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Canadian (TSX) Gas Utilities Industry Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies4
  • 7D-3.6%
  • 3M-1.7%
  • 1Y8.4%
  • YTD-0.3%

Over the last 7 days, the Gas Utilities industry has remained flat. As for the the longer term, the industry is up 10% over the past 12 months. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025CA$11.5bCA$16.1bCA$505.3m40.3x22.9x0.7x
Mon, 30 Dec 2024CA$11.4bCA$16.1bCA$505.1m42.1x22.6x0.7x
Wed, 27 Nov 2024CA$11.7bCA$16.0bCA$505.6m44.5x23.2x0.7x
Fri, 25 Oct 2024CA$11.9bCA$16.2bCA$421.6m23.6x28.2x0.7x
Sun, 22 Sep 2024CA$11.7bCA$16.1bCA$421.6m22.7x27.8x0.7x
Tue, 20 Aug 2024CA$12.0bCA$16.1bCA$425.5m14x28.2x0.7x
Thu, 18 Jul 2024CA$11.3bCA$16.1bCA$628.0m15.2x18x0.7x
Sat, 15 Jun 2024CA$11.4bCA$16.1bCA$628.1m14.9x18.2x0.7x
Mon, 13 May 2024CA$11.5bCA$16.0bCA$653.0m15x17.6x0.7x
Wed, 10 Apr 2024CA$11.1bCA$16.4bCA$694.0m13.4x16x0.7x
Fri, 08 Mar 2024CA$11.3bCA$17.0bCA$635.0m15x17.7x0.7x
Sun, 04 Feb 2024CA$10.6bCA$17.1bCA$620.4m14.1x17x0.6x
Tue, 02 Jan 2024CA$10.3bCA$17.1bCA$620.3m13.5x16.6x0.6x
Thu, 30 Nov 2023CA$10.1bCA$17.1bCA$619.3m13.1x16.3x0.6x
Sat, 28 Oct 2023CA$9.4bCA$17.1bCA$521.5m7.5x18x0.5x
Mon, 25 Sep 2023CA$10.3bCA$17.1bCA$521.4m8.2x19.8x0.6x
Wed, 23 Aug 2023CA$9.9bCA$17.1bCA$519.1m10.8x19x0.6x
Fri, 21 Jul 2023CA$9.5bCA$17.8bCA$378.5m12.4x25x0.5x
Sun, 18 Jun 2023CA$9.2bCA$17.8bCA$378.5m11.3x24.4x0.5x
Tue, 16 May 2023CA$8.8bCA$17.8bCA$379.3m9.8x23.3x0.5x
Thu, 13 Apr 2023CA$8.7bCA$17.5bCA$285.6m12.1x30.4x0.5x
Sat, 11 Mar 2023CA$8.9bCA$17.5bCA$285.7m11.7x31.1x0.5x
Mon, 06 Feb 2023CA$9.1bCA$16.5bCA$36.8m22.1x247.2x0.6x
Wed, 04 Jan 2023CA$8.9bCA$16.5bCA$36.8m21.3x242.9x0.5x
Fri, 02 Dec 2022CA$8.5bCA$16.5bCA$36.7m19.5x231.8x0.5x
Sun, 30 Oct 2022CA$9.2bCA$16.4bCA$338.7m23.1x27.1x0.6x
Tue, 27 Sep 2022CA$9.8bCA$15.7bCA$294.8m29.4x33.1x0.6x
Thu, 25 Aug 2022CA$10.7bCA$15.7bCA$296.9m32x36.1x0.7x
Sat, 23 Jul 2022CA$10.0bCA$14.2bCA$307.1m30.8x32.6x0.7x
Mon, 20 Jun 2022CA$9.3bCA$14.2bCA$307.3m28.3x30.4x0.7x
Wed, 18 May 2022CA$10.6bCA$14.2bCA$305.1m33x34.9x0.8x
Fri, 15 Apr 2022CA$11.0bCA$13.0bCA$231.0m20.4x47.6x0.8x
Sun, 13 Mar 2022CA$10.1bCA$13.0bCA$231.1m19.3x43.9x0.8x
Tue, 08 Feb 2022CA$9.9bCA$11.9bCA$523.9m17.5x18.9x0.8x
Price to Earnings Ratio

18.9x


Total Market Cap: CA$9.9bTotal Earnings: CA$523.9mTotal Revenue: CA$11.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Gas Utilities Industry Price to Earnings3Y Average 45.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Gas Utilities 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 23.5x which is lower than its 3-year average PE of 45.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 10% 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.

Industry Trends

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

CA Market-0.47%
Utilities-0.50%
Gas Utilities-3.61%
Gas Utilities-3.61%
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
No data available
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