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Canadian (TSX) Market Analysis & Valuation

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies2200
  • 7D2.1%
  • 3M9.2%
  • 1Y28.4%
  • YTD3.2%

The market is up 2.1% over the last week, with the Financials sector leading the way, up 2.0%. In the last year, the market has climbed 28%. As for the next few years, earnings are expected to grow by 12% 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
Mon, 09 Feb 2026CA$5.1tCA$2.1tCA$226.8b17.4x22.6x2.4x
Wed, 07 Jan 2026CA$5.0tCA$2.1tCA$224.6b16.5x22.3x2.3x
Fri, 05 Dec 2025CA$4.9tCA$2.1tCA$225.9b16.1x21.6x2.3x
Sun, 02 Nov 2025CA$4.7tCA$2.2tCA$215.4b16.3x21.8x2.2x
Tue, 30 Sep 2025CA$4.7tCA$2.2tCA$209.2b16.4x22.4x2.2x
Thu, 28 Aug 2025CA$4.5tCA$2.1tCA$203.8b16.1x22x2.1x
Sat, 26 Jul 2025CA$4.4tCA$2.1tCA$190.8b16.2x22.9x2.1x
Mon, 23 Jun 2025CA$4.3tCA$2.1tCA$191.8b15.4x22.2x2x
Wed, 21 May 2025CA$4.1tCA$2.1tCA$183.4b14.4x22.2x1.9x
Fri, 18 Apr 2025CA$3.9tCA$2.1tCA$173.0b14.7x22.3x1.8x
Sun, 16 Mar 2025CA$3.9tCA$2.1tCA$174.3b14.9x22.4x1.8x
Tue, 11 Feb 2025CA$4.0tCA$2.1tCA$168.6b14.6x24x1.9x
Thu, 09 Jan 2025CA$3.9tCA$2.1tCA$171.0b14.6x22.7x1.8x
Sat, 07 Dec 2024CA$4.0tCA$2.1tCA$169.1b14.7x23.7x1.9x
Mon, 04 Nov 2024CA$3.9tCA$2.1tCA$168.8b14.9x22.8x1.8x
Wed, 02 Oct 2024CA$3.8tCA$2.1tCA$167.7b15.3x22.9x1.8x
Fri, 30 Aug 2024CA$3.7tCA$2.1tCA$167.3b15.3x22.2x1.8x
Sun, 28 Jul 2024CA$3.7tCA$2.1tCA$167.8b14.2x21.9x1.8x
Tue, 25 Jun 2024CA$3.5tCA$2.0tCA$166.8b14.1x20.8x1.7x
Thu, 23 May 2024CA$3.7tCA$2.0tCA$167.1b14.1x21.9x1.8x
Sat, 20 Apr 2024CA$3.5tCA$2.1tCA$174.7b13.9x20x1.7x
Mon, 18 Mar 2024CA$3.5tCA$2.1tCA$173.4b13.5x20.2x1.7x
Wed, 14 Feb 2024CA$3.3tCA$2.1tCA$177.1b13x18.7x1.6x
Fri, 12 Jan 2024CA$3.4tCA$2.1tCA$173.2b12.8x19.5x1.6x
Sun, 10 Dec 2023CA$3.3tCA$2.1tCA$172.3b12.2x18.9x1.6x
Tue, 07 Nov 2023CA$3.2tCA$2.1tCA$179.6b12x17.8x1.5x
Thu, 05 Oct 2023CA$3.1tCA$2.1tCA$185.5b11.2x16.8x1.5x
Sat, 02 Sep 2023CA$3.3tCA$2.1tCA$184.9b11.8x17.9x1.6x
Mon, 31 Jul 2023CA$3.3tCA$2.1tCA$191.3b11.9x17.3x1.6x
Wed, 28 Jun 2023CA$3.1tCA$2.1tCA$191.7b11.2x16.2x1.5x
Fri, 26 May 2023CA$3.2tCA$2.1tCA$205.6b11x15.7x1.5x
Sun, 23 Apr 2023CA$3.4tCA$2.1tCA$217.9b10.8x15.5x1.6x
Tue, 21 Mar 2023CA$3.1tCA$2.1tCA$211.3b10.6x14.7x1.5x
Thu, 16 Feb 2023CA$3.4tCA$2.1tCA$235.5b11x14.4x1.6x
Price to Earnings Ratio

14.4x


Total Market Cap: CA$3.4tTotal Earnings: CA$235.5bTotal Revenue: CA$2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 20.3x202420252026
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 20.3x.
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 Market2.10%
Consumer Staples8.59%
Consumer Discretionary5.06%
Energy2.29%
Healthcare2.27%
Financials1.99%
Materials1.55%
Real Estate1.53%
Industrials1.25%
Utilities1.24%
Telecom-0.92%
Tech-0.98%
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 24.2%, which is higher than its past year's earnings growth of 15.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings growth rate of 9.5% per year.
  • In contrast, the Telecom sector is expected to see its earnings decline by 8.7% 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$232.722.6%
+CA$8.4b		36.5%PB2.6xFinancials
TD Toronto-Dominion BankCA$131.993.7%
+CA$7.9b		59.4%PB1.8xFinancials
IMO Imperial OilCA$153.6811.7%
+CA$7.8b		59.5%PE22.7xEnergy
CP Canadian Pacific Kansas CityCA$109.828.5%
+CA$7.7b		-0.3%PE23.8xIndustrials
ATD Alimentation Couche-TardCA$78.7411.2%
+CA$7.3b		5.7%PE20.5xConsumer Staples
See more

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