Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Canadian (TSX) Steel Industry Analysis

UpdatedJan 20, 2026
DataAggregated Company Financials
Companies10
  • 7D-1.7%
  • 3M19.4%
  • 1Y6.8%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 1.7%, driven by Colonial Coal International declining 7.5%. This takes the industry's 12 month performance to a gain of 6.8%. Earnings are forecast to grow by 8.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Jan 2026CA$2.9bCA$652.9mCA$129.0m8.6x22.7x4.5x
Fri, 19 Dec 2025CA$2.7bCA$652.9mCA$129.0m7.9x21.2x4.2x
Sun, 16 Nov 2025CA$2.6bCA$661.4mCA$113.8m6x23.1x4x
Tue, 14 Oct 2025CA$2.6bCA$675.2mCA$117.3m6.5x22.1x3.8x
Thu, 11 Sep 2025CA$2.6bCA$699.6mCA$132.4m7.1x19.4x3.7x
Sat, 09 Aug 2025CA$2.4bCA$712.5mCA$138.4m7.4x17.3x3.4x
Mon, 07 Jul 2025CA$2.5bCA$718.5mCA$162.0m7.2x15.2x3.4x
Wed, 04 Jun 2025CA$2.5bCA$771.2mCA$168.5m6x14.8x3.2x
Fri, 02 May 2025CA$2.5bCA$799.0mCA$211.1m5.9x11.9x3.1x
Sun, 30 Mar 2025CA$2.6bCA$1.0bCA$163.9m6.3x15.8x2.5x
Tue, 25 Feb 2025CA$2.7bCA$1.0bCA$185.1m6.3x14.7x2.6x
Thu, 23 Jan 2025CA$2.8bCA$1.0bCA$184.1m7x15.1x2.7x
Sat, 21 Dec 2024CA$2.7bCA$1.0bCA$175.4m5.8x15.2x2.6x
Mon, 18 Nov 2024CA$2.7bCA$1.1bCA$222.0m6x12.2x2.6x
Wed, 16 Oct 2024CA$6.7bCA$3.9bCA$415.0m7.7x16.1x1.7x
Fri, 13 Sep 2024CA$6.5bCA$3.9bCA$409.5m7.9x15.8x1.7x
Sun, 11 Aug 2024CA$6.6bCA$3.9bCA$436.5m8.7x15.2x1.7x
Tue, 09 Jul 2024CA$5.0bCA$4.1bCA$481.0m9.4x10.3x1.2x
Thu, 06 Jun 2024CA$5.2bCA$4.0bCA$471.3m9.5x11x1.3x
Sat, 04 May 2024CA$5.2bCA$4.0bCA$383.3m11.4x13.6x1.3x
Mon, 01 Apr 2024CA$5.3bCA$4.0bCA$379.7m10x13.9x1.3x
Wed, 28 Feb 2024CA$5.1bCA$4.0bCA$359.4m10.8x14.2x1.3x
Fri, 26 Jan 2024CA$5.4bCA$4.0bCA$407.0m9.4x13.4x1.3x
Sun, 24 Dec 2023CA$5.6bCA$4.0bCA$406.8m9x13.8x1.4x
Tue, 21 Nov 2023CA$5.2bCA$4.0bCA$403.8m8.7x12.9x1.3x
Thu, 19 Oct 2023CA$4.5bCA$4.1bCA$495.2m6.4x9.2x1.1x
Sat, 16 Sep 2023CA$4.8bCA$4.1bCA$495.5m7.1x9.7x1.2x
Mon, 14 Aug 2023CA$4.7bCA$4.1bCA$485.2m7.4x9.8x1.2x
Wed, 12 Jul 2023CA$5.1bCA$4.3bCA$955.8m3.8x5.4x1.2x
Fri, 09 Jun 2023CA$5.0bCA$4.3bCA$953.6m4.6x5.2x1.2x
Sun, 07 May 2023CA$5.0bCA$4.5bCA$1.2b4.9x4.1x1.1x
Tue, 04 Apr 2023CA$5.5bCA$4.5bCA$1.3b5.2x4.3x1.2x
Thu, 02 Mar 2023CA$6.2bCA$4.6bCA$1.4b6.4x4.6x1.4x
Sat, 28 Jan 2023CA$5.9bCA$5.1bCA$1.9b6.3x3.2x1.2x
Price to Earnings Ratio

3.2x


Total Market Cap: CA$5.9bTotal Earnings: CA$1.9bTotal Revenue: CA$5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Price to Earnings3Y Average 12.9x202420252026
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 22.7x which is higher than its 3-year average PE of 12.9x.
  • 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 Market0.93%
Materials3.56%
Metals and Mining3.41%
Steel-1.73%
Silver9.15%
Precious Metals and Minerals4.62%
Gold3.88%
Copper2.03%
Diversified Metals and Mining0.81%
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
FEO Oceanic Iron OreCA$0.7510.3%
+CA$10.8m		294.7%PE-1.1x
TSL Tree Island SteelCA$2.681.9%
+CA$1.3m		-11.0%PS0.4x
HTRC High Tide ResourcesCA$0.207.9%
+CA$1.3m		412.5%PE-41.6x
CNT Century Global CommoditiesCA$0.0511.1%
+CA$591.0k		66.7%PS0.4x

Latest News

FEO
CA$0.75
Oceanic Iron Ore
7D
10.3%
1Y
294.7%
HTRC
CA$0.20
High Tide Resources
7D
7.9%
1Y
412.5%
LIF
CA$31.10
Labrador Iron Ore Royalty
7D
-0.9%
1Y
0.9%
DRX
CA$8.44
ADF Group
7D
-3.7%
1Y
-6.5%

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
TSL
CA$2.68
Tree Island Steel
7D
1.9%
1Y
-11.0%
CNT
CA$0.05
Century Global Commodities
7D
11.1%
1Y
66.7%

Improved Revenues Required Before Century Global Commodities Corporation (TSE:CNT) Stock's 38% Jump Looks Justified

Nov 12
Improved Revenues Required Before Century Global Commodities Corporation (TSE:CNT) Stock's 38% Jump Looks Justified
CAD
CA$2.58
Colonial Coal International
7D
-9.8%
1Y
43.3%
CAF
CA$0.35
Canaf Investments
7D
-2.8%
1Y
-2.8%