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Canadian (TSX) Chemicals Industry Analysis

UpdatedNov 24, 2025
DataAggregated Company Financials
Companies24
  • 7D2.8%
  • 3M4.1%
  • 1Y24.4%
  • YTD23.1%

In the last week, the Chemicals industry is up 3.7%, with Nutrien up 3.9%. In the same time, Itafos was down 5.2%. This means that the industry has gained 24% over the past year. Earnings are forecast to grow by 6.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 29 Nov 2025CA$49.4bCA$46.4bCA$3.1b14.1x15.9x1.1x
Mon, 27 Oct 2025CA$51.1bCA$45.0bCA$2.5b11.7x20.6x1.1x
Wed, 24 Sep 2025CA$49.5bCA$44.5bCA$2.5b12x20.1x1.1x
Fri, 22 Aug 2025CA$48.4bCA$44.8bCA$2.5b11.4x19.7x1.1x
Sun, 20 Jul 2025CA$49.1bCA$43.9bCA$1.1b10.6x45x1.1x
Tue, 17 Jun 2025CA$49.6bCA$43.5bCA$1.1b10.1x45.7x1.1x
Thu, 15 May 2025CA$47.0bCA$44.7bCA$1.2b9.8x40.4x1.1x
Sat, 12 Apr 2025CA$39.1bCA$44.7bCA$1.2b9.8x31.5x0.9x
Mon, 10 Mar 2025CA$43.8bCA$46.1bCA$1.1b21.2x39x1x
Wed, 05 Feb 2025CA$45.8bCA$46.7bCA$1.2b23.6x38.5x1x
Fri, 03 Jan 2025CA$40.4bCA$46.9bCA$1.2b22.6x34.3x0.9x
Sun, 01 Dec 2024CA$40.8bCA$45.7bCA$1.1b22.8x35.7x0.9x
Tue, 29 Oct 2024CA$40.9bCA$45.6bCA$1.1b30.2x36.1x0.9x
Thu, 26 Sep 2024CA$39.3bCA$44.4bCA$1.1b29.6x36.2x0.9x
Sat, 24 Aug 2024CA$39.7bCA$44.4bCA$1.1b30.2x37.1x0.9x
Mon, 22 Jul 2024CA$42.8bCA$47.2bCA$1.2b22x35.1x0.9x
Wed, 19 Jun 2024CA$42.8bCA$47.2bCA$1.2b22.7x35.2x0.9x
Fri, 17 May 2024CA$47.3bCA$46.9bCA$1.2b25.1x38x1x
Sun, 14 Apr 2024CA$45.0bCA$48.4bCA$2.0b20.5x22.2x0.9x
Tue, 12 Mar 2024CA$42.8bCA$47.5bCA$2.1b18x20.5x0.9x
Thu, 08 Feb 2024CA$41.2bCA$50.0bCA$3.4b16.4x12.2x0.8x
Sat, 06 Jan 2024CA$44.4bCA$49.7bCA$3.3b16.5x13.3x0.9x
Mon, 04 Dec 2023CA$44.4bCA$50.2bCA$3.4b12.6x13.2x0.9x
Wed, 01 Nov 2023CA$44.0bCA$55.3bCA$5.5b7.2x8x0.8x
Fri, 29 Sep 2023CA$49.7bCA$54.1bCA$5.4b8.4x9.2x0.9x
Sun, 27 Aug 2023CA$48.6bCA$54.5bCA$5.4b10.2x8.9x0.9x
Tue, 25 Jul 2023CA$51.1bCA$57.0bCA$9.5b9.1x5.4x0.9x
Thu, 22 Jun 2023CA$47.0bCA$57.0bCA$9.5b7.8x4.9x0.8x
Sat, 20 May 2023CA$49.4bCA$58.4bCA$9.8b8.4x5.1x0.8x
Mon, 17 Apr 2023CA$56.9bCA$60.1bCA$10.8b8.3x5.3x0.9x
Wed, 15 Mar 2023CA$59.6bCA$61.4bCA$11.1b9.2x5.4x1x
Fri, 10 Feb 2023CA$64.4bCA$60.3bCA$10.9b9.9x5.9x1.1x
Sun, 08 Jan 2023CA$62.2bCA$60.6bCA$11.1b5.6x5.6x1x
Tue, 06 Dec 2022CA$63.5bCA$61.0bCA$11.2b7.1x5.7x1x
Price to Earnings Ratio

5.7x


Total Market Cap: CA$63.5bTotal Earnings: CA$11.2bTotal Revenue: CA$61.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 22.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Chemicals 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 15.9x which is lower than its 3-year average PE of 22.5x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 35% per year over the last three years,
  • Revenues have also declined 8.6% 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 Materials industry?

CA Market3.90%
Materials12.11%
Chemicals2.78%
Specialty Chemicals3.52%
Fertilizers and Agricultural Chemicals2.76%
Commodity Chemicals2.42%
Industrial Gases0%0
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 42.3%, which is lower than the prior year's growth of 175.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 42% over the next 5 years.
  • However this is lower than its past earnings growth rate of 176% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals 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
NTR NutrienCA$81.302.8%
+CA$1.1b		24.3%PE15.5x
VNP 5N PlusCA$19.898.1%
+CA$132.7m		206.5%PE28.8x
CHE.UN Chemtrade Logistics Income FundCA$14.356.0%
+CA$93.7m		21.4%PE14.9x
MX MethanexCA$50.251.6%
+CA$62.6m		-23.4%PE13x
MLP Millennial PotashCA$3.4511.7%
+CA$39.3m		978.1%PB19.8x

Latest News

ALTU
CA$0.13
Altura Energy
7D
-27.8%
1Y
-13.3%
VNP
CA$19.89
5N Plus
7D
8.1%
1Y
206.5%

Unpleasant Surprises Could Be In Store For 5N Plus Inc.'s (TSE:VNP) Shares

Nov 28
Unpleasant Surprises Could Be In Store For 5N Plus Inc.'s (TSE:VNP) Shares
CHE.UN
CA$14.35
Chemtrade Logistics Income Fund
7D
6.0%
1Y
21.4%

CHE.UN: Upgrades And Earnings Beat Expected To Drive Further Upside

Chemtrade Logistics Income Fund's average analyst price target has increased from C$16.54 to C$18.54. This change reflects heightened optimism driven by recent analyst upgrades, which have cited strong earnings performance, an improved profit outlook, and a robust growth pipeline.
IFOS
CA$2.93
Itafos
7D
-3.9%
1Y
70.3%
MX
CA$50.25
Methanex
7D
1.6%
1Y
-23.4%
HPQ
CA$0.18
HPQ Silicon
7D
-2.7%
1Y
-25.0%
NTR
CA$81.30
Nutrien
7D
2.8%
1Y
24.3%

NTR: Portfolio Streamlining And Asset Sales Will Drive Sector Outperformance Ahead

Nutrien's analyst price target has been modestly reduced by $0.21 to $88.43. Analysts cite ongoing sector headwinds, including weaker crop prices, portfolio adjustments, and a more balanced risk-reward outlook, despite solid recent performance.
NEO
CA$17.00
Neo Performance Materials
7D
5.3%
1Y
113.6%

Neo Performance Materials (TSE:NEO) Has Affirmed Its Dividend Of $0.10

Nov 18
Neo Performance Materials (TSE:NEO) Has Affirmed Its Dividend Of $0.10
GRA
CA$2.24
NanoXplore
7D
-3.0%
1Y
-0.4%
MLP
CA$3.45
Millennial Potash
7D
11.7%
1Y
978.1%
AIM
CA$2.77
Aimia
7D
-0.7%
1Y
6.9%
NANO
CA$1.56
Nano One Materials
7D
4.0%
1Y
90.2%
BOS
CA$4.10
AirBoss of America
7D
-2.6%
1Y
6.5%
ECO
CA$4.36
EcoSynthetix
7D
3.3%
1Y
10.1%
HG
CA$2.85
HydroGraph Clean Power
7D
-3.4%
1Y
1,528.6%
ATHR
CA$0.05
Aether Catalyst Solutions
7D
-16.7%
1Y
-16.7%