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

Canadian (TSX) Consumer Discretionary Sector Analysis

UpdatedApr 13, 2026
DataAggregated Company Financials
Companies54
  • 7D4.2%
  • 3M-2.5%
  • 1Y39.0%
  • YTD-0.8%

The Consumer Discretionary industry is up 4.2% in the last week, with Aritzia up 12%. In the last 12 months, the industry was up 39%. Earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Apr 2026CA$183.5bCA$146.5bCA$7.5b16.2x24.4x1.3x
Wed, 11 Mar 2026CA$183.9bCA$144.5bCA$7.2b16.7x25.4x1.3x
Fri, 06 Feb 2026CA$178.2bCA$144.4bCA$7.6b20.4x23.3x1.2x
Sun, 04 Jan 2026CA$182.9bCA$144.3bCA$7.6b19.5x24.1x1.3x
Tue, 02 Dec 2025CA$178.9bCA$145.1bCA$7.5b19.3x23.7x1.2x
Thu, 30 Oct 2025CA$169.1bCA$144.7bCA$7.8b17.5x21.8x1.2x
Sat, 27 Sep 2025CA$165.0bCA$144.4bCA$7.7b17.7x21.4x1.1x
Mon, 25 Aug 2025CA$163.3bCA$143.5bCA$7.6b17.9x21.5x1.1x
Wed, 23 Jul 2025CA$159.9bCA$142.2bCA$7.6b17.8x20.9x1.1x
Fri, 20 Jun 2025CA$153.4bCA$142.5bCA$7.6b15.8x20.3x1.1x
Sun, 18 May 2025CA$142.2bCA$136.2bCA$7.4b16x19.1x1x
Tue, 15 Apr 2025CA$127.8bCA$138.0bCA$7.0b14.9x18.3x0.9x
Thu, 13 Mar 2025CA$139.2bCA$150.2bCA$7.2b17.9x19.3x0.9x
Sat, 08 Feb 2025CA$139.9bCA$148.7bCA$8.2b15.2x17.1x0.9x
Mon, 06 Jan 2025CA$142.3bCA$149.3bCA$8.2b15.5x17.4x1x
Wed, 04 Dec 2024CA$145.2bCA$147.2bCA$8.0b15.1x18.1x1x
Fri, 01 Nov 2024CA$138.4bCA$145.5bCA$7.5b17.3x18.4x1x
Sun, 29 Sep 2024CA$139.3bCA$144.0bCA$7.5b17.8x18.6x1x
Tue, 27 Aug 2024CA$139.3bCA$144.7bCA$7.7b16.7x18x1x
Thu, 25 Jul 2024CA$138.7bCA$146.6bCA$8.0b13.4x17.4x0.9x
Sat, 22 Jun 2024CA$130.8bCA$145.9bCA$8.0b13.5x16.4x0.9x
Mon, 20 May 2024CA$135.3bCA$146.9bCA$8.0b13.9x16.9x0.9x
Wed, 17 Apr 2024CA$133.5bCA$147.1bCA$8.2b13.9x16.2x0.9x
Fri, 15 Mar 2024CA$137.8bCA$145.7bCA$8.1b14.9x17.1x0.9x
Sun, 11 Feb 2024CA$135.6bCA$145.3bCA$7.8b15.7x17.4x0.9x
Tue, 09 Jan 2024CA$135.7bCA$149.0bCA$7.7b15.8x17.6x0.9x
Thu, 07 Dec 2023CA$106.8bCA$144.6bCA$6.9b15.2x15.5x0.7x
Sat, 04 Nov 2023CA$104.8bCA$145.7bCA$7.2b14.8x14.6x0.7x
Mon, 02 Oct 2023CA$104.6bCA$142.8bCA$7.1b15.1x14.7x0.7x
Wed, 30 Aug 2023CA$111.9bCA$142.3bCA$7.1b16.3x15.9x0.8x
Fri, 28 Jul 2023CA$116.8bCA$136.5bCA$6.4b16.9x18.2x0.9x
Sun, 25 Jun 2023CA$108.8bCA$135.9bCA$6.5b15.5x16.9x0.8x
Tue, 23 May 2023CA$110.3bCA$137.1bCA$6.4b15.3x17.1x0.8x
Thu, 20 Apr 2023CA$111.1bCA$134.5bCA$6.7b15.6x16.5x0.8x
Price to Earnings Ratio

16.5x


Total Market Cap: CA$111.1bTotal Earnings: CA$6.7bTotal Revenue: CA$134.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Consumer Discretionary Sector Price to Earnings3Y Average 18.8x202420252026
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 24.4x which is higher than its 3-year average PE of 18.8x.
  • The 3-year average PS ratio of 0.97x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 3.7% per year over the last three years.
  • Revenues for these companies have grown 3.0% 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 Market1.88%
Consumer Discretionary4.17%
Specialty Stores8.65%
Luxury5.64%
Auto Components4.42%
Leisure4.29%
Hospitality2.74%
General Merchandise and Department Stores2.52%
Auto0%0
Retail Distributors0%0
Online Retail and Ecommerce0%0
Consumer Durables-0.42%
Consumer Services-6.92%
Industry PE
  • Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 57.0%, which is higher than its past year's earnings decline of 65.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 57% over the next 5 years.
  • This is better than its past earnings decline of 65% per year.
  • In contrast, the Hospitality industry is expected to see its earnings grow by 11% 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
ATZ AritziaCA$127.4211.5%
+CA$1.5b		204.0%PE42.5x
DOL DollaramaCA$176.822.5%
+CA$1.1b		9.3%PE36.8x
MG Magna InternationalCA$80.025.2%
+CA$1.1b		76.0%PE19.3x
QSP.UN Restaurant Brands International Limited PartnershipCA$103.883.0%
+CA$1.0b		15.5%PE21x
GRGD Groupe DynamiteCA$88.5010.5%
+CA$922.9m		733.3%PE38.5x

Latest News

DOL
CA$176.82
Dollarama
7D
2.5%
1Y
9.3%
DTOL
CA$8.05
D2L
7D
-7.3%
1Y
-32.9%

DTOL: Lower P E Expectations And Buybacks Will Support Future Upside

Analysts have lowered the blended CA$ price target for D2L to reflect a reduced fair value estimate of about CA$12.35 from roughly CA$18.02, citing broad target cuts from firms including BMO Capital, Stifel, TD Securities, RBC Capital and CIBC, as well as updated assumptions for discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research shows a cluster of target cuts and at least one rating downgrade for D2L, with several firms revising their models and fair value assumptions.
MTY
CA$38.85
MTY Food Group
7D
-1.5%
1Y
0.4%
KITS
CA$14.79
Kits Eyecare
7D
-4.9%
1Y
32.4%
PET
CA$20.73
Pet Valu Holdings
7D
-2.7%
1Y
-22.4%

PET: Store Expansion And Wholesale Mix Will Support Softer 2026 Outlook

Analysts have trimmed the consolidated price target for Pet Valu Holdings to CA$32 from a prior range that reached up to CA$40, citing softer recent results, a more competitive promotional backdrop, and a fiscal 2026 outlook that came in below earlier expectations. Analyst Commentary Research coverage on Pet Valu Holdings has shifted toward more conservative price targets, with analysts reassessing both execution risks and growth expectations in light of recent quarterly results and the fiscal 2026 outlook.
CTC.A
CA$197.60
Canadian Tire Corporation
7D
2.8%
1Y
34.1%
PBL
CA$17.90
Pollard Banknote
7D
-1.1%
1Y
-3.7%
GRGD
CA$88.50
Groupe Dynamite
7D
10.5%
1Y
733.3%
GIL
CA$80.04
Gildan Activewear
7D
5.7%
1Y
38.8%
MG
CA$80.02
Magna International
7D
5.2%
1Y
76.0%

MG: Buybacks And Dividend Momentum Will Support Confidence In 2026 Outlook

Analysts have slightly adjusted their CA$ price target on Magna International as small changes to the discount rate, revenue growth, profit margin and future P/E assumptions feed into an updated view of the stock's valuation. What's in the News Magna introduced DHD REX, a dedicated hybrid drive for range extended electric vehicles that aims to offer an electric-like driving experience with instant torque response, quiet operation, and modular integration across multiple vehicle segments and platforms (Product-Related Announcement).
DOO
CA$105.45
BRP
7D
4.0%
1Y
107.1%

DOO: Share Capture And 2026 Earnings Setup Will Support Upside Potential

Analysts have trimmed the average fair value estimate for BRP to CA$117.70 from CA$118.25, reflecting recent CA$7, CA$4 and CA$1 price target cuts, alongside mixed but still constructive views on earnings potential and market share gains into 2026. Analyst Commentary Recent research on BRP presents a mixed picture, with bullish analysts seeing room for the company to gain share and improve earnings quality into 2026, while more cautious voices focus on execution risks and the current powersports backdrop.
ATZ
CA$127.42
Aritzia
7D
11.5%
1Y
204.0%

ATZ: Higher Margin Outlook And Store Expansion Will Support Future Upside Potential

Aritzia's analyst price target has been nudged higher, with the fair value estimate moving from CA$151.42 to CA$151.54 as analysts factor in updated targets in the CA$135 to CA$155 range and refine assumptions around growth, profitability and P/E expectations. Analyst Commentary Bullish analysts have clustered their updated price targets for Aritzia in a relatively tight CA$135 to CA$155 range, suggesting a shared view of where valuation could reasonably sit if current assumptions around growth and profitability hold.
ACQ
CA$21.10
AutoCanada
7D
-0.7%
1Y
33.2%

AutoCanada's (TSE:ACQ) Anemic Earnings Might Be Worse Than You Think

Mar 27
AutoCanada's (TSE:ACQ) Anemic Earnings Might Be Worse Than You Think
DII.B
CA$1.68
Dorel Industries
7D
-6.1%
1Y
-3.4%
QSP.UN
CA$103.88
Restaurant Brands International Limited Partnership
7D
3.0%
1Y
15.5%
XTC
CA$7.25
Exco Technologies
7D
-1.6%
1Y
30.6%