Narrative Update • Jul 24
Over the last 7 days, the IT industry has dropped 1.9%, driven by CGI declining 1.9%. The industry has fallen 33% in the last year. Earnings are forecast to grow by 7.2% annually.
Has the Canadian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Jul 2026 | CA$19.8b | CA$16.9b | CA$1.6b | 9.6x | 12.3x | 1.2x |
| Wed, 24 Jun 2026 | CA$18.4b | CA$16.9b | CA$1.6b | 9.5x | 11.4x | 1.1x |
| Fri, 22 May 2026 | CA$19.1b | CA$16.9b | CA$1.6b | 10.1x | 11.6x | 1.1x |
| Sun, 19 Apr 2026 | CA$22.5b | CA$16.8b | CA$1.6b | 10.3x | 13.7x | 1.3x |
| Tue, 17 Mar 2026 | CA$21.2b | CA$16.8b | CA$1.6b | 12.6x | 12.9x | 1.3x |
| Thu, 12 Feb 2026 | CA$23.7b | CA$16.8b | CA$1.6b | 13.1x | 14.5x | 1.4x |
| Sat, 10 Jan 2026 | CA$28.3b | CA$16.5b | CA$1.6b | 13.9x | 17.3x | 1.7x |
| Mon, 08 Dec 2025 | CA$28.0b | CA$16.5b | CA$1.6b | 12.3x | 17.1x | 1.7x |
| Wed, 05 Nov 2025 | CA$27.1b | CA$16.1b | CA$1.7b | 15.5x | 15.9x | 1.7x |
| Fri, 03 Oct 2025 | CA$27.9b | CA$16.1b | CA$1.7b | 16.2x | 16.3x | 1.7x |
| Sun, 31 Aug 2025 | CA$29.7b | CA$16.1b | CA$1.7b | 33.1x | 17.4x | 1.8x |
| Tue, 29 Jul 2025 | CA$31.1b | CA$15.7b | CA$1.7b | 51.1x | 18.1x | 2x |
| Thu, 26 Jun 2025 | CA$32.5b | CA$15.7b | CA$1.7b | 18.1x | 18.8x | 2.1x |
| Sat, 24 May 2025 | CA$33.1b | CA$15.7b | CA$1.7b | 9.9x | 19.2x | 2.1x |
| Mon, 21 Apr 2025 | CA$34.1b | CA$18.0b | CA$1.5b | 10.1x | 22.1x | 1.9x |
| Wed, 19 Mar 2025 | CA$34.7b | CA$18.0b | CA$1.5b | 10.6x | 22.5x | 1.9x |
| Fri, 14 Feb 2025 | CA$39.9b | CA$18.0b | CA$1.5b | 12.6x | 25.9x | 2.2x |
| Sun, 12 Jan 2025 | CA$35.8b | CA$15.2b | CA$1.7b | 11.8x | 21.6x | 2.4x |
| Tue, 10 Dec 2024 | CA$36.9b | CA$17.8b | CA$1.5b | 12.4x | 24.6x | 2.1x |
| Thu, 07 Nov 2024 | CA$36.0b | CA$17.7b | CA$1.5b | 11.6x | 24.5x | 2x |
| Sat, 05 Oct 2024 | CA$36.5b | CA$17.7b | CA$1.5b | 11.4x | 24.9x | 2.1x |
| Mon, 02 Sep 2024 | CA$35.3b | CA$17.7b | CA$1.5b | 10.7x | 24x | 2x |
| Wed, 31 Jul 2024 | CA$34.9b | CA$17.7b | CA$1.6b | 10.6x | 21.7x | 2x |
| Fri, 28 Jun 2024 | CA$32.2b | CA$17.7b | CA$1.6b | 9.6x | 20.1x | 1.8x |
| Sun, 26 May 2024 | CA$33.8b | CA$17.8b | CA$1.6b | 10.1x | 21.5x | 1.9x |
| Tue, 23 Apr 2024 | CA$34.3b | CA$17.8b | CA$1.5b | 6.3x | 22.6x | 1.9x |
| Thu, 21 Mar 2024 | CA$38.2b | CA$17.8b | CA$1.5b | 6.3x | 25x | 2.1x |
| Sat, 17 Feb 2024 | CA$37.1b | CA$17.8b | CA$1.5b | 11.4x | 24.7x | 2.1x |
| Mon, 15 Jan 2024 | CA$34.5b | CA$17.7b | CA$1.5b | 10.9x | 23.7x | 1.9x |
| Wed, 13 Dec 2023 | CA$34.5b | CA$17.7b | CA$1.5b | 10.7x | 23.8x | 1.9x |
| Fri, 10 Nov 2023 | CA$32.6b | CA$17.5b | CA$1.5b | 38.1x | 22x | 1.9x |
| Sun, 08 Oct 2023 | CA$32.7b | CA$17.3b | CA$1.4b | 34.4x | 22.9x | 1.9x |
| Tue, 05 Sep 2023 | CA$34.0b | CA$17.3b | CA$1.4b | 35.6x | 23.8x | 2x |
| Thu, 03 Aug 2023 | CA$32.0b | CA$17.2b | CA$1.4b | 21.4x | 22.1x | 1.9x |
22.1x
Which industries have driven the changes within the Canadian Tech industry?
| CA Market | 0.56% | |
| Tech | -2.25% | |
| IT | -1.88% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -1.87% | |
| Internet Services and Infrastructure | -6.07% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ALYA Alithya Group | CA$1.00 | 2.0% +CA$1.9m | -60.9% | PS0.2x |