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Canadian (TSX) IT Consulting Industry Analysis

UpdatedAug 05, 2026
DataAggregated Company Financials
Companies4
  • 7D4.2%
  • 3M15.0%
  • 1Y-22.1%
  • YTDn/a

In the last week, the IT Consulting industry is up 4.7%, with CGI up 9.6%. In the same time, Hydaway Digital was down 29%. However, the industry is down 22% over the past 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
Wed, 05 Aug 2026CA$21.1bCA$17.0bCA$1.7b10.4x12.5x1.2x
Fri, 03 Jul 2026CA$19.3bCA$16.9bCA$1.6b10x11.8x1.1x
Sun, 31 May 2026CA$20.4bCA$16.9bCA$1.7b10.4x12.3x1.2x
Tue, 28 Apr 2026CA$21.3bCA$16.8bCA$1.6b11.6x13x1.3x
Thu, 26 Mar 2026CA$21.2bCA$16.8bCA$1.6b12.8x12.9x1.3x
Sat, 21 Feb 2026CA$21.7bCA$16.8bCA$1.6b13x13.2x1.3x
Mon, 19 Jan 2026CA$27.6bCA$16.5bCA$1.6b15x16.9x1.7x
Wed, 17 Dec 2025CA$27.4bCA$16.5bCA$1.6b14.7x16.8x1.7x
Fri, 14 Nov 2025CA$26.8bCA$16.5bCA$1.7b28.5x16.2x1.6x
Sun, 12 Oct 2025CA$27.7bCA$16.1bCA$1.7b30.4x16.1x1.7x
Tue, 09 Sep 2025CA$29.8bCA$16.1bCA$1.7b27.9x17.4x1.8x
Thu, 07 Aug 2025CA$29.9bCA$16.1bCA$1.7b101.3x17.6x1.9x
Sat, 05 Jul 2025CA$32.2bCA$15.7bCA$1.7b96.6x18.5x2.1x
Mon, 02 Jun 2025CA$33.0bCA$15.7bCA$1.7b18.8x19.1x2.1x
Wed, 30 Apr 2025CA$33.1bCA$15.4bCA$1.7b19.1x19.2x2.1x
Fri, 28 Mar 2025CA$33.3bCA$18.0bCA$1.5b18.3x21.5x1.9x
Sun, 23 Feb 2025CA$37.2bCA$18.0bCA$1.6b20.6x23.8x2.1x
Tue, 21 Jan 2025CA$36.1bCA$17.8bCA$1.5b20.9x23.9x2x
Thu, 19 Dec 2024CA$36.3bCA$17.8bCA$1.5b20.6x24x2x
Sat, 16 Nov 2024CA$34.8bCA$17.8bCA$1.5b20.2x23.1x2x
Mon, 14 Oct 2024CA$36.9bCA$17.7bCA$1.5b21.4x24.8x2.1x
Wed, 11 Sep 2024CA$35.6bCA$17.7bCA$1.5b20.9x24x2x
Fri, 09 Aug 2024CA$33.8bCA$17.8bCA$1.6b19.5x20.5x1.9x
Sun, 07 Jul 2024CA$32.4bCA$17.7bCA$1.6b19x20x1.8x
Tue, 04 Jun 2024CA$31.9bCA$17.7bCA$1.6b18.7x20x1.8x
Thu, 02 May 2024CA$33.4bCA$17.8bCA$1.6b12.7x21.1x1.9x
Sat, 30 Mar 2024CA$35.8bCA$17.8bCA$1.6b13.7x22.7x2x
Mon, 26 Feb 2024CA$37.3bCA$17.8bCA$1.6b22x23.8x2.1x
Wed, 24 Jan 2024CA$35.0bCA$17.6bCA$1.5b20.9x22.6x2x
Fri, 22 Dec 2023CA$34.1bCA$17.6bCA$1.5b20.2x22x1.9x
Sun, 19 Nov 2023CA$33.8bCA$17.6bCA$1.5b19.8x21.8x1.9x
Tue, 17 Oct 2023CA$32.3bCA$17.2bCA$1.5b33.3x21.2x1.9x
Thu, 14 Sep 2023CA$33.5bCA$17.2bCA$1.5b36.2x22x2x
Sat, 12 Aug 2023CA$33.2bCA$17.2bCA$1.5b34.3x21.7x1.9x
Price to Earnings Ratio

21.7x


Total Market Cap: CA$33.2bTotal Earnings: CA$1.5bTotal Revenue: CA$17.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 19.5x202420252026
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 12.5x which is lower than its 3-year average PE of 19.5x.
  • 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 Market0.73%
Tech5.94%
IT4.18%
IT Consulting4.20%
Data Processing Services0%0
Internet Services and Infrastructure-4.27%
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
GIB.A CGICA$104.864.1%
+CA$350.1m		-21.9%PE12.4x
ALYA Alithya GroupCA$1.2522.5%
+CA$22.3m		-47.9%PS0.3x
PVT PivotreeCA$1.4810.4%
+CA$3.7m		11.3%PE8.5x

Latest News

GIB.A
CA$104.86
CGI
7D
4.1%
1Y
-21.9%
Narrative Update • Aug 04

GIB.A: Public Sector Contracts And AI Credentials Will Support Future Upside

The analyst price target for CGI has been adjusted from CA$147.00 to CA$150.00, reflecting mixed recent Street research in which some analysts raised their targets into the CA$108 to CA$120 range, while others reduced or maintained more cautious targets closer to CA$95 to CA$99. Analyst Commentary Recent Street commentary on CGI highlights a mix of optimism and caution, with bullish analysts pointing to upside potential in the stock while others flag valuation and execution risks.
ALYA
CA$1.25
Alithya Group
7D
22.5%
1Y
-47.9%
PVT
CA$1.48
Pivotree
7D
10.4%
1Y
11.3%
HIDE
CA$0.11
Hydaway Digital
7D
-31.3%
1Y
-26.7%
NERD
CA$0.035
Nerds on Site
7D
-22.2%
1Y
40.0%