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- 7D-11.3%
- 3M-21.0%
- 1Y-38.8%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 11%, driven by Constellation Software declining 15%. On the other hand Bitfarms is actually up 11%. Overall the industry is down 39% in 12 months. Earnings are forecast to grow by 25% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 16 Mar 2026 | CA$90.9b | CA$26.0b | -CA$186,787,291.39 | 38.1x | -486.8x | 3.5x |
| Wed, 11 Feb 2026 | CA$88.1b | CA$24.8b | CA$144.6m | 31.6x | 608.9x | 3.5x |
| Fri, 09 Jan 2026 | CA$114.8b | CA$25.3b | CA$134.2m | 39x | 855.4x | 4.5x |
| Sun, 07 Dec 2025 | CA$117.9b | CA$25.2b | CA$145.4m | 39.5x | 811x | 4.7x |
| Tue, 04 Nov 2025 | CA$127.5b | CA$24.6b | CA$228.1m | 54.4x | 559.1x | 5.2x |
| Thu, 02 Oct 2025 | CA$131.8b | CA$24.5b | CA$238.6m | 53.1x | 552.5x | 5.4x |
| Sat, 30 Aug 2025 | CA$149.5b | CA$24.1b | CA$226.2m | 61.5x | 660.9x | 6.2x |
| Mon, 28 Jul 2025 | CA$163.9b | CA$23.3b | CA$163.2m | 51.6x | 1004.3x | 7x |
| Wed, 25 Jun 2025 | CA$158.7b | CA$23.3b | CA$176.4m | 39.8x | 899.6x | 6.8x |
| Fri, 23 May 2025 | CA$158.8b | CA$23.4b | CA$944.8m | 34.3x | 168.1x | 6.8x |
| Sun, 20 Apr 2025 | CA$148.7b | CA$22.8b | CA$474.6m | 26x | 313.3x | 6.5x |
| Tue, 18 Mar 2025 | CA$147.6b | CA$23.4b | CA$316.4m | 21.4x | 466.6x | 6.3x |
| Thu, 13 Feb 2025 | CA$156.8b | CA$22.7b | -CA$2,112,752,059.40 | 21.4x | -74.2x | 6.9x |
| Sat, 11 Jan 2025 | CA$144.2b | CA$22.8b | -CA$2,180,671,594.03 | 23.3x | -66.1x | 6.3x |
| Mon, 09 Dec 2024 | CA$155.4b | CA$22.5b | -CA$2,131,951,182.06 | 24.3x | -72.9x | 6.9x |
| Wed, 06 Nov 2024 | CA$140.7b | CA$21.3b | -CA$2,026,921,489.11 | 21.8x | -69.4x | 6.6x |
| Fri, 04 Oct 2024 | CA$140.9b | CA$20.8b | -CA$2,269,795,739.56 | 22.4x | -62.1x | 6.8x |
| Sun, 01 Sep 2024 | CA$140.5b | CA$20.7b | -CA$2,259,946,955.71 | 22.6x | -62.2x | 6.8x |
| Tue, 30 Jul 2024 | CA$145.3b | CA$20.4b | -CA$3,192,994,235.86 | 45.5x | -45.5x | 7.1x |
| Thu, 27 Jun 2024 | CA$130.0b | CA$20.2b | -CA$3,155,118,858.34 | 41.2x | -41.2x | 6.4x |
| Sat, 25 May 2024 | CA$126.6b | CA$20.1b | -CA$3,171,368,333.45 | 38.5x | -39.9x | 6.3x |
| Mon, 22 Apr 2024 | CA$124.4b | CA$19.5b | -CA$4,006,444,051.08 | 35.1x | -31x | 6.4x |
| Wed, 20 Mar 2024 | CA$119.6b | CA$19.3b | -CA$3,945,410,121.34 | 22.2x | -30.3x | 6.2x |
| Fri, 16 Feb 2024 | CA$118.9b | CA$18.3b | -CA$1,921,501,649.56 | 22.2x | -61.9x | 6.5x |
| Sun, 14 Jan 2024 | CA$116.3b | CA$18.4b | -CA$3,170,171,178.00 | 28.5x | -36.7x | 6.3x |
| Tue, 12 Dec 2023 | CA$110.8b | CA$18.7b | -CA$3,294,724,473.00 | 25.9x | -33.6x | 5.9x |
| Thu, 09 Nov 2023 | CA$98.6b | CA$18.3b | -CA$3,508,848,631.00 | 56.7x | -28.1x | 5.4x |
| Sat, 07 Oct 2023 | CA$97.7b | CA$17.9b | -CA$3,390,246,531.00 | 43.9x | -28.8x | 5.5x |
| Mon, 04 Sep 2023 | CA$100.0b | CA$17.8b | -CA$3,312,232,063.00 | 45.3x | -30.2x | 5.6x |
| Wed, 02 Aug 2023 | CA$98.7b | CA$16.7b | -CA$3,100,546,365.00 | 60.7x | -31.8x | 5.9x |
| Fri, 30 Jun 2023 | CA$97.2b | CA$16.7b | -CA$2,952,522,256.00 | 61.5x | -32.9x | 5.8x |
| Sun, 28 May 2023 | CA$94.8b | CA$17.0b | -CA$3,100,637,129.00 | 70.1x | -30.6x | 5.6x |
| Tue, 25 Apr 2023 | CA$93.3b | CA$16.1b | -CA$2,291,521,155.00 | 28.9x | -40.7x | 5.8x |
| Thu, 23 Mar 2023 | CA$85.6b | CA$15.3b | -CA$2,414,945,912.00 | 27.1x | -35.4x | 5.6x |
Price to Earnings Ratio
-35.4x
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 | -1.85% | |
| Tech | -7.32% | |
| Software | -11.09% | |
| Application Software | -11.34% | |
| Systems Software | -4.62% | |
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 | |
|---|---|---|---|---|---|
| BITF Bitfarms | CA$3.06 | 7.0% +CA$120.5m | 92.5% | PS4.9x | |
| DSG Descartes Systems Group | CA$99.52 | 1.4% +CA$119.0m | -30.5% | PE38.1x | |
| HIVE HIVE Digital Technologies | CA$2.93 | 4.3% +CA$30.4m | 17.7% | PS2.1x | |
| SPAI Sparc Al | CA$2.15 | 53.6% +CA$17.5m | 726.9% | PB206.1x | |
| ACT Aduro Clean Technologies | CA$15.25 | 2.6% +CA$12.7m | 106.4% | PS1675.5x |
