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Canadian (TSX) Steel Industry Analysis

UpdatedDec 17, 2025
DataAggregated Company Financials
Companies10
  • 7D1.2%
  • 3M10.8%
  • 1Y1.3%
  • YTDn/a

The Steel industry is up 2.5% in the last week, with Colonial Coal International up 5.0%. During this same period, the Oceanic Iron Ore underperformed, falling 8.8%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 8.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Dec 2025CA$2.7bCA$652.9mCA$129.0m7.7x21.2x4.2x
Fri, 14 Nov 2025CA$2.7bCA$677.7mCA$114.1m6x23.4x3.9x
Sun, 12 Oct 2025CA$2.6bCA$675.2mCA$117.3m6.5x22.1x3.8x
Tue, 09 Sep 2025CA$2.6bCA$699.6mCA$132.4m7.4x19.3x3.6x
Thu, 07 Aug 2025CA$2.4bCA$718.5mCA$162.0m7.7x14.8x3.3x
Sat, 05 Jul 2025CA$2.5bCA$718.5mCA$162.0m7.2x15.2x3.4x
Mon, 02 Jun 2025CA$2.5bCA$771.2mCA$168.6m5.9x14.8x3.2x
Wed, 30 Apr 2025CA$2.5bCA$799.0mCA$211.1m6x11.7x3.1x
Fri, 28 Mar 2025CA$2.6bCA$1.0bCA$164.0m6.5x15.9x2.5x
Sun, 23 Feb 2025CA$2.7bCA$1.0bCA$185.1m6.5x14.7x2.6x
Tue, 21 Jan 2025CA$2.8bCA$1.0bCA$184.3m7.2x15x2.7x
Thu, 19 Dec 2024CA$2.8bCA$1.0bCA$175.2m5.8x15.7x2.6x
Sat, 16 Nov 2024CA$2.7bCA$1.1bCA$222.0m6x12.3x2.6x
Mon, 14 Oct 2024CA$6.7bCA$3.9bCA$415.0m8.1x16.2x1.7x
Wed, 11 Sep 2024CA$6.4bCA$3.9bCA$409.5m8.4x15.6x1.6x
Fri, 09 Aug 2024CA$6.6bCA$3.9bCA$438.3m8.6x15.1x1.7x
Sun, 07 Jul 2024CA$5.0bCA$4.1bCA$481.0m9.3x10.3x1.2x
Tue, 04 Jun 2024CA$5.4bCA$4.0bCA$464.1m8.9x11.7x1.3x
Thu, 02 May 2024CA$5.3bCA$4.0bCA$388.7m10.8x13.6x1.3x
Sat, 30 Mar 2024CA$5.3bCA$4.0bCA$379.7m10x13.9x1.3x
Mon, 26 Feb 2024CA$5.2bCA$4.0bCA$359.0m10.6x14.4x1.3x
Wed, 24 Jan 2024CA$5.3bCA$4.0bCA$407.0m9.4x13.1x1.3x
Fri, 22 Dec 2023CA$5.5bCA$4.0bCA$406.8m9.1x13.6x1.4x
Sun, 19 Nov 2023CA$5.1bCA$4.0bCA$403.8m8.7x12.7x1.3x
Tue, 17 Oct 2023CA$4.6bCA$4.1bCA$495.3m6.5x9.2x1.1x
Thu, 14 Sep 2023CA$4.8bCA$4.1bCA$495.4m7.1x9.7x1.2x
Sat, 12 Aug 2023CA$4.7bCA$4.1bCA$485.2m7.4x9.8x1.2x
Mon, 10 Jul 2023CA$5.1bCA$4.3bCA$955.7m3.8x5.3x1.2x
Wed, 07 Jun 2023CA$5.0bCA$4.3bCA$952.3m4.8x5.3x1.2x
Fri, 05 May 2023CA$4.9bCA$4.5bCA$1.2b4.9x3.9x1.1x
Sun, 02 Apr 2023CA$5.6bCA$4.5bCA$1.3b5.2x4.4x1.2x
Tue, 28 Feb 2023CA$5.8bCA$4.6bCA$1.4b6.2x4.2x1.3x
Thu, 26 Jan 2023CA$5.9bCA$5.1bCA$1.9b6x3.2x1.2x
Sat, 24 Dec 2022CA$5.2bCA$5.1bCA$1.9b5.8x2.8x1x
Price to Earnings Ratio

2.8x


Total Market Cap: CA$5.2bTotal Earnings: CA$1.9bTotal Revenue: CA$5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Steel Industry Price to Earnings3Y Average 12.3x202320242025
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 21.1x which is higher than its 3-year average PE of 12.3x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 4.2x.
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 50% 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-0.016%
Materials2.70%
Metals and Mining2.76%
Steel1.18%
Silver6.84%
Copper5.11%
Gold3.00%
Precious Metals and Minerals1.19%
Aluminum0%0
Diversified Metals and Mining-0.53%
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$2.117.1%
+CA$25.5m
14.7%PB19.3x
LIF Labrador Iron Ore RoyaltyCA$30.330.3%
+CA$5.1m
1.4%PE17.6x
TSL Tree Island SteelCA$3.005.6%
+CA$4.1m
2.7%PS0.5x
MOX Morien ResourcesCA$0.237.0%
+CA$769.4k
-4.2%PS520.3x
DRX ADF GroupCA$7.810.1%
+CA$285.5k
-24.0%PE7.7x

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