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Canadian (TSX) Application Software Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies72
  • 7D13.5%
  • 3M-13.3%
  • 1Y-32.3%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 14%, driven by gains from Constellation Software of 15%. In the same time, Abaxx Technologies was down 9.3%. In contrast, the industry has lost 35% in the last 12 months. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Mar 2026CA$101.8bCA$25.1bCA$44.8m40x2271.5x4.1x
Thu, 05 Feb 2026CA$84.3bCA$25.0bCA$151.3m34.1x557.2x3.4x
Sat, 03 Jan 2026CA$115.7bCA$25.1bCA$132.5m28.5x872.9x4.6x
Mon, 01 Dec 2025CA$119.9bCA$25.5bCA$136.9m39x875.6x4.7x
Wed, 29 Oct 2025CA$135.0bCA$24.5bCA$233.0m56x579.2x5.5x
Fri, 26 Sep 2025CA$141.4bCA$24.5bCA$240.5m55.8x588x5.8x
Sun, 24 Aug 2025CA$153.0bCA$24.3bCA$230.2m48.8x664.4x6.3x
Tue, 22 Jul 2025CA$164.6bCA$23.2bCA$165.7m52.9x993.1x7.1x
Thu, 19 Jun 2025CA$154.8bCA$23.2bCA$174.2m38.9x888.6x6.7x
Sat, 17 May 2025CA$163.1bCA$23.5bCA$958.7m33.1x170.1x6.9x
Mon, 14 Apr 2025CA$144.0bCA$22.9bCA$470.1m24.1x306.3x6.3x
Wed, 12 Mar 2025CA$150.3bCA$23.8bCA$320.9m20.8x468.5x6.3x
Fri, 07 Feb 2025CA$157.8bCA$22.7b-CA$2,148,917,746.9021.8x-73.5x6.9x
Sun, 05 Jan 2025CA$148.3bCA$22.9b-CA$2,182,231,670.8323.3x-67.9x6.5x
Tue, 03 Dec 2024CA$155.5bCA$22.3b-CA$2,132,577,848.0724.9x-72.9x7x
Thu, 31 Oct 2024CA$141.6bCA$21.3b-CA$2,319,823,044.7921.9x-61x6.7x
Sat, 28 Sep 2024CA$143.0bCA$20.8b-CA$2,262,218,952.1522.1x-63.2x6.9x
Mon, 26 Aug 2024CA$139.9bCA$20.8b-CA$2,281,333,400.3422.9x-61.3x6.7x
Wed, 24 Jul 2024CA$140.5bCA$20.4b-CA$3,180,527,870.9647.9x-44.2x6.9x
Fri, 21 Jun 2024CA$127.1bCA$20.2b-CA$3,132,488,318.3734.5x-40.6x6.3x
Sun, 19 May 2024CA$126.6bCA$20.0b-CA$3,171,571,921.1335.7x-39.9x6.3x
Tue, 16 Apr 2024CA$124.0bCA$19.6b-CA$4,007,826,967.0126.5x-30.9x6.3x
Thu, 14 Mar 2024CA$121.0bCA$19.2b-CA$3,925,685,248.9924.3x-30.8x6.3x
Sat, 10 Feb 2024CA$118.4bCA$18.2b-CA$2,044,255,287.4222.2x-57.9x6.5x
Mon, 08 Jan 2024CA$110.0bCA$18.3b-CA$3,161,613,652.0026.7x-34.8x6x
Wed, 06 Dec 2023CA$109.3bCA$18.8b-CA$3,477,490,505.0026.6x-31.4x5.8x
Fri, 03 Nov 2023CA$95.5bCA$18.1b-CA$3,340,770,335.0054.6x-28.6x5.3x
Sun, 01 Oct 2023CA$95.8bCA$17.8b-CA$3,374,948,736.0042.5x-28.4x5.4x
Tue, 29 Aug 2023CA$96.9bCA$17.9b-CA$3,375,160,498.0043.4x-28.7x5.4x
Thu, 27 Jul 2023CA$98.7bCA$16.6b-CA$3,089,313,617.0061.2x-32x5.9x
Sat, 24 Jun 2023CA$94.3bCA$16.6b-CA$2,961,352,236.0060x-31.9x5.7x
Mon, 22 May 2023CA$95.9bCA$16.8b-CA$2,193,820,587.0065x-43.7x5.7x
Wed, 19 Apr 2023CA$91.9bCA$15.6b-CA$2,312,913,320.0023.9x-39.7x5.9x
Fri, 17 Mar 2023CA$84.6bCA$15.3b-CA$2,381,427,816.0027.4x-35.5x5.5x
Price to Earnings Ratio

-35.5x


Total Market Cap: CA$84.6bTotal Earnings: -CA$2,381,427,816.00Total Revenue: CA$15.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Application Software Industry Price to Earnings3Y Average 161.3x202420252026
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 2kx which is higher than its 3-year average PE of 160x.
  • The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 4.1x.
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-4.27%
Tech7.94%
Software13.09%
Application Software13.51%
Systems Software3.10%
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
CSU Constellation SoftwareCA$2.98k15.9%
+CA$8.7b
-38.0%PE67.6x
TOI Topicus.comCA$111.0618.0%
+CA$1.4b
-21.6%PE140.4x
LMN Lumine GroupCA$26.0524.8%
+CA$1.3b
-33.5%PE41.4x
DSG Descartes Systems GroupCA$98.186.6%
+CA$519.4m
-29.5%PE40x
KXS KinaxisCA$143.6411.3%
+CA$404.8m
-10.7%PE41.4x

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