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Canadian (TSX) Real Estate Services Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies6
  • 7D1.8%
  • 3M3.5%
  • 1Y14.3%
  • YTDn/a

Over the last 7 days, the Real Estate Services industry has risen 1.1%, driven by gains from Colliers International Group of 1.5%. In the last 12 months, the industry was up 14%. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

Has the Canadian Real Estate Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024CA$21.5bCA$12.9bCA$253.0m83.2x85.1x1.7x
Wed, 14 Feb 2024CA$20.7bCA$13.0bCA$243.0m80.6x85.3x1.6x
Fri, 12 Jan 2024CA$19.7bCA$12.7bCA$221.6m157.6x88.9x1.5x
Sun, 10 Dec 2023CA$19.5bCA$12.9bCA$224.4m153x87x1.5x
Tue, 07 Nov 2023CA$18.2bCA$13.0bCA$219.5m135.7x82.9x1.4x
Thu, 05 Oct 2023CA$17.8bCA$12.8bCA$204.2m168.9x87x1.4x
Sat, 02 Sep 2023CA$20.0bCA$12.8bCA$202.5m183.9x98.8x1.6x
Mon, 31 Jul 2023CA$18.6bCA$13.1bCA$220.1m78.2x84.5x1.4x
Wed, 28 Jun 2023CA$17.6bCA$12.8bCA$204.0m74.6x86.1x1.4x
Fri, 26 May 2023CA$17.0bCA$13.2bCA$209.3m70.8x81.3x1.3x
Sun, 23 Apr 2023CA$18.3bCA$12.9bCA$206.2m53.7x88.9x1.4x
Tue, 21 Mar 2023CA$18.0bCA$13.0bCA$208.0m50.1x86.6x1.4x
Thu, 16 Feb 2023CA$19.3bCA$12.7bCA$230.3m81.6x83.7x1.5x
Sat, 14 Jan 2023CA$17.5bCA$12.7bCA$258.2m58.8x67.8x1.4x
Mon, 12 Dec 2022CA$16.1bCA$12.9bCA$261.8m53x61.6x1.2x
Wed, 09 Nov 2022CA$15.4bCA$12.8bCA$283.9m46.6x54.2x1.2x
Fri, 07 Oct 2022CA$16.7bCA$12.7bCA$313.9m46.2x53.4x1.3x
Sun, 04 Sep 2022CA$17.0bCA$12.2bCA$301.7m42.7x56.3x1.4x
Tue, 02 Aug 2022CA$18.0bCA$11.6b-CA$327,342,567.0040.6x-54.9x1.6x
Thu, 30 Jun 2022CA$16.0bCA$11.6b-CA$317,892,995.0029.9x-50.5x1.4x
Sat, 28 May 2022CA$16.8bCA$11.4b-CA$313,716,572.0032x-53.6x1.5x
Mon, 25 Apr 2022CA$17.3bCA$10.9b-CA$244,846,756.0027.5x-70.9x1.6x
Wed, 23 Mar 2022CA$18.9bCA$10.8b-CA$242,530,878.0029.7x-77.9x1.7x
Fri, 18 Feb 2022CA$20.0bCA$10.8b-CA$246,433,158.0029.7x-81x1.8x
Sun, 16 Jan 2022CA$21.3bCA$10.1b-CA$260,748,786.0036.5x-81.9x2.1x
Tue, 14 Dec 2021CA$23.8bCA$10.3b-CA$267,347,572.0040.9x-89x2.3x
Thu, 11 Nov 2021CA$23.4bCA$9.9b-CA$243,308,959.0041.5x-96.2x2.4x
Sat, 09 Oct 2021CA$21.8bCA$9.4b-CA$260,730,048.0045.1x-83.6x2.3x
Mon, 06 Sep 2021CA$22.8bCA$9.3b-CA$258,663,562.4147.4x-88.1x2.4x
Wed, 04 Aug 2021CA$22.0bCA$9.3b-CA$258,663,562.4147.9x-85.1x2.4x
Sat, 08 May 2021CA$19.3bCA$8.6bCA$280.7m67x68.6x2.2x
Price to Earnings Ratio

62.6x


Total Market Cap: CA$17.6bTotal Earnings: CA$280.7mTotal Revenue: CA$8.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Services Industry Price to Earnings3Y Average 20.9x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Real Estate Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 85.1x which is higher than its 3-year average PE of 20.9x.
  • The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Services industry have declined 3.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Canadian Real Estate Services compare with similar industries?

CA Market0.35%
Real Estate-0.70%
Real Estate0.90%
Real Estate Services1.82%
Diversified Real Estate7.10%
Real Estate Operating Companies-0.89%
Real Estate Development-3.40%
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
FSV FirstServiceCA$227.632.3%
+CA$226.2m
22.2%PE75.3x
CIGI Colliers International GroupCA$161.441.6%
+CA$125.7m
14.5%PE91x
ISV Information ServicesCA$25.618.5%
+CA$35.6m
13.8%PE18.1x
AIF Altus GroupCA$50.750.2%
+CA$8.2m
-12.6%PE226.1x
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Latest News

FSV

CA$227.63

FirstService

7D

2.3%

1Y

22.2%

AIF

CA$50.75

Altus Group

7D

0.2%

1Y

-12.6%

BRE

CA$14.00

Bridgemarq Real Estate Services

7D

-2.1%

1Y

1.5%

REAL

CA$6.07

Real Matters

7D

-1.1%

1Y

30.8%

APLV

CA$0.035

ApartmentLove

7D

-22.2%

1Y

-76.7%