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Canadian (TSX) Construction Industry Analysis

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies9
  • 7D0.05%
  • 3M14.1%
  • 1Y41.2%
  • YTD19.2%

The Construction is pretty flat in the last 7 days, but Bird Construction has stood out, gaining 6.0%. The past year has been better, since the industry has gained 41% in that time. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 Aug 2025CA$74.5bCA$43.3bCA$3.9b34.3x19.1x1.7x
Thu, 10 Jul 2025CA$74.4bCA$41.9bCA$1.4b44.6x51.4x1.8x
Sat, 07 Jun 2025CA$72.8bCA$41.9bCA$1.4b43.2x50.3x1.7x
Mon, 05 May 2025CA$63.1bCA$40.7bCA$1.4b39.9x45.3x1.6x
Wed, 02 Apr 2025CA$61.1bCA$40.5bCA$1.4b37.8x42.9x1.5x
Fri, 28 Feb 2025CA$65.0bCA$35.9bCA$1.4b38.6x45.1x1.8x
Sun, 26 Jan 2025CA$66.0bCA$38.7bCA$1.4b38.1x47.2x1.7x
Tue, 24 Dec 2024CA$63.3bCA$38.7bCA$1.4b37.3x45.3x1.6x
Thu, 21 Nov 2024CA$62.0bCA$38.7bCA$1.4b38.5x44.4x1.6x
Sat, 19 Oct 2024CA$61.6bCA$37.6bCA$1.4b37.1x43.6x1.6x
Mon, 16 Sep 2024CA$53.6bCA$37.6bCA$1.4b35x37.8x1.4x
Wed, 14 Aug 2024CA$52.1bCA$37.6bCA$1.4b36.7x36.7x1.4x
Fri, 12 Jul 2024CA$54.5bCA$37.0bCA$1.5b33.4x36x1.5x
Sun, 09 Jun 2024CA$52.1bCA$37.0bCA$1.5b30.7x34.4x1.4x
Tue, 07 May 2024CA$54.5bCA$36.3bCA$1.5b34.6x37.2x1.5x
Thu, 04 Apr 2024CA$53.5bCA$36.5bCA$1.5b32.4x36.7x1.5x
Sat, 02 Mar 2024CA$51.2bCA$36.1bCA$1.3b32.6x39x1.4x
Mon, 29 Jan 2024CA$48.0bCA$35.8bCA$1.3b33.7x36.9x1.3x
Wed, 27 Dec 2023CA$45.1bCA$35.8bCA$1.3b30.8x34.6x1.3x
Fri, 24 Nov 2023CA$44.4bCA$35.8bCA$1.3b28.7x34.1x1.2x
Sun, 22 Oct 2023CA$41.6bCA$34.6bCA$1.1b28.8x39.5x1.2x
Tue, 19 Sep 2023CA$44.4bCA$34.6bCA$1.1b30.7x42.2x1.3x
Thu, 17 Aug 2023CA$42.9bCA$34.6bCA$1.1b30.4x40.8x1.2x
Sat, 15 Jul 2023CA$40.4bCA$33.1bCA$858.6m33.8x47.1x1.2x
Mon, 12 Jun 2023CA$38.6bCA$33.1bCA$858.9m30.1x44.9x1.2x
Wed, 10 May 2023CA$40.0bCA$32.1bCA$822.6m32.1x48.6x1.2x
Fri, 07 Apr 2023CA$37.7bCA$31.8bCA$800.3m38.6x47.1x1.2x
Sun, 05 Mar 2023CA$37.9bCA$31.0bCA$791.0m42.5x47.9x1.2x
Tue, 31 Jan 2023CA$35.9bCA$30.6bCA$765.3m44.2x47x1.2x
Thu, 29 Dec 2022CA$32.1bCA$30.6bCA$765.3m40.6x42x1x
Sat, 26 Nov 2022CA$34.4bCA$30.6bCA$765.0m43.2x45x1.1x
Mon, 24 Oct 2022CA$32.2bCA$29.9bCA$747.2m39.6x43.1x1.1x
Wed, 21 Sep 2022CA$26.2bCA$25.8bCA$554.9m43.7x47.1x1x
Fri, 19 Aug 2022CA$26.7bCA$25.8bCA$554.0m44.1x48.2x1x
Price to Earnings Ratio

48.2x


Total Market Cap: CA$26.7bTotal Earnings: CA$554.0mTotal Revenue: CA$25.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Construction Industry Price to Earnings3Y Average 42.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Construction industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 19.1x which is lower than its 3-year average PE of 42.5x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have grown 92% per year over the last three years.
  • Revenues for these companies have grown 19% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

CA Market1.32%
Industrials-2.89%
Construction0.048%
Construction and Engineering0.048%
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
BDT Bird ConstructionCA$29.816.0%
+CA$94.2m		30.3%PE16.6x
ARE Aecon GroupCA$20.606.5%
+CA$79.4m		18.9%PE52.1x
BDGI Badger Infrastructure SolutionsCA$54.653.9%
+CA$68.8m		51.4%PE23.9x
STN StantecCA$150.300.3%
+CA$44.5m		38.5%PE44.6x
SUNN PowerBankCA$2.0513.9%
+CA$8.8m		-67.5%PS2x

Latest News

ATRL
CA$96.44
AtkinsRéalis Group
7D
-0.7%
1Y
78.5%
WSP
CA$280.45
WSP Global
7D
-0.4%
1Y
32.0%
ARE
CA$20.60
Aecon Group
7D
6.5%
1Y
18.9%

We Think That There Are Issues Underlying Aecon Group's (TSE:ARE) Earnings

Aug 08
We Think That There Are Issues Underlying Aecon Group's (TSE:ARE) Earnings
BYT
CA$0.01
BYT Holdings
7D
-66.7%
1Y
-90.0%
BDGI
CA$54.65
Badger Infrastructure Solutions
7D
3.9%
1Y
51.4%
SUNN
CA$2.05
PowerBank
7D
13.9%
1Y
-67.5%
STN
CA$150.30
Stantec
7D
0.3%
1Y
38.5%

Does Stantec (TSE:STN) Have A Healthy Balance Sheet?

Aug 02
Does Stantec (TSE:STN) Have A Healthy Balance Sheet?
BDT
CA$29.81
Bird Construction
7D
6.0%
1Y
30.3%

Should You Be Adding Bird Construction (TSE:BDT) To Your Watchlist Today?

Jul 24
Should You Be Adding Bird Construction (TSE:BDT) To Your Watchlist Today?