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Canadian (TSX) IT Consulting Industry Analysis

UpdatedAug 20, 2026
DataAggregated Company Financials
Companies4
  • 7D0.4%
  • 3M13.5%
  • 1Y-21.3%
  • YTDn/a

In the last week, the IT Consulting industry is flat overall, with Alithya Group standing out by going down 13%. As for the longer term, the industry has declined 21% in the last year. Looking forward, earnings are forecast to grow by 7.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Aug 2026CA$20.9bCA$17.0bCA$1.7b16.6x12.3x1.2x
Sun, 19 Jul 2026CA$20.1bCA$16.9bCA$1.6b9.8x12.3x1.2x
Tue, 16 Jun 2026CA$19.7bCA$16.9bCA$1.6b9.9x12x1.2x
Thu, 14 May 2026CA$18.0bCA$16.9bCA$1.7b10.3x10.9x1.1x
Sat, 11 Apr 2026CA$20.9bCA$16.8bCA$1.6b11.3x12.7x1.2x
Mon, 09 Mar 2026CA$22.2bCA$16.8bCA$1.6b13.3x13.5x1.3x
Wed, 04 Feb 2026CA$25.4bCA$16.8bCA$1.6b13.8x15.5x1.5x
Fri, 02 Jan 2026CA$27.7bCA$16.5bCA$1.6b15.1x17x1.7x
Sun, 30 Nov 2025CA$27.2bCA$16.5bCA$1.6b14x16.7x1.7x
Tue, 28 Oct 2025CA$27.2bCA$16.1bCA$1.7b29.9x15.9x1.7x
Thu, 25 Sep 2025CA$28.0bCA$16.1bCA$1.7b28.5x16.3x1.7x
Sat, 23 Aug 2025CA$29.3bCA$16.1bCA$1.7b30.8x17.1x1.8x
Mon, 21 Jul 2025CA$30.6bCA$15.7bCA$1.7b97.3x17.6x1.9x
Wed, 18 Jun 2025CA$33.1bCA$15.7bCA$1.7b97.5x19.1x2.1x
Fri, 16 May 2025CA$33.4bCA$15.7bCA$1.7b19.2x19.3x2.1x
Sun, 13 Apr 2025CA$33.1bCA$18.0bCA$1.5b18.2x21.4x1.8x
Tue, 11 Mar 2025CA$35.1bCA$18.0bCA$1.5b19.4x22.7x1.9x
Thu, 06 Feb 2025CA$38.8bCA$18.0bCA$1.6b22.2x24.8x2.2x
Sat, 04 Jan 2025CA$36.3bCA$17.8bCA$1.5b21.1x24x2x
Mon, 02 Dec 2024CA$36.5bCA$17.8bCA$1.5b21.1x24.1x2.1x
Wed, 30 Oct 2024CA$36.5bCA$17.7bCA$1.5b21.4x24.5x2.1x
Fri, 27 Sep 2024CA$35.6bCA$17.7bCA$1.5b21.1x23.9x2x
Sun, 25 Aug 2024CA$34.5bCA$17.7bCA$1.5b19.9x23.2x1.9x
Tue, 23 Jul 2024CA$33.9bCA$17.7bCA$1.6b20.3x21x1.9x
Thu, 20 Jun 2024CA$31.6bCA$17.7bCA$1.6b18.5x19.5x1.8x
Sat, 18 May 2024CA$33.8bCA$17.7bCA$1.6b19.8x21.2x1.9x
Mon, 15 Apr 2024CA$34.4bCA$17.8bCA$1.6b13.3x21.8x1.9x
Wed, 13 Mar 2024CA$37.7bCA$17.8bCA$1.6b14.3x23.9x2.1x
Fri, 09 Feb 2024CA$35.8bCA$17.8bCA$1.6b21.6x22.9x2x
Sun, 07 Jan 2024CA$32.7bCA$17.6bCA$1.5b19.4x21.1x1.9x
Tue, 05 Dec 2023CA$33.3bCA$17.6bCA$1.5b19.9x21.5x1.9x
Thu, 02 Nov 2023CA$32.1bCA$17.2bCA$1.5b34.2x21x1.9x
Sat, 30 Sep 2023CA$32.0bCA$17.2bCA$1.5b34.5x21x1.9x
Mon, 28 Aug 2023CA$33.0bCA$17.2bCA$1.5b33.8x21.7x1.9x
Price to Earnings Ratio

21.7x


Total Market Cap: CA$33.0bTotal Earnings: CA$1.5bTotal Revenue: CA$17.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 19.4x202420252026
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 12.3x which is lower than its 3-year average PE of 19.4x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 3.6% 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-0.78%
Tech-3.52%
IT0.40%
IT Consulting0.41%
Data Processing Services0%0
Internet Services and Infrastructure-2.08%
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$0.114.8%
+CA$179.7k		-21.4%PB8.5x

Latest News

PVT
CA$1.14
Pivotree
7D
-19.7%
1Y
-20.8%
GIB.A
CA$102.36
CGI
7D
-1.6%
1Y
-22.4%
ALYA
CA$1.08
Alithya Group
7D
-1.8%
1Y
-41.3%
Narrative Update • Aug 16

ALYA: Execution Turnaround And Buybacks May Drive Future Upside Potential

Analysts have reduced the fair value estimate for Alithya Group from CA$1.70 to CA$1.45. This change reflects lower price targets and growing concern about extended sales cycles, weaker revenue visibility, and uncertainty around the timing of any return to revenue growth.
HIDE
CA$0.11
Hydaway Digital
7D
4.8%
1Y
-21.4%