Canadian (TSX) IT Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 02 Jul 2026	CA$19.4b	CA$16.9b	CA$1.6b	9.7x	12.1x	1.1x
Sat, 30 May 2026	CA$19.8b	CA$16.9b	CA$1.6b	10.4x	12.2x	1.2x
Mon, 27 Apr 2026	CA$21.4b	CA$16.8b	CA$1.6b	10.3x	13.1x	1.3x
Wed, 25 Mar 2026	CA$21.9b	CA$16.8b	CA$1.6b	12.7x	13.4x	1.3x
Fri, 20 Feb 2026	CA$21.8b	CA$16.8b	CA$1.6b	12.9x	13.3x	1.3x
Sun, 18 Jan 2026	CA$27.6b	CA$16.5b	CA$1.6b	13.6x	16.9x	1.7x
Tue, 16 Dec 2025	CA$27.3b	CA$16.5b	CA$1.6b	13.2x	16.7x	1.7x
Thu, 13 Nov 2025	CA$26.6b	CA$16.5b	CA$1.7b	16x	16.1x	1.6x
Sat, 11 Oct 2025	CA$28.3b	CA$16.1b	CA$1.7b	16x	16.5x	1.8x
Mon, 08 Sep 2025	CA$29.8b	CA$16.1b	CA$1.7b	17.3x	17.4x	1.8x
Wed, 06 Aug 2025	CA$29.4b	CA$16.1b	CA$1.7b	55.7x	17.3x	1.8x
Fri, 04 Jul 2025	CA$32.1b	CA$15.7b	CA$1.7b	45.7x	18.6x	2x
Sun, 01 Jun 2025	CA$33.0b	CA$15.7b	CA$1.7b	14.6x	19.2x	2.1x
Tue, 29 Apr 2025	CA$33.0b	CA$15.4b	CA$1.7b	10.4x	19.2x	2.1x
Thu, 27 Mar 2025	CA$33.7b	CA$18.0b	CA$1.5b	10.2x	21.9x	1.9x
Sat, 22 Feb 2025	CA$37.2b	CA$18.0b	CA$1.5b	11.6x	24.1x	2.1x
Mon, 20 Jan 2025	CA$36.1b	CA$17.8b	CA$1.5b	11.9x	24.1x	2x
Wed, 18 Dec 2024	CA$36.3b	CA$17.8b	CA$1.5b	12.1x	24.3x	2x
Fri, 15 Nov 2024	CA$36.4b	CA$17.8b	CA$1.5b	11.4x	24.4x	2x
Sun, 13 Oct 2024	CA$36.9b	CA$17.7b	CA$1.5b	11.6x	25.1x	2.1x
Tue, 10 Sep 2024	CA$35.7b	CA$17.7b	CA$1.5b	10.9x	24.3x	2x
Thu, 08 Aug 2024	CA$33.7b	CA$17.8b	CA$1.6b	10x	20.6x	1.9x
Sat, 06 Jul 2024	CA$32.6b	CA$17.7b	CA$1.6b	9.8x	20.4x	1.8x
Mon, 03 Jun 2024	CA$31.9b	CA$17.8b	CA$1.6b	9.6x	20.3x	1.8x
Wed, 01 May 2024	CA$33.5b	CA$17.8b	CA$1.5b	6.3x	21.7x	1.9x
Fri, 29 Mar 2024	CA$35.8b	CA$17.8b	CA$1.5b	6.3x	23.5x	2x
Sun, 25 Feb 2024	CA$37.4b	CA$17.8b	CA$1.5b	11.5x	24.9x	2.1x
Tue, 23 Jan 2024	CA$35.1b	CA$17.7b	CA$1.5b	10.8x	24.2x	2x
Thu, 21 Dec 2023	CA$34.8b	CA$17.7b	CA$1.5b	10.6x	23.9x	2x
Sat, 18 Nov 2023	CA$33.9b	CA$17.7b	CA$1.5b	10.3x	23.3x	1.9x
Mon, 16 Oct 2023	CA$32.2b	CA$17.3b	CA$1.4b	33.4x	22.6x	1.9x
Wed, 13 Sep 2023	CA$33.9b	CA$17.3b	CA$1.4b	36.3x	23.7x	2x
Fri, 11 Aug 2023	CA$33.0b	CA$17.2b	CA$1.4b	33.1x	23.1x	1.9x
Sun, 09 Jul 2023	CA$33.7b	CA$16.9b	CA$1.4b	22.9x	24.3x	2x

Current Industry PE

Investors are pessimistic on the Canadian IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 11.9x which is lower than its 3-year average PE of 20.3x.

The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.1x.

Past Earnings Growth

The earnings for companies in the IT industry have grown 5.1% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Canadian Tech industry?


CA Market	0.037%
Tech	0.78%
IT	3.67%
IT Consulting	3.70%
Data Processing Services	0%	0
Internet Services and Infrastructure	-6.00%

Industry PE

Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 19.8x.

Analysts are expecting annual earnings growth of 7.3%, which is higher than its past year's earnings decline of 3.9% per year.

Forecasted Growth

Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 7.3% over the next 5 years.
This is better than its past earnings decline of 3.9% per year.

In contrast, the IT Consulting industry is expected to see its earnings grow by 7.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
GIB.A CGI	CA$91.67	3.7% +CA$691.0m	-36.2%	PE11.4x
ICS Integrated Cyber Solutions	CA$0.65	8.3% +CA$4.0m	103.1%	PS320.6x
ALYA Alithya Group	CA$1.00	2.0% +CA$1.9m	-59.4%	PS0.2x
SONI SonicStrategy	CA$0.08	14.3% +CA$496.2k	-89.7%	PS6x

QuantIP Licensing Corp Completes AI-Based Evaluation Of 2 Patents And Launches Licensing Initiative

QuantIP Licensing Corp, a wholly owned subsidiary of Datametrex AI Limited, has completed an evaluation of 2 patents from its intellectual property portfolio using 2 artificial intelligence-driven patent analytics platforms. The evaluation focused on U.S. Patent No. 9,275,015 and U.S. Patent No. 9,665,561, both of which claim a 2012 priority date and relate generally to systems and methods for analyzing large volumes of information, including temporally ordered datasets such as social media, electronic communications, and other digital information sources. The Company notes that techniques for clustering and organizing large volumes of social media and other digital communications data have become foundational to the development and training of large language models. LLMs depend on the ingestion, organization, and semantic analysis of temporally ordered datasets - including social media content - to develop language understanding and generate contextually relevant outputs. Management believes that the methods described in the Company's patents, which address the organization and analysis of such datasets using clustering and semantic analysis techniques, are pertinent to processes that are now widely employed in the development and operation of LLM-based applications. These patents are expected to expire in 2032, subject to any patent term extensions that may be granted by the USPTO. The patents were analyzed using the proprietary evaluation methodologies of Pelent AI and VisiLeap, 2 artificial intelligence-driven patent analytics platforms. No fees were paid by the Company in connection with these evaluations. The assessments considered factors including technological relevance, claim strength, commercial applicability, and potential licensing opportunities. These AI-generated analyses were used as one of several inputs in management's evaluation of the Company's intellectual property strategy, alongside internal technical review and market analysis. The Company intends to explore licensing opportunities with organizations whose products or services may utilize technologies that may fall within the scope of the Company's patent portfolio. Based on these evaluations, QuantIP has initiated preparations for a structured licensing program. No potential licensees have been identified, no licensing discussions are underway, and no infringement analyses have been completed as of the date of this release. There is no assurance that the licensing program will result in executed agreements or generate revenues. The licensing initiative is intended to complement QuantIP's existing intellectual property monetization activities and reflects the Company's broader strategy of leveraging artificial intelligence to identify commercialization opportunities across its intellectual property assets. The Company intends to utilize AI-assisted patent intelligence tools together with conventional licensing analysis to identify potential licensing candidates and evaluate complementary intellectual property acquisition opportunities. The Company's two information analytics patents address technologies for organizing, analyzing, and identifying relationships within large volumes of digital information using semantic analysis, temporal organization, clustering, and trend identification techniques. Management believes these techniques continue to be relevant across a range of software applications, including enterprise analytics, cybersecurity, digital communications, and information management. The Company intends to conduct further analysis to identify specific sectors and organizations where licensing may be applicable.

Canadian (TSX) IT Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

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New major risk - Revenue and earnings growth