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Canadian (TSX) Healthcare Services Industry Analysis

UpdatedJul 05, 2026
DataAggregated Company Financials
Companies9
  • 7D4.4%
  • 3M12.8%
  • 1Y38.1%
  • YTD25.0%

Over the last 7 days, the Healthcare Services industry has risen 4.4%, driven by gains from Chartwell Retirement Residences of 4.1%. This takes the industry's 12 month performance to a gain of 38%. Looking forward, earnings are forecast to grow by 54% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Jul 2026CA$15.3bCA$6.1bCA$192.6m47.7x79.6x2.5x
Tue, 02 Jun 2026CA$13.7bCA$6.1bCA$191.9m45.6x71.2x2.2x
Thu, 30 Apr 2026CA$13.9bCA$5.8bCA$139.8m29.5x99.3x2.4x
Sat, 28 Mar 2026CA$12.5bCA$5.8bCA$140.1m25.6x89.1x2.2x
Mon, 23 Feb 2026CA$13.3bCA$6.0bCA$138.5m27.2x96.3x2.2x
Wed, 21 Jan 2026CA$12.8bCA$5.9bCA$133.8m24.6x95.9x2.2x
Fri, 19 Dec 2025CA$14.1bCA$7.6bCA$106.4m24.1x132.6x1.9x
Sun, 16 Nov 2025CA$13.5bCA$7.6bCA$108.1m22.3x125.2x1.8x
Tue, 14 Oct 2025CA$15.3bCA$7.8bCA$78.3m30.2x194.7x1.9x
Thu, 11 Sep 2025CA$14.2bCA$7.8bCA$75.9m40.1x187.1x1.8x
Sat, 09 Aug 2025CA$13.7bCA$7.5bCA$158.9m26.2x85.9x1.8x
Mon, 07 Jul 2025CA$13.7bCA$7.5bCA$150.5m25.6x91.3x1.8x
Wed, 04 Jun 2025CA$13.7bCA$7.5bCA$149.9m25.7x91.4x1.8x
Fri, 02 May 2025CA$13.1bCA$7.3bCA$171.8m30.7x76.5x1.8x
Sun, 30 Mar 2025CA$12.4bCA$7.4bCA$214.4m17x58x1.7x
Tue, 25 Feb 2025CA$12.6bCA$7.4bCA$154.3m24x81.7x1.7x
Thu, 23 Jan 2025CA$12.4bCA$7.4bCA$146.4m24.7x84.4x1.7x
Sat, 21 Dec 2024CA$12.4bCA$7.4bCA$147.1m25x84x1.7x
Mon, 18 Nov 2024CA$12.2bCA$7.5bCA$129.7m20.9x93.7x1.6x
Wed, 16 Oct 2024CA$11.6bCA$7.3bCA$154.8m22.2x74.8x1.6x
Fri, 13 Sep 2024CA$11.4bCA$7.3bCA$152.8m21.4x74.8x1.6x
Sun, 11 Aug 2024CA$10.9bCA$7.1bCA$11.4m31.7x955.9x1.5x
Tue, 09 Jul 2024CA$10.4bCA$7.2b-CA$69,431,567.7123.6x-149.6x1.5x
Thu, 06 Jun 2024CA$9.5bCA$7.2b-CA$69,814,885.0625x-136.6x1.3x
Sat, 04 May 2024CA$9.3bCA$7.0b-CA$136,275,937.0326.3x-68.3x1.3x
Mon, 01 Apr 2024CA$9.2bCA$6.9b-CA$101,741,464.8426.5x-90.5x1.3x
Wed, 28 Feb 2024CA$9.1bCA$6.8b-CA$61,314,229.2234.3x-148.2x1.3x
Fri, 26 Jan 2024CA$9.4bCA$7.1b-CA$112,390,575.0033.4x-83.5x1.3x
Sun, 24 Dec 2023CA$9.5bCA$7.1b-CA$112,071,047.0032.1x-84.4x1.3x
Tue, 21 Nov 2023CA$8.9bCA$7.1b-CA$190,608,893.0030.2x-46.7x1.3x
Thu, 19 Oct 2023CA$8.9bCA$7.0b-CA$199,066,331.0069.3x-44.6x1.3x
Sat, 16 Sep 2023CA$9.1bCA$7.0b-CA$200,305,391.0075.3x-45.5x1.3x
Mon, 14 Aug 2023CA$9.4bCA$7.0b-CA$229,495,402.0088.6x-41.2x1.4x
Wed, 12 Jul 2023CA$9.2bCA$6.9b-CA$203,472,167.0058.9x-45.2x1.3x
Price to Earnings Ratio

-45.2x


Total Market Cap: CA$9.2bTotal Earnings: -CA$203,472,167.00Total Revenue: CA$6.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthcare Services Industry Price to Earnings3Y Average 11.8x202420252026
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 78.3x which is higher than its 3-year average PE of 11.8x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.5x.
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 3.9% 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 Market0.99%
Healthcare3.42%
Healthcare Services4.39%
Healthcare Facilities4.54%
Healthcare Services2.97%
Healthcare Distributors0%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 211x.
    • Analysts are expecting annual earnings growth of 63.7%, 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 64% 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 6.4% 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$23.274.1%
+CA$298.3m		26.6%PE1784.8x
EXE ExtendicareCA$37.365.8%
+CA$193.4m		172.7%PE29x
SIA Sienna Senior LivingCA$23.264.5%
+CA$106.1m		23.9%PE54.4x
WELL WELL Health TechnologiesCA$4.314.4%
+CA$46.0m		1.4%PE41x
DR Medical FacilitiesCA$18.251.4%
+CA$4.4m		9.8%PE12.8x

Latest News

CSH.UN
CA$23.27
Chartwell Retirement Residences
7D
4.1%
1Y
26.6%
EBM
CA$0.98
Eastwood Bio-Medical Canada
7D
-1.0%
1Y
102.1%
EXE
CA$37.36
Extendicare
7D
5.8%
1Y
172.7%
AIDX
CA$0.77
Healwell AI
7D
-3.2%
1Y
-42.0%
Narrative Update • Jun 26

AIDX: Future Clinical Adoption And Margin Gains Will Support Upside Potential

Analysts have trimmed their fair value estimate and price target for Healwell AI to CA$2.40 from CA$2.85, citing updated assumptions for revenue growth, profit margins, discount rate, and future P/E. Analyst Commentary Recent Street research on Healwell AI reflects a mix of optimism around long term growth potential and caution around execution and valuation, which helps explain the updated fair value estimate and price target.
SIA
CA$23.26
Sienna Senior Living
7D
4.5%
1Y
23.9%
DR
CA$18.25
Medical Facilities
7D
1.4%
1Y
9.8%
WELL
CA$4.31
WELL Health Technologies
7D
4.4%
1Y
1.4%
Narrative Update • Jun 16

WELL: Early EBITDA Milestone And Clinic Expansion Will Drive Future Upside

Analysts now reference a revised fair value of CA$8.25 for WELL Health Technologies, down from CA$9.00 previously, with recent Street research citing refreshed models that incorporate updated growth, margin and P/E assumptions alongside mixed but generally constructive adjustments to individual price targets, including moves to CA$6.00 at CIBC and CA$8.25 at Stifel. Analyst Commentary Recent research on WELL Health Technologies focuses on refreshed models that feed directly into updated price targets, with bullish analysts fine tuning their views on valuation, execution and growth assumptions rather than making wholesale changes to their ratings.
NPTH
CA$0.65
NeuPath Health
7D
8.3%
1Y
150.0%
NLH
CA$0.43
Nova Leap Health
7D
-1.1%
1Y
53.6%