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Canadian (TSX) IT Consulting Industry Analysis

UpdatedApr 11, 2026
DataAggregated Company Financials
Companies5
  • 7D-6.2%
  • 3M-26.0%
  • 1Y-31.7%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 6.2%, driven by CGI declining 6.3%. Overall the industry is down 32% in 12 months. As for the next few years, earnings are expected to grow by 9.2% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Wed, 26 Jul 2023CA$32.6bCA$16.7bCA$1.5b22.3x21.8x2x
Fri, 23 Jun 2023CA$32.8bCA$16.7bCA$1.5b22.8x22x2x
Sun, 21 May 2023CA$34.1bCA$16.6bCA$1.5b23.6x22.6x2x
Tue, 18 Apr 2023CA$32.3bCA$16.0bCA$1.4b25.4x22.3x2x
Price to Earnings Ratio

22.3x


Total Market Cap: CA$32.3bTotal Earnings: CA$1.4bTotal Revenue: CA$16.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 20.5x202420252026
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 12.7x which is lower than its 3-year average PE of 20.5x.
  • The 3-year average PS ratio of 1.9x 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 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 Market2.00%
Tech1.27%
IT-6.22%
IT Consulting-6.24%
Data Processing Services0%0
Internet Services and Infrastructure-0.69%
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$1.442.1%
+CA$2.9m		-11.1%PS0.3x
TTC Titan TechnologyCA$0.2525.0%
+CA$637.4k		n/an/a

Latest News

GIB.A
CA$96.51
CGI
7D
-6.3%
1Y
-31.8%

GIB.A: Future Upside Will Rely On AI Led Public Sector Contracts

Analyst price targets on CGI have been adjusted in a mixed way, with some firms trimming their views by CA$5 to CA$7 and others lifting targets by CA$8, as analysts factor in modest tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent research updates on CGI reflect a split view, with some analysts trimming price targets and others lifting them as they recalibrate models for discount rates, revenue outlook, margins, and P/E assumptions.
PVT
CA$1.65
Pivotree
7D
-0.6%
1Y
65.0%
HIDE
CA$0.66
Hydaway Digital
7D
-5.7%
1Y
n/a
ALYA
CA$1.44
Alithya Group
7D
2.1%
1Y
-11.1%