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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedJun 05, 2025
DataAggregated Company Financials
Companies12
  • 7D-1.3%
  • 3M8.0%
  • 1Y29.4%
  • YTD7.0%

Over the last 7 days, the Healthcare Services industry has dropped 1.3%, driven by Chartwell Retirement Residences declining 1.6%. Meanwhile, Quipt Home Medical actually outperformed within the industry, gaining 18% in the last week. This takes the industry's 12 month performance to a gain of 29%. Looking forward, earnings are forecast to grow by 40% annually.

Industry Valuation and Performance

Has the Canadian Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Jun 2025CA$13.8bCA$7.5bCA$149.8m25.2x92.1x1.9x
Sat, 03 May 2025CA$13.3bCA$7.3bCA$171.7m30.6x77.3x1.8x
Mon, 31 Mar 2025CA$12.4bCA$7.4bCA$214.4m17x58x1.7x
Wed, 26 Feb 2025CA$12.6bCA$7.4bCA$154.4m23.5x81.6x1.7x
Fri, 24 Jan 2025CA$12.3bCA$7.4bCA$146.4m25.4x84x1.7x
Sun, 22 Dec 2024CA$12.5bCA$7.4bCA$147.1m25x85x1.7x
Tue, 19 Nov 2024CA$12.2bCA$7.5bCA$129.7m21x93.9x1.6x
Thu, 17 Oct 2024CA$11.7bCA$7.3bCA$154.8m22.7x75.8x1.6x
Sat, 14 Sep 2024CA$11.5bCA$7.3bCA$152.8m21.4x75.1x1.6x
Mon, 12 Aug 2024CA$10.9bCA$7.1bCA$11.4m31.7x955.9x1.5x
Wed, 10 Jul 2024CA$10.5bCA$7.2b-CA$69,432,418.4123.6x-151.9x1.5x
Fri, 07 Jun 2024CA$9.7bCA$7.2b-CA$69,832,128.1425.3x-139x1.4x
Sun, 05 May 2024CA$9.3bCA$7.0b-CA$136,275,937.0326.3x-68x1.3x
Tue, 02 Apr 2024CA$9.2bCA$6.9b-CA$101,732,210.8026.8x-90.5x1.3x
Thu, 29 Feb 2024CA$9.2bCA$6.8b-CA$61,356,846.7633.8x-149.3x1.3x
Sat, 27 Jan 2024CA$9.5bCA$7.1b-CA$112,356,789.0033x-84.8x1.3x
Mon, 25 Dec 2023CA$9.5bCA$7.1b-CA$112,071,047.0032.1x-84.4x1.3x
Wed, 22 Nov 2023CA$8.9bCA$7.1b-CA$190,606,926.0030.2x-46.7x1.3x
Fri, 20 Oct 2023CA$8.8bCA$7.0b-CA$199,070,542.0061x-44.3x1.3x
Sun, 17 Sep 2023CA$9.3bCA$7.0b-CA$200,291,282.0073.6x-46.5x1.3x
Tue, 15 Aug 2023CA$9.6bCA$7.0b-CA$229,490,437.0090.7x-41.7x1.4x
Thu, 13 Jul 2023CA$9.2bCA$6.8b-CA$203,418,567.0058.8x-45.2x1.3x
Sat, 10 Jun 2023CA$9.5bCA$6.9b-CA$202,352,507.0062.3x-46.8x1.4x
Mon, 08 May 2023CA$10.0bCA$6.7b-CA$162,544,161.0065.7x-61.6x1.5x
Wed, 05 Apr 2023CA$9.8bCA$7.7b-CA$381,524,124.0061.4x-25.6x1.3x
Fri, 03 Mar 2023CA$10.0bCA$7.8b-CA$418,709,389.0037.5x-23.8x1.3x
Sun, 29 Jan 2023CA$10.0bCA$7.8b-CA$524,488,344.0040.3x-19.1x1.3x
Tue, 27 Dec 2022CA$8.8bCA$7.8b-CA$531,775,892.0035x-16.6x1.1x
Thu, 24 Nov 2022CA$9.2bCA$7.8b-CA$551,914,824.0038.3x-16.6x1.2x
Sat, 22 Oct 2022CA$9.1bCA$7.5b-CA$535,536,131.0035.8x-17x1.2x
Mon, 19 Sep 2022CA$10.3bCA$7.4b-CA$529,012,942.0042.1x-19.5x1.4x
Wed, 17 Aug 2022CA$11.3bCA$7.3b-CA$537,506,517.0066.2x-21x1.5x
Fri, 15 Jul 2022CA$11.1bCA$7.0b-CA$502,143,487.0038.5x-22.1x1.6x
Sun, 12 Jun 2022CA$11.2bCA$7.0b-CA$655,334,731.0036.2x-17.1x1.6x
Price to Earnings Ratio

-17.1x


Total Market Cap: CA$11.2bTotal Earnings: -CA$655,334,731.00Total Revenue: CA$7.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average -43.2x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 92.1x which is higher than its 3-year average PE of -43.2x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Total earnings for the Healthcare industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.1% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

CA Market0.38%
Healthcare-3.21%
Healthcare Services-1.34%
Healthcare Distributors0%0
Healthcare Services-1.27%
Healthcare Facilities-1.38%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 210x.
    • Analysts are expecting annual earnings growth of 2.0%, which is lower than the prior year's growth of 72.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 104% over the next 5 years.
  • This is better than its past earnings growth rate of 8.1% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
QIPT Quipt Home MedicalCA$2.8918.0%
+CA$19.1m
-36.2%PS0.4x
ARC ARCpointCA$0.0823.1%
+CA$1.9m
-5.9%PE3.4x
JNH Jack Nathan MedicalCA$0.01100.0%
+CA$435.5k
-75.0%PS0.04x
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Latest News

EXE

CA$14.41

Extendicare

7D

-1.5%

1Y

93.2%

ARC

CA$0.08

ARCpoint

7D

23.1%

1Y

-5.9%

DNTL

CA$8.70

dentalcorp Holdings

7D

-2.2%

1Y

17.1%

QIPT

CA$2.89

Quipt Home Medical

7D

18.0%

1Y

-36.2%

WELL

CA$3.96

WELL Health Technologies

7D

-2.9%

1Y

3.4%

DR

CA$15.32

Medical Facilities

7D

-3.5%

1Y

23.6%

AND

CA$53.35

Andlauer Healthcare Group

7D

-0.3%

1Y

37.0%

IBO

CA$0.02

Universal Ibogaine

7D

-33.3%

1Y

33.3%

JNH

CA$0.01

Jack Nathan Medical

7D

100.0%

1Y

-75.0%