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Canadian (TSX) Pharma Industry Analysis

UpdatedMay 11, 2025
DataAggregated Company Financials
Companies66
  • 7D-6.6%
  • 3M-22.7%
  • 1Y-60.6%
  • YTD-28.7%

Over the last 7 days, the Pharma industry has dropped 6.6%, driven by a pullback from Green Thumb Industries of 14%. Meanwhile, Cronos Group actually outperformed within the industry, gaining 8.2% in the last week. However, the industry is down 61% over the past year. Looking forward, earnings are forecast to grow by 44% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 May 2025CA$10.1bCA$11.9b-CA$2,537,196,488.8420.8x-4x0.8x
Tue, 08 Apr 2025CA$9.0bCA$12.3b-CA$2,622,877,134.2117.7x-3.4x0.7x
Thu, 06 Mar 2025CA$10.9bCA$12.3b-CA$2,446,936,955.6023.2x-4.5x0.9x
Sat, 01 Feb 2025CA$12.3bCA$12.3b-CA$2,397,590,901.5625.9x-5.1x1x
Mon, 30 Dec 2024CA$12.6bCA$12.2b-CA$2,416,806,466.2624.6x-5.2x1x
Wed, 27 Nov 2024CA$14.0bCA$11.9b-CA$2,569,312,725.4319.7x-5.4x1.2x
Fri, 25 Oct 2024CA$20.6bCA$11.8b-CA$2,713,852,777.6718.1x-7.6x1.7x
Sun, 22 Sep 2024CA$17.8bCA$11.6b-CA$2,695,385,273.3421.3x-6.6x1.5x
Tue, 20 Aug 2024CA$19.9bCA$11.6b-CA$2,737,945,382.8022.6x-7.3x1.7x
Thu, 18 Jul 2024CA$20.5bCA$11.7b-CA$3,188,350,024.5119.1x-6.4x1.8x
Sat, 15 Jun 2024CA$20.0bCA$11.8b-CA$2,771,268,929.2013.2x-7.2x1.7x
Mon, 13 May 2024CA$24.2bCA$11.9b-CA$3,376,887,956.9413.9x-7.2x2x
Wed, 10 Apr 2024CA$25.9bCA$11.9b-CA$3,478,588,322.448.7x-7.5x2.2x
Fri, 08 Mar 2024CA$19.4bCA$11.9b-CA$3,892,580,599.468.3x-5x1.6x
Sun, 04 Feb 2024CA$24.8bCA$12.4b-CA$6,728,600,976.009.1x-3.7x2x
Tue, 02 Jan 2024CA$18.0bCA$12.2b-CA$6,710,823,621.009.4x-2.7x1.5x
Thu, 30 Nov 2023CA$18.1bCA$12.4b-CA$6,823,173,486.008.9x-2.6x1.5x
Sat, 28 Oct 2023CA$14.9bCA$12.5b-CA$7,382,124,790.0011x-2x1.2x
Mon, 25 Sep 2023CA$20.3bCA$12.9b-CA$7,885,376,039.0014.3x-2.6x1.6x
Wed, 23 Aug 2023CA$13.9bCA$13.0b-CA$8,060,693,032.0014.3x-1.7x1.1x
Fri, 21 Jul 2023CA$15.2bCA$13.1b-CA$9,702,534,713.0012.3x-1.6x1.2x
Sun, 18 Jun 2023CA$14.7bCA$13.2b-CA$9,391,198,141.0012.5x-1.6x1.1x
Tue, 16 May 2023CA$14.8bCA$13.3b-CA$10,241,578,784.0010.2x-1.4x1.1x
Thu, 13 Apr 2023CA$33.9bCA$13.3b-CA$9,962,868,066.0010.1x-3.4x2.6x
Sat, 11 Mar 2023CA$18.9bCA$13.9b-CA$10,628,254,814.008.7x-1.8x1.4x
Mon, 06 Feb 2023CA$20.6bCA$13.6b-CA$10,149,590,849.0011x-2x1.5x
Wed, 04 Jan 2023CA$19.8bCA$13.7b-CA$10,155,377,810.0013.4x-2x1.4x
Fri, 02 Dec 2022CA$31.7bCA$13.5b-CA$10,179,552,684.0014.3x-3.1x2.3x
Sun, 30 Oct 2022CA$27.3bCA$13.4b-CA$9,379,847,292.008.9x-2.9x2x
Tue, 27 Sep 2022CA$25.0bCA$13.4b-CA$9,400,985,334.0011.1x-2.7x1.9x
Thu, 25 Aug 2022CA$31.2bCA$13.0b-CA$8,949,921,578.0012.7x-3.5x2.4x
Sat, 23 Jul 2022CA$29.5bCA$12.2b-CA$5,871,331,170.0011.5x-5x2.4x
Mon, 20 Jun 2022CA$27.6bCA$12.3b-CA$5,816,615,635.008.2x-4.7x2.2x
Wed, 18 May 2022CA$32.9bCA$12.0b-CA$5,669,979,809.009.9x-5.8x2.7x
Price to Earnings Ratio

-5.8x


Total Market Cap: CA$32.9bTotal Earnings: -CA$5,669,979,809.00Total Revenue: CA$12.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Pharma Industry Price to Earnings3Y Average -4x202320242025
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 1.6x is higher than the industry's current PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Pharmaceuticals 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 Trends

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

CA Market1.84%
Healthcare-2.25%
Pharma-6.58%
Pharma-6.58%
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
CRON Cronos GroupCA$2.768.2%
+CA$80.3m		-27.4%PE15.3x
BNXT BioNxt SolutionsCA$0.5117.2%
+CA$8.7m		20.0%PS1405.4x
SBBC Simply Better BrandsCA$0.988.9%
+CA$8.6m		142.0%PS1.7x
HLS HLS TherapeuticsCA$4.655.7%
+CA$7.9m		18.3%PS1.9x
OGI Organigram GlobalCA$1.643.1%
+CA$6.7m		-31.7%PS1.3x
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