Has the Canadian Consumer Finance Industry valuation changed over the past few years?
|Sat, 27 Nov 2021||CA$4.5b||CA$784.1m||CA$233.6m||19.9x|
|Mon, 25 Oct 2021||CA$4.5b||CA$723.8m||CA$216.3m||23.3x|
|Wed, 22 Sep 2021||CA$4.3b||CA$607.9m||CA$204.1m||19.7x|
|Fri, 20 Aug 2021||CA$3.6b||CA$600.4m||CA$214.6m||16.3x|
|Fri, 04 Jun 2021||CA$3.4b||CA$572.4m||CA$204.3m||10.7x|
|Mon, 08 Mar 2021||CA$2.2b||CA$519.0m||CA$112.4m||14.2x|
|Thu, 10 Dec 2020||CA$1.6b||CA$507.1m||CA$83.6m||28.3x|
|Wed, 02 Sep 2020||CA$1.1b||CA$488.7m||CA$72.0m||12x|
|Sat, 06 Jun 2020||CA$907.3m||CA$485.2m||CA$61.4m||11.4x|
|Tue, 10 Mar 2020||CA$1.1b||CA$477.7m||CA$64.3m||22.7x|
|Mon, 02 Dec 2019||CA$1.2b||CA$459.6m||CA$72.7m||29.4x|
|Thu, 05 Sep 2019||CA$1.1b||CA$466.4m||CA$56.8m||20.4x|
|Sun, 09 Jun 2019||CA$925.7m||CA$431.2m||CA$55.3m||20.5x|
|Sat, 02 Mar 2019||CA$875.0m||CA$416.1m||CA$50.5m||22.7x|
|Tue, 04 Dec 2018||CA$854.9m||CA$402.3m||CA$41.9m||23.3x|
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 19.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Finance industry have grown 77% per year over the last three years, and revenues for these companies have grown 25% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Canadian Consumer Finance industry?
Industry PE: Investors are most optimistic about the Consumer Finance industry, which is trading close to its 3-year average PE ratio of 19.0x. However analysts are expecting annual earnings growth of 7.2%, which is lower than the prior year's growth of 197% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 7.2% over the next 5 years.
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