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Canadian (TSX) IT Consulting Industry Analysis

UpdatedJan 21, 2026
DataAggregated Company Financials
Companies4
  • 7D-7.3%
  • 3M-1.6%
  • 1Y-23.7%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 2.3%, driven by a pullback from CGI of 3.3%. Meanwhile, Nerds on Site actually outperformed within the industry, gaining 29% in the last week. Overall the industry is down 18% in 12 months. 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
Wed, 21 Jan 2026CA$27.4bCA$16.5bCA$1.6b14.6x16.8x1.7x
Fri, 19 Dec 2025CA$27.8bCA$16.5bCA$1.6b15x17x1.7x
Sun, 16 Nov 2025CA$26.6bCA$16.5bCA$1.6b14.2x16.3x1.6x
Tue, 14 Oct 2025CA$27.7bCA$16.1bCA$1.7b30.4x16.1x1.7x
Thu, 11 Sep 2025CA$29.5bCA$16.1bCA$1.7b27.9x17.2x1.8x
Sat, 09 Aug 2025CA$29.1bCA$16.1bCA$1.7b103x17.1x1.8x
Mon, 07 Jul 2025CA$32.2bCA$15.7bCA$1.7b96.6x18.5x2.1x
Wed, 04 Jun 2025CA$33.0bCA$15.7bCA$1.7b18.5x19x2.1x
Fri, 02 May 2025CA$32.7bCA$15.7bCA$1.7b18.4x18.9x2.1x
Sun, 30 Mar 2025CA$32.8bCA$18.0bCA$1.5b18.1x21.2x1.8x
Tue, 25 Feb 2025CA$37.2bCA$18.0bCA$1.6b20.6x23.8x2.1x
Thu, 23 Jan 2025CA$36.5bCA$17.8bCA$1.5b21.3x24.1x2.1x
Sat, 21 Dec 2024CA$36.2bCA$17.8bCA$1.5b21x23.9x2x
Mon, 18 Nov 2024CA$35.0bCA$17.8bCA$1.5b20.2x23.1x2x
Wed, 16 Oct 2024CA$37.0bCA$17.7bCA$1.5b21.5x24.8x2.1x
Fri, 13 Sep 2024CA$36.2bCA$17.7bCA$1.5b21.1x24.3x2x
Sun, 11 Aug 2024CA$34.1bCA$17.7bCA$1.5b19.8x22.9x1.9x
Tue, 09 Jul 2024CA$32.4bCA$17.7bCA$1.6b19x20x1.8x
Thu, 06 Jun 2024CA$32.2bCA$17.7bCA$1.6b19.1x20.2x1.8x
Sat, 04 May 2024CA$33.2bCA$17.8bCA$1.6b13x20.9x1.9x
Mon, 01 Apr 2024CA$35.8bCA$17.8bCA$1.6b13.7x22.7x2x
Wed, 28 Feb 2024CA$37.2bCA$17.8bCA$1.6b22x23.7x2.1x
Fri, 26 Jan 2024CA$35.1bCA$17.6bCA$1.5b21x22.7x2x
Sun, 24 Dec 2023CA$34.0bCA$17.6bCA$1.5b20.2x22x1.9x
Tue, 21 Nov 2023CA$33.3bCA$17.6bCA$1.5b19.8x21.5x1.9x
Thu, 19 Oct 2023CA$32.3bCA$17.2bCA$1.5b30.6x21.2x1.9x
Sat, 16 Sep 2023CA$33.5bCA$17.2bCA$1.5b37.1x22x2x
Mon, 14 Aug 2023CA$33.2bCA$17.2bCA$1.5b34.3x21.6x1.9x
Wed, 12 Jul 2023CA$33.6bCA$16.7bCA$1.5b23.7x22.5x2x
Fri, 09 Jun 2023CA$33.3bCA$16.7bCA$1.5b23.8x22.3x2x
Sun, 07 May 2023CA$32.4bCA$16.5bCA$1.5b23.2x21.6x2x
Tue, 04 Apr 2023CA$31.8bCA$16.0bCA$1.4b25.8x22x2x
Thu, 02 Mar 2023CA$30.3bCA$16.1bCA$1.5b22.4x20.8x1.9x
Sat, 28 Jan 2023CA$28.3bCA$15.7bCA$1.4b25.1x19.6x1.8x
Price to Earnings Ratio

19.6x


Total Market Cap: CA$28.3bTotal 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 16.9x 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 Market0.26%
Tech-10.09%
IT-7.32%
IT Consulting-7.35%
Internet Services and Infrastructure6.33%
Data Processing Services0%0
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$0.275.9%
+CA$377.0k
n/aPB9.7x

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