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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies9
  • 7D0.6%
  • 3M2.4%
  • 1Y25.7%
  • YTD13.4%

Over the last 7 days, the Healthcare Services industry has remained flat, although notably Extendicare gained 6.4%. As for the the longer term, the industry is up 26% over the past 12 months. As for the next few years, earnings are expected to grow by 73% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 May 2026CA$13.9bCA$6.1bCA$191.8m44.9x72.4x2.3x
Fri, 17 Apr 2026CA$13.8bCA$5.8bCA$139.9m29.1x98.8x2.4x
Sun, 15 Mar 2026CA$13.3bCA$6.0bCA$101.6m25.8x131.1x2.2x
Tue, 10 Feb 2026CA$12.9bCA$5.9bCA$132.9m26.4x97.4x2.2x
Thu, 08 Jan 2026CA$14.4bCA$7.6bCA$106.6m22.7x135.3x1.9x
Sat, 06 Dec 2025CA$13.8bCA$7.6bCA$107.4m23.3x129x1.8x
Mon, 03 Nov 2025CA$16.0bCA$7.8bCA$78.4m31.6x203.6x2x
Wed, 01 Oct 2025CA$15.6bCA$7.8bCA$76.1m41x205.3x2x
Fri, 29 Aug 2025CA$13.8bCA$7.8bCA$72.7m39.7x189.4x1.8x
Sun, 27 Jul 2025CA$13.4bCA$7.5bCA$148.2m25.3x90.3x1.8x
Tue, 24 Jun 2025CA$13.5bCA$7.5bCA$150.0m24.7x89.7x1.8x
Thu, 22 May 2025CA$13.8bCA$7.5bCA$150.3m25.3x91.7x1.8x
Sat, 19 Apr 2025CA$12.2bCA$7.3bCA$171.8m25.2x70.9x1.7x
Mon, 17 Mar 2025CA$12.2bCA$7.5bCA$182.5m17.8x66.7x1.6x
Wed, 12 Feb 2025CA$12.5bCA$7.3bCA$146.9m24.3x85.2x1.7x
Fri, 10 Jan 2025CA$12.3bCA$7.4bCA$146.4m24.5x83.7x1.7x
Sun, 08 Dec 2024CA$12.7bCA$7.5bCA$137.2m23.7x92.3x1.7x
Tue, 05 Nov 2024CA$11.7bCA$7.3bCA$154.8m22.8x75.8x1.6x
Thu, 03 Oct 2024CA$11.5bCA$7.3bCA$152.8m21.5x75.5x1.6x
Sat, 31 Aug 2024CA$11.0bCA$7.3bCA$151.5m22.1x72.6x1.5x
Mon, 29 Jul 2024CA$10.9bCA$7.1bCA$4.8m24.8x2249.7x1.5x
Wed, 26 Jun 2024CA$10.2bCA$7.2b-CA$71,730,624.7623.6x-142.4x1.4x
Fri, 24 May 2024CA$9.3bCA$7.1b-CA$71,062,948.2924.5x-131.3x1.3x
Sun, 21 Apr 2024CA$9.3bCA$7.0b-CA$133,869,207.9126.2x-69.4x1.3x
Tue, 19 Mar 2024CA$9.3bCA$6.8b-CA$68,418,127.3922.8x-135.5x1.4x
Thu, 15 Feb 2024CA$8.8bCA$6.7b-CA$67,353,837.7932.8x-130.3x1.3x
Sat, 13 Jan 2024CA$9.6bCA$7.1b-CA$112,309,634.0032x-85.4x1.3x
Mon, 11 Dec 2023CA$9.2bCA$7.1b-CA$106,905,789.0033.8x-85.8x1.3x
Wed, 08 Nov 2023CA$8.9bCA$7.0b-CA$199,670,283.0062.4x-44.6x1.3x
Fri, 06 Oct 2023CA$8.9bCA$7.0b-CA$199,072,130.0067.3x-44.9x1.3x
Sun, 03 Sep 2023CA$9.6bCA$7.0b-CA$199,659,698.0079x-48.1x1.4x
Tue, 01 Aug 2023CA$9.7bCA$6.8b-CA$203,744,250.0053.9x-47.4x1.4x
Thu, 29 Jun 2023CA$9.3bCA$6.9b-CA$202,249,951.0060.3x-45.9x1.4x
Sat, 27 May 2023CA$9.2bCA$6.9b-CA$207,008,235.0044.6x-44.5x1.3x
Price to Earnings Ratio

-44.5x


Total Market Cap: CA$9.2bTotal Earnings: -CA$207,008,235.00Total Revenue: CA$6.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average 6.8x202420252026
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 72.4x which is higher than its 3-year average PE of 6.8x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.3x.
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 declined 4.1% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

CA Market-1.95%
Healthcare-4.92%
Healthcare Services0.65%
Healthcare Facilities1.13%
Healthcare Distributors0%0
Healthcare Services-3.62%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 217x.
    • Analysts are expecting annual earnings growth of 86.6%, which is higher than its past year's earnings growth of 9.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 87% over the next 5 years.
  • This is better than its past earnings growth rate of 9.9% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings decline by 2.9% 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
EXE ExtendicareCA$34.036.4%
+CA$193.6m		131.0%PE26.3x
EBM Eastwood Bio-Medical CanadaCA$0.6915.0%
+CA$6.2m		72.5%PS66.1x
NLH Nova Leap HealthCA$0.4213.5%
+CA$4.4m		68.0%PE125.2x
DR Medical FacilitiesCA$17.270.5%
+CA$1.6m		10.3%PE12.5x

Latest News

WELL
CA$3.97
WELL Health Technologies
7D
-2.7%
1Y
-5.3%
CSH.UN
CA$20.58
Chartwell Retirement Residences
7D
-0.7%
1Y
13.5%
Analysis Article • May 17

Chartwell Retirement Residences' (TSE:CSH.UN) Problems Go Beyond Weak Profit

Last week's earnings announcement from Chartwell Retirement Residences ( TSE:CSH.UN ) was disappointing to investors...
NPTH
CA$0.56
NeuPath Health
7D
-5.1%
1Y
138.3%
EXE
CA$34.03
Extendicare
7D
6.4%
1Y
131.0%
DR
CA$17.27
Medical Facilities
7D
0.5%
1Y
10.3%
Narrative Update • May 17

DR: Fair Value View Will Hinge On Margin Execution And Share Repurchases

Analysts have raised their fair value estimate for Medical Facilities to CA$18.24 from CA$16.25, citing updated assumptions for revenue growth, profit margins and a lower future P/E. This is consistent with the recent CA$2 price target increase reported in Street research.
SIA
CA$22.20
Sienna Senior Living
7D
-0.09%
1Y
22.9%
AIDX
CA$0.83
Healwell AI
7D
-8.8%
1Y
-42.4%
NLH
CA$0.42
Nova Leap Health
7D
13.5%
1Y
68.0%
VIBE
CA$0.30
Vibe Growth
7D
-69.7%
1Y
-45.5%
EBM
CA$0.69
Eastwood Bio-Medical Canada
7D
15.0%
1Y
72.5%