Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies53
  • 7D-2.2%
  • 3M-2.0%
  • 1Y31.4%
  • YTD-2.7%

Over the last 7 days, the Consumer Discretionary industry has dropped 2.2%, driven by Restaurant Brands International Limited Partnership declining 3.2%. In contrast, PesoRama has gained 10%. This takes the industry's 12 month performance to a gain of 31%. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

Has the Canadian Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Mar 2026CA$180.9bCA$145.4bCA$7.3b15.8x24.8x1.2x
Wed, 11 Feb 2026CA$179.9bCA$143.8bCA$7.6b20.5x23.6x1.3x
Fri, 09 Jan 2026CA$181.9bCA$145.1bCA$7.6b19.9x23.9x1.3x
Sun, 07 Dec 2025CA$180.2bCA$144.4bCA$7.5b19x24x1.2x
Tue, 04 Nov 2025CA$167.9bCA$145.6bCA$7.6b16.9x22.2x1.2x
Thu, 02 Oct 2025CA$165.0bCA$144.5bCA$7.7b18x21.4x1.1x
Sat, 30 Aug 2025CA$160.3bCA$143.1bCA$7.6b17.6x21.1x1.1x
Mon, 28 Jul 2025CA$160.5bCA$142.7bCA$7.7b17.5x20.9x1.1x
Wed, 25 Jun 2025CA$155.7bCA$142.6bCA$7.6b16.2x20.6x1.1x
Fri, 23 May 2025CA$141.7bCA$135.6bCA$7.4b15.9x19.1x1x
Sun, 20 Apr 2025CA$129.0bCA$137.9bCA$7.0b14.8x18.5x0.9x
Tue, 18 Mar 2025CA$136.7bCA$149.8bCA$7.2b17x19x0.9x
Thu, 13 Feb 2025CA$141.2bCA$148.7bCA$8.2b14.8x17.3x0.9x
Sat, 11 Jan 2025CA$139.7bCA$149.3bCA$8.2b14.5x17.1x0.9x
Mon, 09 Dec 2024CA$145.1bCA$147.5bCA$8.0b14.8x18.1x1x
Wed, 06 Nov 2024CA$139.7bCA$145.0bCA$7.6b16.8x18.4x1x
Fri, 04 Oct 2024CA$138.8bCA$143.3bCA$7.4b17.8x18.7x1x
Sun, 01 Sep 2024CA$139.5bCA$144.6bCA$7.7b17.3x18x1x
Tue, 30 Jul 2024CA$138.2bCA$146.8bCA$8.0b14x17.3x0.9x
Thu, 27 Jun 2024CA$130.6bCA$146.0bCA$8.0b13.6x16.4x0.9x
Sat, 25 May 2024CA$132.5bCA$147.3bCA$8.0b12.9x16.5x0.9x
Mon, 22 Apr 2024CA$132.8bCA$146.7bCA$8.2b13.9x16.2x0.9x
Wed, 20 Mar 2024CA$137.2bCA$145.9bCA$8.1b15.2x17x0.9x
Fri, 16 Feb 2024CA$134.8bCA$145.6bCA$7.6b15.4x17.7x0.9x
Sun, 14 Jan 2024CA$137.9bCA$149.3bCA$7.7b15.9x17.9x0.9x
Tue, 12 Dec 2023CA$105.3bCA$144.5bCA$6.9b15.2x15.3x0.7x
Thu, 09 Nov 2023CA$104.5bCA$146.3bCA$7.2b14.3x14.6x0.7x
Sat, 07 Oct 2023CA$103.9bCA$143.3bCA$7.2b14.7x14.5x0.7x
Mon, 04 Sep 2023CA$112.4bCA$142.5bCA$7.1b16x15.9x0.8x
Wed, 02 Aug 2023CA$117.4bCA$137.0bCA$6.5b16.5x18.2x0.9x
Fri, 30 Jun 2023CA$113.6bCA$136.2bCA$6.5b15.7x17.6x0.8x
Sun, 28 May 2023CA$109.5bCA$137.7bCA$6.5b15.4x16.9x0.8x
Tue, 25 Apr 2023CA$111.2bCA$134.9bCA$6.8b15.8x16.4x0.8x
Thu, 23 Mar 2023CA$88.3bCA$107.9bCA$5.0b13.8x17.7x0.8x
Price to Earnings Ratio

17.7x


Total Market Cap: CA$88.3bTotal Earnings: CA$5.0bTotal Revenue: CA$107.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.6x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Consumer Discretionary industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.8x which is higher than its 3-year average PE of 18.6x.
  • The 3-year average PS ratio of 0.96x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 10% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Consumer Discretionary sector?

CA Market-1.85%
Consumer Discretionary-2.18%
Retail Distributors14.29%
Auto0%0
Online Retail and Ecommerce0%0
Specialty Stores-1.08%
General Merchandise and Department Stores-1.40%
Leisure-1.77%
Hospitality-2.90%
Auto Components-3.25%
Luxury-3.58%
Consumer Durables-4.23%
Consumer Services-4.78%
Industry PE
  • Investors are most optimistic about the Leisure industry which is trading above its 3-year average PE ratio of 20.6x.
    • Analysts are expecting annual earnings growth of 23.4%, which is higher than its past year's earnings decline of 41.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Luxury industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings decline of 36% per year.
  • In contrast, the General Merchandise and Department Stores industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PESO PesoRamaCA$0.3810.1%
+CA$6.0m		216.7%PS2.6x
GH GamehostCA$11.882.1%
+CA$5.2m		16.6%PE11.4x
ROOT RootsCA$3.463.9%
+CA$5.1m		53.8%PS0.5x
XX AvanteCA$1.2614.5%
+CA$4.3m		40.0%PS0.9x
ICE Canlan Ice SportsCA$4.306.7%
+CA$3.6m		10.3%PE14.7x

Latest News

SRV.UN
CA$15.80
SIR Royalty Income Fund
7D
2.6%
1Y
22.3%
GH
CA$11.88
Gamehost
7D
2.1%
1Y
16.6%
BPF.UN
CA$24.05
Boston Pizza Royalties Income Fund
7D
0.4%
1Y
41.2%
PET
CA$22.79
Pet Valu Holdings
7D
-5.7%
1Y
-6.8%

PET: Store Expansion And Wholesale Mix Shifts Will Support Future Upside

The analyst fair value estimate for Pet Valu Holdings has shifted to CA$32.15 from CA$38.20. This reflects a series of lower Street price targets around CA$28 to CA$34, as analysts factor in softer Q4 demand, a more competitive promotional backdrop, and guidance that fell below prior expectations.
CTC.A
CA$186.81
Canadian Tire Corporation
7D
-1.6%
1Y
29.3%

CTC.A: Loyalty And AI Partnerships Will Guide Cautious Fair Value Expectations

Analysts have lifted our implied fair value for Canadian Tire Corporation by about CA$2 to CA$191.45. This reflects higher Street price targets and updated assumptions for discount rate, profit margin, and future P/E in line with recent TD Securities, CIBC, BMO Capital, and Scotiabank research.
GIL
CA$80.58
Gildan Activewear
7D
-3.7%
1Y
20.5%
MG
CA$75.59
Magna International
7D
-3.8%
1Y
44.0%

MG: Dividend Strength And Buybacks Will Support Confidence In 2026 Guidance

Analysts have nudged their fair value estimate for Magna International up from CA$85.36 to CA$89.71, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Magna confirmed earnings guidance for 2026, with expected sales in a range of US$41.9b to US$43.5b (company guidance).
DOO
CA$87.51
BRP
7D
-1.8%
1Y
55.9%

DOO: Fair Outlook Weighs Short-Term Catalyst Watch Against Leadership And Capital Moves

Analysts have nudged their fair value estimate for BRP slightly higher to about CA$98.91 from roughly CA$98.67, reflecting updated views on margins, discount rate, and future P/E assumptions alongside fresh bullish and neutral Street research. Analyst Commentary Recent research coverage on BRP spans bullish and neutral views, with targets that cluster well below the current internal fair value estimate of about CA$98.91.
ATZ
CA$111.04
Aritzia
7D
-0.4%
1Y
114.3%

ATZ: Higher Margin Outlook Will Support Stronger Long Term Earnings Power

Aritzia's fair value estimate has been raised from CA$150.0 to CA$168.0, reflecting analysts' higher price targets, including recent moves to CA$148 to CA$155. This change also incorporates updated assumptions for slightly stronger revenue growth, modestly higher profit margins, and a lower future P/E multiple.
LNF
CA$25.43
Leon's Furniture
7D
-5.5%
1Y
9.6%
XX
CA$1.26
Avante
7D
14.5%
1Y
40.0%
DOL
CA$194.75
Dollarama
7D
-1.4%
1Y
29.5%

DOL: Share Repurchases Will Support Higher Margins And Future P/E Assumptions

Analysts are keeping their CA$235.00 target for Dollarama unchanged, citing slightly higher assumed revenue growth and profit margins, along with a modestly higher discount rate and a lower future P/E, which together offset each other in their valuation work. What's in the News Dollarama completed a share repurchase tranche between August 4, 2025 and November 2, 2025, buying back 2,605,912 shares for CA$484.6 million.
ROOT
CA$3.46
Roots
7D
3.9%
1Y
53.8%
IFA
CA$2.22
iFabric
7D
5.2%
1Y
103.7%
PESO
CA$0.38
PesoRama
7D
10.1%
1Y
216.7%
ICE
CA$4.30
Canlan Ice Sports
7D
6.7%
1Y
10.3%