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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedAug 19, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.6%
  • 3M-2.1%
  • 1Y23.4%
  • YTD12.3%

Over the last 7 days, the Healthcare Services industry has dropped 1.7%, driven by a pullback from Chartwell Retirement Residences of 1.8%. Meanwhile, Eastwood Bio-Medical Canada actually outperformed within the industry, gaining 44% in the last week. This takes the industry's 12 month performance to a gain of 21%. Looking forward, earnings are forecast to grow by 62% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Aug 2026CA$13.8bCA$6.4bCA$190.2m25.5x72.6x2.1x
Fri, 17 Jul 2026CA$15.1bCA$6.1bCA$186.7m54.8x80.9x2.5x
Sun, 14 Jun 2026CA$13.9bCA$6.1bCA$192.2m46.8x72.4x2.3x
Tue, 12 May 2026CA$14.3bCA$6.1bCA$191.0m38.8x75.1x2.4x
Thu, 09 Apr 2026CA$13.3bCA$5.8bCA$140.0m28.2x95.3x2.3x
Sat, 07 Mar 2026CA$13.6bCA$6.1bCA$147.5m27.6x92.2x2.2x
Mon, 02 Feb 2026CA$12.4bCA$5.9bCA$133.1m23.8x93.1x2.1x
Wed, 31 Dec 2025CA$14.2bCA$7.6bCA$106.1m23x134.2x1.9x
Fri, 28 Nov 2025CA$13.8bCA$7.6bCA$108.1m23.6x127.6x1.8x
Sun, 26 Oct 2025CA$16.1bCA$7.8bCA$78.3m31x205.3x2.1x
Tue, 23 Sep 2025CA$14.6bCA$7.8bCA$75.8m40.5x192.2x1.9x
Thu, 21 Aug 2025CA$13.9bCA$7.8bCA$73.4m40.1x189.4x1.8x
Sat, 19 Jul 2025CA$13.8bCA$7.5bCA$148.2m25.4x93.1x1.8x
Mon, 16 Jun 2025CA$13.6bCA$7.5bCA$149.6m25.3x90.9x1.8x
Wed, 14 May 2025CA$13.7bCA$7.4bCA$216.7m30x63.1x1.8x
Fri, 11 Apr 2025CA$12.2bCA$7.3bCA$212.9m14.4x57.3x1.7x
Sun, 09 Mar 2025CA$12.5bCA$7.5bCA$183.6m18.5x68.2x1.7x
Tue, 04 Feb 2025CA$12.3bCA$7.4bCA$146.7m23.9x83.9x1.7x
Thu, 02 Jan 2025CA$12.4bCA$7.4bCA$146.4m24.3x84.5x1.7x
Sat, 30 Nov 2024CA$12.4bCA$7.5bCA$137.0m22.9x90.8x1.7x
Mon, 28 Oct 2024CA$11.8bCA$7.3bCA$154.8m22.7x75.9x1.6x
Wed, 25 Sep 2024CA$11.5bCA$7.3bCA$152.8m21.8x75x1.6x
Fri, 23 Aug 2024CA$11.0bCA$7.3bCA$151.0m21.6x72.6x1.5x
Sun, 21 Jul 2024CA$10.5bCA$7.1bCA$4.8m24.4x2174x1.5x
Tue, 18 Jun 2024CA$10.0bCA$7.2b-CA$70,650,674.0629.9x-141.3x1.4x
Thu, 16 May 2024CA$9.4bCA$7.1b-CA$57,117,166.2626x-164.5x1.3x
Sat, 13 Apr 2024CA$9.4bCA$7.0b-CA$133,841,000.1926.3x-70.3x1.3x
Mon, 11 Mar 2024CA$9.1bCA$6.8b-CA$87,652,113.7828.7x-104.3x1.3x
Wed, 07 Feb 2024CA$8.9bCA$6.7b-CA$67,929,195.7032.4x-130.6x1.3x
Fri, 05 Jan 2024CA$9.5bCA$7.1b-CA$112,472,121.0032x-84.6x1.3x
Sun, 03 Dec 2023CA$9.1bCA$7.1b-CA$106,935,693.0032.8x-85.4x1.3x
Tue, 31 Oct 2023CA$8.4bCA$7.0b-CA$199,162,940.0063.9x-42x1.2x
Thu, 28 Sep 2023CA$8.9bCA$7.0b-CA$200,268,996.0071.7x-44.3x1.3x
Sat, 26 Aug 2023CA$9.3bCA$7.0b-CA$205,606,328.0079x-45.4x1.3x
Price to Earnings Ratio

-45.4x


Total Market Cap: CA$9.3bTotal Earnings: -CA$205,606,328.00Total Revenue: CA$7.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average 16.9x202420252026
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 74.0x which is higher than its 3-year average PE of 16.9x.
  • The 3-year average PS ratio of 1.7x 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 2.7% 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-0.38%
Healthcare-2.13%
Healthcare Services-0.58%
Healthcare Services3.01%
Healthcare Distributors0%0
Healthcare Facilities-0.98%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry even though it's trading below its 3-year average PE ratio of 205x.
    • Analysts are expecting annual earnings growth of 70.4%, which is higher than its past year's earnings growth of 5.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 70% over the next 5 years.
  • This is better than its past earnings growth rate of 5.2% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 18% 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
EBM Eastwood Bio-Medical CanadaCA$1.8743.8%
+CA$39.3m		356.1%PS163.5x
WELL WELL Health TechnologiesCA$4.343.3%
+CA$35.8m		-12.0%PE294.8x
EXE ExtendicareCA$32.061.1%
+CA$33.3m		141.1%PE25.1x
DR Medical FacilitiesCA$15.563.6%
+CA$8.8m		6.4%PE10.5x
NLH Nova Leap HealthCA$0.497.6%
+CA$3.1m		59.7%PE23.1x

Latest News

MJRX.X
CA$0.28
Global Health Clinics
7D
-23.6%
1Y
n/a
EXE
CA$32.06
Extendicare
7D
1.1%
1Y
141.1%
CSH.UN
CA$20.77
Chartwell Retirement Residences
7D
-1.8%
1Y
12.5%
NPTH
CA$0.60
NeuPath Health
7D
-1.6%
1Y
110.5%
SIA
CA$21.54
Sienna Senior Living
7D
-1.7%
1Y
19.3%
WELL
CA$4.34
WELL Health Technologies
7D
3.3%
1Y
-12.0%
DR
CA$15.56
Medical Facilities
7D
3.6%
1Y
6.4%
NLH
CA$0.49
Nova Leap Health
7D
7.6%
1Y
59.7%
AIDX
CA$0.74
Healwell AI
7D
1.4%
1Y
-44.4%
EBM
CA$1.87
Eastwood Bio-Medical Canada
7D
43.8%
1Y
356.1%