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Canadian (TSX) Healthcare Services Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies12
- 7D0.2%
- 3M-0.3%
- 1Y-22.7%
- YTDn/a
The Healthcare Services is pretty flat in the last 7 days, but Viemed Healthcare has stood out, gaining 4.6%. Unfortunately though, the industry is down 23% over the past 12 months. Looking forward, earnings are forecast to grow by 80% annually.
Industry Valuation and Performance
Has the Canadian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | CA$4.4b | CA$3.5b | -CA$124,480,951.37 | 361.8x | -35.2x | 1.2x |
| Mon, 25 Mar 2024 | CA$4.3b | CA$3.5b | -CA$92,293,187.81 | 507x | -47.1x | 1.2x |
| Wed, 21 Feb 2024 | CA$4.3b | CA$3.4b | -CA$69,014,224.53 | 153.5x | -62.4x | 1.3x |
| Fri, 19 Jan 2024 | CA$5.0b | CA$3.7b | -CA$112,155,256.00 | 33x | -44.9x | 1.4x |
| Sun, 17 Dec 2023 | CA$5.0b | CA$3.7b | -CA$107,299,243.00 | 39.1x | -46.5x | 1.4x |
| Tue, 14 Nov 2023 | CA$4.8b | CA$3.6b | -CA$188,745,500.00 | 29.5x | -25.4x | 1.3x |
| Thu, 12 Oct 2023 | CA$4.8b | CA$3.6b | -CA$192,830,506.00 | 35.3x | -25.1x | 1.3x |
| Sat, 09 Sep 2023 | CA$5.2b | CA$3.6b | -CA$192,862,261.00 | 38.4x | -26.9x | 1.4x |
| Mon, 07 Aug 2023 | CA$5.4b | CA$3.6b | -CA$225,358,008.00 | 53.8x | -24x | 1.5x |
| Wed, 05 Jul 2023 | CA$5.4b | CA$3.5b | -CA$209,169,984.00 | 62.7x | -26x | 1.5x |
| Fri, 02 Jun 2023 | CA$5.6b | CA$3.6b | -CA$212,027,883.00 | 63x | -26.5x | 1.6x |
| Sun, 30 Apr 2023 | CA$6.5b | CA$4.4b | -CA$390,248,179.00 | 50.5x | -16.6x | 1.5x |
| Tue, 28 Mar 2023 | CA$6.1b | CA$4.4b | -CA$394,813,637.00 | 45.6x | -15.6x | 1.4x |
| Thu, 23 Feb 2023 | CA$6.2b | CA$4.3b | -CA$427,237,044.00 | 30.3x | -14.5x | 1.4x |
| Sat, 21 Jan 2023 | CA$5.7b | CA$4.2b | -CA$496,072,057.00 | 38x | -11.4x | 1.3x |
| Mon, 19 Dec 2022 | CA$5.4b | CA$4.3b | -CA$505,555,464.00 | 35.1x | -10.6x | 1.3x |
| Wed, 16 Nov 2022 | CA$5.1b | CA$4.2b | -CA$501,226,845.00 | 33.6x | -10.3x | 1.2x |
| Fri, 14 Oct 2022 | CA$5.2b | CA$4.0b | -CA$406,340,098.00 | 34.9x | -12.9x | 1.3x |
| Sun, 11 Sep 2022 | CA$6.2b | CA$3.9b | -CA$444,993,994.00 | 43.3x | -14x | 1.6x |
| Tue, 09 Aug 2022 | CA$6.2b | CA$3.5b | -CA$473,631,032.00 | 29.2x | -13x | 1.8x |
| Thu, 07 Jul 2022 | CA$6.2b | CA$3.6b | -CA$503,134,359.00 | 24.9x | -12.4x | 1.8x |
| Sat, 04 Jun 2022 | CA$6.4b | CA$3.5b | -CA$489,003,775.00 | 24.4x | -13.1x | 1.8x |
| Mon, 02 May 2022 | CA$6.9b | CA$3.1b | -CA$672,907,483.00 | 21.2x | -10.3x | 2.3x |
| Wed, 30 Mar 2022 | CA$7.5b | CA$3.0b | -CA$659,759,202.00 | 23.6x | -11.4x | 2.5x |
| Fri, 25 Feb 2022 | CA$7.1b | CA$2.8b | -CA$660,966,457.00 | 24.9x | -10.7x | 2.5x |
| Sun, 23 Jan 2022 | CA$7.7b | CA$2.8b | -CA$647,910,950.00 | 29.6x | -11.9x | 2.8x |
| Tue, 21 Dec 2021 | CA$8.1b | CA$2.8b | -CA$656,614,430.00 | 18.5x | -12.3x | 2.9x |
| Thu, 18 Nov 2021 | CA$9.0b | CA$2.6b | -CA$575,607,089.00 | 20.2x | -15.6x | 3.4x |
| Sat, 16 Oct 2021 | CA$8.8b | CA$2.4b | -CA$561,163,296.00 | 22.9x | -15.6x | 3.7x |
| Mon, 13 Sep 2021 | CA$9.3b | CA$2.4b | -CA$559,182,420.09 | 24.8x | -16.7x | 3.9x |
| Wed, 11 Aug 2021 | CA$9.3b | CA$2.4b | -CA$559,182,420.09 | 25.6x | -16.6x | 3.9x |
| Sun, 06 Jun 2021 | CA$8.3b | CA$2.0b | -CA$536,101,375.80 | 27.9x | -15.4x | 4.2x |
Price to Earnings Ratio
-15.8x
Current Industry PE
- Investors are pessimistic on the Canadian Healthcare Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Healthcare Services industry have improved over the last three years.
- Revenues for these companies have grown 41% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Canadian Healthcare Services compare with similar industries?
| CA Market | 0.82% | |
| Healthcare | 0.11% | |
| Healthcare Services | -0.27% | |
| Healthcare Services | 0.17% | |
| Healthcare Distributors | 0% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -0.67% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VMD Viemed Healthcare | CA$10.45 | 4.6% +CA$17.7m | 3.9% | PE33x | |
| WELL WELL Health Technologies | CA$3.59 | 2.0% +CA$17.2m | -35.4% | PE10761.6x | |
| QIPT Quipt Home Medical | CA$4.98 | 5.1% +CA$10.2m | -38.5% | PS0.7x | |
| AIDX Healwell AI | CA$1.54 | 2.0% +CA$5.0m | 755.6% | PS24x | |
| BRAX Braxia Scientific | CA$0.01 | 100.0% +CA$1.4m | -60.0% | PS1.3x |
