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Canadian (TSX) Telecom Services and Carriers Industry Analysis

UpdatedDec 17, 2025
DataAggregated Company Financials
Companies6
  • 7D-2.2%
  • 3M-6.7%
  • 1Y-2.0%
  • YTD-0.9%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.8%, driven by TELUS declining 4.8%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are forecast to decline by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Dec 2025CA$72.7bCA$56.5bCA$8.6b8.6x8.5x1.3x
Fri, 14 Nov 2025CA$76.7bCA$56.5bCA$8.6b8.6x8.9x1.4x
Sun, 12 Oct 2025CA$77.3bCA$56.4bCA$2.6b13x29.8x1.4x
Tue, 09 Sep 2025CA$80.5bCA$56.4bCA$2.6b13x31.1x1.4x
Thu, 07 Aug 2025CA$75.5bCA$56.4bCA$2.5b11.9x29.8x1.3x
Sat, 05 Jul 2025CA$75.1bCA$56.3bCA$2.8b12.8x27.2x1.3x
Mon, 02 Jun 2025CA$74.3bCA$56.3bCA$2.8b11.8x27x1.3x
Wed, 30 Apr 2025CA$71.2bCA$56.3bCA$2.3b11.3x30.9x1.3x
Fri, 28 Mar 2025CA$72.1bCA$56.2bCA$2.3b11.3x31x1.3x
Sun, 23 Feb 2025CA$77.1bCA$56.9bCA$2.3b9.4x32.9x1.4x
Tue, 21 Jan 2025CA$72.2bCA$56.7bCA$2.2b8.8x32.9x1.3x
Thu, 19 Dec 2024CA$73.1bCA$56.8bCA$2.2b9.4x33.4x1.3x
Sat, 16 Nov 2024CA$78.3bCA$56.8bCA$2.2b9.6x36x1.4x
Mon, 14 Oct 2024CA$87.5bCA$56.9bCA$3.9b10.1x22.2x1.5x
Wed, 11 Sep 2024CA$91.1bCA$56.9bCA$3.9b9.7x23.1x1.6x
Fri, 09 Aug 2024CA$88.5bCA$56.9bCA$4.0b9.6x22.1x1.6x
Sun, 07 Jul 2024CA$80.1bCA$57.0bCA$3.7b9.3x21.4x1.4x
Tue, 04 Jun 2024CA$85.9bCA$57.0bCA$3.7b9.3x22.9x1.5x
Thu, 02 May 2024CA$83.8bCA$56.9bCA$4.1b9.7x20.3x1.5x
Sat, 30 Mar 2024CA$82.0bCA$53.9bCA$3.8b10.6x21.7x1.5x
Mon, 26 Feb 2024CA$90.3bCA$54.0bCA$3.8b10.6x23.8x1.7x
Wed, 24 Jan 2024CA$95.6bCA$53.5bCA$3.9b13.3x24.6x1.8x
Fri, 22 Dec 2023CA$89.9bCA$53.5bCA$3.9b12.4x23.1x1.7x
Sun, 19 Nov 2023CA$93.7bCA$53.5bCA$3.9b11.3x24x1.8x
Tue, 17 Oct 2023CA$89.8bCA$52.8bCA$4.3b16.1x21x1.7x
Thu, 14 Sep 2023CA$93.0bCA$52.8bCA$4.3b16.7x21.8x1.8x
Sat, 12 Aug 2023CA$87.3bCA$44.9bCA$3.6b25.9x24.4x1.9x
Mon, 10 Jul 2023CA$92.3bCA$44.1bCA$4.0b25.8x23.2x2.1x
Wed, 07 Jun 2023CA$93.6bCA$44.1bCA$4.0b25.7x23.6x2.1x
Fri, 05 May 2023CA$100.0bCA$43.3bCA$4.3b25.1x23.3x2.3x
Sun, 02 Apr 2023CA$94.4bCA$43.3bCA$4.3b23.9x22x2.2x
Tue, 28 Feb 2023CA$94.6bCA$43.2bCA$4.3b22.2x21.9x2.2x
Thu, 26 Jan 2023CA$98.0bCA$42.5bCA$4.8b17.7x20.3x2.3x
Sat, 24 Dec 2022CA$93.4bCA$42.5bCA$4.8b17.9x19.4x2.2x
Price to Earnings Ratio

19.4x


Total Market Cap: CA$93.4bTotal Earnings: CA$4.8bTotal Revenue: CA$42.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Telecom Services and Carriers Industry Price to Earnings3Y Average 24.8x202320242025
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 8.5x which is lower than its 3-year average PE of 24.8x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Telecom industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 10.0% 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-0.016%
Telecom-1.58%
Telecom Services and Carriers-2.17%
Alternative Carriers0%0
Integrated Telecom Services-2.17%
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 24.9x.
    • Analysts are expecting annual earnings decline of 15.2%, which is lower than the prior year's growth of 14.8% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, which is trading below its 3-year average of 24.9x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Integrated Telecom Services industry since they expect its earnings to decline by only 15% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 15% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings decline by 15% 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
No data available

Latest News

CCA
CA$66.09
Cogeco Communications
7D
-1.3%
1Y
-1.1%
CGO
CA$62.89
Cogeco
7D
-2.2%
1Y
8.0%
T
CA$17.51
TELUS
7D
-5.2%
1Y
-12.9%
USS
CA$0.59
Uniserve Communications
7D
-1.7%
1Y
210.5%
ADYA
CA$0.20
Adya
7D
-31.7%
1Y
n/a
QBR.A
CA$50.11
Quebecor
7D
-0.6%
1Y
53.5%

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Dec 02
Quebecor Inc.'s (TSE:QBR.A) Business Is Trailing The Market But Its Shares Aren't
TGO
CA$0.69
TeraGo
7D
-9.2%
1Y
-42.0%