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- 7D1.2%
- 3M-23.4%
- 1Y-40.7%
- YTD-22.4%
Over the last 7 days, the Software industry has risen 1.2%, driven by gains from Constellation Software of 1.6%. During this same period, the Bitfarms underperformed, falling 11%. However, the industry is down 41% over the past year. As for the next few years, earnings are expected to grow by 26% per annum.
Industry Valuation and Performance
Has the Canadian Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 Apr 2026 | CA$92.0b | CA$27.2b | -CA$420,118,191.28 | 37.2x | -218.9x | 3.4x |
| Sat, 28 Feb 2026 | CA$95.9b | CA$26.2b | -CA$23,112,662.33 | 40.5x | -4147.1x | 3.7x |
| Mon, 26 Jan 2026 | CA$106.2b | CA$26.0b | CA$138.8m | 45.2x | 764.8x | 4.1x |
| Wed, 24 Dec 2025 | CA$121.5b | CA$26.0b | CA$150.2m | 49.3x | 809.1x | 4.7x |
| Fri, 21 Nov 2025 | CA$116.4b | CA$26.7b | CA$199.5m | 45.3x | 583.2x | 4.4x |
| Sun, 19 Oct 2025 | CA$139.3b | CA$25.6b | CA$256.8m | 54.9x | 542.3x | 5.4x |
| Tue, 16 Sep 2025 | CA$153.7b | CA$25.2b | CA$241.4m | 60.5x | 636.7x | 6.1x |
| Thu, 14 Aug 2025 | CA$159.9b | CA$25.2b | CA$168.6m | 50.6x | 948.5x | 6.4x |
| Sat, 12 Jul 2025 | CA$166.8b | CA$24.2b | CA$179.2m | 45.2x | 930.8x | 6.9x |
| Mon, 09 Jun 2025 | CA$162.7b | CA$24.2b | CA$155.1m | 42.6x | 1049.1x | 6.7x |
| Wed, 07 May 2025 | CA$162.5b | CA$23.7b | CA$931.6m | 32.1x | 174.5x | 6.9x |
| Fri, 04 Apr 2025 | CA$154.8b | CA$24.3b | CA$437.5m | 28.2x | 353.9x | 6.4x |
| Sun, 02 Mar 2025 | CA$161.3b | CA$24.3b | -CA$2,356,334,331.08 | 27.2x | -68.4x | 6.6x |
| Tue, 28 Jan 2025 | CA$156.6b | CA$24.0b | -CA$2,404,979,158.44 | 40.9x | -65.1x | 6.5x |
| Thu, 26 Dec 2024 | CA$154.2b | CA$24.0b | -CA$2,407,124,123.29 | 41.9x | -64.1x | 6.4x |
| Sat, 23 Nov 2024 | CA$154.3b | CA$23.3b | -CA$2,338,602,073.26 | 41.7x | -66x | 6.6x |
| Mon, 21 Oct 2024 | CA$146.2b | CA$22.3b | -CA$2,509,370,938.61 | 42.2x | -58.3x | 6.6x |
| Wed, 18 Sep 2024 | CA$143.7b | CA$22.0b | -CA$2,509,434,568.36 | 41.6x | -57.3x | 6.5x |
| Fri, 16 Aug 2024 | CA$138.8b | CA$22.3b | -CA$2,523,110,587.28 | 44.7x | -55x | 6.2x |
| Sun, 14 Jul 2024 | CA$139.8b | CA$21.3b | -CA$3,376,358,475.02 | 44.5x | -41.4x | 6.6x |
| Tue, 11 Jun 2024 | CA$132.5b | CA$21.7b | -CA$3,405,623,128.73 | 40.1x | -38.9x | 6.1x |
| Thu, 09 May 2024 | CA$130.9b | CA$20.9b | -CA$3,585,721,112.51 | 47.8x | -36.5x | 6.3x |
| Sat, 06 Apr 2024 | CA$126.0b | CA$20.8b | -CA$4,215,476,494.81 | 23.1x | -29.9x | 6.1x |
| Mon, 04 Mar 2024 | CA$126.8b | CA$19.9b | -CA$2,775,860,333.02 | 24.9x | -45.7x | 6.4x |
| Wed, 31 Jan 2024 | CA$125.8b | CA$19.8b | -CA$3,951,408,355.00 | 26.9x | -31.8x | 6.3x |
| Fri, 29 Dec 2023 | CA$117.0b | CA$19.7b | -CA$4,017,474,391.00 | 26.9x | -29.1x | 5.9x |
| Sun, 26 Nov 2023 | CA$110.3b | CA$20.2b | -CA$4,183,921,716.00 | 43.1x | -26.4x | 5.5x |
| Tue, 24 Oct 2023 | CA$98.4b | CA$19.5b | -CA$4,200,599,789.00 | 54.1x | -23.4x | 5.1x |
| Thu, 21 Sep 2023 | CA$101.3b | CA$19.2b | -CA$4,156,025,612.00 | 54.8x | -24.4x | 5.3x |
| Sat, 19 Aug 2023 | CA$99.5b | CA$19.4b | -CA$4,146,058,169.00 | 56.2x | -24x | 5.1x |
| Mon, 17 Jul 2023 | CA$102.8b | CA$18.2b | -CA$3,682,304,301.00 | 72.9x | -27.9x | 5.6x |
| Wed, 14 Jun 2023 | CA$101.6b | CA$18.0b | -CA$3,969,753,097.00 | 69.7x | -25.6x | 5.6x |
| Fri, 12 May 2023 | CA$97.7b | CA$17.3b | -CA$3,297,561,430.00 | 65.3x | -29.6x | 5.6x |
| Sun, 09 Apr 2023 | CA$96.0b | CA$17.0b | -CA$3,331,219,099.00 | 46.9x | -28.8x | 5.6x |
Price to Earnings Ratio
-28.8x
Current Industry PE
- Investors are pessimistic on the Canadian Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 5.8x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Software industry have improved over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Trends
Which industries have driven the changes within the Canadian Tech industry?
| CA Market | 1.56% | |
| Tech | -0.60% | |
| Software | 1.21% | |
| Systems Software | 3.36% | |
| Application Software | 1.13% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 27% over the next 5 years.
- However this is lower than its past earnings growth rate of 99% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 26% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CSU Constellation Software | CA$2.44k | 1.6% +CA$801.5m | -48.4% | PE72.9x | |
| ABXX Abaxx Technologies | CA$51.70 | 14.9% +CA$246.0m | 422.2% | PS3585.5x | |
| DSG Descartes Systems Group | CA$98.46 | 1.8% +CA$146.2m | -33.9% | PE37.2x | |
| LMN Lumine Group | CA$22.37 | 1.7% +CA$94.9m | -48.5% | PE34.8x | |
| BB BlackBerry | CA$4.68 | 3.1% +CA$82.6m | -3.7% | PE94.3x |