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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedFeb 14, 2026
DataAggregated Company Financials
Companies11
  • 7D3.3%
  • 3M12.3%
  • 1Y28.4%
  • YTD10.0%

In the last week, the Healthcare Services industry is up 3.3%, with Chartwell Retirement Residences up 4.3%. Meanwhile, Healwell AI actually underperformed within the industry, shrinking 9.5% in the last week. This takes the industry's 12 month performance to a gain of 28%. Looking forward, earnings are forecast to grow by 53% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 14 Feb 2026CA$13.1bCA$5.9bCA$133.2m27.5x98.7x2.2x
Mon, 12 Jan 2026CA$14.5bCA$7.6bCA$106.8m23.1x135.6x1.9x
Wed, 10 Dec 2025CA$14.1bCA$7.6bCA$107.5m24.9x131.1x1.9x
Fri, 07 Nov 2025CA$13.7bCA$7.3bCA$115.6m35.1x118.5x1.9x
Sun, 05 Oct 2025CA$15.8bCA$7.8bCA$76.2m41.6x206.8x2x
Tue, 02 Sep 2025CA$13.9bCA$7.8bCA$72.6m39.8x191.1x1.8x
Thu, 31 Jul 2025CA$13.5bCA$7.5bCA$148.5m23.5x91.1x1.8x
Sat, 28 Jun 2025CA$13.6bCA$7.5bCA$149.9m25x90.6x1.8x
Mon, 26 May 2025CA$13.6bCA$7.5bCA$149.9m25.4x90.7x1.8x
Wed, 23 Apr 2025CA$12.0bCA$7.3bCA$171.7m25.6x70.1x1.7x
Fri, 21 Mar 2025CA$12.3bCA$7.3bCA$189.6m17.9x64.8x1.7x
Sun, 16 Feb 2025CA$12.5bCA$7.3bCA$146.7m24x85.5x1.7x
Tue, 14 Jan 2025CA$12.1bCA$7.4bCA$146.5m24.4x82.7x1.6x
Thu, 12 Dec 2024CA$12.7bCA$7.3bCA$149.4m24x84.8x1.7x
Sat, 09 Nov 2024CA$12.2bCA$7.4bCA$92.4m21.8x132.1x1.7x
Mon, 07 Oct 2024CA$11.3bCA$7.3bCA$152.8m21.3x73.8x1.5x
Wed, 04 Sep 2024CA$11.2bCA$7.3bCA$152.8m22x73.2x1.5x
Fri, 02 Aug 2024CA$10.9bCA$7.1bCA$4.9m25.6x2235.5x1.5x
Sun, 30 Jun 2024CA$10.4bCA$7.2b-CA$72,104,875.9223.8x-143.7x1.4x
Tue, 28 May 2024CA$9.3bCA$7.2b-CA$72,699,183.9024.5x-128.6x1.3x
Thu, 25 Apr 2024CA$9.4bCA$7.0b-CA$133,884,875.9626.1x-69.9x1.3x
Sat, 23 Mar 2024CA$9.2bCA$6.9b-CA$61,205,374.5727x-150x1.3x
Mon, 19 Feb 2024CA$9.0bCA$6.7b-CA$68,522,913.0233.1x-131.4x1.3x
Wed, 17 Jan 2024CA$9.7bCA$7.1b-CA$112,390,990.0032.2x-85.9x1.4x
Fri, 15 Dec 2023CA$9.3bCA$7.1b-CA$108,858,970.0031.8x-85.7x1.3x
Sun, 12 Nov 2023CA$8.8bCA$7.1b-CA$188,851,383.0029.3x-46.8x1.3x
Tue, 10 Oct 2023CA$9.0bCA$7.0b-CA$198,941,260.0069.6x-45x1.3x
Thu, 07 Sep 2023CA$9.3bCA$7.0b-CA$200,479,443.0076.1x-46.3x1.3x
Sat, 05 Aug 2023CA$9.5bCA$6.9b-CA$219,621,845.0053.8x-43.1x1.4x
Mon, 03 Jul 2023CA$9.4bCA$6.9b-CA$203,400,293.0062.6x-46.3x1.4x
Wed, 31 May 2023CA$9.2bCA$6.9b-CA$208,038,442.0060.8x-44.3x1.3x
Fri, 28 Apr 2023CA$10.2bCA$7.7b-CA$379,666,285.0067x-26.8x1.3x
Sun, 26 Mar 2023CA$9.6bCA$7.7b-CA$387,301,849.0062.7x-24.9x1.2x
Tue, 21 Feb 2023CA$10.4bCA$7.8b-CA$397,252,998.0036.1x-26.2x1.3x
Price to Earnings Ratio

-26.2x


Total Market Cap: CA$10.4bTotal Earnings: -CA$397,252,998.00Total Revenue: CA$7.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average -4x202420252026
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 98.7x which is higher than its 3-year average PE of -4.0x.
  • 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 8.6% 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 Market1.86%
Healthcare-0.44%
Healthcare Services3.35%
Healthcare Facilities4.22%
Healthcare Distributors0%0
Healthcare Services-3.11%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 226x.
    • Analysts are expecting annual earnings growth of 48.6%, which is higher than its past year's earnings growth of 42.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 77% over the next 5 years.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 49% 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
CSH.UN Chartwell Retirement ResidencesCA$21.894.3%
+CA$288.1m		33.7%PE269.6x
SIA Sienna Senior LivingCA$23.134.5%
+CA$98.2m		46.6%PE58.2x
EXE ExtendicareCA$24.994.2%
+CA$94.5m		124.7%PE25.9x
NLH Nova Leap HealthCA$0.343.0%
+CA$873.1k		25.9%PE29.1x
QIPT Quipt Home MedicalCA$4.850%
CA$654.8k		14.7%PS0.6x

Latest News

EXE
CA$24.99
Extendicare
7D
4.2%
1Y
124.7%

Extendicare (TSE:EXE) Has A Pretty Healthy Balance Sheet

Feb 14
Extendicare (TSE:EXE) Has A Pretty Healthy Balance Sheet
AIDX
CA$0.67
Healwell AI
7D
-9.5%
1Y
-60.6%

Why We're Not Concerned Yet About Healwell AI Inc.'s (TSE:AIDX) 26% Share Price Plunge

Feb 11
Why We're Not Concerned Yet About Healwell AI Inc.'s (TSE:AIDX) 26% Share Price Plunge
CSH.UN
CA$21.89
Chartwell Retirement Residences
7D
4.3%
1Y
33.7%

CSH.UN: Fair Outlook Will Rely On Adjusted Profitability And Pricing Assumptions

Analysts have inched their fair value estimate for Chartwell Retirement Residences up from CA$23.05 to about CA$23.23, reflecting updated views on its discount rate, revenue growth, profit margin, and future P/E assumptions. Valuation Changes Fair Value Estimate: Adjusted slightly higher from CA$23.05 to about CA$23.23.
WELL
CA$3.96
WELL Health Technologies
7D
-2.2%
1Y
-34.9%

WELL: Future Upside Will Rely On Margin Expansion And Lower P E Multiple

Analysts trimmed their price target on WELL Health Technologies by C$0.50, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and the future P/E they see as appropriate for the stock. Analyst Commentary Recent research updates on WELL Health Technologies highlight a more conservative stance among some bearish analysts, who are reassessing what they see as fair value for the shares.
QIPT
CA$4.85
Quipt Home Medical
7D
0%
1Y
14.7%

QIPT: Cash Buyout Will Likely Unlock Upside Versus Estimated Fair Value

Analysts have trimmed their price target on Quipt Home Medical to US$5.80, reflecting updated assumptions around the discount rate, profit margin and forward P/E that keep fair value broadly in line with prior estimates. What's in the News On December 14 to 15, 2025, Quipt Home Medical entered into a definitive agreement to be acquired in an all cash transaction by affiliates of Kingswood Capital Management and Forager Capital Management.
SIA
CA$23.13
Sienna Senior Living
7D
4.5%
1Y
46.6%

Should You Think About Buying Sienna Senior Living Inc. (TSE:SIA) Now?

Feb 06
Should You Think About Buying Sienna Senior Living Inc. (TSE:SIA) Now?
ELM
CA$0.01
Element Lifestyle Retirement
7D
-33.3%
1Y
n/a
NPTH
CA$0.43
NeuPath Health
7D
-12.2%
1Y
104.8%
JUMP
CA$0.055
Leveljump Healthcare
7D
-15.4%
1Y
n/a
VIBE
CA$0.055
Vibe Growth
7D
-8.3%
1Y
-21.4%
NLH
CA$0.34
Nova Leap Health
7D
3.0%
1Y
25.9%
MJRX
CA$0.055
Global Health Clinics
7D
57.1%
1Y
175.0%
DR
CA$16.22
Medical Facilities
7D
0.1%
1Y
-4.9%
EBM
CA$0.80
Eastwood Bio-Medical Canada
7D
-20.0%
1Y
86.0%