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Canadian (TSX) IT Consulting Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies4
  • 7D-3.3%
  • 3M-1.5%
  • 1Y-31.0%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 3.3%, driven by a pullback from CGI of 3.3%. Meanwhile, Alithya Group actually outperformed within the industry, gaining 6.0% in the last week. However, the industry is down 31% over the past year. As for the next few years, earnings are expected to grow by 9.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Feb 2026CA$25.1bCA$16.8bCA$1.6b14.2x15.3x1.5x
Thu, 01 Jan 2026CA$27.8bCA$16.5bCA$1.6b15.1x17x1.7x
Sat, 29 Nov 2025CA$27.2bCA$16.5bCA$1.6b14x16.6x1.7x
Mon, 27 Oct 2025CA$27.2bCA$16.1bCA$1.7b30.5x15.9x1.7x
Wed, 24 Sep 2025CA$28.7bCA$16.1bCA$1.7b28.4x16.8x1.8x
Fri, 22 Aug 2025CA$29.2bCA$16.1bCA$1.7b30.2x17x1.8x
Sun, 20 Jul 2025CA$30.6bCA$15.7bCA$1.7b97.3x17.6x1.9x
Tue, 17 Jun 2025CA$32.9bCA$15.7bCA$1.7b101.1x19x2.1x
Thu, 15 May 2025CA$33.5bCA$15.7bCA$1.7b19x19.4x2.1x
Sat, 12 Apr 2025CA$32.1bCA$18.0bCA$1.5b18.2x20.7x1.8x
Mon, 10 Mar 2025CA$35.1bCA$18.0bCA$1.5b19.4x22.7x1.9x
Wed, 05 Feb 2025CA$39.4bCA$18.0bCA$1.6b21.8x25.3x2.2x
Fri, 03 Jan 2025CA$36.2bCA$17.8bCA$1.5b20.9x23.9x2x
Sun, 01 Dec 2024CA$36.5bCA$17.8bCA$1.5b21.1x24.1x2.1x
Tue, 29 Oct 2024CA$36.3bCA$17.7bCA$1.5b21.3x24.4x2x
Thu, 26 Sep 2024CA$35.7bCA$17.7bCA$1.5b20.7x24x2x
Sat, 24 Aug 2024CA$34.4bCA$17.7bCA$1.5b19.9x23.1x1.9x
Mon, 22 Jul 2024CA$33.9bCA$17.7bCA$1.6b20x21x1.9x
Wed, 19 Jun 2024CA$32.3bCA$17.7bCA$1.6b18.6x19.9x1.8x
Fri, 17 May 2024CA$33.7bCA$17.7bCA$1.6b19.7x21.1x1.9x
Sun, 14 Apr 2024CA$34.6bCA$17.8bCA$1.6b13.3x21.9x1.9x
Tue, 12 Mar 2024CA$37.7bCA$17.8bCA$1.6b14.3x23.9x2.1x
Thu, 08 Feb 2024CA$35.8bCA$17.8bCA$1.6b21.1x22.9x2x
Sat, 06 Jan 2024CA$32.9bCA$17.6bCA$1.5b19.4x21.3x1.9x
Mon, 04 Dec 2023CA$33.3bCA$17.6bCA$1.5b19.8x21.5x1.9x
Wed, 01 Nov 2023CA$32.1bCA$17.2bCA$1.5b34.3x21x1.9x
Fri, 29 Sep 2023CA$32.0bCA$17.2bCA$1.5b34.7x21x1.9x
Sun, 27 Aug 2023CA$33.0bCA$17.2bCA$1.5b33.8x21.7x1.9x
Tue, 25 Jul 2023CA$32.5bCA$16.7bCA$1.5b22.3x21.8x2x
Thu, 22 Jun 2023CA$32.8bCA$16.7bCA$1.5b22.9x22x2x
Sat, 20 May 2023CA$34.1bCA$16.6bCA$1.5b23.6x22.6x2x
Mon, 17 Apr 2023CA$32.6bCA$16.0bCA$1.5b25.8x22.5x2x
Wed, 15 Mar 2023CA$30.4bCA$16.1bCA$1.5b22x20.9x1.9x
Fri, 10 Feb 2023CA$30.8bCA$16.1bCA$1.5b26.3x21.2x1.9x
Price to Earnings Ratio

21.2x


Total Market Cap: CA$30.8bTotal Earnings: CA$1.5bTotal Revenue: CA$16.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 21x202420252026
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 15.3x which is lower than its 3-year average PE of 21.0x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 4.0% 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-2.83%
Tech-9.10%
IT-3.28%
IT Consulting-3.29%
Data Processing Services0%0
Internet Services and Infrastructure-0.68%
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$1.776.0%
+CA$10.0m		8.6%PS0.4x
HIDE Hydaway DigitalCA$0.3310.0%
+CA$753.9k		n/aPB11.8x

Latest News

GIB.A
CA$118.35
CGI
7D
-3.3%
1Y
-31.2%
NERD
CA$0.045
Nerds on Site
7D
-47.1%
1Y
-18.2%
ALYA
CA$1.77
Alithya Group
7D
6.0%
1Y
8.6%
HIDE
CA$0.33
Hydaway Digital
7D
10.0%
1Y
n/a
PVT
CA$1.75
Pivotree
7D
-3.8%
1Y
68.3%

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

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