PMREF (Primaris REIT) Tax Rate %: 0.00% (As of Mar. 2026)

What is Primaris REIT Tax Rate %?

Primaris REIT PMREF 82 Tax Rate % is 0.00% as of Mar. 2026. GuruFocus rates PMREF with a GF Score™ of 82/100 and a GF Value™ of $12.89 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Primaris REIT's Tax Expense for the three months ended in Mar. 2026 was $0.0 Mil. Primaris REIT's Pre-Tax Income for the three months ended in Mar. 2026 was $30.6 Mil. Therefore, Primaris REIT's Tax Rate % for the quarter that ended in Mar. 2026 was 0.00%.

Primaris REIT Tax Rate % Related Terms

Primaris REIT Tax Rate % Historical Data

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The historical data trend for Primaris REIT's Tax Rate % 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.

Primaris REIT Tax Rate % Chart

Primaris REIT Annual Data

Trend

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Tax Rate %

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0.00

Primaris REIT Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Tax Rate %	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

82GF Score

Primaris REIT PMREF

Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.

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Primaris REIT Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Primaris REIT's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2025 )	/	Pre-Tax Income (A: Dec. 2025 )
	=	0	/	132.791
	=	0.00 %

Primaris REIT's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2026 )	/	Pre-Tax Income (Q: Mar. 2026 )
	=	0	/	30.552
	=	0.00 %

Frequently Asked Questions Learn more about Tax Rate % →

What does a Tax Rate % of 0.00% mean?

Primaris REIT (PMREF) has a Tax Rate % of 0.00% as of Mar. 2026.

Is Primaris REIT's Tax Rate % too high?

Primaris REIT's current Tax Rate % is 0.00%. 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 Tax Rate % compare to SPG and O?

Primaris REIT's Tax Rate % of 0.00% can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Tax Rate % for a REITs company?

A good Tax Rate % depends on the REITs industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Tax Rate % mean?

A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Primaris REIT's current Tax Rate % is 0.00%. 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 $12.89, compared to a current price of $14.75 — trading 14.4% above its estimated fair value. The current Tax Rate % is 0.00%. 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 Tax Rate % calculated?

Tax Rate % is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Tax Rate % is 0.00% as of Mar. 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 $14.75 is trading 14.4% above its estimated GF Value™ of $12.89. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for PMREF:

Tax Rate %: 0.00%
GF Value™: $12.89 vs. price of $14.75 (14.4% above fair value)
GF Score™: 82/100 with 8 warning signs

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 Business Description

Industry Real Estate REITs

Comparable Companies TSX:SGR.UN TSX:CRT.UN TSX:PLZ.UN TSX:FCD.UN TSX:FCR.UN TSX:SRU.UN TSX:REI.UN TSX:CHP.UN SPG O KIM XPAR:URW REG SGX:C38U ASX:SCG XPAR:LI HKSE:00823 FRT BRX ADC

Other Exchanges H0D:Germany PMZ.UN:Canada

Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website https://www.primarisreit.com

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

Get the complete analysis for PMREF

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.75

Price

$12.89

GF Value

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