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Canadian (TSX) Market Analysis & Valuation

UpdatedJun 01, 2024
DataAggregated Company Financials
Companies2473
  • 7D-0.4%
  • 3M4.6%
  • 1Y11.4%
  • YTD8.2%

The market has stayed flat over the 7 days. As for the longer term, the market has risen 11% in the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Jun 2024CA$3.6tCA$2.0tCA$166.1b14.4x21.5x1.7x
Mon, 29 Apr 2024CA$3.5tCA$2.1tCA$173.1b13.9x20.4x1.7x
Wed, 27 Mar 2024CA$3.5tCA$2.0tCA$174.3b13.8x20.1x1.7x
Fri, 23 Feb 2024CA$3.4tCA$2.1tCA$172.4b14x19.8x1.6x
Sun, 21 Jan 2024CA$3.4tCA$2.1tCA$173.2b12.9x19.4x1.6x
Tue, 19 Dec 2023CA$3.3tCA$2.1tCA$173.1b12.7x19.1x1.6x
Thu, 16 Nov 2023CA$3.2tCA$2.1tCA$179.9b12x17.9x1.6x
Sat, 14 Oct 2023CA$3.2tCA$2.1tCA$185.2b11.5x17.1x1.5x
Mon, 11 Sep 2023CA$3.2tCA$2.1tCA$184.9b11.7x17.5x1.5x
Wed, 09 Aug 2023CA$3.3tCA$2.1tCA$185.0b11.8x17.8x1.6x
Fri, 07 Jul 2023CA$3.2tCA$2.1tCA$200.6b11.3x16x1.5x
Sun, 04 Jun 2023CA$3.2tCA$2.1tCA$200.0b11.1x16.2x1.5x
Tue, 02 May 2023CA$3.4tCA$2.1tCA$215.8b11.2x15.6x1.6x
Thu, 30 Mar 2023CA$3.3tCA$2.1tCA$218.7b10.5x14.9x1.5x
Sat, 25 Feb 2023CA$3.3tCA$2.1tCA$235.4b10.8x14.1x1.6x
Mon, 23 Jan 2023CA$3.4tCA$2.1tCA$245.1b10.7x13.8x1.6x
Wed, 21 Dec 2022CA$3.2tCA$2.1tCA$243.3b10.2x13x1.5x
Fri, 18 Nov 2022CA$3.3tCA$2.1tCA$238.6b10.3x13.7x1.6x
Sun, 16 Oct 2022CA$3.1tCA$2.1tCA$241.6b9.5x12.9x1.5x
Tue, 13 Sep 2022CA$3.4tCA$2.1tCA$238.7b10.7x14.2x1.6x
Thu, 11 Aug 2022CA$3.3tCA$2.0tCA$239.6b10.4x13.8x1.7x
Sat, 09 Jul 2022CA$3.2tCA$2.0tCA$231.4b10.3x13.7x1.6x
Mon, 06 Jun 2022CA$3.5tCA$1.9tCA$230.2b11.8x15.2x1.8x
Wed, 04 May 2022CA$3.5tCA$1.9tCA$215.4b12.1x16.3x1.8x
Fri, 01 Apr 2022CA$3.7tCA$1.9tCA$212.2b13.1x17.5x2x
Sun, 27 Feb 2022CA$3.5tCA$1.8tCA$207.1b13.1x17.1x1.9x
Tue, 25 Jan 2022CA$3.4tCA$1.8tCA$189.2b12.6x18.1x1.9x
Thu, 23 Dec 2021CA$3.4tCA$1.8tCA$189.7b12.4x18.1x1.9x
Sat, 20 Nov 2021CA$3.5tCA$1.8tCA$188.7b13x18.7x2x
Mon, 18 Oct 2021CA$3.4tCA$1.7tCA$169.1b13.4x20.3x2x
Wed, 15 Sep 2021CA$3.4tCA$1.7tCA$167.9b12.9x20x2x
Fri, 13 Aug 2021CA$3.3tCA$1.7tCA$167.5b12.9x19.7x2x
Tue, 08 Jun 2021CA$3.2tCA$1.6tCA$126.3b14.7x25.3x2x
Price to Earnings Ratio

25.3x


Total Market Cap: CA$3.2tTotal Earnings: CA$126.3bTotal Revenue: CA$1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 17x202220232024
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 21.5x which is higher than its 3-year average PE of 17.0x.
Past Earnings Growth
  • The earnings for Canadian listed companies have grown 9.6% per year over the last three years.
  • Revenues for these companies have grown 8.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Canadian Market?

CA Market-0.37%
Energy1.44%
Telecom1.20%
Consumer Discretionary0.34%
Materials-0.38%
Real Estate-0.67%
Healthcare-0.68%
Consumer Staples-0.73%
Financials-0.93%
Industrials-1.08%
Utilities-1.16%
Tech-2.24%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 141x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 32.6% which is higher than its past year's earnings decline of 17.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 79% over the next 5 years.
  • This is better than its past earnings growth rate of 62% per year.
  • In contrast, the Consumer Staples sector is expected to see its earnings grow by 6.2% 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
RY Royal Bank of CanadaCA$148.983.5%
+CA$7.2b		20.1%PB1.9xFinancials
CM Canadian Imperial Bank of CommerceCA$67.581.8%
+CA$1.5b		17.8%PB1.2xFinancials
CCO CamecoCA$75.634.5%
+CA$1.4b		87.3%PE140xEnergy
DOL DollaramaCA$129.003.8%
+CA$1.3b		54.5%PE35.5xConsumer Discretionary
CVE Cenovus EnergyCA$28.412.4%
+CA$1.2b		24.5%PE11.4xEnergy
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Latest News

BMO

CA$121.55

Bank of Montreal

7D

-6.8%

1Y

4.2%

Bank of Montreal (TSE:BMO) Is Increasing Its Dividend To CA$1.55

Jun 01
Bank of Montreal (TSE:BMO) Is Increasing Its Dividend To CA$1.55

BN

CA$59.35

Brookfield

7D

-3.0%

1Y

42.5%

RY

CA$148.98

Royal Bank of Canada

7D

3.5%

1Y

20.1%

GWO

CA$40.88

Great-West Lifeco

7D

-4.2%

1Y

5.3%

CVE

CA$28.41

Cenovus Energy

7D

2.4%

1Y

24.5%

CM

CA$67.58

Canadian Imperial Bank of Commerce

7D

1.8%

1Y

17.8%

SU

CA$55.60

Suncor Energy

7D

1.0%

1Y

41.7%

IMO

CA$96.30

Imperial Oil

7D

2.0%

1Y

49.4%

CCO

CA$75.63

Cameco

7D

4.5%

1Y

87.3%

TD

CA$76.20

Toronto-Dominion Bank

7D

-1.4%

1Y

-3.4%

GIB.A

CA$134.59

CGI

7D

-5.6%

1Y

-5.0%

MFC

CA$35.40

Manulife Financial

7D

-2.5%

1Y

36.8%

DOL

CA$129.00

Dollarama

7D

3.8%

1Y

54.5%

TRI

CA$234.54

Thomson Reuters

7D

-2.4%

1Y

36.3%

EQB

CA$87.62

EQB

7D

4.5%

1Y

29.5%

RCI.B

CA$55.07

Rogers Communications

7D

2.6%

1Y

-7.6%