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Canadian (TSX) IT Consulting Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies4
  • 7D3.0%
  • 3M7.3%
  • 1Y-15.2%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has risen 4.3%, driven by gains from CGI of 4.3%. However, the industry is down 16% over the past year. Looking forward, earnings are forecast to grow by 9.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026CA$28.1bCA$16.5bCA$1.6b15.5x17.2x1.7x
Sat, 13 Dec 2025CA$27.2bCA$16.5bCA$1.6b14.8x16.6x1.7x
Mon, 10 Nov 2025CA$26.4bCA$16.5bCA$1.7b27.3x15.9x1.6x
Wed, 08 Oct 2025CA$28.3bCA$16.1bCA$1.7b31.8x16.5x1.8x
Fri, 05 Sep 2025CA$29.6bCA$16.1bCA$1.7b28.1x17.3x1.8x
Sun, 03 Aug 2025CA$29.3bCA$16.1bCA$1.7b98.6x17.2x1.8x
Tue, 01 Jul 2025CA$31.7bCA$15.7bCA$1.7b102.7x18.3x2x
Thu, 29 May 2025CA$33.4bCA$15.7bCA$1.7b18.9x19.3x2.1x
Sat, 26 Apr 2025CA$33.0bCA$15.4bCA$1.7b18.8x19.2x2.1x
Mon, 24 Mar 2025CA$33.0bCA$18.0bCA$1.5b18.3x21.4x1.8x
Wed, 19 Feb 2025CA$39.5bCA$18.0bCA$1.6b21.9x25.3x2.2x
Fri, 17 Jan 2025CA$35.8bCA$17.8bCA$1.5b20.8x23.6x2x
Sun, 15 Dec 2024CA$37.0bCA$17.8bCA$1.5b21.3x24.4x2.1x
Tue, 12 Nov 2024CA$35.7bCA$17.9bCA$1.5b20.6x23.7x2x
Thu, 10 Oct 2024CA$36.3bCA$17.7bCA$1.5b21.4x24.4x2x
Sat, 07 Sep 2024CA$35.3bCA$17.7bCA$1.5b20.5x23.7x2x
Mon, 05 Aug 2024CA$35.0bCA$17.8bCA$1.6b20.4x21.3x2x
Wed, 03 Jul 2024CA$32.0bCA$17.7bCA$1.6b19.1x19.7x1.8x
Fri, 31 May 2024CA$31.8bCA$17.7bCA$1.6b18.6x19.9x1.8x
Sun, 28 Apr 2024CA$33.8bCA$17.8bCA$1.6b13.1x21.4x1.9x
Tue, 26 Mar 2024CA$36.3bCA$17.8bCA$1.6b13.6x23x2x
Thu, 22 Feb 2024CA$36.3bCA$17.8bCA$1.6b21.1x23.2x2x
Sat, 20 Jan 2024CA$34.7bCA$17.6bCA$1.5b20.8x22.4x2x
Mon, 18 Dec 2023CA$34.3bCA$17.6bCA$1.5b20.4x22.2x1.9x
Wed, 15 Nov 2023CA$33.1bCA$17.4bCA$1.6b42.7x21x1.9x
Fri, 13 Oct 2023CA$33.1bCA$17.2bCA$1.5b33.9x21.7x1.9x
Sun, 10 Sep 2023CA$33.4bCA$17.2bCA$1.5b35.7x21.9x1.9x
Tue, 08 Aug 2023CA$32.1bCA$17.0bCA$1.5b22.2x20.8x1.9x
Thu, 06 Jul 2023CA$33.5bCA$16.7bCA$1.5b23.4x22.4x2x
Sat, 03 Jun 2023CA$34.1bCA$16.6bCA$1.5b24.7x22.7x2.1x
Mon, 01 May 2023CA$33.1bCA$16.5bCA$1.5b23.1x22.2x2x
Wed, 29 Mar 2023CA$30.9bCA$16.0bCA$1.4b25.5x21.4x1.9x
Fri, 24 Feb 2023CA$30.5bCA$16.1bCA$1.5b23x21x1.9x
Sun, 22 Jan 2023CA$29.2bCA$15.7bCA$1.4b24.7x20.2x1.9x
Price to Earnings Ratio

20.2x


Total Market Cap: CA$29.2bTotal Earnings: CA$1.4bTotal Revenue: CA$15.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 21.1x202420252026
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 17.3x which is lower than its 3-year average PE of 21.1x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 4.3% 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 Market2.82%
Tech-1.94%
IT3.04%
IT Consulting3.05%
Data Processing Services0%0
Internet Services and Infrastructure-0.19%
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$131.373.1%
+CA$843.3m		-15.4%PE17x
NERD Nerds on SiteCA$0.0980.0%
+CA$3.7m		28.6%PS0.7x
HIDE Hydaway DigitalCA$0.2641.7%
+CA$1.9m		n/aPB9.1x
PVT PivotreeCA$1.871.1%
+CA$526.5k		96.8%PE14.1x

Latest News

NERD
CA$0.09
Nerds on Site
7D
80.0%
1Y
28.6%
GIB.A
CA$131.37
CGI
7D
3.1%
1Y
-15.4%

GIB.A: Future Returns Will Rely On Resilient Organic Execution In Weaker Markets

Analysts have trimmed their price targets on CGI to around C$149 and US$81. This reflects concerns about slower organic growth in certain regions and sectors, as well as the potential downside risk they see for consensus estimates into 2026.
HIDE
CA$0.26
Hydaway Digital
7D
41.7%
1Y
n/a
ALYA
CA$1.65
Alithya Group
7D
-4.1%
1Y
1.2%
PVT
CA$1.87
Pivotree
7D
1.1%
1Y
96.8%

Pivotree Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Nov 17
Pivotree Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions