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Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedAug 02, 2026
DataAggregated Company Financials
Companies6
  • 7D-1.3%
  • 3M-7.6%
  • 1Y-11.3%
  • YTD-8.2%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.3%, driven by a pullback from TELUS of 7.1%. However, the industry is down 11% over the past year. Earnings are forecast to grow by 4.0% annually.

Industry Valuation and Performance

Has the Canadian Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Aug 2026CA$67.4bCA$56.5bCA$6.7b17.5x10.1x1.2x
Wed, 01 Jul 2026CA$72.2bCA$56.5bCA$8.5b8.4x8.5x1.3x
Fri, 29 May 2026CA$78.2bCA$56.5bCA$8.5b8.8x9.2x1.4x
Sun, 26 Apr 2026CA$72.6bCA$56.3bCA$8.7b8.3x8.4x1.3x
Tue, 24 Mar 2026CA$78.4bCA$56.4bCA$8.7b10.3x9x1.4x
Thu, 19 Feb 2026CA$77.6bCA$56.3bCA$8.6b9.4x9x1.4x
Sat, 17 Jan 2026CA$75.5bCA$56.4bCA$8.6b9.9x8.8x1.3x
Mon, 15 Dec 2025CA$73.0bCA$56.5bCA$8.6b8.7x8.5x1.3x
Wed, 12 Nov 2025CA$76.5bCA$56.5bCA$8.6b8.5x8.9x1.4x
Fri, 10 Oct 2025CA$76.0bCA$56.4bCA$2.6b13.2x29.3x1.3x
Sun, 07 Sep 2025CA$79.8bCA$56.4bCA$2.6b12.9x30.8x1.4x
Tue, 05 Aug 2025CA$75.3bCA$56.4bCA$2.5b11.9x29.7x1.3x
Thu, 03 Jul 2025CA$74.3bCA$56.3bCA$2.8b12.3x27x1.3x
Sat, 31 May 2025CA$73.8bCA$56.3bCA$2.8b11.8x26.8x1.3x
Mon, 28 Apr 2025CA$70.9bCA$56.3bCA$2.3b11.5x30.8x1.3x
Wed, 26 Mar 2025CA$71.4bCA$56.2bCA$2.3b11x30.7x1.3x
Fri, 21 Feb 2025CA$75.7bCA$56.9bCA$2.3b9.4x32.3x1.3x
Sun, 19 Jan 2025CA$72.2bCA$56.7bCA$2.2b8.8x32.9x1.3x
Tue, 17 Dec 2024CA$74.4bCA$56.8bCA$2.2b9.5x34x1.3x
Thu, 14 Nov 2024CA$79.9bCA$56.8bCA$2.2b9.8x36.8x1.4x
Sat, 12 Oct 2024CA$86.7bCA$56.9bCA$3.9b10.1x22x1.5x
Mon, 09 Sep 2024CA$90.3bCA$56.9bCA$3.9b9.4x22.9x1.6x
Wed, 07 Aug 2024CA$88.6bCA$56.9bCA$4.0b9.3x22.1x1.6x
Fri, 05 Jul 2024CA$79.5bCA$57.0bCA$3.7b9.3x21.2x1.4x
Sun, 02 Jun 2024CA$85.9bCA$57.0bCA$3.7b9x22.9x1.5x
Tue, 30 Apr 2024CA$83.0bCA$56.9bCA$4.1b9.8x20.1x1.5x
Thu, 28 Mar 2024CA$82.5bCA$54.0bCA$3.8b10.8x21.8x1.5x
Sat, 24 Feb 2024CA$90.3bCA$54.0bCA$3.8b10.6x23.8x1.7x
Mon, 22 Jan 2024CA$96.3bCA$53.5bCA$3.9b12.5x24.8x1.8x
Wed, 20 Dec 2023CA$90.4bCA$53.5bCA$3.9b12x23.2x1.7x
Fri, 17 Nov 2023CA$93.7bCA$53.5bCA$3.9b11.2x24x1.8x
Sun, 15 Oct 2023CA$88.7bCA$52.8bCA$4.3b15.9x20.8x1.7x
Tue, 12 Sep 2023CA$92.9bCA$52.8bCA$4.3b16.6x21.8x1.8x
Thu, 10 Aug 2023CA$86.6bCA$44.9bCA$3.4b29x25.2x1.9x
Price to Earnings Ratio

25.2x


Total Market Cap: CA$86.6bTotal Earnings: CA$3.4bTotal Revenue: CA$44.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Services and Carriers Industry Price to Earnings3Y Average 22x202420252026
Current Industry PE
  • Investors are pessimistic on the Canadian Telecom 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 10.1x which is lower than its 3-year average PE of 22.0x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 7.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Telecom industry?

CA Market-0.30%
Telecom-0.12%
Telecom Services and Carriers-1.28%
Alternative Carriers0%0
Integrated Telecom Services-1.28%
Industry PE
  • Investors are most optimistic about the Integrated Telecom Services industry even though it's trading below its 3-year average PE ratio of 22.2x.
    • Analysts are expecting annual earnings growth of 4.0%, which is lower than the prior year's growth of 16.4% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 22.2x.
Forecasted Growth
  • Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 4.0% over the next 5 years.
  • However this is lower than its past earnings growth rate of 16% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 4.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
QBR.A QuebecorCA$69.433.5%
+CA$528.7m		74.9%PE17.5x
BCE BCECA$30.411.1%
+CA$307.7m		-6.5%PE4.5x
TGO TeraGoCA$1.396.9%
+CA$3.5m		18.8%PS2.2x
USS Uniserve CommunicationsCA$0.709.4%
+CA$2.4m		40.0%PS3.2x

Latest News

T
CA$13.38
TELUS
7D
-7.1%
1Y
-37.9%
BCE
CA$30.41
BCE
7D
1.1%
1Y
-6.5%
TGO
CA$1.39
TeraGo
7D
6.9%
1Y
18.8%
CCA
CA$59.10
Cogeco Communications
7D
-2.6%
1Y
-5.6%
CGO
CA$58.24
Cogeco
7D
-3.4%
1Y
-1.1%
USS
CA$0.70
Uniserve Communications
7D
9.4%
1Y
40.0%
QBR.A
CA$69.43
Quebecor
7D
3.5%
1Y
74.9%