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Canadian (TSX) Pharma Industry Analysis

UpdatedJun 25, 2024
DataAggregated Company Financials
Companies85
  • 7D3.6%
  • 3M-14.6%
  • 1Y39.3%
  • YTD14.8%

In the last week, the Pharma industry is up 3.6%, with Trulieve Cannabis up 13%. Meanwhile, Aurora Cannabis actually underperformed within the industry, shrinking 17% in the last week. In the last 12 months, the industry was up 39%. Earnings are forecast to grow by 74% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Jun 2024CA$19.6bCA$11.7b-CA$3,226,031,152.2116.4x-6.1x1.7x
Fri, 24 May 2024CA$23.5bCA$11.9b-CA$3,499,730,163.8212.9x-6.7x2x
Sun, 21 Apr 2024CA$23.2bCA$12.0b-CA$3,476,028,729.958.2x-6.7x1.9x
Tue, 19 Mar 2024CA$22.9bCA$11.9b-CA$3,489,869,613.219.4x-6.6x1.9x
Thu, 15 Feb 2024CA$21.2bCA$12.0b-CA$4,662,209,627.0610.2x-4.6x1.8x
Sat, 13 Jan 2024CA$20.3bCA$12.3b-CA$6,744,221,699.009.3x-3x1.6x
Mon, 11 Dec 2023CA$19.3bCA$12.4b-CA$6,781,691,745.008.5x-2.8x1.6x
Wed, 08 Nov 2023CA$16.2bCA$12.5b-CA$7,337,581,333.0011.4x-2.2x1.3x
Fri, 06 Oct 2023CA$18.4bCA$12.4b-CA$7,346,271,655.0012.6x-2.5x1.5x
Sun, 03 Sep 2023CA$17.9bCA$13.0b-CA$7,884,246,169.0013.3x-2.3x1.4x
Tue, 01 Aug 2023CA$15.4bCA$13.1b-CA$9,701,160,778.0012.2x-1.6x1.2x
Thu, 29 Jun 2023CA$14.7bCA$13.2b-CA$9,525,422,234.0014.8x-1.5x1.1x
Sat, 27 May 2023CA$14.9bCA$13.4b-CA$10,478,710,186.0010.2x-1.4x1.1x
Mon, 24 Apr 2023CA$14.9bCA$13.4b-CA$9,969,614,911.0011x-1.5x1.1x
Wed, 22 Mar 2023CA$17.9bCA$13.8b-CA$10,104,824,686.009.1x-1.8x1.3x
Fri, 17 Feb 2023CA$20.3bCA$13.6b-CA$10,303,593,471.0010.5x-2x1.5x
Sun, 15 Jan 2023CA$20.5bCA$13.5b-CA$10,094,569,032.0014.5x-2x1.5x
Tue, 13 Dec 2022CA$25.5bCA$13.7b-CA$10,215,831,958.0016.2x-2.5x1.9x
Thu, 10 Nov 2022CA$28.4bCA$13.3b-CA$9,562,952,751.0011.5x-3x2.1x
Sat, 08 Oct 2022CA$30.3bCA$13.4b-CA$9,400,489,803.0012.4x-3.2x2.3x
Mon, 05 Sep 2022CA$32.0bCA$13.1b-CA$8,788,519,797.0015x-3.6x2.5x
Wed, 03 Aug 2022CA$28.6bCA$12.3b-CA$5,861,590,421.0012.8x-4.9x2.3x
Fri, 01 Jul 2022CA$25.0bCA$12.2b-CA$5,783,136,507.0011.5x-4.3x2.1x
Sun, 29 May 2022CA$31.2bCA$12.2b-CA$5,488,045,868.009x-5.7x2.6x
Tue, 26 Apr 2022CA$37.8bCA$11.7b-CA$4,735,507,291.0010.8x-8x3.2x
Thu, 24 Mar 2022CA$43.1bCA$11.4b-CA$4,409,029,200.0012.8x-9.8x3.8x
Sat, 19 Feb 2022CA$50.4bCA$10.9b-CA$3,880,423,852.0013.8x-13x4.6x
Mon, 17 Jan 2022CA$52.6bCA$10.8b-CA$4,911,574,106.0013x-10.7x4.9x
Wed, 15 Dec 2021CA$52.9bCA$10.9b-CA$4,822,017,077.0013.9x-11x4.8x
Fri, 12 Nov 2021CA$63.1bCA$10.0b-CA$4,631,571,869.0016x-13.6x6.3x
Sun, 10 Oct 2021CA$65.3bCA$10.2b-CA$4,879,731,906.0020.5x-13.4x6.4x
Tue, 07 Sep 2021CA$68.7bCA$10.2b-CA$6,624,257,163.2722.9x-10.4x6.7x
Thu, 05 Aug 2021CA$75.9bCA$10.2b-CA$6,616,236,433.2723.8x-11.5x7.4x
Price to Earnings Ratio

-12.5x


Total Market Cap: CA$83.0bTotal Earnings: -CA$6,613,771,569.27Total Revenue: CA$10.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Pharma Industry Price to Earnings3Y Average -5.6x202220232024
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 2.8x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Pharmaceuticals industry have improved over the last three years.
  • Revenues for these companies have grown 4.7% 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 Market1.20%
Healthcare2.22%
Pharma3.62%
Pharma3.62%
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
TRUL Trulieve CannabisCA$13.4713.3%
+CA$296.1m		158.5%PS1.6x
VRNO Verano HoldingsCA$4.968.1%
+CA$128.2m		29.8%PS1.3x
GTII Green Thumb IndustriesCA$16.463.1%
+CA$118.6m		65.6%PE49.1x
AYR.A Ayr WellnessCA$2.938.9%
+CA$35.4m		159.3%PS0.5x
IAN iAnthus Capital HoldingsCA$0.02525.0%
+CA$33.1m		25.0%PS0.7x
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Latest News

CRON

CA$3.11

Cronos Group

7D

-2.2%

1Y

26.9%

ACB

CA$6.46

Aurora Cannabis

7D

-17.1%

1Y

-6.4%

CL

CA$2.14

Cresco Labs

7D

-2.3%

1Y

2.4%

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Jun 19
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VRNO

CA$4.96

Verano Holdings

7D

8.1%

1Y

29.8%

WEED

CA$8.90

Canopy Growth

7D

-8.6%

1Y

43.5%

TRUL

CA$13.47

Trulieve Cannabis

7D

13.3%

1Y

158.5%

HITI

CA$3.02

High Tide

7D

-12.5%

1Y

88.8%

CURA

CA$5.44

Curaleaf Holdings

7D

0.4%

1Y

35.0%

Some Confidence Is Lacking In Curaleaf Holdings, Inc. (TSE:CURA) As Shares Slide 27%

Jun 14
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NRX

CA$0.70

NurExone Biologic

7D

-16.7%

1Y

180.0%

We're Keeping An Eye On NurExone Biologic's (CVE:NRX) Cash Burn Rate

Jun 12
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NGEN

CA$2.50

NervGen Pharma

7D

9.6%

1Y

46.2%

We're Interested To See How NervGen Pharma (CVE:NGEN) Uses Its Cash Hoard To Grow

Jun 11
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GTII

CA$16.46

Green Thumb Industries

7D

3.1%

1Y

65.6%

GRIN

CA$0.88

Grown Rogue International

7D

-4.3%

1Y

309.3%

GDNS

CA$0.70

Goodness Growth Holdings

7D

22.8%

1Y

250.0%

Market Might Still Lack Some Conviction On Goodness Growth Holdings, Inc. (CSE:GDNS) Even After 30% Share Price Boost

Jun 01
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AYR.A

CA$2.93

Ayr Wellness

7D

8.9%

1Y

159.3%

Ayr Wellness Inc.'s (CSE:AYR.A) Shares Not Telling The Full Story

May 24
Ayr Wellness Inc.'s (CSE:AYR.A) Shares Not Telling The Full Story

IAN

CA$0.025

iAnthus Capital Holdings

7D

25.0%

1Y

25.0%

OGI

CA$2.02

Organigram Holdings

7D

-5.2%

1Y

1.0%