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Canadian (TSX) IT Consulting Industry Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies5
  • 7D-3.2%
  • 3M-6.5%
  • 1Y-33.4%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 3.2%, driven by a pullback from CGI of 3.2%. In contrast, Hydaway Digital has gained 32%. The industry has fallen 33% in the last year. 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
Sun, 08 Feb 2026CA$24.3bCA$16.8bCA$1.6b14x14.8x1.4x
Tue, 06 Jan 2026CA$27.1bCA$16.5bCA$1.6b14.8x16.6x1.6x
Thu, 04 Dec 2025CA$27.2bCA$16.5bCA$1.6b14.3x16.6x1.6x
Sat, 01 Nov 2025CA$27.1bCA$16.1bCA$1.7b28.8x15.8x1.7x
Mon, 29 Sep 2025CA$27.3bCA$16.1bCA$1.7b28.6x15.9x1.7x
Wed, 27 Aug 2025CA$29.5bCA$16.1bCA$1.7b29.7x17.2x1.8x
Fri, 25 Jul 2025CA$31.2bCA$15.7bCA$1.7b105.8x18x2x
Sun, 22 Jun 2025CA$33.1bCA$15.7bCA$1.7b101.2x19.1x2.1x
Tue, 20 May 2025CA$33.8bCA$15.7bCA$1.7b19.3x19.6x2.2x
Thu, 17 Apr 2025CA$33.7bCA$18.0bCA$1.5b18.6x21.8x1.9x
Sat, 15 Mar 2025CA$33.8bCA$18.0bCA$1.5b19.1x21.8x1.9x
Mon, 10 Feb 2025CA$39.4bCA$18.0bCA$1.6b21.9x25.2x2.2x
Wed, 08 Jan 2025CA$36.1bCA$17.8bCA$1.5b20.6x23.8x2x
Fri, 06 Dec 2024CA$36.7bCA$17.8bCA$1.5b21.2x24.3x2.1x
Sun, 03 Nov 2024CA$35.9bCA$17.7bCA$1.5b21x24.1x2x
Tue, 01 Oct 2024CA$35.8bCA$17.7bCA$1.5b21x24.1x2x
Thu, 29 Aug 2024CA$34.9bCA$17.7bCA$1.5b20.2x23.4x2x
Sat, 27 Jul 2024CA$34.8bCA$17.7bCA$1.6b20.7x21.5x2x
Mon, 24 Jun 2024CA$31.8bCA$17.7bCA$1.6b18.7x19.7x1.8x
Wed, 22 May 2024CA$34.1bCA$17.7bCA$1.6b19.9x21.3x1.9x
Fri, 19 Apr 2024CA$34.3bCA$17.8bCA$1.6b13.2x21.7x1.9x
Sun, 17 Mar 2024CA$37.8bCA$17.8bCA$1.6b14.3x24x2.1x
Tue, 13 Feb 2024CA$36.6bCA$17.8bCA$1.6b21.4x23.4x2.1x
Thu, 11 Jan 2024CA$33.7bCA$17.6bCA$1.5b20.2x21.7x1.9x
Sat, 09 Dec 2023CA$33.9bCA$17.6bCA$1.5b20.2x21.9x1.9x
Mon, 06 Nov 2023CA$32.7bCA$17.2bCA$1.5b36.8x21.5x1.9x
Wed, 04 Oct 2023CA$32.1bCA$17.2bCA$1.5b34.5x21.1x1.9x
Fri, 01 Sep 2023CA$33.8bCA$17.2bCA$1.5b35.8x22.2x2x
Sun, 30 Jul 2023CA$31.3bCA$17.0bCA$1.5b21.7x20.3x1.8x
Tue, 27 Jun 2023CA$32.1bCA$16.7bCA$1.5b21.9x21.5x1.9x
Thu, 25 May 2023CA$33.1bCA$16.6bCA$1.5b22.9x22x2x
Sat, 22 Apr 2023CA$32.4bCA$16.0bCA$1.4b24.3x22.4x2x
Mon, 20 Mar 2023CA$30.4bCA$16.0bCA$1.4b25.4x21.1x1.9x
Wed, 15 Feb 2023CA$30.8bCA$16.1bCA$1.5b25.1x21.2x1.9x
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 14.8x 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 1.4x.
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 Market2.07%
Tech-1.10%
IT-3.24%
IT Consulting-3.25%
Data Processing Services0%0
Internet Services and Infrastructure-2.24%
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
HIDE Hydaway DigitalCA$0.4331.8%
+CA$2.6m		n/aPB15.6x
PVT PivotreeCA$1.813.4%
+CA$1.6m		79.2%PE13.6x

Latest News

HIDE
CA$0.43
Hydaway Digital
7D
31.8%
1Y
n/a
GIB.A
CA$112.92
CGI
7D
-3.2%
1Y
-33.7%

GIB.A: Future Returns Will Rely On Consistent Execution And Share Repurchases

Analysts have trimmed their price target on CGI to about $151 from $154, reflecting slightly lower assumed profit margins and P/E multiples, even as they factor in modestly higher revenue growth following a mix of target cuts and one increase in recent research updates. Analyst Commentary Recent research on CGI shows a split between analysts who see upside based on execution and those who are more cautious given growth mix and valuation assumptions.
NERD
CA$0.03
Nerds on Site
7D
-60.0%
1Y
-25.0%
ALYA
CA$1.64
Alithya Group
7D
-7.3%
1Y
0%
PVT
CA$1.81
Pivotree
7D
3.4%
1Y
79.2%

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