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Canadian (TSX) Market Analysis & Valuation

UpdatedJun 01, 2026
DataAggregated Company Financials
Companies2194
  • 7D-0.4%
  • 3M3.0%
  • 1Y32.1%
  • YTD10.7%

Over the last 7 days, the market has remained flat, although notably the Information Technology sector gained 3.5% in that time. More promisingly, the market is up 32% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Canadian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Jun 2026CA$5.5tCA$2.2tCA$243.1b16.8x22.6x2.5x
Thu, 30 Apr 2026CA$5.3tCA$2.2tCA$241.7b16.4x21.9x2.4x
Sat, 28 Mar 2026CA$5.0tCA$2.2tCA$240.7b15.7x20.8x2.3x
Mon, 23 Feb 2026CA$5.3tCA$2.1tCA$235.2b17.2x22.6x2.5x
Wed, 21 Jan 2026CA$5.2tCA$2.1tCA$224.9b17.4x22.9x2.4x
Fri, 19 Dec 2025CA$4.9tCA$2.1tCA$224.8b16.3x21.6x2.3x
Sun, 16 Nov 2025CA$4.7tCA$2.1tCA$224.3b16x21x2.2x
Tue, 14 Oct 2025CA$4.7tCA$2.2tCA$209.5b16.4x22.3x2.2x
Thu, 11 Sep 2025CA$4.6tCA$2.1tCA$208.5b16.3x21.9x2.1x
Sat, 09 Aug 2025CA$4.3tCA$2.1tCA$201.0b15.9x21.6x2x
Mon, 07 Jul 2025CA$4.3tCA$2.1tCA$191.5b15.9x22.5x2x
Wed, 04 Jun 2025CA$4.2tCA$2.1tCA$191.9b15.5x21.9x2x
Fri, 02 May 2025CA$4.0tCA$2.1tCA$174.1b14.8x22.7x1.9x
Sun, 30 Mar 2025CA$3.9tCA$2.1tCA$173.8b15x22.7x1.9x
Tue, 25 Feb 2025CA$4.0tCA$2.1tCA$168.8b14.9x23.6x1.9x
Thu, 23 Jan 2025CA$3.9tCA$2.1tCA$171.2b14.8x22.9x1.8x
Sat, 21 Dec 2024CA$3.8tCA$2.1tCA$169.7b13.8x22.5x1.8x
Mon, 18 Nov 2024CA$3.9tCA$2.1tCA$167.6b14.5x23.2x1.8x
Wed, 16 Oct 2024CA$3.9tCA$2.1tCA$168.0b15.5x23.1x1.8x
Fri, 13 Sep 2024CA$3.7tCA$2.1tCA$167.4b15x22.1x1.8x
Sun, 11 Aug 2024CA$3.6tCA$2.1tCA$170.4b14x21x1.7x
Tue, 09 Jul 2024CA$3.5tCA$2.0tCA$166.7b14x21.3x1.7x
Thu, 06 Jun 2024CA$3.6tCA$2.0tCA$167.3b14.3x21.3x1.7x
Sat, 04 May 2024CA$3.5tCA$2.1tCA$170.9b14x20.5x1.7x
Mon, 01 Apr 2024CA$3.6tCA$2.0tCA$173.4b14x20.5x1.7x
Wed, 28 Feb 2024CA$3.4tCA$2.1tCA$172.6b13.8x19.8x1.7x
Fri, 26 Jan 2024CA$3.4tCA$2.1tCA$174.0b12.9x19.5x1.6x
Sun, 24 Dec 2023CA$3.4tCA$2.1tCA$172.8b13.2x19.5x1.6x
Tue, 21 Nov 2023CA$3.2tCA$2.1tCA$179.8b12x18x1.6x
Thu, 19 Oct 2023CA$3.2tCA$2.1tCA$185.3b11.6x17x1.5x
Sat, 16 Sep 2023CA$3.3tCA$2.1tCA$184.5b12x17.8x1.6x
Mon, 14 Aug 2023CA$3.3tCA$2.1tCA$187.8b11.7x17.6x1.6x
Wed, 12 Jul 2023CA$3.2tCA$2.1tCA$200.2b11.3x16.1x1.5x
Fri, 09 Jun 2023CA$3.2tCA$2.1tCA$199.7b11.1x16.2x1.5x
Price to Earnings Ratio

16.2x


Total Market Cap: CA$3.2tTotal Earnings: CA$199.7bTotal Revenue: CA$2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 21x202420252026
Current Market PE
  • Investors are relatively neutral on the Canadian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 21.0x.
Past Earnings Growth
  • The earnings for Canadian listed companies have grown 6.8% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Canadian Market?

CA Market-0.35%
Tech3.47%
Materials2.52%
Telecom2.21%
Healthcare1.90%
Industrials1.00%
Consumer Discretionary0.23%
Consumer Staples-0.31%
Utilities-0.42%
Real Estate-0.51%
Financials-1.03%
Energy-3.84%
Sector PE
  • Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.2%, which is higher than its past year's earnings growth of 3.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings decline of 5.4% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 8.4% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
CLS CelesticaCA$588.2412.4%
+CA$7.5b		268.1%PE51xTech
TRI Thomson ReutersCA$129.869.0%
+CA$4.7b		-52.7%PE26.8xIndustrials
CCO CamecoCA$155.845.5%
+CA$3.5b		95.4%PE104.3xEnergy
CSU Constellation SoftwareCA$2.93k5.7%
+CA$3.4b		-40.9%PE60.4xTech
CNR Canadian National RailwayCA$165.143.4%
+CA$3.3b		14.8%PE21.3xIndustrials
See more

Market Insights

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CCO
CA$155.84
Cameco
7D
5.5%
1Y
95.4%
CLS
CA$588.24
Celestica
7D
12.4%
1Y
268.1%
CM
CA$146.70
Canadian Imperial Bank of Commerce
7D
-8.7%
1Y
58.0%
TD
CA$153.33
Toronto-Dominion Bank
7D
-2.1%
1Y
61.5%
RY
CA$261.09
Royal Bank of Canada
7D
-1.2%
1Y
49.1%
NA
CA$197.89
National Bank of Canada
7D
-7.3%
1Y
48.1%
FFH
CA$2,111.76
Fairfax Financial Holdings
7D
-6.1%
1Y
-7.9%
FM
CA$43.52
First Quantum Minerals
7D
9.3%
1Y
108.5%
HBM
CA$42.37
Hudbay Minerals
7D
15.5%
1Y
238.4%
IMO
CA$167.16
Imperial Oil
7D
-6.4%
1Y
67.9%
TRI
CA$129.86
Thomson Reuters
7D
9.0%
1Y
-52.7%
BBD.B
CA$326.00
Bombardier
7D
10.2%
1Y
247.7%
ENB
CA$76.08
Enbridge
7D
-4.6%
1Y
17.8%
TRP
CA$91.54
TC Energy
7D
-5.7%
1Y
30.0%
CSU
CA$2,931.96
Constellation Software
7D
5.7%
1Y
-40.9%
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CNR
CA$165.14
Canadian National Railway
7D
3.4%
1Y
14.8%