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Canadian (TSX) Healthtech Industry Analysis

UpdatedMay 22, 2025
DataAggregated Company Financials
Companies12
  • 7D-1.7%
  • 3M-8.9%
  • 1Y42.4%
  • YTDn/a

Over the last 7 days, the Healthtech industry has dropped 1.3%, driven by a pullback from Vitalhub of 3.8%. On the other hand Light AI is actually up 19%. In the past year, the industry has gained 45%. Earnings are forecast to grow by 3.4% annually.

Industry Valuation and Performance

Has the Canadian Healthtech Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 May 2025CA$1.4bCA$133.8m-CA$31,759,323.00202x-45.7x10.8x
Sun, 20 Apr 2025CA$1.4bCA$138.7m-CA$22,047,890.00107.6x-63x10x
Tue, 18 Mar 2025CA$1.2bCA$131.5m-CA$13,642,110.0097.2x-90.6x9.4x
Thu, 13 Feb 2025CA$1.4bCA$127.2m-CA$13,979,026.00121.8x-99.8x11x
Sat, 11 Jan 2025CA$1.3bCA$127.1m-CA$21,980,357.00119.2x-60x10.4x
Mon, 09 Dec 2024CA$1.3bCA$127.1m-CA$21,980,357.00131.3x-59.4x10.3x
Wed, 06 Nov 2024CA$1.0bCA$117.8m-CA$25,832,010.00109x-40.6x8.9x
Fri, 04 Oct 2024CA$905.4mCA$117.8m-CA$25,474,194.0094x-35.5x7.7x
Sun, 01 Sep 2024CA$916.9mCA$117.8m-CA$25,496,571.0085.9x-36x7.8x
Tue, 30 Jul 2024CA$873.7mCA$111.1m-CA$23,614,965.0064.9x-37x7.9x
Thu, 27 Jun 2024CA$840.5mCA$120.3m-CA$22,081,794.7850.8x-38.1x7x
Sat, 25 May 2024CA$823.9mCA$119.7m-CA$23,202,674.4748.5x-35.5x6.9x
Mon, 22 Apr 2024CA$728.8mCA$127.2m-CA$34,793,806.4543.3x-20.9x5.7x
Wed, 20 Mar 2024CA$771.0mCA$224.1m-CA$51,735,573.2555x-14.9x3.4x
Fri, 16 Feb 2024CA$689.0mCA$220.8m-CA$49,826,800.3645.6x-13.8x3.1x
Sun, 14 Jan 2024CA$608.9mCA$221.5m-CA$74,776,201.0036x-8.1x2.7x
Tue, 12 Dec 2023CA$682.1mCA$222.0m-CA$77,867,876.0035.7x-8.8x3.1x
Thu, 09 Nov 2023CA$644.2mCA$214.9m-CA$82,259,681.00265.1x-7.8x3x
Sat, 07 Oct 2023CA$691.6mCA$214.3m-CA$84,222,080.00266.9x-8.2x3.2x
Mon, 04 Sep 2023CA$574.7mCA$218.2m-CA$82,005,588.00248.6x-7x2.6x
Wed, 02 Aug 2023CA$591.8mCA$190.1m-CA$79,400,902.00n/a-7.5x3.1x
Fri, 30 Jun 2023CA$555.5mCA$190.0m-CA$79,614,178.00n/a-7x2.9x
Sun, 28 May 2023CA$646.2mCA$204.9m-CA$90,084,516.00n/a-7.2x3.2x
Tue, 25 Apr 2023CA$743.9mCA$199.6m-CA$108,266,468.0098.8x-6.9x3.7x
Thu, 23 Mar 2023CA$662.1mCA$195.8m-CA$108,929,673.00123.9x-6.1x3.4x
Sat, 18 Feb 2023CA$688.3mCA$191.6m-CA$101,209,340.00126.6x-6.8x3.6x
Mon, 16 Jan 2023CA$697.5mCA$191.4m-CA$110,711,988.00135.7x-6.3x3.6x
Wed, 14 Dec 2022CA$687.1mCA$193.1m-CA$111,305,617.00113.6x-6.2x3.6x
Fri, 11 Nov 2022CA$731.1mCA$165.3m-CA$131,993,508.00298.3x-5.5x4.4x
Sun, 09 Oct 2022CA$623.8mCA$164.1m-CA$130,955,145.00315.4x-4.8x3.8x
Tue, 06 Sep 2022CA$725.5mCA$163.1m-CA$130,274,142.00341.7x-5.6x4.4x
Thu, 04 Aug 2022CA$732.3mCA$146.5m-CA$125,981,573.00n/a-5.8x5x
Sat, 02 Jul 2022CA$603.3mCA$146.2m-CA$139,238,793.00381.9x-4.3x4.1x
Mon, 30 May 2022CA$718.2mCA$130.5m-CA$137,141,053.00686.1x-5.2x5.5x
Price to Earnings Ratio

-5.2x


Total Market Cap: CA$718.2mTotal Earnings: -CA$137,141,053.00Total Revenue: CA$130.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Healthtech Industry Price to Earnings3Y Average -23.9x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Health Care Technology industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 5.5x is lower than the industry's current PS ratio of 11.0x.
Past Earnings Growth
  • The earnings for companies in the Health Care Technology industry have improved over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.

Industry Comparison

How does Canadian Healthtech compare with similar industries?

CA Market0.88%
Healthcare-1.64%
Healthtech-1.70%
Healthtech-1.70%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VHI VitalhubCA$10.422.1%
+CA$11.7m
49.5%PE204.5x
ADK DIAGNOSCA$0.244.3%
+CA$1.0m
-19.7%PS195.9x
UDOC Unidoc HealthCA$0.291.7%
+CA$381.8k
-50.8%n/a
NARA Pangenomic HealthCA$0.1815.6%
+CA$347.5k
-63.0%PE-0.7x
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Latest News

KOVO

CA$0.04

Kovo+ Holdings

7D

-11.1%

1Y

60.0%

VHI

CA$10.42

Vitalhub

7D

2.1%

1Y

49.5%

ALGO

CA$0.34

Light AI

7D

-6.8%

1Y

n/a

UDOC

CA$0.29

Unidoc Health

7D

1.7%

1Y

-50.8%

AIAI

CA$1.32

NetraMark Holdings

7D

-9.0%

1Y

428.0%

KSI

CA$6.56

kneat.com

7D

-0.6%

1Y

53.3%

NURS

CA$1.51

Hydreight Technologies

7D

-10.1%

1Y

492.2%

DMED

CA$0.03

Diagnamed Holdings

7D

-14.3%

1Y

-25.0%

TRUE

CA$0.41

Treatment.com AI

7D

-10.9%

1Y

-19.6%

ADK

CA$0.24

DIAGNOS

7D

4.3%

1Y

-19.7%

NARA

CA$0.18

Pangenomic Health

7D

15.6%

1Y

-63.0%