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Canadian (TSX) IT Consulting Industry Analysis

UpdatedAug 28, 2025
DataAggregated Company Financials
Companies4
  • 7D1.3%
  • 3M-10.3%
  • 1Y-10.8%
  • YTDn/a

The IT Consulting industry is up 1.6% in the last week, with CGI up 1.7%. During this same period, the Alithya Group underperformed, falling 13%. In contrast, the industry has lost 11% in the last 12 months. Looking forward, earnings are forecast to grow by 9.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Aug 2025CA$29.3bCA$16.1bCA$1.7b29.7x17.1x1.8x
Sat, 26 Jul 2025CA$31.0bCA$15.7bCA$1.7b107x17.9x2x
Mon, 23 Jun 2025CA$32.4bCA$15.7bCA$1.7b101.2x18.7x2.1x
Wed, 21 May 2025CA$33.8bCA$15.7bCA$1.7b19.2x19.6x2.2x
Fri, 18 Apr 2025CA$33.8bCA$18.0bCA$1.5b18.8x21.8x1.9x
Sun, 16 Mar 2025CA$34.4bCA$18.0bCA$1.5b19.1x22.3x1.9x
Tue, 11 Feb 2025CA$39.4bCA$18.0bCA$1.6b22.3x25.2x2.2x
Thu, 09 Jan 2025CA$35.8bCA$17.8bCA$1.5b20.8x23.7x2x
Sat, 07 Dec 2024CA$36.7bCA$17.8bCA$1.5b21.3x24.2x2.1x
Mon, 04 Nov 2024CA$35.9bCA$17.7bCA$1.5b21x24.1x2x
Wed, 02 Oct 2024CA$36.1bCA$17.7bCA$1.5b20.8x24.3x2x
Fri, 30 Aug 2024CA$34.8bCA$17.7bCA$1.5b20.3x23.4x2x
Sun, 28 Jul 2024CA$35.1bCA$17.7bCA$1.6b20.7x21.7x2x
Tue, 25 Jun 2024CA$31.8bCA$17.7bCA$1.6b18.7x19.7x1.8x
Thu, 23 May 2024CA$34.0bCA$17.7bCA$1.6b19.9x21.3x1.9x
Sat, 20 Apr 2024CA$34.3bCA$17.8bCA$1.6b13.2x21.7x1.9x
Mon, 18 Mar 2024CA$37.8bCA$17.8bCA$1.6b14.3x24x2.1x
Wed, 14 Feb 2024CA$36.0bCA$17.8bCA$1.6b21.3x23x2x
Fri, 12 Jan 2024CA$34.0bCA$17.6bCA$1.5b20.4x22x1.9x
Sun, 10 Dec 2023CA$34.0bCA$17.6bCA$1.5b20.2x21.9x1.9x
Tue, 07 Nov 2023CA$32.7bCA$17.2bCA$1.5b38.1x21.5x1.9x
Thu, 05 Oct 2023CA$32.1bCA$17.2bCA$1.5b34.9x21.1x1.9x
Sat, 02 Sep 2023CA$33.9bCA$17.2bCA$1.5b35.6x22.2x2x
Mon, 31 Jul 2023CA$31.6bCA$17.0bCA$1.5b21.7x20.5x1.9x
Wed, 28 Jun 2023CA$32.6bCA$16.7bCA$1.5b22.2x21.9x2x
Fri, 26 May 2023CA$33.1bCA$16.6bCA$1.5b22.9x22x2x
Sun, 23 Apr 2023CA$32.4bCA$16.0bCA$1.4b24.3x22.4x2x
Tue, 21 Mar 2023CA$30.6bCA$16.0bCA$1.4b25.2x21.2x1.9x
Thu, 16 Feb 2023CA$31.1bCA$16.1bCA$1.5b23.9x21.4x1.9x
Sat, 14 Jan 2023CA$28.9bCA$15.7bCA$1.4b23.8x20.1x1.8x
Mon, 12 Dec 2022CA$28.7bCA$15.7bCA$1.5b22.4x19.8x1.8x
Wed, 09 Nov 2022CA$26.2bCA$15.2bCA$1.4b32.5x18.5x1.7x
Fri, 07 Oct 2022CA$26.2bCA$15.2bCA$1.4b44x18.5x1.7x
Sun, 04 Sep 2022CA$25.4bCA$15.2bCA$1.4b36.5x17.9x1.7x
Price to Earnings Ratio

17.9x


Total Market Cap: CA$25.4bTotal Earnings: CA$1.4bTotal Revenue: CA$15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 21.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian IT Consulting and Other Services 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 17.0x which is lower than its 3-year average PE of 21.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 6.5% 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 Comparison

How does Canadian IT Consulting compare with similar industries?

CA Market1.88%
Tech2.85%
IT1.30%
IT Consulting1.34%
Data Processing Services0%0
Internet Services and Infrastructure-19.10%
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
GIB.A CGICA$133.141.4%
+CA$392.8m		-10.9%PE17.2x
PVT PivotreeCA$1.515.6%
+CA$2.1m		39.8%PS0.5x
HIDE Hydaway DigitalCA$0.157.1%
+CA$251.3k		n/aPB5.7x

Latest News

ALYA
CA$1.79
Alithya Group
7D
-2.7%
1Y
-2.7%
PVT
CA$1.51
Pivotree
7D
5.6%
1Y
39.8%

AI MIPS And Professional Services Will Build Future Value

Pivotree’s consensus price target has increased to CA$2.17, primarily reflecting improved net profit margin expectations, despite a slight deterioration in forecast revenue growth. Valuation Changes Summary of Valuation Changes for Pivotree The Consensus Analyst Price Target has risen from CA$2.00 to CA$2.17.
GIB.A
CA$133.14
CGI
7D
1.4%
1Y
-10.9%
HIDE
CA$0.15
Hydaway Digital
7D
7.1%
1Y
n/a