Over the last 7 days, the IT industry has dropped 4.9%, driven by a pullback from CGI of 4.9%. Meanwhile, Carrier Connect Data Solutions actually outperformed within the industry, gaining 5.5% in the last week. Overall the industry is down 32% in 12 months. As for the next few years, earnings are expected to grow by 9.1% per annum.
Has the Canadian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 25 Apr 2026 | CA$21.5b | CA$16.8b | CA$1.6b | 10.3x | 13.2x | 1.3x |
| Mon, 23 Mar 2026 | CA$21.5b | CA$16.8b | CA$1.6b | 12.8x | 13.1x | 1.3x |
| Wed, 18 Feb 2026 | CA$21.9b | CA$16.8b | CA$1.6b | 12.8x | 13.3x | 1.3x |
| Fri, 16 Jan 2026 | CA$28.4b | CA$16.5b | CA$1.6b | 14x | 17.4x | 1.7x |
| Sun, 14 Dec 2025 | CA$27.3b | CA$16.5b | CA$1.6b | 13.2x | 16.7x | 1.7x |
| Tue, 11 Nov 2025 | CA$26.5b | CA$16.5b | CA$1.7b | 15.7x | 16x | 1.6x |
| Thu, 09 Oct 2025 | CA$28.2b | CA$16.1b | CA$1.7b | 16.4x | 16.5x | 1.7x |
| Sat, 06 Sep 2025 | CA$29.3b | CA$16.1b | CA$1.7b | 17.3x | 17.1x | 1.8x |
| Mon, 04 Aug 2025 | CA$29.4b | CA$16.1b | CA$1.7b | 58.7x | 17.3x | 1.8x |
| Wed, 02 Jul 2025 | CA$31.7b | CA$15.7b | CA$1.7b | 27.3x | 18.4x | 2x |
| Fri, 30 May 2025 | CA$33.2b | CA$15.7b | CA$1.7b | 14.6x | 19.3x | 2.1x |
| Sun, 27 Apr 2025 | CA$33.0b | CA$15.4b | CA$1.7b | 10.3x | 19.2x | 2.1x |
| Tue, 25 Mar 2025 | CA$33.1b | CA$18.0b | CA$1.5b | 10.4x | 21.5x | 1.8x |
| Thu, 20 Feb 2025 | CA$39.6b | CA$18.0b | CA$1.5b | 12.3x | 25.6x | 2.2x |
| Sat, 18 Jan 2025 | CA$36.1b | CA$17.8b | CA$1.5b | 11.9x | 24.1x | 2x |
| Mon, 16 Dec 2024 | CA$37.0b | CA$17.8b | CA$1.5b | 12.2x | 24.7x | 2.1x |
| Wed, 13 Nov 2024 | CA$36.0b | CA$17.9b | CA$1.5b | 11.6x | 24.2x | 2x |
| Fri, 11 Oct 2024 | CA$36.9b | CA$17.7b | CA$1.5b | 11.5x | 25.1x | 2.1x |
| Sun, 08 Sep 2024 | CA$35.3b | CA$17.7b | CA$1.5b | 10.8x | 24x | 2x |
| Tue, 06 Aug 2024 | CA$35.0b | CA$17.8b | CA$1.6b | 10.4x | 21.5x | 2x |
| Thu, 04 Jul 2024 | CA$32.5b | CA$17.7b | CA$1.6b | 9.7x | 20.3x | 1.8x |
| Sat, 01 Jun 2024 | CA$31.8b | CA$17.8b | CA$1.6b | 9.6x | 20.3x | 1.8x |
| Mon, 29 Apr 2024 | CA$33.9b | CA$17.8b | CA$1.5b | 6.3x | 22.3x | 1.9x |
| Wed, 27 Mar 2024 | CA$35.7b | CA$17.8b | CA$1.5b | 6.3x | 23.4x | 2x |
| Fri, 23 Feb 2024 | CA$35.8b | CA$17.8b | CA$1.5b | 11.2x | 23.8x | 2x |
| Sun, 21 Jan 2024 | CA$34.8b | CA$17.7b | CA$1.5b | 11x | 23.9x | 2x |
| Tue, 19 Dec 2023 | CA$34.4b | CA$17.7b | CA$1.5b | 10.8x | 23.7x | 1.9x |
| Thu, 16 Nov 2023 | CA$33.5b | CA$17.7b | CA$1.5b | 19.8x | 23.1x | 1.9x |
| Sat, 14 Oct 2023 | CA$32.2b | CA$17.3b | CA$1.4b | 33.4x | 22.6x | 1.9x |
| Mon, 11 Sep 2023 | CA$33.5b | CA$17.3b | CA$1.4b | 35.7x | 23.5x | 1.9x |
| Wed, 09 Aug 2023 | CA$32.6b | CA$17.2b | CA$1.4b | 22x | 22.5x | 1.9x |
| Fri, 07 Jul 2023 | CA$33.4b | CA$16.9b | CA$1.4b | 22.5x | 24x | 2x |
| Sun, 04 Jun 2023 | CA$34.3b | CA$16.8b | CA$1.4b | 24.7x | 24.5x | 2x |
| Tue, 02 May 2023 | CA$33.5b | CA$16.7b | CA$1.4b | 24.2x | 23.8x | 2x |
23.8x
Which industries have driven the changes within the Canadian Tech industry?
| CA Market | -1.02% | |
| Tech | -2.70% | |
| IT | -4.87% | |
| Internet Services and Infrastructure | 1.23% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -4.88% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CCDS Carrier Connect Data Solutions | CA$1.35 | 5.5% +CA$2.2m | 170.0% | PS49.7x | |
| TTC Titan Technology | CA$0.40 | 60.0% +CA$1.9m | n/a | n/a | |
| HIDE Hydaway Digital | CA$0.59 | 7.3% +CA$1.4m | n/a | PB45.6x | |
| ECOM EMERGE Commerce | CA$0.10 | 5.0% +CA$882.4k | 133.3% | PE35.8x | |
| PVT Pivotree | CA$1.66 | 0.6% +CA$263.4k | 50.9% | PE10.3x |