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Canadian (TSX) Systems Software Industry Analysis

UpdatedJan 24, 2026
DataAggregated Company Financials
Companies8
  • 7D-6.9%
  • 3M-30.0%
  • 1Y-10.6%
  • YTDn/a

Over the last 7 days, the Systems Software industry has dropped 6.9%, driven by a pullback from BTQ Technologies of 19%. In contrast, Plurilock Security has gained 8.1%. Overall the industry is down 11% in 12 months. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 25 Jan 2026CA$4.6bCA$983.9mCA$12.7m73x359.6x4.6x
Tue, 23 Dec 2025CA$4.9bCA$986.8mCA$12.6m87.1x391.4x5x
Thu, 20 Nov 2025CA$5.7bCA$1.0bCA$12.3m75.3x461.7x5.5x
Sat, 18 Oct 2025CA$6.6bCA$1.0bCA$21.1m74.8x313.8x6.4x
Mon, 15 Sep 2025CA$4.8bCA$1.0bCA$7.4m74x643.1x4.7x
Wed, 13 Aug 2025CA$4.5bCA$1.0bCA$10.0m97.6x451x4.4x
Fri, 11 Jul 2025CA$5.3bCA$1.0bCA$9.9m98.4x534.9x5.2x
Sun, 08 Jun 2025CA$4.8bCA$1.0b-CA$16,685,707.3374.1x-290.2x4.8x
Tue, 06 May 2025CA$4.1bCA$1.1b-CA$36,772,508.29110.3x-111.8x3.8x
Thu, 03 Apr 2025CA$4.4bCA$1.1b-CA$29,722,322.31169x-146.7x3.9x
Sat, 01 Mar 2025CA$5.1bCA$1.3b-CA$230,947,418.52157.6x-21.9x4x
Mon, 27 Jan 2025CA$4.6bCA$1.3b-CA$233,657,335.42157.9x-19.5x3.6x
Wed, 25 Dec 2024CA$4.3bCA$1.3b-CA$234,479,509.86158.9x-18.5x3.4x
Fri, 22 Nov 2024CA$2.9bCA$1.2b-CA$198,771,403.16245.4x-14.6x2.5x
Sun, 20 Oct 2024CA$3.1bCA$1.2b-CA$205,287,727.45423.8x-15x2.7x
Tue, 17 Sep 2024CA$3.0bCA$1.1b-CA$233,197,471.01454.1x-12.8x2.6x
Thu, 15 Aug 2024CA$2.9bCA$1.2b-CA$238,733,660.89336.3x-12x2.5x
Sat, 13 Jul 2024CA$2.9bCA$1.1b-CA$237,134,181.13301.2x-12.4x2.6x
Mon, 10 Jun 2024CA$3.3bCA$1.5b-CA$255,968,467.94242.1x-12.8x2.2x
Wed, 08 May 2024CA$3.4bCA$1.5b-CA$256,715,197.49201.2x-13.2x2.3x
Fri, 05 Apr 2024CA$3.5bCA$1.5b-CA$265,269,800.65241.8x-13x2.3x
Sun, 03 Mar 2024CA$3.4bCA$1.4b-CA$861,304,841.69280.6x-4x2.4x
Tue, 30 Jan 2024CA$3.5bCA$1.4b-CA$793,201,843.00122.2x-4.4x2.4x
Thu, 28 Dec 2023CA$3.8bCA$1.4b-CA$793,945,015.00103.7x-4.8x2.7x
Sat, 25 Nov 2023CA$4.0bCA$1.5b-CA$800,428,971.0070.5x-5x2.8x
Mon, 23 Oct 2023CA$3.8bCA$1.5b-CA$809,899,637.00126x-4.6x2.4x
Wed, 20 Sep 2023CA$5.1bCA$1.6b-CA$800,609,459.00120.8x-6.4x3.3x
Fri, 18 Aug 2023CA$4.6bCA$1.6b-CA$788,380,331.00179.4x-5.8x3x
Sun, 16 Jul 2023CA$5.0bCA$1.5b-CA$769,705,052.00121.7x-6.5x3.3x
Tue, 13 Jun 2023CA$5.3bCA$1.3b-CA$990,987,152.0085x-5.4x4.2x
Thu, 11 May 2023CA$5.1bCA$1.2b-CA$990,013,927.0071.9x-5.2x4.1x
Sat, 08 Apr 2023CA$4.3bCA$1.3b-CA$979,040,909.0061.9x-4.4x3.5x
Mon, 06 Mar 2023CA$4.1bCA$1.3b-CA$164,471,233.0075.1x-25x3.2x
Wed, 01 Feb 2023CA$4.1bCA$1.3b-CA$161,008,677.0051.3x-25.8x3.3x
Price to Earnings Ratio

-25.8x


Total Market Cap: CA$4.1bTotal Earnings: -CA$161,008,677.00Total Revenue: CA$1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Systems Software Industry Price to Earnings3Y Average 65.4x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Systems Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 360x which is higher than its 3-year average PE of 65.1x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • Total earnings for the Systems Software industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 8.4% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Canadian Systems Software compare with similar industries?

CA Market1.16%
Tech-3.62%
Software-3.47%
Systems Software-6.87%
Application Software-3.31%
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
PLUR Plurilock SecurityCA$0.208.1%
+CA$1.2m		-47.4%PS0.2x
CYBE CyberCatch HoldingsCA$1.252.5%
+CA$765.5k		177.8%PS97.1x
BWLK Boardwalktech SoftwareCA$0.0525.0%
+CA$713.4k		-66.7%PS0.6x
SCYB ScrybCA$0.114.8%
+CA$285.1k		-26.7%PE3.8x
ROI Route1CA$0.086.7%
+CA$240.0k		33.3%PS0.3x

Latest News

BWLK
CA$0.05
Boardwalktech Software
7D
25.0%
1Y
-66.7%
CYBT
CA$0.15
Cybeats Technologies
7D
-3.1%
1Y
29.2%
VERS
CA$0.80
VERSES AI
7D
-44.8%
1Y
-97.9%
BTQ
CA$6.38
BTQ Technologies
7D
-18.7%
1Y
52.3%
NBVA
CA$0.17
Nubeva Technologies
7D
-17.5%
1Y
22.2%
CYBE
CA$1.25
CyberCatch Holdings
7D
2.5%
1Y
177.8%
ANON
CA$0.21
Anonymous Intelligence
7D
-22.2%
1Y
5.0%
BB
CA$5.22
BlackBerry
7D
-3.3%
1Y
-12.7%
TCS
CA$27.02
Tecsys
7D
-3.7%
1Y
-40.6%
ROI
CA$0.08
Route1
7D
6.7%
1Y
33.3%
PLUR
CA$0.20
Plurilock Security
7D
8.1%
1Y
-47.4%

Plurilock Security Inc.'s (CVE:PLUR) Shares Lagging The Industry But So Is The Business

Dec 16
Plurilock Security Inc.'s (CVE:PLUR) Shares Lagging The Industry But So Is The Business
AIG
CA$0.14
Genesis AI
7D
30.2%
1Y
-66.3%
SYZ
CA$5.50
Sylogist
7D
-3.0%
1Y
-47.7%
SCYB
CA$0.11
Scryb
7D
4.8%
1Y
-26.7%