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Canadian (TSX) Steel Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies10
  • 7D5.3%
  • 3M21.8%
  • 1Y12.4%
  • YTDn/a

In the last week, the Steel industry is up 5.3%, with Labrador Iron Ore Royalty up 5.4%. This means that the industry has gained 12% over the past year. 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
Sun, 11 Jan 2026CA$3.0bCA$652.9mCA$129.0m9x23x4.5x
Tue, 09 Dec 2025CA$2.7bCA$661.4mCA$135.1m6.4x19.9x4.1x
Thu, 06 Nov 2025CA$2.6bCA$675.2mCA$117.2m6x21.8x3.8x
Sat, 04 Oct 2025CA$2.6bCA$675.2mCA$117.3m6.8x22x3.8x
Mon, 01 Sep 2025CA$2.5bCA$699.6mCA$132.4m6.9x18.6x3.5x
Wed, 30 Jul 2025CA$2.5bCA$718.5mCA$162.0m7.5x15.2x3.4x
Fri, 27 Jun 2025CA$2.4bCA$718.6mCA$162.1m7x15.1x3.4x
Sun, 25 May 2025CA$2.5bCA$771.2mCA$173.3m6.2x14.3x3.2x
Tue, 22 Apr 2025CA$2.3bCA$799.0mCA$209.2m6.2x11.1x2.9x
Thu, 20 Mar 2025CA$2.6bCA$1.0bCA$163.7m6.6x16x2.5x
Sat, 15 Feb 2025CA$2.7bCA$1.0bCA$185.2m6.4x14.7x2.6x
Mon, 13 Jan 2025CA$2.7bCA$1.0bCA$183.9m6.8x14.7x2.6x
Wed, 11 Dec 2024CA$2.8bCA$1.0bCA$170.8m5.8x16.3x2.7x
Fri, 08 Nov 2024CA$2.8bCA$1.1bCA$221.9m6.3x12.8x2.7x
Sun, 06 Oct 2024CA$6.7bCA$3.9bCA$415.1m7.9x16.1x1.7x
Tue, 03 Sep 2024CA$6.6bCA$3.9bCA$409.6m8.8x16.2x1.7x
Thu, 01 Aug 2024CA$6.8bCA$4.1bCA$481.2m9.3x14.2x1.7x
Sat, 29 Jun 2024CA$5.1bCA$4.1bCA$481.0m9.6x10.6x1.3x
Mon, 27 May 2024CA$5.5bCA$4.1bCA$473.4m10x11.7x1.4x
Wed, 24 Apr 2024CA$5.2bCA$4.0bCA$387.8m10.7x13.5x1.3x
Fri, 22 Mar 2024CA$5.2bCA$4.0bCA$379.5m9.8x13.7x1.3x
Sun, 18 Feb 2024CA$5.1bCA$4.0bCA$407.0m10.3x12.6x1.3x
Tue, 16 Jan 2024CA$5.5bCA$4.0bCA$407.0m9.5x13.6x1.4x
Thu, 14 Dec 2023CA$5.2bCA$4.0bCA$407.0m8.3x12.9x1.3x
Sat, 11 Nov 2023CA$5.0bCA$4.0bCA$410.0m6.7x12.1x1.2x
Mon, 09 Oct 2023CA$4.8bCA$4.1bCA$495.2m7.1x9.6x1.2x
Wed, 06 Sep 2023CA$5.0bCA$4.1bCA$490.2m7.6x10.1x1.2x
Fri, 04 Aug 2023CA$5.0bCA$4.3bCA$907.5m6x5.5x1.2x
Sun, 02 Jul 2023CA$5.0bCA$4.3bCA$955.8m3.8x5.3x1.2x
Tue, 30 May 2023CA$5.0bCA$4.3bCA$953.8m4.5x5.2x1.2x
Thu, 27 Apr 2023CA$5.2bCA$4.5bCA$1.2b5.2x4.2x1.2x
Sat, 25 Mar 2023CA$5.5bCA$4.5bCA$1.3b5.1x4.3x1.2x
Mon, 20 Feb 2023CA$5.8bCA$5.1bCA$1.9b6.2x3.1x1.1x
Wed, 18 Jan 2023CA$5.8bCA$5.1bCA$1.9b6x3.1x1.1x
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 12.7x202420252026
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 Market1.94%
Materials7.45%
Metals and Mining8.14%
Steel5.28%
Silver11.29%
Gold8.59%
Copper6.62%
Diversified Metals and Mining6.59%
Precious Metals and Minerals5.20%
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$30.875.4%
+CA$101.8m		4.7%PE17.9x
CAD Colonial Coal InternationalCA$3.0811.2%
+CA$57.4m		75.0%PB28.3x
FEO Oceanic Iron OreCA$0.757.1%
+CA$7.7m		194.1%PE-1.1x
HTRC High Tide ResourcesCA$0.2011.4%
+CA$1.7m		550.0%PE-39.6x
CAF Canaf InvestmentsCA$0.3710.4%
+CA$1.7m		8.8%PE7.1x

Latest News

LIF
CA$30.87
Labrador Iron Ore Royalty
7D
5.4%
1Y
4.7%
DRX
CA$9.19
ADF Group
7D
-2.5%
1Y
3.8%

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
-5.9%
1Y
-11.5%
HTRC
CA$0.20
High Tide Resources
7D
11.4%
1Y
550.0%
FEO
CA$0.75
Oceanic Iron Ore
7D
7.1%
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
11.2%
1Y
75.0%
CAF
CA$0.37
Canaf Investments
7D
10.4%
1Y
8.8%