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Canadian (TSX) Application Software Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies71
  • 7D-11.7%
  • 3M-27.7%
  • 1Y-42.5%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 12%, driven by Constellation Software declining 13%. Overall the industry is down 43% in 12 months. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Feb 2026CA$92.0bCA$25.0bCA$108.5m35.7x847.9x3.7x
Thu, 01 Jan 2026CA$116.1bCA$25.1bCA$130.5m38.4x889.6x4.6x
Sat, 29 Nov 2025CA$120.1bCA$25.5bCA$125.8m44.7x954.3x4.7x
Mon, 27 Oct 2025CA$133.2bCA$24.6bCA$234.6m55.9x567.6x5.4x
Wed, 24 Sep 2025CA$144.8bCA$24.3bCA$239.9m58.3x603.5x5.9x
Fri, 22 Aug 2025CA$146.6bCA$24.4bCA$230.8m46.3x635.1x6x
Sun, 20 Jul 2025CA$165.1bCA$23.3bCA$166.1m53.3x993.6x7.1x
Tue, 17 Jun 2025CA$154.9bCA$23.1bCA$171.5m38.3x903.1x6.7x
Thu, 15 May 2025CA$159.8bCA$23.5bCA$1.0b31.1x159.1x6.8x
Sat, 12 Apr 2025CA$139.2bCA$22.9bCA$470.1m24.1x296.1x6.1x
Mon, 10 Mar 2025CA$154.7bCA$23.7bCA$314.2m22.1x492.4x6.5x
Wed, 05 Feb 2025CA$155.3bCA$22.7b-CA$2,169,960,617.7621.8x-71.6x6.8x
Fri, 03 Jan 2025CA$146.9bCA$22.8b-CA$2,179,734,596.0523.3x-67.4x6.4x
Sun, 01 Dec 2024CA$155.5bCA$22.2b-CA$2,127,599,213.5032.9x-73.1x7x
Tue, 29 Oct 2024CA$139.5bCA$21.3b-CA$2,316,103,808.7922.3x-60.2x6.6x
Thu, 26 Sep 2024CA$141.9bCA$20.7b-CA$2,258,149,410.2424x-62.8x6.8x
Sat, 24 Aug 2024CA$138.7bCA$20.8b-CA$2,282,725,479.9222.9x-60.8x6.7x
Mon, 22 Jul 2024CA$138.4bCA$20.3b-CA$3,170,337,888.7645.4x-43.7x6.8x
Wed, 19 Jun 2024CA$128.2bCA$20.2b-CA$3,139,340,589.4134.3x-40.8x6.3x
Fri, 17 May 2024CA$125.1bCA$20.0b-CA$3,231,073,100.5036.7x-38.7x6.3x
Sun, 14 Apr 2024CA$126.7bCA$19.6b-CA$3,999,170,860.4221.9x-31.7x6.5x
Tue, 12 Mar 2024CA$121.6bCA$19.2b-CA$3,925,674,293.0524.6x-31x6.3x
Thu, 08 Feb 2024CA$116.8bCA$18.2b-CA$3,086,960,907.1624.1x-37.8x6.4x
Sat, 06 Jan 2024CA$109.9bCA$18.3b-CA$3,161,581,662.0026.7x-34.7x6x
Mon, 04 Dec 2023CA$108.0bCA$18.5b-CA$3,364,440,851.0027.8x-32.1x5.8x
Wed, 01 Nov 2023CA$94.2bCA$18.1b-CA$3,426,885,910.0054.1x-27.5x5.2x
Fri, 29 Sep 2023CA$95.2bCA$17.7b-CA$3,358,123,341.0042.3x-28.3x5.4x
Sun, 27 Aug 2023CA$96.9bCA$17.9b-CA$3,375,160,498.0043.4x-28.7x5.4x
Tue, 25 Jul 2023CA$99.6bCA$16.6b-CA$3,084,148,099.0062.1x-32.3x6x
Thu, 22 Jun 2023CA$94.8bCA$16.6b-CA$2,956,464,125.0060.3x-32.1x5.7x
Sat, 20 May 2023CA$95.9bCA$16.8b-CA$2,169,296,372.0051.7x-44.2x5.7x
Mon, 17 Apr 2023CA$93.4bCA$15.6b-CA$2,311,032,016.0031.2x-40.4x6x
Wed, 15 Mar 2023CA$83.7bCA$15.3b-CA$2,385,985,562.0028.1x-35.1x5.5x
Fri, 10 Feb 2023CA$85.3bCA$15.1b-CA$2,067,581,310.0029.7x-41.2x5.6x
Price to Earnings Ratio

-41.2x


Total Market Cap: CA$85.3bTotal Earnings: -CA$2,067,581,310.00Total Revenue: CA$15.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Application Software Industry Price to Earnings3Y Average 173.5x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Application Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 848x which is higher than its 3-year average PE of 173x.
  • The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • Total earnings for the Application Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 18% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Canadian Application Software compare with similar industries?

CA Market-2.83%
Tech-9.10%
Software-11.64%
Application Software-11.72%
Systems Software-9.70%
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
DCBO DoceboCA$26.874.0%
+CA$29.6m		-55.2%PE25x
ZOMD Zoomd TechnologiesCA$1.249.3%
+CA$10.6m		59.0%PE5.2x
IMP Intermap TechnologiesCA$1.818.4%
+CA$10.1m		-23.9%PS5.8x
URAI Inturai VenturesCA$0.3732.1%
+CA$10.0m		335.3%n/a
CTRL Edge Total IntelligenceCA$0.748.8%
+CA$5.3m		29.8%PS20x

Latest News

KXS
CA$133.66
Kinaxis
7D
-9.5%
1Y
-21.9%

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Feb 03
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LSPD
CA$14.56
Lightspeed Commerce
7D
-7.5%
1Y
-27.7%
DSG
CA$99.39
Descartes Systems Group
7D
-12.3%
1Y
-41.0%
DCBO
CA$26.87
Docebo
7D
4.0%
1Y
-55.2%
LMN
CA$21.93
Lumine Group
7D
-9.0%
1Y
-41.3%
SPAI
CA$0.94
Sparc Al
7D
17.5%
1Y
317.8%
CTRL
CA$0.74
Edge Total Intelligence
7D
8.8%
1Y
29.8%
BITF
CA$3.09
Bitfarms
7D
-13.4%
1Y
48.6%

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SYAI
CA$0.09
Syntheia
7D
20.0%
1Y
-35.7%
CSU
CA$2,454.25
Constellation Software
7D
-12.7%
1Y
-49.1%
IMP
CA$1.81
Intermap Technologies
7D
8.4%
1Y
-23.9%

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Jan 10
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TOI
CA$99.45
Topicus.com
7D
-10.9%
1Y
-27.9%

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Dec 20
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ABXX
CA$39.00
Abaxx Technologies
7D
-15.8%
1Y
259.1%
ZOMD
CA$1.24
Zoomd Technologies
7D
9.3%
1Y
59.0%
CLIP
CA$0.20
Clip Money
7D
11.1%
1Y
-16.7%
URAI
CA$0.37
Inturai Ventures
7D
32.1%
1Y
335.3%