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Canadian (TSX) Electric Utilities Industry Analysis

UpdatedMay 21, 2026
DataAggregated Company Financials
Companies4
  • 7D-0.2%
  • 3M1.5%
  • 1Y15.4%
  • YTDn/a

In the last week, Electric Utilities has been flat. The past year has been better, since the industry has gained 15% in that time. Earnings are forecast to grow by 7.2% annually.

Industry Valuation and Performance

Has the Canadian Electric Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026CA$96.9bCA$30.7bCA$4.1b22.5x23.5x3.2x
Sat, 18 Apr 2026CA$97.5bCA$30.3bCA$4.1b22.4x23.7x3.2x
Mon, 16 Mar 2026CA$99.4bCA$30.3bCA$4.1b22.8x24.2x3.3x
Wed, 11 Feb 2026CA$90.0bCA$29.7bCA$4.1b20.1x21.7x3x
Fri, 09 Jan 2026CA$89.2bCA$29.7bCA$4.1b20x21.5x3x
Sun, 07 Dec 2025CA$87.6bCA$29.7bCA$4.1b19.5x21.2x2.9x
Tue, 04 Nov 2025CA$86.9bCA$29.1bCA$3.9b21.7x22.4x3x
Thu, 02 Oct 2025CA$85.7bCA$29.1bCA$3.9b21.7x22.1x2.9x
Sat, 30 Aug 2025CA$84.2bCA$29.1bCA$3.9b21.3x21.7x2.9x
Mon, 28 Jul 2025CA$82.6bCA$28.6bCA$3.8b21.2x21.9x2.9x
Wed, 25 Jun 2025CA$80.9bCA$28.6bCA$3.8b20.4x21.4x2.8x
Fri, 23 May 2025CA$83.0bCA$28.6bCA$3.8b20.6x22x2.9x
Sun, 20 Apr 2025CA$82.8bCA$27.5bCA$3.3b23.7x25.1x3x
Tue, 18 Mar 2025CA$78.9bCA$27.5bCA$3.3b22.6x23.9x2.9x
Thu, 13 Feb 2025CA$75.4bCA$27.5bCA$3.4b21.7x22.2x2.7x
Sat, 11 Jan 2025CA$72.7bCA$27.5bCA$3.4b20.7x21.4x2.6x
Mon, 09 Dec 2024CA$76.2bCA$27.5bCA$3.4b22.1x22.5x2.8x
Wed, 06 Nov 2024CA$71.4bCA$27.2bCA$3.5b19.8x20.5x2.6x
Fri, 04 Oct 2024CA$74.3bCA$27.1bCA$3.5b20.2x21.5x2.7x
Sun, 01 Sep 2024CA$72.0bCA$27.1bCA$3.5b19.5x20.9x2.7x
Tue, 30 Jul 2024CA$68.2bCA$26.7bCA$3.3b20.5x20.7x2.6x
Thu, 27 Jun 2024CA$63.7bCA$26.7bCA$3.3b19x19.4x2.4x
Sat, 25 May 2024CA$65.4bCA$26.7bCA$3.3b19.8x19.9x2.5x
Mon, 22 Apr 2024CA$62.6bCA$27.2bCA$3.6b15.5x17.4x2.3x
Wed, 20 Mar 2024CA$64.6bCA$27.2bCA$3.6b15.6x17.9x2.4x
Fri, 16 Feb 2024CA$63.6bCA$27.6bCA$3.8b14.4x16.7x2.3x
Sun, 14 Jan 2024CA$65.1bCA$27.8bCA$3.8b15.2x17.2x2.3x
Tue, 12 Dec 2023CA$64.3bCA$27.8bCA$3.8b14.8x17x2.3x
Thu, 09 Nov 2023CA$63.4bCA$28.0bCA$3.8b15x16.7x2.3x
Sat, 07 Oct 2023CA$60.4bCA$27.8bCA$3.7b16.2x16.2x2.2x
Mon, 04 Sep 2023CA$62.1bCA$27.8bCA$3.7b16.2x16.6x2.2x
Wed, 02 Aug 2023CA$64.0bCA$27.6bCA$3.6b16.6x17.7x2.3x
Fri, 30 Jun 2023CA$64.7bCA$27.6bCA$3.6b16.9x17.9x2.3x
Sun, 28 May 2023CA$66.8bCA$27.6bCA$3.6b17.8x18.5x2.4x
Price to Earnings Ratio

18.5x


Total Market Cap: CA$66.8bTotal Earnings: CA$3.6bTotal Revenue: CA$27.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Electric Utilities Industry Price to Earnings3Y Average 20.4x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Electric Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.5x which is higher than its 3-year average PE of 20.4x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Electric Utilities industry have grown 4.5% per year over the last three years.
  • Revenues for these companies have grown 3.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Electric Utilities compare with similar industries?

CA Market-0.16%
Utilities0.21%
Electric Utilities-0.21%
Electric Utilities-0.21%
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
EMA EmeraCA$72.180.3%
+CA$64.2m		16.5%PE22.2x

Latest News

H
CA$58.64
Hydro One
7D
-0.2%
1Y
15.3%
Narrative Update • May 19

H: Clustered C$58 Views And CEO Transition Will Shape A Measured Outlook

Analysts have raised the Hydro One price target to CA$58, an increase from the previous range of CA$53 to CA$57 cited in recent research. This revision reflects updated views on fair value, discount rates and profitability assumptions.
CUP.U
US$13.98
Caribbean Utilities Company
7D
-6.5%
1Y
5.1%
EMA
CA$72.18
Emera
7D
0.3%
1Y
16.5%
FTS
CA$76.78
Fortis
7D
-0.4%
1Y
15.0%