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Canadian (TSX) IT Consulting Industry Analysis

UpdatedJul 27, 2026
DataAggregated Company Financials
Companies4
  • 7D-1.9%
  • 3M-6.8%
  • 1Y-32.6%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 1.9%, driven by CGI declining 1.9%. Overall the industry is down 33% in 12 months. As for the next few years, earnings are expected to grow by 7.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Jul 2026CA$19.7bCA$16.9bCA$1.6b9.6x12x1.2x
Wed, 24 Jun 2026CA$18.3bCA$16.9bCA$1.6b9.5x11.2x1.1x
Fri, 22 May 2026CA$19.0bCA$16.9bCA$1.7b10.1x11.5x1.1x
Sun, 19 Apr 2026CA$22.4bCA$16.8bCA$1.6b11.8x13.7x1.3x
Tue, 17 Mar 2026CA$21.1bCA$16.8bCA$1.6b12.8x12.9x1.3x
Thu, 12 Feb 2026CA$23.6bCA$16.8bCA$1.6b13.2x14.4x1.4x
Sat, 10 Jan 2026CA$28.3bCA$16.5bCA$1.6b15.4x17.3x1.7x
Mon, 08 Dec 2025CA$27.9bCA$16.5bCA$1.6b14.5x17.1x1.7x
Wed, 05 Nov 2025CA$27.1bCA$16.1bCA$1.7b27.8x15.8x1.7x
Fri, 03 Oct 2025CA$27.9bCA$16.1bCA$1.7b30.5x16.3x1.7x
Sun, 31 Aug 2025CA$29.7bCA$16.1bCA$1.7b29.2x17.3x1.8x
Tue, 29 Jul 2025CA$31.1bCA$15.7bCA$1.7b105.4x17.9x2x
Thu, 26 Jun 2025CA$32.5bCA$15.7bCA$1.7b103.4x18.7x2.1x
Sat, 24 May 2025CA$33.1bCA$15.7bCA$1.7b18.6x19.1x2.1x
Mon, 21 Apr 2025CA$34.0bCA$18.0bCA$1.5b18.8x22x1.9x
Wed, 19 Mar 2025CA$34.6bCA$18.0bCA$1.5b19x22.4x1.9x
Fri, 14 Feb 2025CA$39.9bCA$18.0bCA$1.6b22.4x25.6x2.2x
Sun, 12 Jan 2025CA$35.8bCA$15.2bCA$1.7b20.7x21.4x2.4x
Tue, 10 Dec 2024CA$36.8bCA$17.8bCA$1.5b21.5x24.3x2.1x
Thu, 07 Nov 2024CA$35.9bCA$17.7bCA$1.5b21.2x24.2x2x
Sat, 05 Oct 2024CA$36.5bCA$17.7bCA$1.5b21x24.6x2.1x
Mon, 02 Sep 2024CA$35.3bCA$17.7bCA$1.5b20.5x23.7x2x
Wed, 31 Jul 2024CA$34.9bCA$17.7bCA$1.6b20.7x21.5x2x
Fri, 28 Jun 2024CA$32.2bCA$17.7bCA$1.6b18.9x19.9x1.8x
Sun, 26 May 2024CA$33.8bCA$17.7bCA$1.6b19.8x21.2x1.9x
Tue, 23 Apr 2024CA$34.3bCA$17.8bCA$1.6b13.2x21.7x1.9x
Thu, 21 Mar 2024CA$38.1bCA$17.8bCA$1.6b14.4x24.1x2.1x
Sat, 17 Feb 2024CA$37.1bCA$17.8bCA$1.6b21.7x23.6x2.1x
Mon, 15 Jan 2024CA$34.4bCA$17.6bCA$1.5b20.4x22.2x2x
Wed, 13 Dec 2023CA$34.4bCA$17.6bCA$1.5b20.4x22.2x2x
Fri, 10 Nov 2023CA$32.5bCA$17.4bCA$1.6b38.1x20.6x1.9x
Sun, 08 Oct 2023CA$32.5bCA$17.2bCA$1.5b34.4x21.4x1.9x
Tue, 05 Sep 2023CA$33.9bCA$17.2bCA$1.5b35.6x22.2x2x
Thu, 03 Aug 2023CA$31.9bCA$17.0bCA$1.5b21.4x20.7x1.9x
Price to Earnings Ratio

20.7x


Total Market Cap: CA$31.9bTotal Earnings: CA$1.5bTotal Revenue: CA$17.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 19.6x202420252026
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 12.0x which is lower than its 3-year average PE of 19.6x.
  • 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 2.0% 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 Market0.56%
Tech-2.25%
IT-1.88%
IT Consulting-1.87%
Data Processing Services0%0
Internet Services and Infrastructure-6.07%
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
ALYA Alithya GroupCA$1.002.0%
+CA$1.9m		-60.3%PS0.2x
HIDE Hydaway DigitalCA$0.173.0%
+CA$179.7k		3.0%PB13.1x

Latest News

ALYA
CA$1.00
Alithya Group
7D
2.0%
1Y
-60.3%
Narrative Update • Jul 24

ALYA: Earnings Execution And Share Buybacks Will Support Upside Potential

Alithya Group’s updated analyst price target now sits at CA$1.25 to CA$1.50, reflecting a reduction from prior levels as analysts factor in lower long term fair value estimates, along with revised earnings expectations following fiscal Q4 results that showed stronger adjusted EPS but softer revenue. Analyst Commentary Recent commentary on Alithya Group highlights a mixed but still constructive stance from bullish analysts, who are adjusting valuation frameworks after the latest fiscal Q4 results.
GIB.A
CA$93.59
CGI
7D
-2.5%
1Y
-31.8%
Narrative Update • Jul 20

GIB.A: Share Repurchases And Public Sector Wins Will Support Future Upside

The analyst fair value estimate for CGI has been revised down from about CA$183.39 to CA$147.00. This change reflects a series of reduced Street price targets and more measured assumptions on revenue growth and valuation multiples.
HIDE
CA$0.17
Hydaway Digital
7D
3.0%
1Y
3.0%
PVT
CA$1.32
Pivotree
7D
-0.8%
1Y
0.8%
NERD
CA$0.045
Nerds on Site
7D
-10.0%
1Y
50.0%