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Canadian (TSX) Healthcare Services Industry Analysis
UpdatedMar 05, 2026
DataAggregated Company Financials
Companies11
- 7D1.7%
- 3M11.5%
- 1Y28.4%
- YTD12.4%
The Healthcare Services industry is up 1.7% in the last week, with Extendicare up 10%. This means that the industry has gained 28% over the past year. Earnings are forecast to grow by 44% annually.
Industry Valuation and Performance
Has the Canadian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 05 Mar 2026 | CA$13.6b | CA$6.1b | CA$147.7m | 26.4x | 92.3x | 2.2x |
| Sat, 31 Jan 2026 | CA$12.5b | CA$5.9b | CA$133.1m | 23.8x | 94x | 2.1x |
| Mon, 29 Dec 2025 | CA$14.1b | CA$7.6b | CA$106.0m | 23.4x | 133x | 1.9x |
| Wed, 26 Nov 2025 | CA$13.9b | CA$7.6b | CA$108.3m | 21.9x | 128.1x | 1.8x |
| Fri, 24 Oct 2025 | CA$15.9b | CA$7.8b | CA$78.3m | 31x | 203.5x | 2x |
| Sun, 21 Sep 2025 | CA$14.6b | CA$7.8b | CA$75.7m | 40.6x | 192.5x | 1.9x |
| Tue, 19 Aug 2025 | CA$13.9b | CA$7.8b | CA$73.2m | 40.5x | 189.7x | 1.8x |
| Thu, 17 Jul 2025 | CA$13.8b | CA$7.5b | CA$148.1m | 24.3x | 93.4x | 1.9x |
| Sat, 14 Jun 2025 | CA$13.7b | CA$7.5b | CA$149.6m | 25.3x | 91.4x | 1.8x |
| Mon, 12 May 2025 | CA$13.7b | CA$7.4b | CA$217.5m | 30x | 62.8x | 1.9x |
| Wed, 09 Apr 2025 | CA$12.1b | CA$7.3b | CA$213.4m | 14x | 56.5x | 1.6x |
| Fri, 07 Mar 2025 | CA$12.6b | CA$7.5b | CA$180.9m | 21.3x | 69.9x | 1.7x |
| Sun, 02 Feb 2025 | CA$12.3b | CA$7.4b | CA$146.6m | 23.8x | 83.8x | 1.7x |
| Tue, 31 Dec 2024 | CA$12.4b | CA$7.4b | CA$146.4m | 24.3x | 85x | 1.7x |
| Thu, 28 Nov 2024 | CA$12.3b | CA$7.5b | CA$123.4m | 22.2x | 99.9x | 1.6x |
| Sat, 26 Oct 2024 | CA$11.8b | CA$7.3b | CA$154.8m | 22.7x | 76x | 1.6x |
| Mon, 23 Sep 2024 | CA$11.5b | CA$7.3b | CA$152.8m | 21.4x | 75.6x | 1.6x |
| Wed, 21 Aug 2024 | CA$11.0b | CA$7.3b | CA$160.0m | 21.7x | 69x | 1.5x |
| Fri, 19 Jul 2024 | CA$10.6b | CA$7.1b | CA$4.9m | 24.3x | 2174.4x | 1.5x |
| Sun, 16 Jun 2024 | CA$10.0b | CA$7.2b | -CA$70,650,099.35 | 30x | -141.3x | 1.4x |
| Tue, 14 May 2024 | CA$9.3b | CA$7.1b | -CA$57,111,088.76 | 24.9x | -163.6x | 1.3x |
| Thu, 11 Apr 2024 | CA$9.5b | CA$7.0b | -CA$133,906,157.56 | 26.5x | -71.1x | 1.4x |
| Sat, 09 Mar 2024 | CA$9.1b | CA$6.8b | -CA$87,673,351.73 | 28.7x | -104.3x | 1.3x |
| Mon, 05 Feb 2024 | CA$9.5b | CA$7.1b | -CA$108,707,017.00 | 32.8x | -87.4x | 1.3x |
| Wed, 03 Jan 2024 | CA$9.5b | CA$7.1b | -CA$112,452,167.00 | 32.1x | -84.6x | 1.3x |
| Fri, 01 Dec 2023 | CA$9.0b | CA$7.1b | -CA$105,344,061.00 | 32.4x | -85.3x | 1.3x |
| Sun, 29 Oct 2023 | CA$8.4b | CA$7.0b | -CA$199,203,938.00 | 59.2x | -42.3x | 1.2x |
| Tue, 26 Sep 2023 | CA$9.1b | CA$7.0b | -CA$200,198,444.00 | 69.4x | -45.3x | 1.3x |
| Thu, 24 Aug 2023 | CA$9.4b | CA$7.0b | -CA$205,679,220.00 | 91.1x | -45.7x | 1.3x |
| Sat, 22 Jul 2023 | CA$9.5b | CA$6.9b | -CA$203,356,643.00 | 57.2x | -47x | 1.4x |
| Mon, 19 Jun 2023 | CA$9.3b | CA$6.8b | -CA$202,305,381.00 | 58.9x | -46.2x | 1.4x |
| Wed, 17 May 2023 | CA$9.5b | CA$6.9b | -CA$209,716,872.00 | 51.5x | -45.3x | 1.4x |
| Fri, 14 Apr 2023 | CA$9.9b | CA$7.7b | -CA$378,061,840.00 | 62.9x | -26.3x | 1.3x |
| Sun, 12 Mar 2023 | CA$9.6b | CA$7.6b | -CA$458,763,057.00 | 44.4x | -20.9x | 1.3x |
Price to Earnings Ratio
-20.9x
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 92.3x which is higher than its 3-year average PE of -1.9x.
- 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 7.3% 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 | -0.89% | |
| Healthcare | -1.12% | |
| Healthcare Services | 1.72% | |
| Healthcare Services | 12.23% | |
| Healthcare Facilities | 0.48% | |
| Healthcare Distributors | 0% | 0 |
Industry PE
- Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 225x.
- Analysts are expecting annual earnings growth of 36.5%, which is higher than its past year's earnings growth of 28.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 78% over the next 5 years.
- In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 36% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EXE Extendicare | CA$27.05 | 10.5% +CA$241.8m | 106.8% | PE26.4x | |
| WELL WELL Health Technologies | CA$4.48 | 13.4% +CA$135.2m | -18.4% | PS0.9x | |
| AIDX Healwell AI | CA$0.78 | 25.0% +CA$45.6m | -47.3% | PS2.3x | |
| DR Medical Facilities | CA$16.97 | 2.0% +CA$5.9m | -2.9% | PE5x | |
| EBM Eastwood Bio-Medical Canada | CA$0.75 | 7.1% +CA$3.4m | 27.1% | PS66.1x |
