PMREF (Primaris REIT) Total Payout Ratio: 0.78 (As of Jul. 03, 2026)


PMREF Primaris REIT PMREF
83 GF Score
Price $14.75
GF Value $13.14
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Primaris REIT Total Payout Ratio?

Primaris REIT PMREF 83 Total Payout Ratio is 0.78 as of Jul. 03, 2026. GuruFocus rates PMREF with a GF Score™ of 83/100 and a GF Value™ of $13.14 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Primaris REIT's current Total Payout Ratio is 0.78.


Primaris REIT Total Payout Ratio Related Terms


Primaris REIT Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for Primaris REIT's Total Payout Ratio 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 Total Payout Ratio Chart

Primaris REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -10.56 1.37 0.84 0.06

Primaris REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 1.24 0.70 0.52 0.70

PMREF vs SPG, O, KIM: Total Payout Ratio Comparison

For the REIT - Retail subindustry, Primaris REIT's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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 Total Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Primaris REIT's Total Payout Ratio falls into.


PMREF
83GF Score
Primaris REIT PMREF
Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Primaris REIT Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Primaris REIT's Total Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (-57.43 + 116.253 + -66.177) / 132.791
=0.06

Primaris REIT's Total Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (-2.434 + 0 + -18.906) / 30.552
=0.70

* 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.

Frequently Asked Questions Learn more about Total Payout Ratio →
What does a Total Payout Ratio of 0.78 mean?
Primaris REIT (PMREF) has a Total Payout Ratio of 0.78 as of Jul. 03, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Primaris REIT and its competitors.
Is Primaris REIT's Total Payout Ratio too high?
Primaris REIT's current Total Payout Ratio is 0.78. Overall, Primaris REIT has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Total Payout Ratio compare to SPG and O?
Primaris REIT's Total Payout Ratio of 0.78 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 Total Payout Ratio for a REITs company?
A good Total Payout Ratio depends on the REITs industry context. However, Total Payout Ratio 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 Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Primaris REIT and its competitors. Primaris REIT's current Total Payout Ratio is 0.78. 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 $14.75 — trading 12.3% above its estimated fair value. The current Total Payout Ratio is 0.78. 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 Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For Primaris REIT (PMREF), the current Total Payout Ratio is 0.78 as of Jul. 03, 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 12.3% above its estimated GF Value™ of $13.14. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for PMREF:

  • Total Payout Ratio: 0.78
  • GF Value™: $13.14 vs. price of $14.75 (12.3% above fair value)
  • GF Score™: 83/100 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 EstateREITs
Other Exchanges H0D:GermanyPMZ.UN:Canada
Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
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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Total Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.75
Price
$13.14
GF Value