Has the Canadian Telecom Services and Carriers Industry valuation changed over the past few years?
|Tue, 30 Nov 2021||CA$99.3b||CA$40.6b||CA$4.3b||21.2x|
|Thu, 28 Oct 2021||CA$95.6b||CA$39.5b||CA$3.9b||26.2x|
|Sat, 25 Sep 2021||CA$97.8b||CA$39.5b||CA$3.9b||26.7x|
|Mon, 23 Aug 2021||CA$98.3b||CA$39.5b||CA$3.9b||26.9x|
|Sat, 10 Jul 2021||CA$93.1b||CA$39.5b||CA$3.9b||25.6x|
|Fri, 02 Apr 2021||CA$85.2b||CA$38.7b||CA$3.4b||25.7x|
|Mon, 04 Jan 2021||CA$81.9b||CA$38.3b||CA$3.5b||24.3x|
|Thu, 08 Oct 2020||CA$80.1b||CA$38.4b||CA$3.6b||22.3x|
|Wed, 01 Jul 2020||CA$80.3b||CA$38.1b||CA$3.9b||20.6x|
|Sat, 04 Apr 2020||CA$80.6b||CA$38.5b||CA$4.6b||17.3x|
|Tue, 07 Jan 2020||CA$84.9b||CA$38.4b||CA$4.8b||17.7x|
|Mon, 30 Sep 2019||CA$86.2b||CA$38.3b||CA$4.7b||18x|
|Thu, 04 Jul 2019||CA$82.9b||CA$38.1b||CA$4.6b||17.6x|
|Sun, 07 Apr 2019||CA$83.2b||CA$37.9b||CA$4.5b||18.5x|
|Wed, 09 Jan 2019||CA$75.7b||CA$37.6b||CA$4.4b||17.2x|
Current Industry PE: There are only 3 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth: The earnings for companies in the Telecom industry have remained mostly flat over the last three years, while revenues for these companies have grown 2.9% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Which industries have driven the changes within the Canadian Telecom Services and Carriers industry?
|Integrated Telecom Services||0.63%|
Industry PE: Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 21.1x. This is likely because analysts are expecting annual earnings growth of 11%, which is higher than its past year's earnings growth of 9.4% per year. Meanwhile, investors are most pessimistic about the Alternative Carriers industry, which is trading below its 3-year average of 3.8x.
Forecasted Growth: Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 16% over the next 5 years. Meanwhile, the Integrated Telecom Services industry is expected to see its earnings grow by 11% per year over the next few years.
Which companies have driven the market over the last 7 days?