Narrative Update • Sep 03

The Healthcare is pretty flat in the last 7 days, but Curaleaf Holdings has stood out, gaining 3.3%. The past year has been better, since the industry has gained 7.5% in that time. Looking forward, earnings are forecast to grow by 29% annually.
Has the Canadian Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 11 Sep 2026 | CA$40.9b | CA$20.4b | -CA$1,098,270,579.58 | 19.2x | -37.2x | 2x |
| Sun, 09 Aug 2026 | CA$33.3b | CA$17.6b | -CA$1,634,390,314.04 | 19x | -20.4x | 1.9x |
| Tue, 07 Jul 2026 | CA$35.2b | CA$17.3b | -CA$1,962,796,085.80 | 23.7x | -17.9x | 2x |
| Thu, 04 Jun 2026 | CA$36.0b | CA$18.8b | -CA$2,115,719,229.75 | 17.7x | -17x | 1.9x |
| Sat, 02 May 2026 | CA$36.8b | CA$17.4b | -CA$1,901,372,897.36 | 27.5x | -19.4x | 2.1x |
| Mon, 30 Mar 2026 | CA$29.9b | CA$17.6b | -CA$1,937,818,440.81 | 18.8x | -15.4x | 1.7x |
| Wed, 25 Feb 2026 | CA$33.0b | CA$17.6b | -CA$2,142,610,295.71 | 20.6x | -15.4x | 1.9x |
| Fri, 23 Jan 2026 | CA$33.7b | CA$17.6b | -CA$2,193,722,812.18 | 22.2x | -15.4x | 1.9x |
| Sun, 21 Dec 2025 | CA$36.3b | CA$19.2b | -CA$2,218,049,355.91 | 18.3x | -16.4x | 1.9x |
| Tue, 18 Nov 2025 | CA$31.3b | CA$19.3b | -CA$2,176,202,702.67 | 18.4x | -14.4x | 1.6x |
| Thu, 16 Oct 2025 | CA$38.0b | CA$19.5b | -CA$2,324,329,502.13 | 37.4x | -16.3x | 1.9x |
| Sat, 13 Sep 2025 | CA$33.8b | CA$19.4b | -CA$2,306,722,728.71 | 41.2x | -14.7x | 1.7x |
| Mon, 11 Aug 2025 | CA$31.8b | CA$19.7b | -CA$2,660,658,007.15 | 28.9x | -11.9x | 1.6x |
| Wed, 09 Jul 2025 | CA$27.7b | CA$19.5b | -CA$2,785,963,237.19 | 23.9x | -9.9x | 1.4x |
| Fri, 06 Jun 2025 | CA$27.1b | CA$19.5b | -CA$2,814,636,543.66 | 21.6x | -9.6x | 1.4x |
| Sun, 04 May 2025 | CA$28.0b | CA$19.5b | -CA$2,751,222,867.36 | 26x | -10.2x | 1.4x |
| Tue, 01 Apr 2025 | CA$26.3b | CA$20.0b | -CA$2,835,593,642.49 | 19.7x | -9.3x | 1.3x |
| Thu, 27 Feb 2025 | CA$27.5b | CA$19.8b | -CA$2,505,781,271.94 | 25.2x | -11x | 1.4x |
| Sat, 25 Jan 2025 | CA$28.1b | CA$19.8b | -CA$2,714,950,965.95 | 33.5x | -10.3x | 1.4x |
| Mon, 23 Dec 2024 | CA$28.7b | CA$19.8b | -CA$2,739,148,503.86 | 25x | -10.5x | 1.4x |
| Wed, 20 Nov 2024 | CA$30.5b | CA$19.9b | -CA$2,937,934,130.10 | 17.1x | -10.4x | 1.5x |
| Fri, 18 Oct 2024 | CA$33.6b | CA$19.4b | -CA$2,972,501,588.73 | 20.7x | -11.3x | 1.7x |
| Sun, 15 Sep 2024 | CA$32.6b | CA$19.3b | -CA$2,982,041,003.58 | 21.4x | -10.9x | 1.7x |
| Tue, 13 Aug 2024 | CA$32.8b | CA$19.2b | -CA$3,220,642,606.86 | 23.3x | -10.2x | 1.7x |
| Thu, 11 Jul 2024 | CA$32.0b | CA$19.1b | -CA$3,649,180,597.31 | 19.5x | -8.8x | 1.7x |
| Sat, 08 Jun 2024 | CA$33.3b | CA$19.4b | -CA$3,301,335,100.22 | 17.7x | -10.1x | 1.7x |
| Mon, 06 May 2024 | CA$36.8b | CA$19.3b | -CA$3,996,138,129.73 | 16.9x | -9.2x | 1.9x |
| Wed, 03 Apr 2024 | CA$32.6b | CA$18.0b | -CA$4,075,278,994.69 | 12.4x | -8x | 1.8x |
| Fri, 01 Mar 2024 | CA$33.6b | CA$19.4b | -CA$5,103,180,127.39 | 15.4x | -6.6x | 1.7x |
| Sun, 28 Jan 2024 | CA$37.7b | CA$20.1b | -CA$7,670,250,299.00 | 11.3x | -4.9x | 1.9x |
| Tue, 26 Dec 2023 | CA$32.2b | CA$19.9b | -CA$7,643,051,814.00 | 13.5x | -4.2x | 1.6x |
| Thu, 23 Nov 2023 | CA$33.0b | CA$20.2b | -CA$7,874,900,043.00 | 15.6x | -4.2x | 1.6x |
| Sat, 21 Oct 2023 | CA$32.0b | CA$20.0b | -CA$8,402,140,233.00 | 17.8x | -3.8x | 1.6x |
| Mon, 18 Sep 2023 | CA$38.8b | CA$20.5b | -CA$8,941,584,799.00 | 17.5x | -4.3x | 1.9x |
-4.3x
Which industries have driven the changes within the Canadian Healthcare sector?
| CA Market | -2.55% | |
| Healthcare | -1.30% | |
| Pharma | 0.29% | |
| Biotech | -1.60% | |
| Life Sciences | -2.43% | |
| Healthcare Services | -2.92% | |
| Healthtech | -6.99% | |
| Medical Equipment | -7.87% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CURA Curaleaf Holdings | CA$13.62 | 3.3% +CA$116.5m | 29.0% | PS2x | |
| VREO Vireo Growth | CA$16.69 | 11.6% +CA$84.5m | -13.1% | PS1.2x | |
| APTX Apotex Health | CA$33.35 | 1.0% +CA$75.4m | n/a | PS2.4x | |
| EPRX Eupraxia Pharmaceuticals | CA$11.08 | 6.9% +CA$47.5m | 46.4% | PB5.2x | |
| IAN iAnthus Capital Holdings | CA$0.01 | 100.0% +CA$34.9m | 0% | PS0.4x |