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- 7D-8.1%
- 3M-19.8%
- 1Y-36.4%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 11%, driven by Constellation Software declining 14%. In contrast, Bitfarms has gained 8.0%. The industry has fallen 39% in the last year. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Canadian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 18 Mar 2026 | CA$91.8b | CA$26.0b | -CA$186,226,529.54 | 37.3x | -493.2x | 3.5x |
| Fri, 13 Feb 2026 | CA$83.8b | CA$24.9b | CA$142.4m | 29.6x | 588.4x | 3.4x |
| Sun, 11 Jan 2026 | CA$116.8b | CA$25.4b | CA$135.6m | 39.5x | 861.5x | 4.6x |
| Tue, 09 Dec 2025 | CA$117.9b | CA$25.3b | CA$141.5m | 39.3x | 833.7x | 4.7x |
| Thu, 06 Nov 2025 | CA$121.7b | CA$24.7b | CA$254.4m | 54.1x | 478.4x | 4.9x |
| Sat, 04 Oct 2025 | CA$135.0b | CA$24.5b | CA$239.0m | 54.7x | 564.9x | 5.5x |
| Mon, 01 Sep 2025 | CA$151.9b | CA$24.1b | CA$228.8m | 60.6x | 664x | 6.3x |
| Wed, 30 Jul 2025 | CA$162.1b | CA$23.4b | CA$156.3m | 48.8x | 1037.3x | 6.9x |
| Fri, 27 Jun 2025 | CA$156.7b | CA$23.2b | CA$174.7m | 40.7x | 897.5x | 6.8x |
| Sun, 25 May 2025 | CA$157.8b | CA$23.2b | CA$191.3m | 34.3x | 825.1x | 6.8x |
| Tue, 22 Apr 2025 | CA$148.7b | CA$22.8b | CA$475.1m | 27.3x | 312.9x | 6.5x |
| Thu, 20 Mar 2025 | CA$144.7b | CA$23.5b | CA$317.9m | 22.9x | 455.2x | 6.2x |
| Sat, 15 Feb 2025 | CA$158.7b | CA$22.6b | -CA$2,081,163,812.04 | 21.2x | -76.3x | 7x |
| Mon, 13 Jan 2025 | CA$142.4b | CA$22.8b | -CA$2,180,671,594.03 | 23.3x | -65.3x | 6.2x |
| Wed, 11 Dec 2024 | CA$155.3b | CA$22.5b | -CA$2,135,270,737.23 | 25.2x | -72.7x | 6.9x |
| Fri, 08 Nov 2024 | CA$144.4b | CA$21.3b | -CA$2,029,336,613.61 | 23.1x | -71.1x | 6.8x |
| Sun, 06 Oct 2024 | CA$140.5b | CA$20.8b | -CA$2,270,467,663.46 | 22.4x | -61.9x | 6.7x |
| Tue, 03 Sep 2024 | CA$140.5b | CA$20.7b | -CA$2,262,336,057.33 | 22.6x | -62.1x | 6.8x |
| Thu, 01 Aug 2024 | CA$142.5b | CA$20.3b | -CA$3,163,339,123.62 | 43.2x | -45.1x | 7x |
| Sat, 29 Jun 2024 | CA$131.6b | CA$20.2b | -CA$3,150,881,119.02 | 41.9x | -41.8x | 6.5x |
| Mon, 27 May 2024 | CA$129.2b | CA$20.1b | -CA$3,171,368,309.64 | 38.5x | -40.7x | 6.4x |
| Wed, 24 Apr 2024 | CA$127.2b | CA$19.4b | -CA$3,983,683,677.67 | 35x | -31.9x | 6.5x |
| Fri, 22 Mar 2024 | CA$120.8b | CA$19.2b | -CA$3,929,320,165.84 | 22.2x | -30.8x | 6.3x |
| Sun, 18 Feb 2024 | CA$119.3b | CA$18.4b | -CA$1,918,703,365.20 | 22.2x | -62.2x | 6.5x |
| Tue, 16 Jan 2024 | CA$117.2b | CA$18.4b | -CA$3,174,729,844.00 | 28.2x | -36.9x | 6.4x |
| Thu, 14 Dec 2023 | CA$110.0b | CA$18.6b | -CA$3,279,382,109.00 | 25.9x | -33.6x | 5.9x |
| Sat, 11 Nov 2023 | CA$99.8b | CA$18.9b | -CA$3,436,196,029.00 | 46.2x | -29x | 5.3x |
| Mon, 09 Oct 2023 | CA$97.7b | CA$17.9b | -CA$3,390,245,663.00 | 43.9x | -28.8x | 5.5x |
| Wed, 06 Sep 2023 | CA$99.5b | CA$17.8b | -CA$3,305,663,465.00 | 44.9x | -30.1x | 5.6x |
| Fri, 04 Aug 2023 | CA$96.2b | CA$16.9b | -CA$2,982,815,631.00 | 43.9x | -32.2x | 5.7x |
| Sun, 02 Jul 2023 | CA$98.6b | CA$16.7b | -CA$2,925,907,034.00 | 62.8x | -33.7x | 5.9x |
| Tue, 30 May 2023 | CA$94.5b | CA$17.0b | -CA$3,097,828,206.00 | 71.3x | -30.5x | 5.6x |
| Thu, 27 Apr 2023 | CA$93.2b | CA$16.2b | -CA$2,302,931,646.00 | 35.7x | -40.5x | 5.7x |
| Sat, 25 Mar 2023 | CA$86.8b | CA$15.3b | -CA$2,419,304,417.00 | 27.1x | -35.9x | 5.7x |
Price to Earnings Ratio
-35.9x
Current Industry PE
- Investors are pessimistic on the Canadian Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have improved over the last three years.
- Revenues for these companies have grown 19% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Canadian Application Software compare with similar industries?
| CA Market | -1.22% | |
| Tech | -3.92% | |
| Software | -8.00% | |
| Application Software | -8.12% | |
| Systems Software | -4.83% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DSG Descartes Systems Group | CA$97.37 | 2.3% +CA$194.5m | -31.4% | PE37.3x | |
| BITF Bitfarms | CA$3.24 | 10.6% +CA$186.8m | 123.4% | PS5.2x | |
| HIVE HIVE Digital Technologies | CA$3.06 | 9.3% +CA$65.8m | 31.9% | PS2.2x | |
| DCBO Docebo | CA$27.25 | 7.3% +CA$53.2m | -35.9% | PE15.3x | |
| ABXX Abaxx Technologies | CA$38.86 | 3.6% +CA$50.6m | 289.8% | PS1757.2x |
