Canadian (TSX) IT Consulting Industry Analysis

UpdatedSep 10, 2026

DataAggregated Company Financials

Companies4

7D-5.7%
3M1.6%
1Y-26.1%
YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 2.2%, driven by a pullback from CGI of 2.2%. However, the industry is down 24% over the past year. Looking forward, earnings are forecast to grow by 7.4% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 11 Sep 2026	CA$20.1b	CA$17.0b	CA$1.7b	15.4x	11.9x	1.2x
Sun, 09 Aug 2026	CA$21.5b	CA$17.0b	CA$1.7b	10.4x	12.7x	1.3x
Tue, 07 Jul 2026	CA$19.7b	CA$16.9b	CA$1.6b	9.9x	12x	1.2x
Thu, 04 Jun 2026	CA$20.3b	CA$16.9b	CA$1.7b	10.3x	12.2x	1.2x
Sat, 02 May 2026	CA$18.8b	CA$16.9b	CA$1.7b	10.8x	11.4x	1.1x
Mon, 30 Mar 2026	CA$21.2b	CA$16.8b	CA$1.6b	11.4x	12.9x	1.3x
Wed, 25 Feb 2026	CA$21.0b	CA$16.8b	CA$1.6b	12.6x	12.8x	1.3x
Fri, 23 Jan 2026	CA$26.3b	CA$16.5b	CA$1.6b	14.8x	16.1x	1.6x
Sun, 21 Dec 2025	CA$28.0b	CA$16.5b	CA$1.6b	15x	17.1x	1.7x
Tue, 18 Nov 2025	CA$26.6b	CA$16.5b	CA$1.6b	14x	16.3x	1.6x
Thu, 16 Oct 2025	CA$28.2b	CA$16.1b	CA$1.7b	31x	16.4x	1.7x
Sat, 13 Sep 2025	CA$29.0b	CA$16.1b	CA$1.7b	27.5x	16.9x	1.8x
Mon, 11 Aug 2025	CA$29.4b	CA$16.1b	CA$1.7b	103x	17.3x	1.8x
Wed, 09 Jul 2025	CA$32.0b	CA$15.7b	CA$1.7b	98.7x	18.4x	2x
Fri, 06 Jun 2025	CA$33.0b	CA$15.7b	CA$1.7b	18.7x	19.1x	2.1x
Sun, 04 May 2025	CA$32.4b	CA$15.7b	CA$1.7b	18.4x	18.7x	2.1x
Tue, 01 Apr 2025	CA$32.8b	CA$18.0b	CA$1.5b	18.5x	21.2x	1.8x
Thu, 27 Feb 2025	CA$37.6b	CA$18.0b	CA$1.6b	20.7x	24.1x	2.1x
Sat, 25 Jan 2025	CA$36.9b	CA$17.8b	CA$1.5b	21.3x	24.4x	2.1x
Mon, 23 Dec 2024	CA$36.3b	CA$17.8b	CA$1.5b	21x	24x	2x
Wed, 20 Nov 2024	CA$35.5b	CA$17.8b	CA$1.5b	20.4x	23.5x	2x
Fri, 18 Oct 2024	CA$36.7b	CA$17.7b	CA$1.5b	21.5x	24.6x	2.1x
Sun, 15 Sep 2024	CA$36.4b	CA$17.7b	CA$1.5b	21.2x	24.5x	2.1x
Tue, 13 Aug 2024	CA$34.1b	CA$17.7b	CA$1.5b	19.6x	22.9x	1.9x
Thu, 11 Jul 2024	CA$32.4b	CA$17.7b	CA$1.6b	19.3x	20x	1.8x
Sat, 08 Jun 2024	CA$32.7b	CA$17.7b	CA$1.6b	19.2x	20.5x	1.8x
Mon, 06 May 2024	CA$33.7b	CA$17.8b	CA$1.6b	13x	21.2x	1.9x
Wed, 03 Apr 2024	CA$35.7b	CA$17.8b	CA$1.6b	13.6x	22.7x	2x
Fri, 01 Mar 2024	CA$37.1b	CA$17.8b	CA$1.6b	21.9x	23.7x	2.1x
Sun, 28 Jan 2024	CA$35.2b	CA$17.6b	CA$1.5b	20.9x	22.8x	2x
Tue, 26 Dec 2023	CA$34.0b	CA$17.6b	CA$1.5b	20.2x	22x	1.9x
Thu, 23 Nov 2023	CA$33.5b	CA$17.6b	CA$1.5b	19.8x	21.6x	1.9x
Sat, 21 Oct 2023	CA$32.1b	CA$17.2b	CA$1.5b	34.1x	21x	1.9x
Mon, 18 Sep 2023	CA$33.8b	CA$17.2b	CA$1.5b	37x	22.2x	2x

Price to Earnings Ratio

22.2x

Mon, 18 Sep 2023

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 12.4x which is lower than its 3-year average PE of 19.2x.

The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.2x.

Past Earnings Growth

The earnings for companies in the IT Consulting and Other Services industry have grown 3.5% 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.