distribution chart, Primaris REIT ranks #80 out of 966 companies in the REITs industry, placing it in the top 8.3%.
Is Primaris REIT's 12-1 Month Momentum % too high?
Primaris REIT's current 12-1 Month Momentum % is 26.11%. The REITs industry median 12-1 Month Momentum % is 0.58. Primaris REIT's value of 26.11% is 4401.7% above this industry median. Based on the distribution chart, Primaris REIT ranks #80 out of 966 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 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's 12-1 Month Momentum % compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #80 out of 966 companies for 12-1 Month Momentum %. This places Primaris REIT in the top 8% of its industry — outperforming the majority of peers. The industry median 12-1 Month Momentum % is 0.58. Primaris REIT's value of 26.11% is 4401.7% 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 12-1 Month Momentum % for a REITs company?
The median 12-1 Month Momentum % among REITs companies is 0.58, based on 966 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Primaris REIT's current 12-1 Month Momentum % of 26.11% is 4401.7% 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 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Primaris REIT and its competitors. For the REITs industry, the median 12-1 Month Momentum % is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current 12-1 Month Momentum % is 26.11%. 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 Modestly Overvalued. The stock's GF Value™ is $13.14, compared to a current price of $15.60 — trading 18.7% above its estimated fair value. The current 12-1 Month Momentum % is 26.11% and 4401.7% above the REITs industry median of 0.58. Primaris REIT's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Primaris REIT (PMREF), the current 12-1 Month Momentum % is 26.11% as of Jul. 11, 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 $15.60 is trading 18.7% above its estimated GF Value™ of $13.14.
GuruFocus considers Primaris REIT to be Modestly Overvalued.
Key valuation signals for PMREF:
12-1 Month Momentum %: 26.11%
GF Value™: $13.14 vs. price of $15.60 (18.7% above fair value)
Industry Position: 4401.7% above the REITs median (#80 of 966)
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.
82GF Score
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