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Canadian (TSX) IT Consulting Industry Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies5
  • 7D3.7%
  • 3M-13.6%
  • 1Y-27.9%
  • YTDn/a

In the last week, the IT Consulting industry is up 3.7%, with CGI up 3.8%. In contrast, the industry has lost 28% in the last 12 months. Looking forward, earnings are forecast to grow by 9.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026CA$22.6bCA$16.8bCA$1.6b11.9x13.7x1.3x
Fri, 20 Mar 2026CA$21.1bCA$16.8bCA$1.6b12.7x12.9x1.3x
Sun, 15 Feb 2026CA$21.8bCA$16.8bCA$1.6b13x13.3x1.3x
Tue, 13 Jan 2026CA$28.4bCA$16.5bCA$1.6b15.5x17.4x1.7x
Thu, 11 Dec 2025CA$27.3bCA$16.5bCA$1.6b14.3x16.7x1.7x
Sat, 08 Nov 2025CA$26.2bCA$16.5bCA$1.7b27.3x15.8x1.6x
Mon, 06 Oct 2025CA$28.5bCA$16.1bCA$1.7b29.8x16.6x1.8x
Wed, 03 Sep 2025CA$29.7bCA$16.1bCA$1.7b28.3x17.3x1.8x
Fri, 01 Aug 2025CA$29.9bCA$16.1bCA$1.7b100.6x17.5x1.9x
Sun, 29 Jun 2025CA$31.7bCA$15.7bCA$1.7b102.9x18.3x2x
Tue, 27 May 2025CA$32.6bCA$15.7bCA$1.7b18.9x18.8x2.1x
Thu, 24 Apr 2025CA$33.0bCA$15.4bCA$1.7b18.7x19.1x2.1x
Sat, 22 Mar 2025CA$33.0bCA$18.0bCA$1.5b18.3x21.3x1.8x
Mon, 17 Feb 2025CA$39.5bCA$18.0bCA$1.6b22x25.3x2.2x
Wed, 15 Jan 2025CA$35.5bCA$15.2bCA$1.7b20.5x21.2x2.3x
Fri, 13 Dec 2024CA$36.9bCA$17.8bCA$1.5b21.3x24.4x2.1x
Sun, 10 Nov 2024CA$35.7bCA$17.9bCA$1.5b20.6x23.7x2x
Tue, 08 Oct 2024CA$36.2bCA$17.7bCA$1.5b20.8x24.4x2x
Thu, 05 Sep 2024CA$35.2bCA$17.7bCA$1.5b20.6x23.7x2x
Sat, 03 Aug 2024CA$35.9bCA$17.8bCA$1.6b20.4x21.8x2x
Mon, 01 Jul 2024CA$32.0bCA$17.7bCA$1.6b18.8x19.7x1.8x
Wed, 29 May 2024CA$33.8bCA$17.7bCA$1.6b19.5x21.2x1.9x
Fri, 26 Apr 2024CA$33.8bCA$17.8bCA$1.6b13x21.4x1.9x
Sun, 24 Mar 2024CA$36.3bCA$17.8bCA$1.6b13.8x23x2x
Tue, 20 Feb 2024CA$36.8bCA$17.8bCA$1.6b21.7x23.5x2.1x
Thu, 18 Jan 2024CA$34.2bCA$17.6bCA$1.5b20.3x22.1x1.9x
Sat, 16 Dec 2023CA$34.2bCA$17.6bCA$1.5b20.4x22.1x1.9x
Mon, 13 Nov 2023CA$32.9bCA$17.4bCA$1.6b39.6x20.9x1.9x
Wed, 11 Oct 2023CA$32.3bCA$17.2bCA$1.5b35x21.2x1.9x
Fri, 08 Sep 2023CA$33.4bCA$17.2bCA$1.5b35.5x21.9x1.9x
Sun, 06 Aug 2023CA$32.1bCA$17.0bCA$1.5b22.2x20.8x1.9x
Tue, 04 Jul 2023CA$33.6bCA$16.7bCA$1.5b23x22.5x2x
Thu, 01 Jun 2023CA$33.5bCA$16.6bCA$1.5b25.2x22.3x2x
Sat, 29 Apr 2023CA$33.1bCA$16.5bCA$1.5b23.1x22.2x2x
Price to Earnings Ratio

22.2x


Total Market Cap: CA$33.1bTotal Earnings: CA$1.5bTotal Revenue: CA$16.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 20.5x202420252026
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 13.7x which is lower than its 3-year average PE of 20.5x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 3.2% 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 Market-1.08%
Tech5.90%
IT3.71%
IT Consulting3.72%
Data Processing Services0%0
Internet Services and Infrastructure-1.30%
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$105.113.8%
+CA$814.7m		-28.1%PE13.5x
NERD Nerds on SiteCA$0.03516.7%
+CA$458.2k		16.7%PS0.2x

Latest News

GIB.A
CA$105.11
CGI
7D
3.8%
1Y
-28.1%

GIB.A: Future Upside Will Rely On AI Led Public Sector Wins

Analyst price targets for CGI have been trimmed by about CA$1.50, as mixed recent Street research, including small target cuts from Canaccord and CIBC alongside a raise from TD Securities and fresh coverage from Scotiabank, contributes to slightly higher discount rate assumptions and a modestly lower future P/E in updated models. Analyst Commentary The latest batch of research on CGI points to a mixed but generally engaged analyst base, with some trimming targets and others lifting or initiating them, all while fine tuning valuation frameworks rather than making wholesale changes to the thesis.
HIDE
CA$0.59
Hydaway Digital
7D
-7.8%
1Y
n/a
ALYA
CA$1.38
Alithya Group
7D
-2.1%
1Y
-22.9%
NERD
CA$0.035
Nerds on Site
7D
16.7%
1Y
16.7%