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Canadian (TSX) Market Analysis & Valuation

UpdatedFeb 19, 2026
DataAggregated Company Financials
Companies2200
  • 7D0.08%
  • 3M12.8%
  • 1Y30.8%
  • YTD5.6%

Over the last 7 days, the market has remained flat, although notably the Consumer Discretionary sector gained 3.6% in that time. Meanwhile, the market is actually up 31% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Feb 2026CA$5.2tCA$2.1tCA$229.3b17.5x22.6x2.4x
Sat, 17 Jan 2026CA$5.1tCA$2.1tCA$225.1b17.2x22.8x2.4x
Mon, 15 Dec 2025CA$4.9tCA$2.1tCA$224.8b16.2x21.8x2.3x
Wed, 12 Nov 2025CA$4.7tCA$2.1tCA$221.9b16.5x21.2x2.2x
Fri, 10 Oct 2025CA$4.8tCA$2.2tCA$209.3b16.6x22.8x2.2x
Sun, 07 Sep 2025CA$4.5tCA$2.1tCA$208.6b16.3x21.8x2.1x
Tue, 05 Aug 2025CA$4.3tCA$2.1tCA$195.2b15.9x22x2x
Thu, 03 Jul 2025CA$4.3tCA$2.1tCA$191.4b15.8x22.3x2x
Sat, 31 May 2025CA$4.2tCA$2.1tCA$192.2b14.9x21.7x2x
Mon, 28 Apr 2025CA$3.9tCA$2.1tCA$174.0b14.9x22.7x1.9x
Wed, 26 Mar 2025CA$4.0tCA$2.1tCA$173.7b15.4x23.1x1.9x
Fri, 21 Feb 2025CA$4.0tCA$2.1tCA$169.6b15.1x23.8x1.9x
Sun, 19 Jan 2025CA$3.9tCA$2.1tCA$171.3b14.3x22.8x1.8x
Tue, 17 Dec 2024CA$3.9tCA$2.1tCA$169.4b14.3x23.3x1.9x
Thu, 14 Nov 2024CA$3.9tCA$2.1tCA$167.6b14.6x23.3x1.8x
Sat, 12 Oct 2024CA$3.9tCA$2.1tCA$167.9b15.7x23x1.8x
Mon, 09 Sep 2024CA$3.6tCA$2.1tCA$167.4b14.8x21.8x1.7x
Wed, 07 Aug 2024CA$3.6tCA$2.1tCA$167.1b13.7x21.4x1.7x
Fri, 05 Jul 2024CA$3.6tCA$2.0tCA$166.4b14.1x21.5x1.7x
Sun, 02 Jun 2024CA$3.6tCA$2.0tCA$166.2b14.4x21.7x1.8x
Tue, 30 Apr 2024CA$3.5tCA$2.1tCA$173.1b13.9x20.4x1.7x
Thu, 28 Mar 2024CA$3.5tCA$2.0tCA$175.5b13.9x20.2x1.7x
Sat, 24 Feb 2024CA$3.4tCA$2.1tCA$173.5b14.1x19.8x1.7x
Mon, 22 Jan 2024CA$3.4tCA$2.1tCA$173.2b12.9x19.4x1.6x
Wed, 20 Dec 2023CA$3.3tCA$2.1tCA$173.0b12.8x19.1x1.6x
Fri, 17 Nov 2023CA$3.2tCA$2.1tCA$179.9b11.9x17.9x1.6x
Sun, 15 Oct 2023CA$3.2tCA$2.1tCA$185.2b11.6x17.1x1.5x
Tue, 12 Sep 2023CA$3.3tCA$2.1tCA$184.8b11.8x17.7x1.5x
Thu, 10 Aug 2023CA$3.3tCA$2.1tCA$184.3b11.7x17.9x1.6x
Sat, 08 Jul 2023CA$3.1tCA$2.1tCA$192.2b11.2x16.3x1.5x
Mon, 05 Jun 2023CA$3.2tCA$2.1tCA$200.0b11.1x16.2x1.5x
Wed, 03 May 2023CA$3.3tCA$2.1tCA$214.4b11.1x15.5x1.6x
Fri, 31 Mar 2023CA$3.3tCA$2.1tCA$216.7b10.5x15.2x1.6x
Sun, 26 Feb 2023CA$3.3tCA$2.1tCA$235.4b10.8x14.1x1.6x
Price to Earnings Ratio

14.1x


Total Market Cap: CA$3.3tTotal Earnings: CA$235.4bTotal Revenue: CA$2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 20.4x202420252026
Current Market PE
  • Investors are optimistic on the Canadian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 22.6x which is higher than its 3-year average PE of 20.4x.
Past Earnings Growth
  • Both revenue and earnings for Canadian listed companies have remained mostly flat over the last three years.
  • This means sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Sector Trends

Which sectors have driven the changes within the Canadian Market?

CA Market0.084%
Consumer Discretionary3.95%
Utilities3.32%
Consumer Staples2.09%
Healthcare1.57%
Energy1.03%
Financials0.72%
Tech0.16%
Telecom-0.38%
Real Estate-0.78%
Industrials-1.24%
Materials-2.60%
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 24.8%, which is higher than its past year's earnings growth of 17.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 8.9% 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
CNQ Canadian Natural ResourcesCA$57.093.5%
+CA$4.0b		31.8%PE17.9xEnergy
BN BrookfieldCA$64.962.6%
+CA$3.7b		13.2%PE93.4xFinancials
MG Magna InternationalCA$91.5816.9%
+CA$3.6b		68.5%PE22.6xConsumer Discretionary
L Loblaw CompaniesCA$68.673.6%
+CA$2.8b		53.1%PE32.5xConsumer Staples
GWO Great-West LifecoCA$63.324.9%
+CA$2.7b		21.7%PE14.5xFinancials
See more

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L
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