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Canadian (TSX) IT Consulting Industry Analysis

UpdatedMay 31, 2023
DataAggregated Company Financials
Companies9
  • 7D1.1%
  • 3M12.1%
  • 1Y23.1%
  • YTD16.5%

Last week, the IT Consulting industry hasn't moved much but Converge Technology Solutions is up 7.5% in that time. The past year has been better, since the industry has gained 23% in that time. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 May 2023CA$33.5bCA$16.6bCA$1.5b24.7x22.3x2x
Fri, 28 Apr 2023CA$33.1bCA$16.5bCA$1.5b23x22.1x2x
Sun, 26 Mar 2023CA$30.9bCA$16.0bCA$1.4b25.3x21.4x1.9x
Tue, 21 Feb 2023CA$31.1bCA$16.1bCA$1.5b23.8x21.4x1.9x
Thu, 19 Jan 2023CA$29.1bCA$15.7bCA$1.4b24.1x20.2x1.8x
Sat, 17 Dec 2022CA$28.9bCA$15.7bCA$1.4b22.3x20.1x1.8x
Mon, 14 Nov 2022CA$28.1bCA$15.7bCA$1.5b22.2x19.3x1.8x
Wed, 12 Oct 2022CA$25.7bCA$15.2bCA$1.4b38.9x18.1x1.7x
Fri, 09 Sep 2022CA$25.6bCA$15.2bCA$1.4b37.6x18x1.7x
Sun, 07 Aug 2022CA$27.7bCA$14.9bCA$1.4b75.3x19.6x1.9x
Tue, 05 Jul 2022CA$25.8bCA$14.7bCA$1.4b63.8x18.6x1.8x
Thu, 02 Jun 2022CA$27.6bCA$14.6bCA$1.4b88.5x19.8x1.9x
Sat, 30 Apr 2022CA$26.7bCA$14.4bCA$1.4b66.7x18.9x1.9x
Mon, 28 Mar 2022CA$26.8bCA$14.2bCA$1.4b72.8x19.4x1.9x
Wed, 23 Feb 2022CA$27.8bCA$14.0bCA$1.4b113.3x20.3x2x
Fri, 21 Jan 2022CA$27.9bCA$13.9bCA$1.3b100.7x20.7x2x
Sun, 19 Dec 2021CA$29.2bCA$13.9bCA$1.3b121.2x21.7x2.1x
Tue, 16 Nov 2021CA$30.1bCA$13.9bCA$1.4b42.1x22.2x2.2x
Thu, 14 Oct 2021CA$29.5bCA$13.6bCA$1.3b43.9x23.5x2.2x
Sat, 11 Sep 2021CA$31.2bCA$13.6bCA$1.3b47.3x24.9x2.3x
Mon, 09 Aug 2021CA$30.3bCA$13.6bCA$1.3b64.8x24.2x2.2x
Sun, 02 May 2021CA$28.2bCA$13.5bCA$1.2b24.8x24.1x2.1x
Wed, 03 Feb 2021CA$27.3bCA$13.5bCA$1.1b21.1x24.5x2x
Sat, 07 Nov 2020CA$22.1bCA$13.4bCA$1.1b60.6x20.8x1.7x
Fri, 31 Jul 2020CA$24.8bCA$12.5bCA$1.1b48.5x21.7x2x
Price to Earnings Ratio

19.1x


Total Market Cap: CA$22.8bTotal Earnings: CA$1.2bTotal Revenue: CA$12.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 21.5x202120222023
Current Industry PE
  • Investors are relatively neutral on the Canadian IT Consulting and Other Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.5x.
  • 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 8.0% per year over the last three years.
  • Revenues for these companies have grown 9.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian IT Consulting compare with similar industries?

CA Market-1.99%
Tech1.74%
IT1.15%
IT Consulting1.15%
Internet Services and Infrastructure6.56%
Data Processing Services0.32%
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$139.121.0%
+CA$324.1m
28.7%PE21.2x
CTS Converge Technology SolutionsCA$3.6510.9%
+CA$75.3m
-51.6%PE28.1x
PGV Prodigy VenturesCA$0.0320.0%
+CA$721.4k
-53.8%PS2.4x
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Latest News

PGV

CA$0.03

Prodigy Ventures

7D

20.0%

1Y

-53.8%

ALYA

CA$2.33

Alithya Group

7D

-7.5%

1Y

-18.2%

PVT

CA$2.80

Pivotree

7D

-0.4%

1Y

-20.0%

CTS

CA$3.65

Converge Technology Solutions

7D

10.9%

1Y

-51.6%

HOLD

CA$0.28

Immutable Holdings

7D

-5.2%

1Y

-45.0%