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

Canadian (TSX) Steel Industry Analysis

UpdatedFeb 01, 2026
DataAggregated Company Financials
Companies10
  • 7D0.1%
  • 3M16.0%
  • 1Y9.3%
  • YTDn/a

Last week, the Steel industry hasn't moved much but Colonial Coal International is up 13% in that time. The past year has been better, since the industry has gained 7.2% in that time. Earnings are forecast to grow by 7.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Feb 2026CA$2.9bCA$652.9mCA$129.0m8.7x22.4x4.4x
Tue, 30 Dec 2025CA$2.9bCA$652.9mCA$129.0m8.9x22.3x4.4x
Thu, 27 Nov 2025CA$2.6bCA$661.4mCA$129.8m6.4x20x3.9x
Sat, 25 Oct 2025CA$2.6bCA$675.2mCA$117.3m6.2x22.1x3.8x
Mon, 22 Sep 2025CA$2.6bCA$675.2mCA$117.3m7x21.8x3.8x
Wed, 20 Aug 2025CA$2.4bCA$699.6mCA$137.9m7.7x17.6x3.5x
Fri, 18 Jul 2025CA$2.4bCA$718.5mCA$162.0m7x15x3.4x
Sun, 15 Jun 2025CA$2.5bCA$719.4mCA$162.1m6.9x15.2x3.4x
Tue, 13 May 2025CA$2.5bCA$771.2mCA$173.2m6.3x14.2x3.2x
Thu, 10 Apr 2025CA$2.2bCA$810.0mCA$210.5m5.8x10.6x2.8x
Sat, 08 Mar 2025CA$2.6bCA$1.0bCA$184.6m6.4x14.3x2.5x
Mon, 03 Feb 2025CA$2.7bCA$1.0bCA$183.6m7.8x14.7x2.6x
Wed, 01 Jan 2025CA$2.7bCA$1.0bCA$175.4m6.2x15.4x2.6x
Fri, 29 Nov 2024CA$2.7bCA$1.0bCA$172.9m5.5x15.9x2.6x
Sun, 27 Oct 2024CA$6.6bCA$3.9bCA$414.5m7.7x15.9x1.7x
Tue, 24 Sep 2024CA$6.5bCA$3.9bCA$415.0m7.9x15.7x1.7x
Thu, 22 Aug 2024CA$6.5bCA$3.9bCA$436.3m8.8x15x1.7x
Sat, 20 Jul 2024CA$6.6bCA$4.1bCA$481.1m8.9x13.8x1.6x
Mon, 17 Jun 2024CA$5.1bCA$4.1bCA$481.0m9.2x10.6x1.3x
Wed, 15 May 2024CA$5.5bCA$4.1bCA$473.4m10x11.6x1.4x
Fri, 12 Apr 2024CA$5.3bCA$4.0bCA$387.9m10.3x13.6x1.3x
Sun, 10 Mar 2024CA$5.3bCA$4.0bCA$359.5m11x14.6x1.3x
Tue, 06 Feb 2024CA$5.1bCA$4.0bCA$407.1m10.3x12.6x1.3x
Thu, 04 Jan 2024CA$5.6bCA$4.0bCA$406.9m9.3x13.7x1.4x
Sat, 02 Dec 2023CA$5.2bCA$4.0bCA$398.8m8.7x13x1.3x
Mon, 30 Oct 2023CA$4.7bCA$4.1bCA$496.5m7x9.5x1.1x
Wed, 27 Sep 2023CA$4.8bCA$4.1bCA$495.5m6.9x9.7x1.2x
Fri, 25 Aug 2023CA$4.8bCA$4.1bCA$485.2m7.5x9.9x1.2x
Sun, 23 Jul 2023CA$5.1bCA$4.3bCA$955.9m3.8x5.3x1.2x
Tue, 20 Jun 2023CA$5.1bCA$4.3bCA$953.9m4.8x5.3x1.2x
Thu, 18 May 2023CA$5.1bCA$4.3bCA$953.3m4.7x5.4x1.2x
Sat, 15 Apr 2023CA$5.5bCA$4.5bCA$1.2b5.6x4.4x1.2x
Mon, 13 Mar 2023CA$5.8bCA$4.5bCA$1.3b5.2x4.6x1.3x
Wed, 08 Feb 2023CA$5.8bCA$5.1bCA$1.9b6.6x3.1x1.1x
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 13.1x202420252026
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 22.0x which is higher than its 3-year average PE of 13.1x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 4.4x.
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 Market-3.60%
Materials-9.81%
Metals and Mining-10.42%
Steel0.14%
Aluminum0%0
Copper-2.13%
Diversified Metals and Mining-5.26%
Precious Metals and Minerals-11.93%
Gold-12.06%
Silver-19.31%
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
CAD Colonial Coal InternationalCA$3.1912.7%
+CA$66.1m		99.4%PB29.4x
DRX ADF GroupCA$8.846.1%
+CA$14.6m		10.4%PE8.7x

Latest News

FEO
CA$0.77
Oceanic Iron Ore
7D
-2.5%
1Y
220.8%
HTRC
CA$0.20
High Tide Resources
7D
-2.4%
1Y
400.0%
LIF
CA$29.52
Labrador Iron Ore Royalty
7D
-3.6%
1Y
-3.2%
DRX
CA$8.84
ADF Group
7D
6.1%
1Y
10.4%

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$0.19
Morien Resources
7D
-9.5%
1Y
-36.7%
BKI
CA$0.14
Black Iron
7D
-10.0%
1Y
-15.6%

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

Nov 06
Will Black Iron (TSE:BKI) Spend Its Cash Wisely?
CAD
CA$3.19
Colonial Coal International
7D
12.7%
1Y
99.4%
CAF
CA$0.35
Canaf Investments
7D
-2.8%
1Y
-10.3%