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Canadian (TSX) Professional Services Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies7
  • 7D6.5%
  • 3M-26.8%
  • 1Y-49.2%
  • YTD-26.9%

Over the last 7 days, the Professional Services industry has dropped 1.5%, driven by RIWI declining 8.2%. On the other hand Thomson Reuters is actually up 6.5%. However, the industry is down 52% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026CA$53.9bCA$10.4bCA$2.0b9.6x26.5x5.2x
Sat, 14 Mar 2026CA$60.3bCA$10.4bCA$2.0b9.6x29.6x5.8x
Mon, 09 Feb 2026CA$53.5bCA$10.3bCA$2.0b18.5x26.6x5.2x
Wed, 07 Jan 2026CA$79.6bCA$10.3bCA$2.4b22.7x33x7.7x
Fri, 05 Dec 2025CA$83.8bCA$10.4bCA$2.4b22.8x34.4x8x
Sun, 02 Nov 2025CA$96.9bCA$10.4bCA$2.2b43.1x43.3x9.3x
Tue, 30 Sep 2025CA$98.7bCA$10.3bCA$2.2b44x44.4x9.6x
Thu, 28 Aug 2025CA$109.2bCA$10.2bCA$2.2b32.1x49.6x10.7x
Sat, 26 Jul 2025CA$126.3bCA$10.1bCA$2.9b36.9x43x12.5x
Mon, 23 Jun 2025CA$120.0bCA$10.1bCA$2.9b26.1x40.7x11.9x
Wed, 21 May 2025CA$120.6bCA$10.2bCA$3.0b21x40.4x11.8x
Fri, 18 Apr 2025CA$112.6bCA$10.2bCA$3.0b21.6x37.3x11.1x
Sun, 16 Mar 2025CA$111.4bCA$10.5bCA$3.1b33.1x35.5x10.6x
Tue, 11 Feb 2025CA$113.6bCA$10.5bCA$3.1b33.1x36.4x10.8x
Thu, 09 Jan 2025CA$103.7bCA$10.4bCA$3.2b8.5x32.7x9.9x
Sat, 07 Dec 2024CA$106.8bCA$10.3bCA$3.1b7.5x34.2x10.4x
Mon, 04 Nov 2024CA$103.6bCA$10.0bCA$3.2b18.8x32.3x10.4x
Wed, 02 Oct 2024CA$103.8bCA$9.6bCA$3.1b18.8x33.5x10.8x
Fri, 30 Aug 2024CA$103.3bCA$9.6bCA$3.1b18.8x33.3x10.7x
Sun, 28 Jul 2024CA$100.6bCA$9.7bCA$3.2b17.7x31x10.3x
Tue, 25 Jun 2024CA$101.8bCA$9.6bCA$3.2b19x31.8x10.6x
Thu, 23 May 2024CA$106.5bCA$9.6bCA$3.2b19.5x33.2x11.1x
Sat, 20 Apr 2024CA$93.9bCA$9.5bCA$3.6b16.2x26.1x9.9x
Mon, 18 Mar 2024CA$96.3bCA$9.3bCA$3.5b16.8x27.2x10.3x
Wed, 14 Feb 2024CA$93.7bCA$9.4bCA$3.5b19.6x26.4x10x
Fri, 12 Jan 2024CA$91.2bCA$10.8bCA$2.9b27.4x31.3x8.5x
Sun, 10 Dec 2023CA$90.6bCA$10.9bCA$3.0b27.1x30.6x8.3x
Tue, 07 Nov 2023CA$82.4bCA$11.0bCA$3.0b25.8x27.6x7.5x
Thu, 05 Oct 2023CA$78.8bCA$11.0bCA$2.9b25.6x27.6x7.2x
Sat, 02 Sep 2023CA$82.9bCA$10.9bCA$2.8b26.5x29.1x7.6x
Mon, 31 Jul 2023CA$80.7bCA$10.6bCA$1.5b53x54.2x7.6x
Wed, 28 Jun 2023CA$82.9bCA$10.6bCA$1.5b54.7x55.9x7.8x
Fri, 26 May 2023CA$81.9bCA$10.9bCA$1.5b52.4x53.8x7.5x
Sun, 23 Apr 2023CA$88.3bCA$10.7bCA$1.9b45.3x46.8x8.2x
Price to Earnings Ratio

46.8x


Total Market Cap: CA$88.3bTotal Earnings: CA$1.9bTotal Revenue: CA$10.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Professional Services Industry Price to Earnings3Y Average 35.7x202420252026
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 26.3x which is lower than its 3-year average PE of 35.7x.
  • The 3-year average PS ratio of 9.3x is higher than the industry's current PS ratio of 5.1x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 2.7% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

CA Market1.73%
Industrials1.28%
Professional Services6.45%
HR Services21.79%
Research and Consulting Services6.44%
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 35.5x.
    • Analysts are expecting annual earnings growth of 12.4%, which is higher than its past year's earnings decline of 32.5% per year.
  • Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 35.6x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings decline of 32% per year.
  • In contrast, the Research and Consulting Services industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
TRI Thomson ReutersCA$126.916.5%
+CA$3.4b		-49.2%PE27.7x
MTEK Metatek-GroupCA$5.003.1%
+CA$5.7m		n/aPS5.8x
CWL Caldwell Partners InternationalCA$0.9521.8%
+CA$5.0m		20.3%PE9.6x
FTEC Fintech SelectCA$0.0511.1%
+CA$400.2k		100.0%PS1.4x

Latest News

CWL
CA$0.95
Caldwell Partners International
7D
21.8%
1Y
20.3%
MTEK
CA$5.00
Metatek-Group
7D
3.1%
1Y
n/a
TRI
CA$126.91
Thomson Reuters
7D
6.5%
1Y
-49.2%

TRI: Larger Buybacks And Higher Dividend Will Support Future Upside

Analysts have made a modest upward adjustment to their CA$ price target for Thomson Reuters, reflecting slightly higher fair value estimates alongside small tweaks to discount rate and forward P/E assumptions. What's in the News Thomson Reuters announced a partnership with Smokeball to link Smokeball's practice management tools and AI matter assistant with CoCounsel Legal, aiming to create an integrated legal tech workflow for joint U.S. customers, including a real-time data connector for bulk document syncing across platforms (Client Announcements).
RIWI
CA$0.28
RIWI
7D
-8.2%
1Y
-48.1%
FTEC
CA$0.05
Fintech Select
7D
11.1%
1Y
100.0%