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

Canadian (TSX) Capital Markets Industry Analysis

UpdatedAug 10, 2025
DataAggregated Company Financials
Companies181
  • 7D0.7%
  • 3M6.1%
  • 1Y46.5%
  • YTD7.5%

Over the last 7 days, the Capital Markets industry has remained flat. The past year has been better, since the industry has gained 46% in that time. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the Canadian Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 Aug 2025CA$333.7bCA$126.3bCA$7.1b11x46.9x2.6x
Tue, 08 Jul 2025CA$317.5bCA$131.6bCA$6.4b11.8x49.9x2.4x
Thu, 05 Jun 2025CA$306.0bCA$131.7bCA$6.4b11.3x48.1x2.3x
Sat, 03 May 2025CA$295.9bCA$134.7bCA$4.4b11.2x67.3x2.2x
Mon, 31 Mar 2025CA$296.6bCA$139.3bCA$4.5b12.9x66.3x2.1x
Wed, 26 Feb 2025CA$327.9bCA$142.8bCA$4.9b12.2x67.1x2.3x
Fri, 24 Jan 2025CA$234.8bCA$150.1bCA$5.7b12x41.2x1.6x
Sun, 22 Dec 2024CA$224.4bCA$150.0bCA$5.7b12x39.4x1.5x
Tue, 19 Nov 2024CA$218.1bCA$147.4bCA$5.6b11.8x38.9x1.5x
Thu, 17 Oct 2024CA$203.6bCA$151.2bCA$5.5b11.7x37.1x1.3x
Sat, 14 Sep 2024CA$182.5bCA$149.6bCA$5.5b10.5x33.4x1.2x
Mon, 12 Aug 2024CA$171.1bCA$150.9bCA$5.4b9.9x31.6x1.1x
Wed, 10 Jul 2024CA$164.3bCA$150.0bCA$5.3b10.1x30.8x1.1x
Fri, 07 Jun 2024CA$166.1bCA$150.3bCA$5.3b10.8x31.5x1.1x
Sun, 05 May 2024CA$159.7bCA$156.1bCA$6.9b13.2x23x1x
Tue, 02 Apr 2024CA$159.0bCA$155.3bCA$7.3b10.9x21.9x1x
Thu, 29 Feb 2024CA$157.4bCA$156.8bCA$7.9b11.7x20x1x
Sat, 27 Jan 2024CA$154.2bCA$155.6bCA$6.5b9.8x23.6x1x
Mon, 25 Dec 2023CA$149.5bCA$153.7bCA$6.5b9.3x23.1x1x
Wed, 22 Nov 2023CA$132.8bCA$158.5bCA$6.4b8.4x20.6x0.8x
Fri, 20 Oct 2023CA$123.9bCA$153.6bCA$4.8b10.7x25.6x0.8x
Sun, 17 Sep 2023CA$139.3bCA$151.7bCA$4.8b11.2x29x0.9x
Tue, 15 Aug 2023CA$136.4bCA$153.4bCA$5.9b9.7x23.1x0.9x
Thu, 13 Jul 2023CA$131.7bCA$148.1bCA$5.7b9.5x23.1x0.9x
Sat, 10 Jun 2023CA$128.0bCA$150.1bCA$6.1b9.2x21.1x0.9x
Mon, 08 May 2023CA$119.6bCA$146.6bCA$7.8b8.3x15.4x0.8x
Wed, 05 Apr 2023CA$129.9bCA$149.1bCA$8.3b8.2x15.7x0.9x
Fri, 03 Mar 2023CA$134.2bCA$149.3bCA$7.5b11.6x17.9x0.9x
Sun, 29 Jan 2023CA$140.9bCA$142.8bCA$9.2b8.6x15.3x1x
Tue, 27 Dec 2022CA$123.0bCA$145.5bCA$9.5b10.1x13x0.8x
Thu, 24 Nov 2022CA$135.5bCA$138.8bCA$6.8b11.2x20x1x
Sat, 22 Oct 2022CA$120.3bCA$137.0bCA$8.7b8.8x13.8x0.9x
Mon, 19 Sep 2022CA$139.9bCA$133.0bCA$8.5b9.2x16.5x1.1x
Wed, 17 Aug 2022CA$148.6bCA$129.4bCA$8.5b8.6x17.5x1.1x
Price to Earnings Ratio

17.5x


Total Market Cap: CA$148.6bTotal Earnings: CA$8.5bTotal Revenue: CA$129.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Capital Markets Industry Price to Earnings3Y Average 30.1x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Capital Markets industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 48.6x which is higher than its 3-year average PE of 30.1x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have declined 5.9% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Canadian Financials industry?

CA Market1.30%
Financials0.81%
Capital Markets0.66%
Financial Exchanges and Data3.29%
Asset Management0.56%
Investment Banking and Brokerage-6.32%
Industry PE
  • Investors are most optimistic about the Asset Management industry which is trading above its 3-year average PE ratio of 30.2x.
    • Analysts are expecting annual earnings growth of 30.7%, which is higher than its past year's earnings growth of 14.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 20% 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
BAM Brookfield Asset ManagementCA$84.332.2%
+CA$2.9b		55.0%PE40.6x
IGM IGM FinancialCA$47.345.4%
+CA$557.9m		28.9%PE11.5x
X TMX GroupCA$57.713.4%
+CA$522.8m		38.2%PE38x
ONEX OnexCA$111.911.0%
+CA$76.0m		23.4%PE10.7x
FIH.U Fairfax India HoldingsUS$18.911.5%
+US$37.7m		32.8%PE39.2x

Latest News

STCK
CA$13.48
Stack Capital Group
7D
2.9%
1Y
34.8%
SLT.U
US$8.45
Saltire Capital
7D
-4.5%
1Y
-17.8%
ONEX
CA$111.91
Onex
7D
1.0%
1Y
23.4%
AD
CA$18.05
Alaris Equity Partners Income Trust
7D
-2.5%
1Y
11.1%
BN
CA$89.03
Brookfield
7D
-1.2%
1Y
44.3%
HODL
CA$10.70
Sol Strategies
7D
10.5%
1Y
762.9%
IGM
CA$47.34
IGM Financial
7D
5.4%
1Y
28.9%
BAM
CA$84.33
Brookfield Asset Management
7D
2.2%
1Y
55.0%
CF
CA$9.61
Canaccord Genuity Group
7D
-8.4%
1Y
24.6%
DEFI
CA$3.63
DeFi Technologies
7D
-2.2%
1Y
79.7%
X
CA$57.71
TMX Group
7D
3.4%
1Y
38.2%

TMX Group's (TSE:X) Dividend Will Be Increased To CA$0.22

Aug 04
TMX Group's (TSE:X) Dividend Will Be Increased To CA$0.22
CVG
CA$73.00
Clairvest Group
7D
-2.7%
1Y
7.1%
WED
CA$28.49
Westaim
7D
-5.4%
1Y
17.0%
CKI
CA$31.84
Clarke
7D
-12.3%
1Y
32.7%
CIX
CA$31.97
CI Financial
7D
0.03%
1Y
99.2%
FIH.U
US$18.91
Fairfax India Holdings
7D
1.5%
1Y
32.8%

Fairfax India Holdings Corporation's (TSE:FIH.U) Business Is Trailing The Market But Its Shares Aren't

May 06
Fairfax India Holdings Corporation's (TSE:FIH.U) Business Is Trailing The Market But Its Shares Aren't