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

Canadian (TSX) Steel Industry Analysis

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies10
  • 7D2.9%
  • 3M16.9%
  • 1Y14.7%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 5.3%, driven by gains from Labrador Iron Ore Royalty of 5.4%. This takes the industry's 12 month performance to a gain of 12%. As for the next few years, earnings are expected to grow by 8.6% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026CA$3.0bCA$652.9mCA$129.0m9x23x4.5x
Wed, 10 Dec 2025CA$2.7bCA$661.4mCA$135.1m6.5x19.9x4.1x
Fri, 07 Nov 2025CA$2.6bCA$676.5mCA$114.0m6x22.6x3.8x
Sun, 05 Oct 2025CA$2.6bCA$675.2mCA$117.3m6.8x22.1x3.8x
Tue, 02 Sep 2025CA$2.5bCA$699.6mCA$132.4m6.9x18.6x3.5x
Thu, 31 Jul 2025CA$2.5bCA$718.5mCA$162.0m7.7x15.2x3.4x
Sat, 28 Jun 2025CA$2.5bCA$718.6mCA$162.1m6.9x15.3x3.4x
Mon, 26 May 2025CA$2.5bCA$771.2mCA$173.3m6.2x14.3x3.2x
Wed, 23 Apr 2025CA$2.3bCA$799.0mCA$209.2m6.2x11.1x2.9x
Fri, 21 Mar 2025CA$2.6bCA$1.0bCA$163.6m6.6x16.1x2.5x
Sun, 16 Feb 2025CA$2.7bCA$1.0bCA$185.3m6.4x14.8x2.6x
Tue, 14 Jan 2025CA$2.7bCA$1.0bCA$183.9m6.9x14.7x2.6x
Thu, 12 Dec 2024CA$2.8bCA$1.0bCA$170.9m5.8x16.3x2.7x
Sat, 09 Nov 2024CA$2.9bCA$1.1bCA$221.8m6.3x13.1x2.8x
Mon, 07 Oct 2024CA$6.7bCA$3.9bCA$415.1m7.9x16.1x1.7x
Wed, 04 Sep 2024CA$6.6bCA$3.9bCA$409.5m8.5x16.2x1.7x
Fri, 02 Aug 2024CA$6.8bCA$4.1bCA$481.3m9.1x14.2x1.7x
Sun, 30 Jun 2024CA$5.0bCA$4.1bCA$481.0m9.6x10.4x1.2x
Tue, 28 May 2024CA$5.5bCA$4.1bCA$473.3m10.1x11.7x1.4x
Thu, 25 Apr 2024CA$5.2bCA$4.0bCA$387.9m10.8x13.5x1.3x
Sat, 23 Mar 2024CA$5.2bCA$4.0bCA$379.7m9.6x13.7x1.3x
Mon, 19 Feb 2024CA$5.1bCA$4.0bCA$407.0m10.3x12.6x1.3x
Wed, 17 Jan 2024CA$5.5bCA$4.0bCA$407.1m9.4x13.6x1.4x
Fri, 15 Dec 2023CA$5.4bCA$4.0bCA$406.9m8.2x13.3x1.3x
Sun, 12 Nov 2023CA$5.0bCA$4.0bCA$403.9m8.6x12.3x1.2x
Tue, 10 Oct 2023CA$4.8bCA$4.1bCA$495.2m7.1x9.6x1.2x
Thu, 07 Sep 2023CA$4.9bCA$4.1bCA$490.2m7.5x10x1.2x
Sat, 05 Aug 2023CA$5.0bCA$4.3bCA$907.5m5.9x5.6x1.2x
Mon, 03 Jul 2023CA$5.0bCA$4.3bCA$955.8m3.8x5.3x1.2x
Wed, 31 May 2023CA$5.0bCA$4.3bCA$953.8m4.3x5.2x1.2x
Fri, 28 Apr 2023CA$5.2bCA$4.5bCA$1.2b5.2x4.2x1.2x
Sun, 26 Mar 2023CA$5.5bCA$4.5bCA$1.3b5.1x4.3x1.2x
Tue, 21 Feb 2023CA$5.8bCA$5.1bCA$1.9b6.2x3.1x1.1x
Thu, 19 Jan 2023CA$5.7bCA$5.1bCA$1.9b6x3.1x1.1x
Price to Earnings Ratio

3.1x


Total Market Cap: CA$5.7bTotal 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 23.0x which is higher than its 3-year average PE of 12.7x.
  • 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 Market1.46%
Materials5.64%
Metals and Mining6.12%
Steel2.93%
Gold7.15%
Silver7.11%
Diversified Metals and Mining4.48%
Precious Metals and Minerals3.18%
Copper1.62%
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$30.872.8%
+CA$53.1m		5.5%PE17.9x
CAD Colonial Coal InternationalCA$3.088.1%
+CA$42.8m		81.2%PB28.3x
FEO Oceanic Iron OreCA$0.755.6%
+CA$6.1m		194.1%PE-1.1x
CAF Canaf InvestmentsCA$0.3710.4%
+CA$1.7m		8.8%PE7.1x
HTRC High Tide ResourcesCA$0.202.6%
+CA$431.1k		550.0%PE-39.6x

Latest News

LIF
CA$30.87
Labrador Iron Ore Royalty
7D
2.8%
1Y
5.5%
DRX
CA$9.19
ADF Group
7D
-2.0%
1Y
9.4%

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$0.23
Morien Resources
7D
-8.2%
1Y
-6.3%
TSL
CA$2.69
Tree Island Steel
7D
-7.2%
1Y
-11.2%
HTRC
CA$0.20
High Tide Resources
7D
2.6%
1Y
550.0%
FEO
CA$0.75
Oceanic Iron Ore
7D
5.6%
1Y
194.1%
CNT
CA$0.045
Century Global Commodities
7D
-10.0%
1Y
50.0%

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$3.08
Colonial Coal International
7D
8.1%
1Y
81.2%
CAF
CA$0.37
Canaf Investments
7D
10.4%
1Y
8.8%