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Canadian (TSX) Steel Industry Analysis
UpdatedFeb 02, 2026
DataAggregated Company Financials
Companies10
- 7D0.1%
- 3M15.9%
- 1Y9.3%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably Colonial Coal International gained 13%. The past year has been better, since the industry has gained 9.3% in that time. Looking forward, earnings are forecast to grow by 9.1% annually.
Industry Valuation and Performance
Has the Canadian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 02 Feb 2026 | CA$2.9b | CA$652.9m | CA$129.0m | 8.7x | 22.4x | 4.4x |
| Wed, 31 Dec 2025 | CA$2.9b | CA$652.9m | CA$129.0m | 9x | 22.2x | 4.4x |
| Fri, 28 Nov 2025 | CA$2.6b | CA$661.4m | CA$134.8m | 6.4x | 19.5x | 4x |
| Sun, 26 Oct 2025 | CA$2.6b | CA$675.2m | CA$117.3m | 6.2x | 21.9x | 3.8x |
| Tue, 23 Sep 2025 | CA$2.6b | CA$675.2m | CA$117.3m | 6.8x | 21.8x | 3.8x |
| Thu, 21 Aug 2025 | CA$2.4b | CA$699.6m | CA$137.9m | 7.6x | 17.4x | 3.4x |
| Sat, 19 Jul 2025 | CA$2.5b | CA$718.5m | CA$162.0m | 7.1x | 15.1x | 3.4x |
| Mon, 16 Jun 2025 | CA$2.5b | CA$719.4m | CA$162.1m | 6.9x | 15.2x | 3.4x |
| Wed, 14 May 2025 | CA$2.5b | CA$771.2m | CA$173.2m | 6.1x | 14.5x | 3.3x |
| Fri, 11 Apr 2025 | CA$2.4b | CA$810.0m | CA$210.6m | 5.7x | 11.3x | 2.9x |
| Sun, 09 Mar 2025 | CA$2.7b | CA$1.0b | CA$184.4m | 6.4x | 14.4x | 2.6x |
| Tue, 04 Feb 2025 | CA$2.7b | CA$1.0b | CA$183.4m | 7.4x | 14.7x | 2.6x |
| Thu, 02 Jan 2025 | CA$2.7b | CA$1.0b | CA$175.4m | 6.2x | 15.3x | 2.6x |
| Sat, 30 Nov 2024 | CA$2.7b | CA$1.0b | CA$173.0m | 5.7x | 15.9x | 2.6x |
| Mon, 28 Oct 2024 | CA$6.6b | CA$3.9b | CA$414.5m | 7.7x | 15.9x | 1.7x |
| Wed, 25 Sep 2024 | CA$6.5b | CA$3.9b | CA$415.0m | 8.1x | 15.7x | 1.7x |
| Fri, 23 Aug 2024 | CA$6.6b | CA$3.9b | CA$436.4m | 8.6x | 15.1x | 1.7x |
| Sun, 21 Jul 2024 | CA$6.6b | CA$4.1b | CA$481.1m | 8.9x | 13.8x | 1.6x |
| Tue, 18 Jun 2024 | CA$5.1b | CA$4.1b | CA$481.0m | 9.2x | 10.6x | 1.3x |
| Thu, 16 May 2024 | CA$5.5b | CA$4.1b | CA$473.3m | 10.1x | 11.7x | 1.4x |
| Sat, 13 Apr 2024 | CA$5.3b | CA$4.0b | CA$388.1m | 10.6x | 13.7x | 1.3x |
| Mon, 11 Mar 2024 | CA$5.3b | CA$4.0b | CA$359.5m | 11x | 14.6x | 1.3x |
| Wed, 07 Feb 2024 | CA$5.1b | CA$4.0b | CA$407.0m | 10x | 12.5x | 1.3x |
| Fri, 05 Jan 2024 | CA$5.5b | CA$4.0b | CA$406.9m | 9x | 13.6x | 1.4x |
| Sun, 03 Dec 2023 | CA$5.3b | CA$4.0b | CA$398.8m | 8.7x | 13.2x | 1.3x |
| Tue, 31 Oct 2023 | CA$4.8b | CA$4.1b | CA$496.6m | 7.2x | 9.6x | 1.2x |
| Thu, 28 Sep 2023 | CA$4.8b | CA$4.1b | CA$495.3m | 7x | 9.7x | 1.2x |
| Sat, 26 Aug 2023 | CA$4.8b | CA$4.1b | CA$485.1m | 7.4x | 9.9x | 1.2x |
| Mon, 24 Jul 2023 | CA$5.1b | CA$4.3b | CA$955.9m | 3.8x | 5.3x | 1.2x |
| Wed, 21 Jun 2023 | CA$5.1b | CA$4.3b | CA$953.8m | 4.8x | 5.3x | 1.2x |
| Fri, 19 May 2023 | CA$5.1b | CA$4.3b | CA$953.7m | 4.7x | 5.3x | 1.2x |
| Sun, 16 Apr 2023 | CA$5.5b | CA$4.5b | CA$1.2b | 5.6x | 4.4x | 1.2x |
| Tue, 14 Mar 2023 | CA$5.7b | CA$4.5b | CA$1.3b | 5.1x | 4.5x | 1.3x |
| Thu, 09 Feb 2023 | CA$5.9b | CA$5.1b | CA$1.9b | 6.6x | 3.2x | 1.2x |
Price to Earnings Ratio
3.2x
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 22.4x 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% | |
| Steel | 0.14% | |
| Aluminum | 0% | 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CAD Colonial Coal International | CA$3.19 | 19.0% +CA$93.6m | 87.6% | PB29.4x | |
| DRX ADF Group | CA$8.84 | 7.3% +CA$17.1m | 11.5% | PE8.7x | |
| CNT Century Global Commodities | CA$0.045 | 12.5% +CA$591.0k | 80.0% | PS0.4x |
