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Canadian (TSX) Pharma Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies68
  • 7D-0.5%
  • 3M-30.2%
  • 1Y-26.9%
  • YTD-29.3%

Last week, the Pharma industry hasn't moved much but Vireo Growth is up 103% in that time. As for the longer term, the industry has declined 27% in the last year. Looking forward, earnings are forecast to grow by 65% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024CA$12.4bCA$12.1b-CA$2,414,708,151.3721.1x-5.1x1x
Mon, 18 Nov 2024CA$14.9bCA$12.0b-CA$2,653,132,502.2016.2x-5.6x1.2x
Wed, 16 Oct 2024CA$18.5bCA$11.8b-CA$2,702,329,879.6317.5x-6.9x1.6x
Fri, 13 Sep 2024CA$18.0bCA$11.6b-CA$2,701,665,351.1120.5x-6.7x1.6x
Sun, 11 Aug 2024CA$18.8bCA$11.7b-CA$2,779,683,365.4823.6x-6.8x1.6x
Tue, 09 Jul 2024CA$19.0bCA$11.7b-CA$3,192,391,373.6919x-6x1.6x
Thu, 06 Jun 2024CA$21.1bCA$11.8b-CA$2,746,593,921.2713.1x-7.7x1.8x
Sat, 04 May 2024CA$25.0bCA$11.8b-CA$3,423,268,008.8711.6x-7.3x2.1x
Mon, 01 Apr 2024CA$25.0bCA$11.9b-CA$3,483,939,559.549.3x-7.2x2.1x
Wed, 28 Feb 2024CA$22.5bCA$12.0b-CA$4,641,679,672.269.4x-4.8x1.9x
Fri, 26 Jan 2024CA$22.0bCA$12.4b-CA$6,757,492,735.009.6x-3.3x1.8x
Sun, 24 Dec 2023CA$17.0bCA$12.2b-CA$6,714,594,490.008.6x-2.5x1.4x
Tue, 21 Nov 2023CA$18.0bCA$12.5b-CA$6,837,915,349.007.1x-2.6x1.4x
Thu, 19 Oct 2023CA$17.6bCA$12.4b-CA$7,347,425,067.0012.7x-2.4x1.4x
Sat, 16 Sep 2023CA$21.7bCA$12.9b-CA$7,891,240,783.0015.1x-2.7x1.7x
Mon, 14 Aug 2023CA$14.2bCA$13.1b-CA$8,047,889,373.0011.9x-1.8x1.1x
Wed, 12 Jul 2023CA$16.5bCA$13.2b-CA$9,510,605,286.0012.7x-1.7x1.3x
Fri, 09 Jun 2023CA$14.8bCA$13.3b-CA$10,393,105,221.0010x-1.4x1.1x
Sun, 07 May 2023CA$16.5bCA$13.2b-CA$10,202,319,107.0011.1x-1.6x1.3x
Tue, 04 Apr 2023CA$15.9bCA$13.3b-CA$10,013,748,891.009.1x-1.6x1.2x
Thu, 02 Mar 2023CA$19.2bCA$13.7b-CA$10,328,538,403.009.8x-1.9x1.4x
Sat, 28 Jan 2023CA$19.4bCA$13.5b-CA$10,086,719,769.0014.3x-1.9x1.4x
Mon, 26 Dec 2022CA$20.1bCA$13.6b-CA$10,141,873,707.0013.4x-2x1.5x
Wed, 23 Nov 2022CA$29.1bCA$13.4b-CA$10,210,433,727.0010.4x-2.9x2.2x
Fri, 21 Oct 2022CA$28.5bCA$13.5b-CA$9,417,804,777.0011.4x-3x2.1x
Sun, 18 Sep 2022CA$28.4bCA$13.1b-CA$8,843,772,737.0013.7x-3.2x2.2x
Tue, 16 Aug 2022CA$29.9bCA$12.6b-CA$8,224,418,726.0015.5x-3.6x2.4x
Thu, 14 Jul 2022CA$25.9bCA$12.2b-CA$5,770,914,823.0011x-4.5x2.1x
Sat, 11 Jun 2022CA$30.6bCA$12.3b-CA$5,521,135,477.009.7x-5.5x2.5x
Mon, 09 May 2022CA$34.7bCA$12.0b-CA$4,925,777,728.0011.6x-7x2.9x
Wed, 06 Apr 2022CA$43.7bCA$11.6b-CA$4,637,599,726.0013.3x-9.4x3.8x
Fri, 04 Mar 2022CA$42.0bCA$10.6b-CA$4,397,055,257.0013.4x-9.5x4x
Sun, 30 Jan 2022CA$44.4bCA$10.9b-CA$4,933,422,632.0011.6x-9x4.1x
Tue, 28 Dec 2021CA$54.9bCA$10.9b-CA$4,962,532,468.0013.6x-11.1x5x
Price to Earnings Ratio

-11.1x


Total Market Cap: CA$54.9bTotal Earnings: -CA$4,962,532,468.00Total Revenue: CA$10.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Pharma Industry Price to Earnings3Y Average -4.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Pharmaceuticals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Pharmaceuticals industry have improved over the last three years.
  • Revenues for these companies have grown 3.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the Canadian Healthcare industry?

CA Market-2.58%
Healthcare-0.88%
Pharma-0.51%
Pharma-0.51%
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
VREO Vireo GrowthCA$0.79102.6%
+CA$92.1m
139.4%PS1.3x
VRNO Verano HoldingsCA$1.896.8%
+CA$43.0m
-63.5%PS0.5x
TRUL Trulieve CannabisCA$6.951.8%
+CA$25.1m
3.7%PS0.8x
CRON Cronos GroupCA$2.792.2%
+CA$22.9m
4.9%PS6.7x
NGEN NervGen PharmaCA$3.009.9%
+CA$19.0m
44.9%PB23x
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Latest News

NGEN

CA$3.00

NervGen Pharma

7D

9.9%

1Y

44.9%

INNO

CA$0.18

InnoCan Pharma

7D

-11.9%

1Y

-37.3%

VREO

CA$0.79

Vireo Growth

7D

102.6%

1Y

139.4%

CRON

CA$2.79

Cronos Group

7D

2.2%

1Y

4.9%

OGI

CA$2.22

Organigram Holdings

7D

5.7%

1Y

31.4%

TRUL

CA$6.95

Trulieve Cannabis

7D

1.8%

1Y

3.7%

HITI

CA$4.33

High Tide

7D

-4.2%

1Y

102.3%

WEED

CA$4.04

Canopy Growth

7D

-8.6%

1Y

-40.7%

TSND

CA$0.93

TerrAscend

7D

6.9%

1Y

-54.6%

GTII

CA$11.52

Green Thumb Industries

7D

-0.7%

1Y

-17.9%

GRIN

CA$0.99

Grown Rogue International

7D

6.5%

1Y

175.0%

VRNO

CA$1.89

Verano Holdings

7D

6.8%

1Y

-63.5%

XLY

CA$0.03

Auxly Cannabis Group

7D

-14.3%

1Y

100.0%