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Canadian (TSX) Professional Services Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies7
  • 7D-2.6%
  • 3M1.3%
  • 1Y22.9%
  • YTD21.4%

Over the last 7 days, the Professional Services industry has dropped 2.6%, driven by Thomson Reuters declining 2.6%. On the other hand Britannia Life Sciences is actually up 60%. In the past year, the industry has gained 23%. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

Has the Canadian Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024CA$105.4bCA$10.4bCA$3.2b7.9x33.2x10.1x
Tue, 19 Nov 2024CA$102.5bCA$10.2bCA$3.1b19x33x10x
Thu, 17 Oct 2024CA$104.0bCA$9.8bCA$3.2b18.7x32.9x10.6x
Sat, 14 Sep 2024CA$106.2bCA$9.7bCA$3.1b19.1x34x11x
Mon, 12 Aug 2024CA$99.8bCA$9.8bCA$3.2b18x31.6x10.2x
Wed, 10 Jul 2024CA$103.1bCA$9.6bCA$3.2b18.9x32.2x10.7x
Fri, 07 Jun 2024CA$106.0bCA$9.6bCA$3.2b19.2x33x11x
Sun, 05 May 2024CA$101.6bCA$9.6bCA$3.2b19.2x31.7x10.6x
Tue, 02 Apr 2024CA$95.2bCA$9.4bCA$3.5b16.6x26.8x10.2x
Thu, 29 Feb 2024CA$96.6bCA$9.4bCA$3.5b18.5x27.3x10.3x
Sat, 27 Jan 2024CA$94.4bCA$10.8bCA$2.9b27.9x32.2x8.7x
Mon, 25 Dec 2023CA$89.4bCA$10.7bCA$2.9b27.3x31x8.4x
Wed, 22 Nov 2023CA$88.8bCA$11.0bCA$3.0b26.8x29.7x8.1x
Fri, 20 Oct 2023CA$79.6bCA$11.0bCA$2.9b25.8x27.7x7.2x
Sun, 17 Sep 2023CA$83.1bCA$10.9bCA$2.8b26.6x29.4x7.7x
Tue, 15 Aug 2023CA$84.6bCA$10.8bCA$2.8b26.9x30.1x7.8x
Thu, 13 Jul 2023CA$78.4bCA$10.6bCA$1.5b51.6x52.9x7.4x
Sat, 10 Jun 2023CA$80.4bCA$10.7bCA$1.5b52.3x53.5x7.5x
Mon, 08 May 2023CA$78.6bCA$10.7bCA$1.5b51x52.7x7.3x
Wed, 05 Apr 2023CA$86.8bCA$10.7bCA$1.9b34.7x46.2x8.1x
Fri, 03 Mar 2023CA$81.3bCA$10.8bCA$2.0b32.1x40.9x7.5x
Sun, 29 Jan 2023CA$78.7bCA$10.5bCA$1.4b39.8x57.2x7.5x
Tue, 27 Dec 2022CA$77.2bCA$10.7bCA$1.4b38.6x54.7x7.2x
Thu, 24 Nov 2022CA$77.1bCA$10.6bCA$1.4b39x55.6x7.3x
Sat, 22 Oct 2022CA$70.7bCA$10.8bCA$728.6m55.9x97.1x6.6x
Mon, 19 Sep 2022CA$81.1bCA$14.5bCA$897.7m36x90.3x5.6x
Wed, 17 Aug 2022CA$82.8bCA$14.2bCA$876.3m37.2x94.5x5.8x
Fri, 15 Jul 2022CA$75.3bCA$13.9bCA$2.4b24.9x32x5.4x
Sun, 12 Jun 2022CA$68.9bCA$13.9bCA$2.3b22.8x30x5x
Tue, 10 May 2022CA$67.6bCA$13.8bCA$2.3b23.5x28.9x4.9x
Thu, 07 Apr 2022CA$75.3bCA$13.5bCA$7.3b18x10.4x5.6x
Sat, 05 Mar 2022CA$75.4bCA$13.6bCA$7.4b21.3x10.2x5.5x
Mon, 31 Jan 2022CA$75.7bCA$13.4bCA$8.4b19.7x9x5.6x
Wed, 29 Dec 2021CA$83.8bCA$13.4bCA$8.4b20.8x9.9x6.2x
Price to Earnings Ratio

9.9x


Total Market Cap: CA$83.8bTotal Earnings: CA$8.4bTotal Revenue: CA$13.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Professional Services Industry Price to Earnings3Y Average 38.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Canadian Professional Services 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 33.2x which is lower than its 3-year average PE of 38.5x.
  • The 3-year average PS ratio of 7.9x is lower than the industry's current PS ratio of 10.1x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have declined 28% per year over the last three years,
  • Revenues have also declined 8.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

CA Market-2.58%
Industrials-1.91%
Professional Services-2.60%
HR Services1.82%
Research and Consulting Services-2.61%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 38.2x.
    • Analysts are expecting annual earnings decline of 0.5%, which is lower than the prior year's growth of 2.9% per year.
  • Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 19.7x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Research and Consulting Services industry since they expect its earnings to decline by only 0.5% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 2.9% per year.
  • In contrast, the Research and Consulting Services industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BLAB Britannia Life SciencesCA$0.0860.0%
+CA$4.9m		14.3%PS1.8x
MYID ReklaimCA$0.1122.2%
+CA$2.4m		10.0%PE52x
BLGV Belgravia Hartford CapitalCA$0.05522.2%
+CA$673.4k		266.7%PS185.2x
CWL Caldwell Partners InternationalCA$1.121.8%
+CA$591.2k		57.7%PE7.9x
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Latest News

CWL

CA$1.12

Caldwell Partners International

7D

1.8%

1Y

57.7%

TRI

CA$233.16

Thomson Reuters

7D

-2.6%

1Y

22.9%

Thomson Reuters Corporation (TSE:TRI) Investors Are Less Pessimistic Than Expected

Dec 08
Thomson Reuters Corporation (TSE:TRI) Investors Are Less Pessimistic Than Expected

BLGV

CA$0.055

Belgravia Hartford Capital

7D

22.2%

1Y

266.7%

BLAB

CA$0.08

Britannia Life Sciences

7D

60.0%

1Y

14.3%

FTEC

CA$0.025

Fintech Select

7D

-16.7%

1Y

-37.5%

RIWI

CA$0.58

RIWI

7D

-6.5%

1Y

-17.1%

MYID

CA$0.11

Reklaim

7D

22.2%

1Y

10.0%