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Canadian (TSX) IT Consulting Industry Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies5
  • 7D-10.1%
  • 3M-16.0%
  • 1Y-40.4%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 10%, driven by a pullback from CGI of 7.6%. Meanwhile, Hydaway Digital actually outperformed within the industry, gaining 14% in the last week. However, the industry is down 40% over the past 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
Mon, 16 Feb 2026CA$21.8bCA$16.8bCA$1.6b13x13.3x1.3x
Wed, 14 Jan 2026CA$28.4bCA$16.5bCA$1.6b15.4x17.4x1.7x
Fri, 12 Dec 2025CA$27.2bCA$16.5bCA$1.6b14.5x16.6x1.7x
Sun, 09 Nov 2025CA$26.4bCA$16.5bCA$1.7b27.3x15.9x1.6x
Tue, 07 Oct 2025CA$28.5bCA$16.1bCA$1.7b33.5x16.6x1.8x
Thu, 04 Sep 2025CA$29.6bCA$16.1bCA$1.7b28.4x17.3x1.8x
Sat, 02 Aug 2025CA$29.8bCA$16.1bCA$1.7b98.6x17.5x1.8x
Mon, 30 Jun 2025CA$31.7bCA$15.7bCA$1.7b102.9x18.3x2x
Wed, 28 May 2025CA$33.2bCA$15.7bCA$1.7b19x19.2x2.1x
Fri, 25 Apr 2025CA$32.7bCA$15.4bCA$1.7b18.9x19x2.1x
Sun, 23 Mar 2025CA$33.0bCA$18.0bCA$1.5b18.3x21.4x1.8x
Tue, 18 Feb 2025CA$39.5bCA$18.0bCA$1.6b22x25.3x2.2x
Thu, 16 Jan 2025CA$35.5bCA$17.8bCA$1.5b20.6x23.5x2x
Sat, 14 Dec 2024CA$36.9bCA$17.8bCA$1.5b21.4x24.4x2.1x
Mon, 11 Nov 2024CA$35.7bCA$17.9bCA$1.5b20.6x23.7x2x
Wed, 09 Oct 2024CA$35.9bCA$17.7bCA$1.5b21.1x24.1x2x
Fri, 06 Sep 2024CA$35.5bCA$17.7bCA$1.5b20.5x23.9x2x
Sun, 04 Aug 2024CA$35.0bCA$17.8bCA$1.6b20.4x21.3x2x
Tue, 02 Jul 2024CA$32.0bCA$17.7bCA$1.6b18.8x19.7x1.8x
Thu, 30 May 2024CA$33.3bCA$17.7bCA$1.6b19x20.8x1.9x
Sat, 27 Apr 2024CA$33.8bCA$17.8bCA$1.6b13.1x21.4x1.9x
Mon, 25 Mar 2024CA$36.3bCA$17.8bCA$1.6b13.8x23x2x
Wed, 21 Feb 2024CA$36.3bCA$17.8bCA$1.6b21.5x23.2x2x
Fri, 19 Jan 2024CA$34.6bCA$17.6bCA$1.5b20.6x22.4x2x
Sun, 17 Dec 2023CA$34.2bCA$17.6bCA$1.5b20.4x22.1x1.9x
Tue, 14 Nov 2023CA$33.1bCA$17.4bCA$1.6b39.2x21x1.9x
Thu, 12 Oct 2023CA$33.1bCA$17.2bCA$1.5b34.6x21.7x1.9x
Sat, 09 Sep 2023CA$33.4bCA$17.2bCA$1.5b35.7x21.9x1.9x
Mon, 07 Aug 2023CA$32.1bCA$17.0bCA$1.5b22.2x20.8x1.9x
Wed, 05 Jul 2023CA$33.3bCA$16.7bCA$1.5b23.2x22.3x2x
Fri, 02 Jun 2023CA$33.7bCA$16.6bCA$1.5b25x22.4x2x
Sun, 30 Apr 2023CA$33.1bCA$16.5bCA$1.5b23.1x22.2x2x
Tue, 28 Mar 2023CA$31.0bCA$16.0bCA$1.4b25.7x21.5x1.9x
Thu, 23 Feb 2023CA$30.7bCA$16.1bCA$1.5b23x21.1x1.9x
Price to Earnings Ratio

21.1x


Total Market Cap: CA$30.7bTotal 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 13.3x 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 1.3x.
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 Market1.92%
Tech-6.09%
IT-10.04%
IT Consulting-10.06%
Data Processing Services0%0
Internet Services and Infrastructure-3.60%
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$0.5614.3%
+CA$2.2m		n/aPB24.9x

Latest News

ALYA
CA$1.42
Alithya Group
7D
-16.5%
1Y
-24.9%
GIB.A
CA$101.55
CGI
7D
-7.6%
1Y
-40.5%
HIDE
CA$0.56
Hydaway Digital
7D
14.3%
1Y
n/a
PVT
CA$1.72
Pivotree
7D
-1.7%
1Y
57.8%

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