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Canadian (TSX) IT Consulting Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies5
  • 7D-4.0%
  • 3M7.7%
  • 1Y8.5%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 4.0%, driven by a pullback from CGI of 4.3%. Meanwhile, Alithya Group actually outperformed within the industry, gaining 18% in the last week. In the past year, the industry has gained 8.5%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025CA$39.1bCA$18.0bCA$1.6b21.4x25x2.2x
Sun, 19 Jan 2025CA$36.1bCA$17.8bCA$1.5b20.8x23.9x2x
Tue, 17 Dec 2024CA$37.0bCA$17.8bCA$1.5b20.9x24.4x2.1x
Thu, 14 Nov 2024CA$36.2bCA$17.8bCA$1.5b20.9x24x2x
Sat, 12 Oct 2024CA$36.5bCA$17.7bCA$1.5b21.4x24.5x2.1x
Mon, 09 Sep 2024CA$35.3bCA$17.7bCA$1.5b20.5x23.7x2x
Wed, 07 Aug 2024CA$35.0bCA$17.8bCA$1.6b19.5x21.3x2x
Fri, 05 Jul 2024CA$32.3bCA$17.7bCA$1.6b19.1x19.9x1.8x
Sun, 02 Jun 2024CA$31.9bCA$17.7bCA$1.6b18.7x20x1.8x
Tue, 30 Apr 2024CA$33.8bCA$17.8bCA$1.6b13x21.4x1.9x
Thu, 28 Mar 2024CA$35.7bCA$17.8bCA$1.6b13.6x22.7x2x
Sat, 24 Feb 2024CA$37.3bCA$17.8bCA$1.6b22x23.8x2.1x
Mon, 22 Jan 2024CA$35.0bCA$17.6bCA$1.5b20.8x22.6x2x
Wed, 20 Dec 2023CA$34.7bCA$17.6bCA$1.5b20.6x22.4x2x
Fri, 17 Nov 2023CA$33.8bCA$17.6bCA$1.5b20.1x21.8x1.9x
Sun, 15 Oct 2023CA$32.1bCA$17.2bCA$1.5b33.4x21.1x1.9x
Tue, 12 Sep 2023CA$33.7bCA$17.2bCA$1.5b36.7x22.1x2x
Thu, 10 Aug 2023CA$32.7bCA$17.0bCA$1.5b21x21.2x1.9x
Sat, 08 Jul 2023CA$33.5bCA$16.7bCA$1.5b22.9x22.4x2x
Mon, 05 Jun 2023CA$34.1bCA$16.6bCA$1.5b24.7x22.7x2.1x
Wed, 03 May 2023CA$33.5bCA$16.5bCA$1.5b23.1x22.3x2x
Fri, 31 Mar 2023CA$31.2bCA$16.0bCA$1.4b25.4x21.5x1.9x
Sun, 26 Feb 2023CA$30.5bCA$16.1bCA$1.5b22.9x21x1.9x
Tue, 24 Jan 2023CA$29.3bCA$15.7bCA$1.4b25.1x20.3x1.9x
Thu, 22 Dec 2022CA$29.2bCA$15.7bCA$1.4b22.5x20.3x1.9x
Sat, 19 Nov 2022CA$28.2bCA$15.7bCA$1.5b20.3x19.4x1.8x
Mon, 17 Oct 2022CA$25.9bCA$15.2bCA$1.4b40.8x18.2x1.7x
Wed, 14 Sep 2022CA$26.3bCA$15.2bCA$1.4b38.9x18.6x1.7x
Fri, 12 Aug 2022CA$27.3bCA$15.2bCA$1.4b43.8x19.2x1.8x
Sun, 10 Jul 2022CA$27.0bCA$14.7bCA$1.4b70.3x19.5x1.8x
Tue, 07 Jun 2022CA$27.6bCA$14.6bCA$1.4b87.7x19.9x1.9x
Thu, 05 May 2022CA$27.2bCA$14.4bCA$1.4b66.4x19.3x1.9x
Sat, 02 Apr 2022CA$26.6bCA$14.2bCA$1.4b78.4x19.3x1.9x
Mon, 28 Feb 2022CA$27.9bCA$14.0bCA$1.4b111x20.3x2x
Price to Earnings Ratio

20.3x


Total Market Cap: CA$27.9bTotal Earnings: CA$1.4bTotal Revenue: CA$14.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 21.4x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian IT Consulting and Other Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.0x which is higher than its 3-year average PE of 21.4x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 4.4% per year over the last three years.
  • Revenues for these companies have grown 8.7% 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-0.52%
Tech-2.56%
IT-4.03%
IT Consulting-4.03%
Data Processing Services0%0
Internet Services and Infrastructure-4.94%
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
ALYA Alithya GroupCA$2.1518.1%
+CA$32.8m		15.6%PS0.5x
CTS Converge Technology SolutionsCA$5.450.6%
+CA$5.7m		22.2%PS0.4x
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