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Canadian (TSX) Pharma Industry Analysis
UpdatedDec 05, 2025
DataAggregated Company Financials
Companies59
- 7D8.5%
- 3M-11.1%
- 1Y-3.5%
- YTD-4.8%
The Pharma industry is up 8.5% in the last week, with Curaleaf Holdings up 17%. During this same period, the Cardiol Therapeutics underperformed, falling 9.5%. However, the industry is down 3.5% over the past year. Earnings are forecast to grow by 62% annually.
Industry Valuation and Performance
Has the Canadian Pharma Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 05 Dec 2025 | CA$14.0b | CA$11.3b | -CA$1,930,198,215.26 | 14.4x | -7.3x | 1.2x |
| Sun, 02 Nov 2025 | CA$16.1b | CA$11.3b | -CA$2,041,888,534.46 | 32x | -7.9x | 1.4x |
| Tue, 30 Sep 2025 | CA$15.3b | CA$11.3b | -CA$2,041,980,830.47 | 37.2x | -7.5x | 1.4x |
| Thu, 28 Aug 2025 | CA$18.1b | CA$11.8b | -CA$2,537,718,185.57 | 36.9x | -7.1x | 1.5x |
| Sat, 26 Jul 2025 | CA$11.2b | CA$11.7b | -CA$2,535,611,294.98 | 17.1x | -4.4x | 1x |
| Mon, 23 Jun 2025 | CA$9.5b | CA$11.7b | -CA$2,520,827,977.88 | 16.8x | -3.8x | 0.8x |
| Wed, 21 May 2025 | CA$9.3b | CA$10.3b | -CA$2,200,260,662.27 | 17.5x | -4.2x | 0.9x |
| Fri, 18 Apr 2025 | CA$9.3b | CA$12.0b | -CA$2,564,514,421.10 | 19.1x | -3.6x | 0.8x |
| Sun, 16 Mar 2025 | CA$10.6b | CA$12.3b | -CA$2,646,438,749.19 | 19.6x | -4x | 0.9x |
| Tue, 11 Feb 2025 | CA$12.7b | CA$12.1b | -CA$2,209,459,917.20 | 20.3x | -5.8x | 1.1x |
| Thu, 09 Jan 2025 | CA$13.3b | CA$12.1b | -CA$2,412,584,570.19 | 27.6x | -5.5x | 1.1x |
| Sat, 07 Dec 2024 | CA$13.5b | CA$12.0b | -CA$2,579,409,972.85 | 21.9x | -5.2x | 1.1x |
| Mon, 04 Nov 2024 | CA$19.0b | CA$11.9b | -CA$2,723,817,813.55 | 18.5x | -7x | 1.6x |
| Wed, 02 Oct 2024 | CA$18.6b | CA$11.6b | -CA$2,671,017,157.97 | 27.6x | -7x | 1.6x |
| Fri, 30 Aug 2024 | CA$16.7b | CA$11.5b | -CA$2,729,307,080.88 | 23.2x | -6.1x | 1.4x |
| Sun, 28 Jul 2024 | CA$20.1b | CA$11.7b | -CA$3,216,430,660.73 | 24.2x | -6.2x | 1.7x |
| Tue, 25 Jun 2024 | CA$19.6b | CA$11.7b | -CA$3,226,031,152.21 | 16.4x | -6.1x | 1.7x |
| Thu, 23 May 2024 | CA$24.0b | CA$11.9b | -CA$3,493,594,380.75 | 13.5x | -6.9x | 2x |
| Sat, 20 Apr 2024 | CA$23.9b | CA$12.0b | -CA$3,478,213,949.23 | 8.6x | -6.9x | 2x |
| Mon, 18 Mar 2024 | CA$21.4b | CA$11.9b | -CA$3,484,695,374.67 | 8.9x | -6.2x | 1.8x |
| Wed, 14 Feb 2024 | CA$21.3b | CA$12.0b | -CA$6,826,885,495.82 | 10.9x | -3.1x | 1.8x |
| Fri, 12 Jan 2024 | CA$18.6b | CA$12.3b | -CA$6,742,652,915.00 | 8.9x | -2.8x | 1.5x |
| Sun, 10 Dec 2023 | CA$19.3b | CA$12.4b | -CA$6,781,691,745.00 | 8.5x | -2.8x | 1.6x |
| Tue, 07 Nov 2023 | CA$16.1b | CA$12.4b | -CA$7,320,312,547.00 | 11.7x | -2.2x | 1.3x |
| Thu, 05 Oct 2023 | CA$20.2b | CA$12.4b | -CA$7,344,083,598.00 | 15x | -2.7x | 1.6x |
| Sat, 02 Sep 2023 | CA$17.9b | CA$13.0b | -CA$7,885,548,672.00 | 13.3x | -2.3x | 1.4x |
| Mon, 31 Jul 2023 | CA$14.9b | CA$13.2b | -CA$9,713,874,116.00 | 12.4x | -1.5x | 1.1x |
| Wed, 28 Jun 2023 | CA$14.6b | CA$13.1b | -CA$9,506,545,659.00 | 14.2x | -1.5x | 1.1x |
| Fri, 26 May 2023 | CA$15.5b | CA$13.4b | -CA$10,470,988,486.00 | 10.4x | -1.5x | 1.2x |
| Sun, 23 Apr 2023 | CA$14.9b | CA$13.4b | -CA$9,969,614,911.00 | 11x | -1.5x | 1.1x |
| Tue, 21 Mar 2023 | CA$17.5b | CA$13.8b | -CA$10,096,365,594.00 | 9.1x | -1.7x | 1.3x |
| Thu, 16 Feb 2023 | CA$19.9b | CA$13.6b | -CA$10,290,311,432.00 | 10.3x | -1.9x | 1.5x |
| Sat, 14 Jan 2023 | CA$20.5b | CA$13.5b | -CA$10,092,675,079.00 | 14.5x | -2x | 1.5x |
| Mon, 12 Dec 2022 | CA$26.5b | CA$13.7b | -CA$10,215,580,032.00 | 16.8x | -2.6x | 1.9x |
Price to Earnings Ratio
-2.6x
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 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Pharmaceuticals industry have improved over the last three years.
- Meanwhile revenues for these companies have declined 6.1% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.
Industry Trends
Which industries have driven the changes within the Canadian Healthcare industry?
| CA Market | 0.42% | |
| Healthcare | 3.72% | |
| Pharma | 8.53% | |
| Pharma | 8.53% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CURA Curaleaf Holdings | CA$3.72 | 17.4% +CA$424.8m | 51.8% | PS1.6x | |
| GTII Green Thumb Industries | CA$9.57 | 18.3% +CA$344.0m | -20.5% | PE36.5x | |
| TRUL Trulieve Cannabis | CA$8.79 | 16.0% +CA$203.5m | 12.0% | PS0.9x | |
| VREO Vireo Growth | CA$0.70 | 7.7% +CA$53.2m | 47.4% | PS2.8x | |
| TSND TerrAscend | CA$0.82 | 26.2% +CA$51.9m | -25.5% | PS0.6x |
