Has the Canadian Capital Markets Industry valuation changed over the past few years?
|Tue, 30 Nov 2021||CA$179.8b||CA$113.3b||CA$10.7b||8.3x|
|Thu, 28 Oct 2021||CA$177.9b||CA$104.8b||CA$9.5b||6.3x|
|Sat, 25 Sep 2021||CA$167.2b||CA$107.4b||CA$9.7b||6.1x|
|Mon, 23 Aug 2021||CA$158.7b||CA$105.1b||CA$9.3b||6.5x|
|Sat, 10 Jul 2021||CA$142.8b||CA$105.1b||CA$9.3b||6.2x|
|Fri, 02 Apr 2021||CA$126.5b||CA$98.1b||CA$8.0b||3.9x|
|Mon, 04 Jan 2021||CA$117.3b||CA$92.4b||CA$2.9b||7.1x|
|Thu, 08 Oct 2020||CA$101.1b||CA$95.9b||CA$2.0b||8.9x|
|Wed, 01 Jul 2020||CA$103.0b||CA$99.6b||CA$2.5b||8.5x|
|Sat, 04 Apr 2020||CA$85.5b||CA$112.4b||CA$3.9b||12.5x|
|Tue, 07 Jan 2020||CA$115.0b||CA$104.7b||CA$10.9b||8.9x|
|Mon, 30 Sep 2019||CA$109.2b||CA$110.4b||CA$12.3b||10.8x|
|Thu, 04 Jul 2019||CA$97.2b||CA$112.7b||CA$10.5b||9.8x|
|Sun, 07 Apr 2019||CA$94.8b||CA$116.2b||CA$10.6b||9.5x|
|Wed, 09 Jan 2019||CA$82.8b||CA$122.2b||CA$5.6b||9.3x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 8.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Capital Markets industry have grown 34% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Canadian Capital Markets industry?
|Financial Exchanges and Data||-2.66%|
|Investment Banking and Brokerage||-8.35%|
Industry PE: Investors are most optimistic about the Financial Exchanges and Data industry even though it's trading below its 3-year average PE ratio of 24.0x. However analysts are expecting annual earnings growth of 41%, which is lower than the prior year's growth of 166% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading below its 3-year average of 17.3x.
Forecasted Growth: Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 41% over the next 5 years. However this is lower than its past earnings growth rate of 166% per year. Meanwhile, the Asset Management industry is expected to see its earnings decline by 12% per year over the next few years.
Which companies have driven the market over the last 7 days?