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Canadian (TSX) IT Consulting Industry Analysis

UpdatedJul 02, 2026
DataAggregated Company Financials
Companies5
  • 7D3.7%
  • 3M-11.2%
  • 1Y-36.3%
  • YTDn/a

The IT Consulting industry is up 3.4% in the last week, with CGI up 3.7%. Meanwhile, Hydaway Digital actually underperformed within the industry, shrinking 12% in the last week. In the past year, the industry is down 36%. As for the next few years, earnings are expected to grow by 7.3% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Jul 2026CA$19.3bCA$16.9bCA$1.6b9.7x11.8x1.1x
Sat, 30 May 2026CA$19.7bCA$16.9bCA$1.7b10.4x11.9x1.2x
Mon, 27 Apr 2026CA$21.3bCA$16.8bCA$1.6b11.5x13x1.3x
Wed, 25 Mar 2026CA$21.8bCA$16.8bCA$1.6b12.8x13.3x1.3x
Fri, 20 Feb 2026CA$21.8bCA$16.8bCA$1.6b13x13.3x1.3x
Sun, 18 Jan 2026CA$27.6bCA$16.5bCA$1.6b15x16.9x1.7x
Tue, 16 Dec 2025CA$27.3bCA$16.5bCA$1.6b14.8x16.7x1.7x
Thu, 13 Nov 2025CA$26.6bCA$16.5bCA$1.7b29.2x16x1.6x
Sat, 11 Oct 2025CA$28.3bCA$16.1bCA$1.7b30.4x16.5x1.8x
Mon, 08 Sep 2025CA$29.8bCA$16.1bCA$1.7b28.1x17.4x1.8x
Wed, 06 Aug 2025CA$29.3bCA$16.1bCA$1.7b100.7x17.2x1.8x
Fri, 04 Jul 2025CA$32.1bCA$15.7bCA$1.7b103.7x18.5x2x
Sun, 01 Jun 2025CA$33.0bCA$15.7bCA$1.7b18.8x19.1x2.1x
Tue, 29 Apr 2025CA$33.0bCA$15.4bCA$1.7b18.9x19.1x2.1x
Thu, 27 Mar 2025CA$33.7bCA$18.0bCA$1.5b18.4x21.8x1.9x
Sat, 22 Feb 2025CA$37.2bCA$18.0bCA$1.6b20.6x23.8x2.1x
Mon, 20 Jan 2025CA$36.1bCA$17.8bCA$1.5b20.8x23.9x2x
Wed, 18 Dec 2024CA$36.3bCA$17.8bCA$1.5b20.9x24x2x
Fri, 15 Nov 2024CA$36.3bCA$17.8bCA$1.5b20x24.1x2x
Sun, 13 Oct 2024CA$36.9bCA$17.7bCA$1.5b21.4x24.8x2.1x
Tue, 10 Sep 2024CA$35.6bCA$17.7bCA$1.5b20.7x24x2x
Thu, 08 Aug 2024CA$33.6bCA$17.8bCA$1.6b19.6x20.5x1.9x
Sat, 06 Jul 2024CA$32.5bCA$17.7bCA$1.6b19x20.1x1.8x
Mon, 03 Jun 2024CA$31.9bCA$17.7bCA$1.6b18.7x20x1.8x
Wed, 01 May 2024CA$33.4bCA$17.8bCA$1.6b13x21.2x1.9x
Fri, 29 Mar 2024CA$35.7bCA$17.8bCA$1.6b13.7x22.7x2x
Sun, 25 Feb 2024CA$37.3bCA$17.8bCA$1.6b22x23.8x2.1x
Tue, 23 Jan 2024CA$35.0bCA$17.6bCA$1.5b20.8x22.6x2x
Thu, 21 Dec 2023CA$34.7bCA$17.6bCA$1.5b20.3x22.4x2x
Sat, 18 Nov 2023CA$33.8bCA$17.6bCA$1.5b19.8x21.8x1.9x
Mon, 16 Oct 2023CA$32.1bCA$17.2bCA$1.5b33.4x21.1x1.9x
Wed, 13 Sep 2023CA$33.7bCA$17.2bCA$1.5b36.3x22.1x2x
Fri, 11 Aug 2023CA$32.9bCA$17.1bCA$1.5b33.1x21.6x1.9x
Sun, 09 Jul 2023CA$33.5bCA$16.7bCA$1.5b22.9x22.4x2x
Price to Earnings Ratio

22.4x


Total Market Cap: CA$33.5bTotal Earnings: CA$1.5bTotal Revenue: CA$16.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 19.8x202420252026
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 11.6x which is lower than its 3-year average PE of 19.8x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 3.2% 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 Market0.037%
Tech0.78%
IT3.67%
IT Consulting3.70%
Data Processing Services0%0
Internet Services and Infrastructure-6.00%
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$91.673.7%
+CA$691.0m		-36.2%PE11.4x
ALYA Alithya GroupCA$1.002.0%
+CA$1.9m		-59.4%PS0.2x

Latest News

GIB.A
CA$91.67
CGI
7D
3.7%
1Y
-36.2%
PVT
CA$1.38
Pivotree
7D
-1.4%
1Y
11.3%
ALYA
CA$1.00
Alithya Group
7D
2.0%
1Y
-59.4%
Narrative Update • Jun 26

ALYA: Share Buybacks And Earnings Outlook May Support Future Upside Potential

Alithya Group's latest Narrative Update reflects a lower implied fair value and reduced analyst price targets, with several firms trimming expectations to a range around CA$1.25 to CA$1.50 as analysts factor in adjusted earnings revisions and more cautious assumptions on growth and margins. Analyst Commentary Analyst commentary on Alithya Group currently reflects a mix of cautious optimism and execution risk, with recent target cuts to around CA$1.25 to CA$1.50 linked to revised earnings forecasts and a reassessment of growth assumptions.
HIDE
CA$0.46
Hydaway Digital
7D
-11.5%
1Y
109.1%