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Canadian (TSX) Steel Industry Analysis

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies10
  • 7D-0.9%
  • 3M16.9%
  • 1Y7.7%
  • YTDn/a

In the last week, the Steel industry is flat overall, with Colonial Coal International standing out by going down 8.2%. The past year has been better, since the industry has gained 7.7% in that time. As for the next few years, earnings are expected to grow by 8.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 Jan 2026CA$2.9bCA$652.9mCA$129.0m8.6x22.9x4.5x
Sun, 14 Dec 2025CA$2.7bCA$652.9mCA$129.0m8.1x21.1x4.2x
Tue, 11 Nov 2025CA$2.6bCA$677.1mCA$114.0m6x22.7x3.8x
Thu, 09 Oct 2025CA$2.6bCA$675.2mCA$117.3m6.8x22.3x3.9x
Sat, 06 Sep 2025CA$2.5bCA$699.6mCA$132.4m6.9x19.1x3.6x
Mon, 04 Aug 2025CA$2.4bCA$718.5mCA$162.0m7.9x14.6x3.3x
Wed, 02 Jul 2025CA$2.5bCA$718.5mCA$162.0m7.3x15.2x3.4x
Fri, 30 May 2025CA$2.5bCA$771.2mCA$168.6m6x14.8x3.2x
Sun, 27 Apr 2025CA$2.5bCA$799.0mCA$209.2m6.5x11.8x3.1x
Tue, 25 Mar 2025CA$2.6bCA$1.0bCA$163.7m6.6x15.9x2.5x
Thu, 20 Feb 2025CA$2.7bCA$1.0bCA$185.2m6.6x14.8x2.6x
Sat, 18 Jan 2025CA$2.7bCA$1.0bCA$184.0m7x14.9x2.6x
Mon, 16 Dec 2024CA$2.7bCA$1.0bCA$175.9m5.9x15.6x2.6x
Wed, 13 Nov 2024CA$2.8bCA$1.0bCA$221.8m6.1x12.5x2.6x
Fri, 11 Oct 2024CA$6.7bCA$3.9bCA$415.0m8.1x16.1x1.7x
Sun, 08 Sep 2024CA$6.4bCA$3.9bCA$409.5m9.9x15.5x1.6x
Tue, 06 Aug 2024CA$6.8bCA$4.1bCA$480.1m8.9x14.1x1.7x
Thu, 04 Jul 2024CA$4.9bCA$4.1bCA$481.0m9.7x10.3x1.2x
Sat, 01 Jun 2024CA$5.4bCA$4.0bCA$464.1m9x11.6x1.3x
Mon, 29 Apr 2024CA$5.4bCA$4.0bCA$386.8m10.9x13.8x1.3x
Wed, 27 Mar 2024CA$5.2bCA$4.0bCA$379.8m9.7x13.7x1.3x
Fri, 23 Feb 2024CA$5.0bCA$4.0bCA$359.0m10.4x13.9x1.3x
Sun, 21 Jan 2024CA$5.4bCA$4.0bCA$407.0m9.4x13.3x1.3x
Tue, 19 Dec 2023CA$5.5bCA$4.0bCA$406.9m8.4x13.5x1.4x
Thu, 16 Nov 2023CA$5.2bCA$4.0bCA$403.7m8.6x12.8x1.3x
Sat, 14 Oct 2023CA$4.5bCA$4.1bCA$495.2m6.5x9.1x1.1x
Mon, 11 Sep 2023CA$4.8bCA$4.1bCA$495.3m7.3x9.7x1.2x
Wed, 09 Aug 2023CA$4.9bCA$4.3bCA$907.4m5.9x5.4x1.1x
Fri, 07 Jul 2023CA$5.0bCA$4.3bCA$955.5m3.8x5.2x1.1x
Sun, 04 Jun 2023CA$5.0bCA$4.3bCA$952.3m4.8x5.2x1.2x
Tue, 02 May 2023CA$5.2bCA$4.5bCA$1.2b4.6x4.2x1.1x
Thu, 30 Mar 2023CA$5.5bCA$4.5bCA$1.3b5.2x4.3x1.2x
Sat, 25 Feb 2023CA$5.7bCA$4.6bCA$1.4b6.2x4.2x1.3x
Mon, 23 Jan 2023CA$5.8bCA$5.1bCA$1.9b6x3.1x1.1x
Price to Earnings Ratio

3.1x


Total Market Cap: CA$5.8bTotal Earnings: CA$1.9bTotal Revenue: CA$5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Price to Earnings3Y Average 12.8x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.9x which is higher than its 3-year average PE of 12.8x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 59% per year over the last three years,
  • Revenues have also declined 49% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Steel compare with similar industries?

CA Market2.30%
Materials6.26%
Metals and Mining6.17%
Steel-0.91%
Silver12.18%
Copper8.44%
Precious Metals and Minerals7.89%
Diversified Metals and Mining6.65%
Gold5.45%
Aluminum0%0
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
LIF Labrador Iron Ore RoyaltyCA$31.181.6%
+CA$32.0m		2.8%PE18.1x

Latest News

HTRC
CA$0.19
High Tide Resources
7D
-2.6%
1Y
442.9%
LIF
CA$31.18
Labrador Iron Ore Royalty
7D
1.6%
1Y
2.8%
DRX
CA$8.77
ADF Group
7D
-3.7%
1Y
3.1%

A Piece Of The Puzzle Missing From ADF Group Inc.'s (TSE:DRX) 25% Share Price Climb

Dec 21
A Piece Of The Puzzle Missing From ADF Group Inc.'s (TSE:DRX) 25% Share Price Climb
MOX
CA$0.21
Morien Resources
7D
-6.5%
1Y
-10.4%
TSL
CA$2.64
Tree Island Steel
7D
-1.9%
1Y
-10.8%
FEO
CA$0.67
Oceanic Iron Ore
7D
-10.7%
1Y
197.8%
BKI
CA$0.12
Black Iron
7D
-7.7%
1Y
-31.4%

Will Black Iron (TSE:BKI) Spend Its Cash Wisely?

Nov 06
Will Black Iron (TSE:BKI) Spend Its Cash Wisely?
CAD
CA$2.59
Colonial Coal International
7D
-8.2%
1Y
44.7%