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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedMar 31, 2026
DataAggregated Company Financials
Companies10
  • 7D-1.4%
  • 3M2.4%
  • 1Y22.7%
  • YTD3.2%

Over the last 7 days, the Healthcare Services industry has dropped 1.4%, driven by declines in Sienna Senior Living and Chartwell Retirement Residences of 2.9% and 1.0%, respectively. Over the past 12 months, the industry was up 23%. Looking forward, earnings are forecast to grow by 49% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Mar 2026CA$12.5bCA$5.8bCA$140.1m25.3x89.1x2.2x
Thu, 26 Feb 2026CA$13.5bCA$6.0bCA$138.5m25.9x97.2x2.3x
Sat, 24 Jan 2026CA$12.8bCA$5.9bCA$133.4m23.8x95.8x2.2x
Mon, 22 Dec 2025CA$14.4bCA$7.6bCA$106.4m23.7x135x1.9x
Wed, 19 Nov 2025CA$13.6bCA$7.6bCA$107.9m21.7x126.3x1.8x
Fri, 17 Oct 2025CA$15.3bCA$7.8bCA$78.5m30.1x194.9x2x
Sun, 14 Sep 2025CA$14.4bCA$7.8bCA$75.9m40.4x190x1.8x
Tue, 12 Aug 2025CA$14.0bCA$7.6bCA$167.8m40.6x83.2x1.8x
Thu, 10 Jul 2025CA$13.9bCA$7.5bCA$150.7m25.6x92x1.9x
Sat, 07 Jun 2025CA$13.7bCA$7.5bCA$149.9m25.7x91.4x1.8x
Mon, 05 May 2025CA$13.4bCA$7.3bCA$171.7m30.6x78.1x1.8x
Wed, 02 Apr 2025CA$12.3bCA$7.3bCA$214.4m14.8x57.2x1.7x
Fri, 28 Feb 2025CA$12.7bCA$7.4bCA$153.5m22.6x82.6x1.7x
Sun, 26 Jan 2025CA$12.5bCA$7.4bCA$146.4m25.2x85.2x1.7x
Tue, 24 Dec 2024CA$12.5bCA$7.4bCA$147.1m25x85x1.7x
Thu, 21 Nov 2024CA$12.1bCA$7.5bCA$129.2m21.5x94x1.6x
Sat, 19 Oct 2024CA$11.9bCA$7.3bCA$154.8m22.6x76.9x1.6x
Mon, 16 Sep 2024CA$11.7bCA$7.3bCA$152.8m21.4x76.3x1.6x
Wed, 14 Aug 2024CA$10.8bCA$7.2bCA$49.2m31.2x220.3x1.5x
Fri, 12 Jul 2024CA$10.4bCA$7.1bCA$4.8m23x2146.2x1.5x
Sun, 09 Jun 2024CA$9.8bCA$7.2b-CA$69,810,662.4725.2x-140.5x1.4x
Tue, 07 May 2024CA$9.4bCA$7.0b-CA$136,269,398.1025.8x-68.8x1.3x
Thu, 04 Apr 2024CA$9.1bCA$6.9b-CA$101,744,377.6126.7x-89.3x1.3x
Sat, 02 Mar 2024CA$9.1bCA$6.8b-CA$59,039,813.7333x-153.6x1.3x
Mon, 29 Jan 2024CA$9.5bCA$7.1b-CA$108,695,770.0033x-87.7x1.3x
Wed, 27 Dec 2023CA$9.5bCA$7.1b-CA$112,067,691.0032.1x-84.4x1.3x
Fri, 24 Nov 2023CA$8.9bCA$7.1b-CA$190,613,358.0030.6x-46.7x1.3x
Sun, 22 Oct 2023CA$8.7bCA$7.0b-CA$199,066,761.0061.3x-43.9x1.3x
Tue, 19 Sep 2023CA$9.3bCA$7.0b-CA$200,261,544.0073.6x-46.5x1.3x
Thu, 17 Aug 2023CA$9.5bCA$7.0b-CA$236,634,506.0090.1x-40.1x1.4x
Sat, 15 Jul 2023CA$9.5bCA$6.9b-CA$203,288,166.0059.5x-46.9x1.4x
Mon, 12 Jun 2023CA$9.5bCA$6.9b-CA$202,347,771.0062.3x-46.8x1.4x
Wed, 10 May 2023CA$10.1bCA$6.7b-CA$162,870,901.0067.1x-61.8x1.5x
Fri, 07 Apr 2023CA$9.7bCA$7.7b-CA$382,126,340.0061.3x-25.3x1.3x
Price to Earnings Ratio

-25.3x


Total Market Cap: CA$9.7bTotal Earnings: -CA$382,126,340.00Total Revenue: CA$7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average 1x202420252026
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 89.1x which is higher than its 3-year average PE of 0.96x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.2x.
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 9.1% 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 Market0.38%
Healthcare-5.70%
Healthcare Services-1.36%
Healthcare Distributors0%0
Healthcare Facilities-0.95%
Healthcare Services-4.88%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 223x.
    • Analysts are expecting annual earnings growth of 47.3%, which is higher than its past year's earnings growth of 22.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 59% over the next 5 years.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 47% 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$25.841.1%
+CA$25.5m		100.3%PE25.3x
EBM Eastwood Bio-Medical CanadaCA$0.8048.1%
+CA$17.9m		122.2%PS70.5x

Latest News

NPTH
CA$0.46
NeuPath Health
7D
-8.0%
1Y
135.9%
CSH.UN
CA$19.68
Chartwell Retirement Residences
7D
-1.0%
1Y
17.3%
AIDX
CA$0.73
Healwell AI
7D
-14.1%
1Y
-51.7%
WELL
CA$3.64
WELL Health Technologies
7D
-2.4%
1Y
-12.1%

WELL: Long Term Digital Health Platform Will Rely On Margin Improvement

Analysts have trimmed their price target on WELL Health Technologies to about CA$7.07 from CA$7.67. This reflects updated assumptions for slower revenue growth, lower profit margins, a higher discount rate and a higher future P/E multiple in their models.
EXE
CA$25.84
Extendicare
7D
1.1%
1Y
100.3%
DR
CA$16.37
Medical Facilities
7D
-2.1%
1Y
-2.0%
SIA
CA$21.54
Sienna Senior Living
7D
-2.9%
1Y
29.8%
NLH
CA$0.31
Nova Leap Health
7D
-1.6%
1Y
26.5%
PHA
CA$0.02
Premier Health of America
7D
-20.0%
1Y
-66.7%
EBM
CA$0.80
Eastwood Bio-Medical Canada
7D
48.1%
1Y
122.2%