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Canadian (TSX) Application Software Industry Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies72
  • 7D-5.2%
  • 3M-20.0%
  • 1Y-36.5%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 2.6%, driven by gains from Kinaxis of 1.0%. In the same time, Constellation Software was down 6.4%. In the past year, the industry is down 37%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the Canadian Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026CA$95.3bCA$25.8b-CA$182,128,972.7237.8x-523.5x3.7x
Sun, 08 Feb 2026CA$87.3bCA$25.0bCA$147.0m30.6x594.1x3.5x
Tue, 06 Jan 2026CA$113.7bCA$25.2bCA$131.7m37.9x863.3x4.5x
Thu, 04 Dec 2025CA$117.0bCA$25.4bCA$138.5m39.3x844.9x4.6x
Sat, 01 Nov 2025CA$124.9bCA$24.6bCA$228.6m54.4x546.4x5.1x
Mon, 29 Sep 2025CA$128.5bCA$24.5bCA$242.6m55.1x529.5x5.3x
Wed, 27 Aug 2025CA$150.7bCA$24.3bCA$235.4m49.4x640.2x6.2x
Fri, 25 Jul 2025CA$161.0bCA$23.2bCA$161.4m50.9x997.2x6.9x
Sun, 22 Jun 2025CA$155.6bCA$23.3bCA$176.0m38.7x884.2x6.7x
Tue, 20 May 2025CA$164.0bCA$23.5bCA$958.7m33.1x171.1x7x
Thu, 17 Apr 2025CA$147.6bCA$22.8bCA$475.4m28.1x310.4x6.5x
Sat, 15 Mar 2025CA$145.5bCA$23.5bCA$319.5m21.3x455.5x6.2x
Mon, 10 Feb 2025CA$157.8bCA$22.7b-CA$2,146,449,512.4421.8x-73.5x7x
Wed, 08 Jan 2025CA$144.9bCA$22.7b-CA$2,170,627,644.0323.3x-66.7x6.4x
Fri, 06 Dec 2024CA$156.2bCA$22.3b-CA$2,116,135,594.2524.3x-73.8x7x
Sun, 03 Nov 2024CA$139.8bCA$21.5b-CA$2,045,147,364.2621.9x-68.4x6.5x
Tue, 01 Oct 2024CA$141.7bCA$20.8b-CA$2,263,125,309.9322.5x-62.6x6.8x
Thu, 29 Aug 2024CA$139.7bCA$20.8b-CA$2,277,325,246.6824.1x-61.3x6.7x
Sat, 27 Jul 2024CA$142.1bCA$20.4b-CA$3,188,746,492.1145.3x-44.6x7x
Mon, 24 Jun 2024CA$128.1bCA$20.2b-CA$3,135,504,847.9534.2x-40.8x6.3x
Wed, 22 May 2024CA$126.6bCA$20.1b-CA$3,180,111,536.2935.8x-39.8x6.3x
Fri, 19 Apr 2024CA$126.1bCA$19.6b-CA$4,011,066,266.5135.1x-31.4x6.4x
Sun, 17 Mar 2024CA$120.1bCA$19.3b-CA$3,943,681,438.9622.3x-30.4x6.2x
Tue, 13 Feb 2024CA$116.9bCA$18.2b-CA$2,043,412,517.0022.4x-57.2x6.4x
Thu, 11 Jan 2024CA$113.2bCA$18.4b-CA$3,164,961,638.0027.5x-35.8x6.2x
Sat, 09 Dec 2023CA$110.3bCA$18.8b-CA$3,446,219,330.0025.8x-32x5.9x
Mon, 06 Nov 2023CA$97.8bCA$18.2b-CA$3,578,941,228.0054.6x-27.3x5.4x
Wed, 04 Oct 2023CA$95.1bCA$17.9b-CA$3,392,514,165.0042x-28x5.3x
Fri, 01 Sep 2023CA$98.5bCA$17.7b-CA$3,353,574,736.0044.7x-29.4x5.6x
Sun, 30 Jul 2023CA$97.8bCA$16.6b-CA$3,096,722,922.0060.5x-31.6x5.9x
Tue, 27 Jun 2023CA$94.0bCA$16.6b-CA$2,954,916,347.0059.7x-31.8x5.7x
Thu, 25 May 2023CA$92.3bCA$16.9b-CA$3,098,720,798.0066x-29.8x5.5x
Sat, 22 Apr 2023CA$93.3bCA$16.1b-CA$2,291,988,313.0028.9x-40.7x5.8x
Mon, 20 Mar 2023CA$84.6bCA$15.3b-CA$2,379,149,659.0027.6x-35.6x5.5x
Price to Earnings Ratio

-35.6x


Total Market Cap: CA$84.6bTotal Earnings: -CA$2,379,149,659.00Total Revenue: CA$15.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Application Software Industry Price to Earnings3Y Average 162.6x202420252026
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 3.9x.
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-2.19%
Tech-3.67%
Software-5.15%
Application Software-5.23%
Systems Software-3.23%
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
KXS KinaxisCA$135.941.0%
+CA$35.9m
-12.7%PE39x
DCBO DoceboCA$26.793.0%
+CA$22.1m
-35.9%PE15.1x
DSG Descartes Systems GroupCA$98.090.2%
+CA$20.9m
-30.1%PE37.8x
MIM MiMedia HoldingsCA$0.3430.8%
+CA$15.7m
-33.3%PS4185.8x
DGX Digi Power XCA$3.843.2%
+CA$7.9m
118.2%PS6x

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