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Canadian (TSX) Healthcare Sector Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies247
  • 7D0.4%
  • 3M-7.3%
  • 1Y-43.5%
  • YTD-42.3%

Over the last 7 days, the Healthcare industry has remained flat, although notably BELLUS Health gained 9.7%. Unfortunately though, the industry is down 43% over the past 12 months. Earnings are forecast to grow by 59% annually.

Sector Valuation and Performance

Has the Canadian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022CA$44.9bCA$21.9b-CA$11,730,228,646.0019.9x-3.8x2x
Sat, 29 Oct 2022CA$41.9bCA$21.3b-CA$10,838,556,856.0022x-3.9x2x
Mon, 26 Sep 2022CA$40.4bCA$21.3b-CA$10,850,023,985.0022.6x-3.7x1.9x
Wed, 24 Aug 2022CA$46.2bCA$20.8b-CA$10,393,010,999.0023.8x-4.4x2.2x
Fri, 22 Jul 2022CA$46.5bCA$19.7b-CA$7,319,052,088.0020.5x-6.3x2.4x
Sun, 19 Jun 2022CA$43.5bCA$19.9b-CA$7,482,319,759.0017.6x-5.8x2.2x
Tue, 17 May 2022CA$50.1bCA$19.6b-CA$7,222,192,948.0019.4x-6.9x2.6x
Thu, 14 Apr 2022CA$61.2bCA$18.6b-CA$6,264,578,592.0020.7x-9.8x3.3x
Sat, 12 Mar 2022CA$58.0bCA$17.6b-CA$6,041,136,009.0019.1x-9.6x3.3x
Mon, 07 Feb 2022CA$68.2bCA$17.7b-CA$6,747,116,939.0020.1x-10.1x3.9x
Wed, 05 Jan 2022CA$74.0bCA$17.5b-CA$6,764,416,374.0020.1x-10.9x4.2x
Fri, 03 Dec 2021CA$78.7bCA$17.5b-CA$6,604,721,825.0018.1x-11.9x4.5x
Sun, 31 Oct 2021CA$84.3bCA$16.5b-CA$6,594,261,337.0016.9x-12.8x5.1x
Tue, 28 Sep 2021CA$95.8bCA$16.7b-CA$8,427,344,597.0021.3x-11.4x5.7x
Thu, 26 Aug 2021CA$92.1bCA$16.5b-CA$8,242,368,311.8022.4x-11.2x5.6x
Fri, 02 Jul 2021CA$105.8bCA$16.5b-CA$8,237,704,690.8024.2x-12.8x6.4x
Mon, 05 Apr 2021CA$108.5bCA$13.8b-CA$9,019,397,133.4327.5x-12x7.8x
Thu, 07 Jan 2021CA$73.5bCA$11.7b-CA$9,695,320,740.6730.7x-7.6x6.3x
Wed, 30 Sep 2020CA$50.2bCA$11.2b-CA$10,819,866,331.3528x-4.6x4.5x
Sat, 04 Jul 2020CA$45.9bCA$10.3b-CA$9,438,609,745.0032.7x-4.9x4.5x
Tue, 07 Apr 2020CA$36.7bCA$10.0b-CA$6,973,288,746.5916.6x-5.3x3.7x
Fri, 10 Jan 2020CA$50.6bCA$8.8b-CA$5,030,853,647.3225x-10.1x5.7x
Price to Earnings Ratio

-14.2x


Total Market Cap: CA$48.2bTotal Earnings: -CA$3,388,870,865.22Total Revenue: CA$7.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Sector Price to Earnings3Y Average -8.5x202020212022
Current Industry PE
  • Investors are pessimistic on the Canadian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have deteriorated over the last three years.
  • Meanwhile revenues for these companies have grown 41% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.

Industry Trends

Which industries have driven the changes within the Canadian Healthcare sector?

CA Market0.70%
Healthcare0.36%
Biotech5.33%
Medical Equipment2.74%
Healthcare Services1.77%
Healthtech-0.38%
Pharma-0.63%
Life Sciences-5.51%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 63% over the next 5 years.
    • This is better than its past earnings growth rate of 15% per year.
    • In contrast, the Biotech industry is expected to see its earnings grow by 8.3% 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
    BLU BELLUS HealthCA$13.369.7%
    +CA$148.4m
    81.5%PS82249.2x
    DNTL dentalcorp HoldingsCA$9.077.8%
    +CA$122.5m
    -44.4%PS1.4x
    WEED Canopy GrowthCA$4.864.1%
    +CA$92.3m
    -61.9%PS4.9x
    CURA Curaleaf HoldingsCA$8.980.6%
    +CA$35.9m
    -21.6%PS3.6x
    TRUL Trulieve CannabisCA$17.561.0%
    +CA$33.5m
    -47.7%PS1.9x
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    Latest News

    TER

    CA$2.55

    TerrAscend

    7D

    -4.5%

    1Y

    -67.1%

    BLU

    CA$13.36

    BELLUS Health

    7D

    9.7%

    1Y

    81.5%

    FFNT

    CA$0.61

    4Front Ventures

    7D

    -4.7%

    1Y

    -54.5%

    LOVE

    CA$0.12

    Cannara Biotech

    7D

    26.3%

    1Y

    0%

    CARE

    CA$2.67

    Dialogue Health Technologies

    7D

    -11.3%

    1Y

    -63.7%

    CL

    CA$4.45

    Cresco Labs

    7D

    -2.8%

    1Y

    -56.5%

    CCHW

    CA$2.22

    Columbia Care

    7D

    -5.1%

    1Y

    -42.5%

    IAN

    CA$0.045

    iAnthus Capital Holdings

    7D

    -25.0%

    1Y

    -78.6%

    VRNO

    CA$7.00

    Verano Holdings

    7D

    -6.8%

    1Y

    -46.0%

    TRUL

    CA$17.56

    Trulieve Cannabis

    7D

    1.0%

    1Y

    -47.7%

    WEED

    CA$4.86

    Canopy Growth

    7D

    4.1%

    1Y

    -61.9%

    ONC

    CA$2.36

    Oncolytics Biotech

    7D

    25.5%

    1Y

    16.3%

    CURA

    CA$8.98

    Curaleaf Holdings

    7D

    0.6%

    1Y

    -21.6%