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Canadian (TSX) Steel Industry Analysis

UpdatedOct 31, 2025
DataAggregated Company Financials
Companies11
  • 7D0.02%
  • 3M8.9%
  • 1Y-7.9%
  • YTDn/a

The Steel industry has been flat over the last week, but Colonial Coal International has lost 6.6%. As for the longer term, the industry has declined 9.5% in the last year. Earnings are forecast to grow by 3.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Nov 2025CA$2.6bCA$675.2mCA$117.3m6.2x21.9x3.8x
Mon, 29 Sep 2025CA$2.6bCA$675.2mCA$117.3m6.9x21.9x3.8x
Wed, 27 Aug 2025CA$2.5bCA$699.6mCA$132.6m7.3x18.6x3.5x
Fri, 25 Jul 2025CA$2.6bCA$718.5mCA$162.0m7.3x15.9x3.6x
Sun, 22 Jun 2025CA$2.5bCA$719.4mCA$162.0m6.7x15.3x3.5x
Tue, 20 May 2025CA$2.5bCA$771.2mCA$173.2m6.4x14.3x3.2x
Thu, 17 Apr 2025CA$2.3bCA$799.0mCA$209.2m6.2x11.2x2.9x
Sat, 15 Mar 2025CA$2.6bCA$1.1bCA$163.5m6.6x15.8x2.5x
Mon, 10 Feb 2025CA$2.7bCA$1.0bCA$184.4m7x14.9x2.6x
Wed, 08 Jan 2025CA$2.7bCA$1.0bCA$184.2m6.6x14.8x2.6x
Fri, 06 Dec 2024CA$2.8bCA$1.0bCA$171.3m5.8x16.3x2.7x
Sun, 03 Nov 2024CA$2.9bCA$1.1bCA$241.4m9.3x11.9x2.7x
Tue, 01 Oct 2024CA$6.6bCA$3.9bCA$415.1m7.9x16x1.7x
Thu, 29 Aug 2024CA$6.6bCA$3.9bCA$433.1m8x15.3x1.7x
Sat, 27 Jul 2024CA$6.7bCA$4.1bCA$481.2m8.9x13.9x1.6x
Mon, 24 Jun 2024CA$5.0bCA$4.1bCA$481.0m9.4x10.3x1.2x
Wed, 22 May 2024CA$5.5bCA$4.1bCA$473.3m10.3x11.6x1.3x
Fri, 19 Apr 2024CA$5.3bCA$4.0bCA$388.0m10.9x13.7x1.3x
Sun, 17 Mar 2024CA$5.1bCA$4.0bCA$379.5m9.8x13.4x1.3x
Tue, 13 Feb 2024CA$5.0bCA$4.0bCA$406.9m9.9x12.4x1.2x
Thu, 11 Jan 2024CA$5.5bCA$4.0bCA$406.9m9.4x13.5x1.4x
Sat, 09 Dec 2023CA$5.1bCA$4.0bCA$407.2m7.7x12.5x1.3x
Mon, 06 Nov 2023CA$4.8bCA$4.1bCA$499.9m6.4x9.5x1.2x
Wed, 04 Oct 2023CA$4.8bCA$4.1bCA$495.2m7x9.6x1.2x
Fri, 01 Sep 2023CA$4.9bCA$4.1bCA$489.9m7.4x10x1.2x
Sun, 30 Jul 2023CA$5.3bCA$4.3bCA$944.4m5.5x5.6x1.2x
Tue, 27 Jun 2023CA$5.0bCA$4.3bCA$955.9m4.9x5.2x1.2x
Thu, 25 May 2023CA$4.9bCA$4.3bCA$953.5m4.5x5.1x1.1x
Sat, 22 Apr 2023CA$5.3bCA$4.5bCA$1.2b5.3x4.3x1.2x
Mon, 20 Mar 2023CA$5.6bCA$4.5bCA$1.3b5.1x4.4x1.2x
Wed, 15 Feb 2023CA$5.8bCA$5.1bCA$1.9b6.6x3.1x1.1x
Fri, 13 Jan 2023CA$5.8bCA$5.1bCA$1.9b6x3.1x1.1x
Sun, 11 Dec 2022CA$5.3bCA$5.1bCA$1.9b5.9x2.9x1x
Tue, 08 Nov 2022CA$4.6bCA$5.6bCA$2.3b3.6x2x0.8x
Price to Earnings Ratio

2x


Total Market Cap: CA$4.6bTotal Earnings: CA$2.3bTotal Revenue: CA$5.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Price to Earnings3Y Average 11.5x202320242025
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 21.7x which is higher than its 3-year average PE of 11.5x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 63% per year over the last three years,
  • Revenues have also declined 51% 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 Market-0.46%
Materials-0.34%
Metals and Mining0.13%
Steel0.016%
Copper3.79%
Silver3.52%
Precious Metals and Minerals0.64%
Aluminum0%0
Gold-0.34%
Diversified Metals and Mining-0.60%
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$28.943.1%
+CA$55.7m		-5.5%PE16.3x
TSL Tree Island SteelCA$2.732.2%
+CA$1.5m		-1.1%PS0.4x
CNT Century Global CommoditiesCA$0.04528.6%
+CA$1.2m		50.0%PS0.4x
HTRC High Tide ResourcesCA$0.202.5%
+CA$431.1k		1,266.7%PE-45.3x

Latest News

LIF
CA$28.94
Labrador Iron Ore Royalty
7D
3.1%
1Y
-5.5%
TSL
CA$2.73
Tree Island Steel
7D
2.2%
1Y
-1.1%
FEO
CA$0.73
Oceanic Iron Ore
7D
-18.0%
1Y
217.4%
HTRC
CA$0.20
High Tide Resources
7D
2.5%
1Y
1,266.7%
CAD
CA$1.48
Colonial Coal International
7D
-1.3%
1Y
-34.8%
DRX
CA$7.19
ADF Group
7D
-1.6%
1Y
-28.9%
CAF
CA$0.32
Canaf Investments
7D
-1.6%
1Y
3.3%
CNT
CA$0.045
Century Global Commodities
7D
28.6%
1Y
50.0%