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Canadian (TSX) Chemicals Industry Analysis

UpdatedNov 19, 2025
DataAggregated Company Financials
Companies24
  • 7D-5.5%
  • 3M2.8%
  • 1Y25.9%
  • YTD21.5%

Over the last 7 days, the Chemicals industry has dropped 5.5%, driven by Nutrien declining 4.9%. This takes the industry's 12 month performance to a gain of 26%. Looking forward, earnings are forecast to grow by 5.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Nov 2025CA$50.2bCA$46.0bCA$3.1b14.5x16.2x1.1x
Sat, 18 Oct 2025CA$49.9bCA$45.1bCA$2.5b11.7x20.1x1.1x
Mon, 15 Sep 2025CA$48.9bCA$44.6bCA$2.5b12x19.9x1.1x
Wed, 13 Aug 2025CA$47.3bCA$44.3bCA$2.3b10x20.4x1.1x
Fri, 11 Jul 2025CA$50.1bCA$43.7bCA$1.1b10.6x46.2x1.1x
Sun, 08 Jun 2025CA$47.5bCA$43.8bCA$1.1b9.7x43.3x1.1x
Tue, 06 May 2025CA$45.4bCA$44.5bCA$1.3b9.2x34.5x1x
Thu, 03 Apr 2025CA$41.8bCA$46.0bCA$1.3b11.4x32.7x0.9x
Sat, 01 Mar 2025CA$45.3bCA$46.4bCA$1.1b22.8x40x1x
Mon, 27 Jan 2025CA$46.6bCA$46.7bCA$1.2b24x39.6x1x
Wed, 25 Dec 2024CA$40.0bCA$46.9bCA$1.2b22.1x33.9x0.9x
Fri, 22 Nov 2024CA$39.9bCA$45.6bCA$1.1b22.4x35.7x0.9x
Sun, 20 Oct 2024CA$40.4bCA$45.4bCA$1.1b29.8x36x0.9x
Tue, 17 Sep 2024CA$38.7bCA$44.7bCA$1.1b29.2x35.4x0.9x
Thu, 15 Aug 2024CA$39.4bCA$45.1bCA$1.2b28.8x33.7x0.9x
Sat, 13 Jul 2024CA$42.0bCA$46.9bCA$1.2b23.8x34.7x0.9x
Mon, 10 Jun 2024CA$46.4bCA$47.3bCA$1.2b23.4x38x1x
Wed, 08 May 2024CA$45.9bCA$48.2bCA$1.8b21.7x25.3x1x
Fri, 05 Apr 2024CA$45.6bCA$47.6bCA$2.0b21.3x22.9x1x
Sun, 03 Mar 2024CA$42.6bCA$47.7bCA$2.2b17.1x19.7x0.9x
Tue, 30 Jan 2024CA$41.4bCA$49.9bCA$3.4b14.5x12.3x0.8x
Thu, 28 Dec 2023CA$45.3bCA$49.2bCA$3.3b14.7x13.7x0.9x
Sat, 25 Nov 2023CA$44.9bCA$50.7bCA$3.4b12.3x13.2x0.9x
Mon, 23 Oct 2023CA$47.5bCA$54.9bCA$5.5b7.9x8.7x0.9x
Wed, 20 Sep 2023CA$49.5bCA$53.9bCA$5.4b8.4x9.2x0.9x
Fri, 18 Aug 2023CA$48.6bCA$54.2bCA$5.4b10.3x9x0.9x
Sun, 16 Jul 2023CA$47.5bCA$57.2bCA$9.6b8.6x5x0.8x
Tue, 13 Jun 2023CA$47.2bCA$57.8bCA$9.7b9.3x4.9x0.8x
Thu, 11 May 2023CA$50.0bCA$59.9bCA$10.7b9.3x4.7x0.8x
Sat, 08 Apr 2023CA$53.9bCA$60.8bCA$10.9b8.1x4.9x0.9x
Mon, 06 Mar 2023CA$65.9bCA$61.3bCA$11.0b9.5x6x1.1x
Wed, 01 Feb 2023CA$66.5bCA$59.9bCA$11.0b6.5x6.1x1.1x
Fri, 30 Dec 2022CA$59.2bCA$61.0bCA$11.2b6.7x5.3x1x
Sun, 27 Nov 2022CA$65.3bCA$60.3bCA$11.0b7.4x5.9x1.1x
Price to Earnings Ratio

5.9x


Total Market Cap: CA$65.3bTotal Earnings: CA$11.0bTotal Revenue: CA$60.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Chemicals Industry Price to Earnings3Y Average 22.4x202320242025
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 16.2x which is lower than its 3-year average PE of 22.4x.
  • 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 Market-1.24%
Materials-1.90%
Chemicals-5.52%
Industrial Gases-2.70%
Fertilizers and Agricultural Chemicals-4.76%
Commodity Chemicals-6.22%
Specialty Chemicals-11.18%
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 42.6%, 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 43% 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
GRA NanoXploreCA$2.352.6%
+CA$35.7m		3.5%PS3.6x
MLP Millennial PotashCA$2.9912.0%
+CA$35.0m		987.3%PB17.2x
AIM AimiaCA$2.811.8%
+CA$4.5m		11.1%PS0.5x
ERTH Replenish Nutrients HoldingCA$0.173.1%
+CA$802.2k		266.7%PS4x
BOS AirBoss of AmericaCA$4.220.5%
+CA$543.0k		-0.2%PS0.2x

Latest News

CHE.UN
CA$14.00
Chemtrade Logistics Income Fund
7D
-3.2%
1Y
21.7%
MX
CA$49.50
Methanex
7D
-8.5%
1Y
-20.3%
NEO
CA$16.53
Neo Performance Materials
7D
-4.9%
1Y
116.1%

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$2.35
NanoXplore
7D
2.6%
1Y
3.5%
KRN
CA$0.13
Karnalyte Resources
7D
8.3%
1Y
-7.1%
VNP
CA$19.30
5N Plus
7D
-7.3%
1Y
194.7%

VNP: Improved Margins Will Drive Share Performance Following Price Target Hike

The analyst price target for 5N Plus has been raised from C$19 to C$24. This change reflects improved profit margin forecasts and increased confidence among analysts in the company’s earnings outlook.
NPK
CA$1.04
Verde AgriTech
7D
1.0%
1Y
70.5%
MLP
CA$2.99
Millennial Potash
7D
12.0%
1Y
987.3%
AIM
CA$2.81
Aimia
7D
1.8%
1Y
11.1%
IFOS
CA$3.28
Itafos
7D
-7.1%
1Y
88.5%
BOS
CA$4.22
AirBoss of America
7D
0.5%
1Y
-0.2%
ECO
CA$4.22
EcoSynthetix
7D
-12.1%
1Y
6.6%
NTR
CA$80.14
Nutrien
7D
-4.9%
1Y
24.9%

NTR: Portfolio Streamlining and Supply Tightness Will Shape Upside Amid Sector Scrutiny

Nutrien’s average analyst price target has edged slightly lower in recent weeks, as analysts weigh a modestly improving profit margin and fair value estimate against easing revenue growth and persistent caution over the agricultural cycle. Analyst Commentary Recent analyst activity around Nutrien highlights both opportunities and challenges for the company as it navigates ongoing market volatility and shifting sector dynamics.
HG
CA$3.02
HydroGraph Clean Power
7D
-22.2%
1Y
1,848.4%
EPO.H
CA$0.065
Encanto Potash
7D
8.3%
1Y
44.4%
ERTH
CA$0.17
Replenish Nutrients Holding
7D
3.1%
1Y
266.7%

Replenish Nutrients Holding (CSE:ERTH) Is Carrying A Fair Bit Of Debt

Aug 31
Replenish Nutrients Holding (CSE:ERTH) Is Carrying A Fair Bit Of Debt