Header cover image

Canadian (TSX) Capital Markets Industry Analysis

UpdatedJul 03, 2026
DataAggregated Company Financials
Companies165
  • 7D1.9%
  • 3M6.4%
  • 1Y-1.2%
  • YTD-4.6%

Over the last 7 days, the Capital Markets industry has remained flat, although notably Stack Capital Group declined by 5.2%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Jul 2026CA$305.1bCA$134.7bCA$9.6b9.5x31.7x2.3x
Sun, 31 May 2026CA$317.2bCA$131.1bCA$9.3b10.1x34.3x2.4x
Tue, 28 Apr 2026CA$314.4bCA$126.5bCA$8.8b9.5x35.6x2.5x
Thu, 26 Mar 2026CA$281.0bCA$127.7bCA$8.4b9.4x33.3x2.2x
Sat, 21 Feb 2026CA$320.2bCA$126.3bCA$8.0b8.6x39.9x2.5x
Mon, 19 Jan 2026CA$335.7bCA$126.2bCA$7.7b9.6x43.5x2.7x
Wed, 17 Dec 2025CA$324.1bCA$124.9bCA$7.7b8.9x42.3x2.6x
Fri, 14 Nov 2025CA$340.3bCA$128.9bCA$7.7b9.1x44.3x2.6x
Sun, 12 Oct 2025CA$327.3bCA$128.6bCA$7.3b10.3x44.8x2.5x
Tue, 09 Sep 2025CA$334.6bCA$126.9bCA$7.2b10.3x46.4x2.6x
Thu, 07 Aug 2025CA$339.2bCA$132.3bCA$6.3b12.1x53.5x2.6x
Sat, 05 Jul 2025CA$318.2bCA$131.1bCA$6.3b11.9x50.2x2.4x
Mon, 02 Jun 2025CA$304.5bCA$132.1bCA$6.4b11.2x47.6x2.3x
Wed, 30 Apr 2025CA$303.0bCA$134.9bCA$4.3b10.7x70.1x2.2x
Fri, 28 Mar 2025CA$307.7bCA$139.1bCA$5.0b12.9x62.2x2.2x
Sun, 23 Feb 2025CA$331.3bCA$142.5bCA$5.4b12.1x61.4x2.3x
Tue, 21 Jan 2025CA$231.3bCA$149.5bCA$5.7b12x40.7x1.5x
Thu, 19 Dec 2024CA$233.8bCA$150.6bCA$5.7b12.2x41x1.6x
Sat, 16 Nov 2024CA$221.9bCA$147.4bCA$5.6b12.1x39.7x1.5x
Mon, 14 Oct 2024CA$202.8bCA$151.3bCA$5.5b10.9x36.9x1.3x
Wed, 11 Sep 2024CA$176.6bCA$149.7bCA$5.5b10.2x32.3x1.2x
Fri, 09 Aug 2024CA$165.6bCA$150.9bCA$5.3b8.5x31.2x1.1x
Sun, 07 Jul 2024CA$163.8bCA$149.9bCA$5.3b10.6x30.7x1.1x
Tue, 04 Jun 2024CA$165.0bCA$150.0bCA$5.3b10.6x31.3x1.1x
Thu, 02 May 2024CA$152.9bCA$157.2bCA$7.3b11x21x1x
Sat, 30 Mar 2024CA$157.2bCA$156.5bCA$8.7b10.6x18.1x1x
Mon, 26 Feb 2024CA$156.5bCA$156.1bCA$7.9b10.3x19.9x1x
Wed, 24 Jan 2024CA$151.6bCA$155.9bCA$6.5b9.6x23.2x1x
Fri, 22 Dec 2023CA$146.8bCA$153.9bCA$6.5b9.2x22.7x1x
Sun, 19 Nov 2023CA$133.4bCA$158.4bCA$6.5b8.5x20.6x0.8x
Tue, 17 Oct 2023CA$129.0bCA$152.6bCA$4.8b11x26.8x0.8x
Thu, 14 Sep 2023CA$137.1bCA$151.9bCA$4.8b11.2x28.5x0.9x
Sat, 12 Aug 2023CA$139.6bCA$153.2bCA$5.8b9x24.1x0.9x
Mon, 10 Jul 2023CA$131.0bCA$149.1bCA$5.7b9.4x22.9x0.9x
Price to Earnings Ratio

22.9x


Total Market Cap: CA$131.0bTotal Earnings: CA$5.7bTotal Revenue: CA$149.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Capital Markets Industry Price to Earnings3Y Average 37x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Capital Markets industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 31.7x which is lower than its 3-year average PE of 37.0x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 19% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.3% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

CA Market0.26%
Financials0.62%
Capital Markets1.95%
Financial Exchanges and Data4.04%
Investment Banking and Brokerage1.92%
Asset Management1.86%
Industry PE
  • Investors are most optimistic about the Asset Management industry even though it's trading below its 3-year average PE ratio of 36.8x.
    • Analysts are expecting annual earnings growth of 13.9%, which is lower than the prior year's growth of 28.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 29% per year.
  • In contrast, the Financial Exchanges and Data 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
BAM Brookfield Asset ManagementCA$65.052.7%
+CA$2.7b
-16.2%PE29.1x
BN BrookfieldCA$61.570.9%
+CA$1.2b
5.6%PE83.2x
X TMX GroupCA$47.254.1%
+CA$508.1m
-14.8%PE24.4x
IGM IGM FinancialCA$78.762.7%
+CA$478.9m
82.2%PE15.9x
SII SprottCA$162.519.1%
+CA$349.4m
72.0%PE34.9x

Latest News