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

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 industry is trading at a PE ratio of 120x which is lower than its 3-year average PE of 161x. The 3-year average PS ratio of 5.7x is higher than the industry's current PS ratio of 3.8x.

How does Canadian Application Software compare with similar industries?

There are no additional sub-industries under this industry.

Canadian (TSX) Application Software Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 10 Sep 2026	CA$98.0b	CA$27.5b	CA$855.0m	35.7x	114.6x	3.6x
Sat, 08 Aug 2026	CA$107.6b	CA$27.0b	CA$901.2m	38.8x	119.4x	4x
Mon, 06 Jul 2026	CA$99.5b	CA$27.1b	CA$878.3m	25.3x	113.2x	3.7x
Wed, 03 Jun 2026	CA$107.5b	CA$26.5b	CA$846.5m	26.1x	127x	4.1x
Fri, 01 May 2026	CA$87.0b	CA$25.4b	-CA$138,838,579.21	35x	-626.7x	3.4x
Sun, 29 Mar 2026	CA$85.4b	CA$26.3b	-CA$210,283,800.03	33.2x	-406.3x	3.3x
Tue, 24 Feb 2026	CA$87.4b	CA$25.1b	-CA$75,506,318.84	34.7x	-1157.9x	3.5x
Thu, 22 Jan 2026	CA$99.6b	CA$25.3b	CA$128.6m	39.6x	775.1x	3.9x
Sat, 20 Dec 2025	CA$115.9b	CA$25.2b	CA$138.4m	40.1x	837.5x	4.6x
Mon, 17 Nov 2025	CA$114.2b	CA$25.4b	CA$217.5m	46.8x	525.2x	4.5x
Wed, 15 Oct 2025	CA$135.9b	CA$24.6b	CA$239.5m	56.1x	567.5x	5.5x
Fri, 12 Sep 2025	CA$149.5b	CA$24.3b	CA$235.6m	65.2x	634.5x	6.1x
Sun, 10 Aug 2025	CA$154.7b	CA$24.1b	CA$147.8m	49.3x	1046.7x	6.4x
Tue, 08 Jul 2025	CA$161.7b	CA$23.2b	CA$169.6m	40.4x	953x	7x
Thu, 05 Jun 2025	CA$161.0b	CA$23.2b	CA$175.9m	40.3x	915.3x	7x
Sat, 03 May 2025	CA$157.6b	CA$22.8b	CA$920.7m	32.2x	171.2x	6.9x
Mon, 31 Mar 2025	CA$145.6b	CA$23.5b	CA$431.7m	22.2x	337.3x	6.2x
Wed, 26 Feb 2025	CA$154.2b	CA$22.8b	-CA$2,098,257,934.54	25.5x	-73.5x	6.8x
Fri, 24 Jan 2025	CA$149.2b	CA$22.8b	-CA$2,169,010,491.08	25.2x	-68.8x	6.6x
Sun, 22 Dec 2024	CA$147.3b	CA$22.8b	-CA$2,170,585,493.32	26.1x	-67.9x	6.5x
Tue, 19 Nov 2024	CA$146.9b	CA$22.3b	-CA$2,152,579,480.04	23.4x	-68.2x	6.6x
Thu, 17 Oct 2024	CA$142.2b	CA$21.1b	-CA$2,296,003,294.54	22.5x	-61.9x	6.7x
Sat, 14 Sep 2024	CA$138.2b	CA$20.9b	-CA$2,275,441,312.50	22.1x	-60.7x	6.6x
Mon, 12 Aug 2024	CA$133.8b	CA$21.1b	-CA$2,321,200,699.46	32.5x	-57.6x	6.3x
Wed, 10 Jul 2024	CA$135.0b	CA$20.1b	-CA$3,139,876,383.32	44.2x	-43x	6.7x
Fri, 07 Jun 2024	CA$129.0b	CA$20.2b	-CA$3,131,089,661.20	37.9x	-41.2x	6.4x
Sun, 05 May 2024	CA$124.6b	CA$19.4b	-CA$3,313,086,817.27	35x	-37.6x	6.4x
Tue, 02 Apr 2024	CA$126.1b	CA$19.3b	-CA$3,940,519,052.65	22.2x	-32x	6.5x
Thu, 29 Feb 2024	CA$120.6b	CA$18.5b	-CA$1,910,539,363.47	23.6x	-63.1x	6.5x
Sat, 27 Jan 2024	CA$119.3b	CA$18.4b	-CA$3,174,852,497.00	26.8x	-37.6x	6.5x
Mon, 25 Dec 2023	CA$111.4b	CA$18.3b	-CA$3,228,336,519.00	27.2x	-34.5x	6.1x
Wed, 22 Nov 2023	CA$106.1b	CA$18.8b	-CA$3,397,934,155.00	30x	-31.2x	5.6x
Fri, 20 Oct 2023	CA$96.0b	CA$18.0b	-CA$3,400,125,293.00	44.3x	-28.2x	5.3x
Sun, 17 Sep 2023	CA$99.3b	CA$17.7b	-CA$3,363,995,784.00	43.4x	-29.5x	5.6x


CA Market	-0.12%
Tech	-0.15%
Software	-6.68%
Application Software	-7.21%
Systems Software	0.79%

Company	Last Price	7D	1Y	Valuation
HIVE HIVE Digital Technologies	CA$4.31	15.2% +CA$156.3m	-0.2%	PS2.6x
ONE 01 Quantum	CA$0.52	20.9% +CA$9.9m	11.8%	PS35.7x
DMGI DMG Blockchain Solutions	CA$0.55	5.8% +CA$6.2m	77.4%	PS3.1x
JSPX JasperX Technologies	CA$0.14	40.0% +CA$4.9m	33.3%	PS39x
MIM MiMedia Holdings	CA$0.18	28.6% +CA$4.8m	-63.3%	PS1556.8x

Announcement • 1h

HIVE Digital Technologies Ltd.'s BUZZ High Performance Computing Inc. Announce Appointment of Mark Volk to Senior Vice President, Revenue

HIVE Digital Technologies Ltd., through its wholly owned subsidiary BUZZ High Performance Computing Inc., announced the appointment of Mark Volk as Senior Vice President, Revenue. Mr. Volk brings nearly three decades of experience building and commercializing AI, high-performance computing (HPC), cloud and enterprise infrastructure businesses. As Senior Vice President, Revenue, he will lead BUZZ HPC's global go-to-market strategy across enterprise, government, sovereign AI, hyperscale, research and academic markets. Mr. Volk will lead commercialization of BUZZ HPC's GPU-powered AI infrastructure, including sovereign AI cloud, GPU-as-a-Service (GPUaaS), colocation and hybrid AI solutions, as well as strategic partnerships and channel development. He reports to Craig Tavares, President and Chief Operating Officer of BUZZ HPC. Before joining BUZZ HPC, he served as CEO of CiphexAI Corporation, where he led the commercialization of AI technologies and infrastructure. Previously, Mr. Volk spent five years at Hewlett Packard Enterprise (HPE), first as Vice President of Federal for Canada and later as General Manager of HPC & AI Commercial for the Americas. During his commercial leadership, HPE's HPC and AI business grew approximately 425% to more than $2 billion in revenue, serving government, enterprise, research and academic customers across the Americas. At IBM, Mr. Volk held worldwide leadership roles and managed a portfolio of approximately $1.2 billion. He also helped launch IBM's first HPC Cloud SaaS offering, growing that business approximately 200% in less than two years. Before IBM, he served as Director of Worldwide HPC Sales and Marketing at Platform Computing, where he helped grow the business from approximately $25 million to more than $60 million before its acquisition by IBM. His career also includes leadership roles at Corel, N-able, Tomoye and Entrust across software, SaaS, cybersecurity and enterprise infrastructure. Mr. Volk holds an MBA from the University of Ottawa's Telfer School of Management and has a background in business administration and computer science.

Announcement • Aug 14

JasperX Technologies Inc. Highlights Growing Adoption Of Unified Product Information Management Solution With Advanced Syndication Capabilities

JasperX Technologies Inc. highlighted the growing adoption of its unified Product Information Management (PIM) solution, which now incorporates advanced product data syndication capabilities into a single platform. Customers are increasingly leveraging the enhanced JasperX solution to streamline product information management, automate product distribution, and accelerate digital commerce initiatives. Following the amalgamation of JasperX and Venzee Technologies Inc. earlier this year, Venzee’s proven product data syndication technology has been fully incorporated into the JasperX platform. The result is a unified solution that enables brands and retailers to organize, optimize, manage, and distribute product information from a single source of truth. The JasperX platform centralizes product information—including technical specifications, marketing content, digital assets, pricing, and other critical product data—while enabling organizations to transform and automatically syndicate product content to retailers, distributors, marketplaces, and ecommerce channels without the need for separate applications or disconnected workflows. As AI continues to reshape ecommerce, organizations are placing greater importance on accurate, complete, and well-structured product information. JasperX provides the foundation for managing product data by establishing a single source-of-truth for each product while ensuring it is optimized and delivered consistently across retailers, marketplaces, distributors, AI-powered shopping experiences, and other digital commerce channels. Multiple enterprise customers are actively utilizing the enhanced JasperX platform to simplify product content operations, improve product data quality, accelerate product onboarding, and expand distribution across an increasing number of commerce channels. Existing customers continue to broaden their use of JasperX by supporting additional brands, product lines, and retail partners through the unified platform. JasperX continues to invest in AI-powered automation, intelligent product data management, expanded syndication capabilities, and enhanced commerce integrations, helping brands and retailers reduce operational complexity, improve speed-to-market, and maximize ecommerce performance.

Canadian (TSX) Application Software Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

HIVE Digital Technologies Ltd.'s BUZZ High Performance Computing Inc. Announce Appointment of Mark Volk to Senior Vice President, Revenue

Insufficient new directors

New major risk - Shareholder dilution

Lightspeed Commerce Integrates ShipStation to Streamline Unified Fulfillment for Retailers

Enghouse Systems Limited to Report Q3, 2026 Results on Sep 10, 2026

DMGI: AI And Colocation Expansion Will Test Margins Yet Support Fair Value

Descartes Systems Group Announces $120 Million Deal to Acquire Extensiv for Fulfillment Expansion

Chairman of the Board recently sold CA$3.8m worth of stock

Non-Executive Board Chair exercised options and sold CA$632k worth of stock

Second quarter 2026 earnings released: US$0.029 loss per share (vs US$0.014 loss in 2Q 2025)

Third quarter 2026 earnings released: US$0.48 loss per share (vs US$0.02 loss in 3Q 2025)

JasperX Technologies Inc. Highlights Growing Adoption Of Unified Product Information Management Solution With Advanced Syndication Capabilities

Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2026 earnings: EPS misses analyst expectations

Lumine Group Reports 28% Q2 Growth and Closes Two Media Supply Chain Acquisitions

New minor risk - Insider selling