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Canadian (TSX) Market Analysis & Valuation

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies2243
  • 7D0.8%
  • 3M6.2%
  • 1Y17.9%
  • YTD10.9%

The Healthcare sector gained 13% while the market remained flat over the last week. Meanwhile, the market is actually up 18% 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
Fri, 15 Aug 2025CA$4.4tCA$2.1tCA$201.1b15.7x21.8x2.1x
Sun, 13 Jul 2025CA$4.3tCA$2.1tCA$191.7b16.1x22.4x2x
Tue, 10 Jun 2025CA$4.3tCA$2.1tCA$191.8b15.4x22.2x2x
Thu, 08 May 2025CA$4.0tCA$2.1tCA$176.5b15x22.6x1.9x
Sat, 05 Apr 2025CA$3.9tCA$2.1tCA$173.9b14x22.4x1.8x
Mon, 03 Mar 2025CA$4.0tCA$2.1tCA$172.6b15x23.3x1.9x
Wed, 29 Jan 2025CA$3.9tCA$2.1tCA$171.3b15x22.9x1.8x
Fri, 27 Dec 2024CA$3.9tCA$2.1tCA$169.2b14x22.9x1.8x
Sun, 24 Nov 2024CA$4.0tCA$2.1tCA$166.9b14.5x23.8x1.9x
Tue, 22 Oct 2024CA$4.0tCA$2.1tCA$168.2b15.4x23.5x1.9x
Thu, 19 Sep 2024CA$3.8tCA$2.1tCA$167.5b15.1x22.6x1.8x
Sat, 17 Aug 2024CA$3.7tCA$2.1tCA$170.2b14.6x21.6x1.8x
Mon, 15 Jul 2024CA$3.6tCA$2.0tCA$166.7b14x21.9x1.8x
Wed, 12 Jun 2024CA$3.6tCA$2.1tCA$167.4b14.4x21.3x1.7x
Fri, 10 May 2024CA$3.6tCA$2.1tCA$171.1b14.2x21x1.8x
Sun, 07 Apr 2024CA$3.6tCA$2.0tCA$174.3b14.1x20.5x1.7x
Tue, 05 Mar 2024CA$3.4tCA$2.1tCA$176.7b13.7x19.5x1.7x
Thu, 01 Feb 2024CA$3.4tCA$2.1tCA$173.8b12.9x19.7x1.6x
Sat, 30 Dec 2023CA$3.4tCA$2.1tCA$172.8b13.3x19.5x1.6x
Mon, 27 Nov 2023CA$3.2tCA$2.1tCA$179.1b11.8x18x1.5x
Wed, 25 Oct 2023CA$3.1tCA$2.1tCA$185.2b11x16.7x1.5x
Fri, 22 Sep 2023CA$3.2tCA$2.1tCA$184.4b11.8x17.4x1.5x
Sun, 20 Aug 2023CA$3.2tCA$2.1tCA$185.8b11.5x17.3x1.5x
Tue, 18 Jul 2023CA$3.3tCA$2.1tCA$199.8b11.3x16.3x1.5x
Thu, 15 Jun 2023CA$3.2tCA$2.1tCA$199.8b11.1x16.2x1.5x
Sat, 13 May 2023CA$3.3tCA$2.1tCA$207.0b11.1x15.9x1.5x
Mon, 10 Apr 2023CA$3.3tCA$2.1tCA$217.9b10.6x15.2x1.6x
Wed, 08 Mar 2023CA$3.3tCA$2.1tCA$221.6b10.9x15.1x1.6x
Fri, 03 Feb 2023CA$3.4tCA$2.1tCA$246.4b11.2x13.8x1.6x
Sun, 01 Jan 2023CA$3.2tCA$2.1tCA$245.8b10.6x13.1x1.5x
Tue, 29 Nov 2022CA$3.3tCA$2.1tCA$239.6b10.6x13.9x1.6x
Thu, 27 Oct 2022CA$3.2tCA$2.0tCA$236.0b10x13.4x1.6x
Sat, 24 Sep 2022CA$3.1tCA$2.1tCA$240.4b9.5x13x1.5x
Mon, 22 Aug 2022CA$3.4tCA$2.0tCA$237.1b10.5x14.1x1.7x
Price to Earnings Ratio

14.1x


Total Market Cap: CA$3.4tTotal Earnings: CA$237.1bTotal Revenue: CA$2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 18.9x202320242025
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 21.8x which is higher than its 3-year average PE of 18.9x.
Past Earnings Growth
  • The earnings for Canadian listed companies have declined 5.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.5% 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, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Canadian Market?

CA Market0.75%
Healthcare13.40%
Telecom4.22%
Consumer Discretionary2.29%
Financials1.82%
Real Estate1.66%
Materials1.50%
Energy0.71%
Consumer Staples-0.18%
Utilities-0.26%
Industrials-1.58%
Tech-5.80%
Sector PE
  • Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts expect its future annual earnings growth (19.8%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 55% over the next 5 years.
  • This is better than its past earnings growth rate of 4.4% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 4.2% 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$188.613.6%
+CA$9.2b		24.1%PB2.2xFinancials
TD Toronto-Dominion BankCA$102.992.7%
+CA$4.7b		28.2%PB1.4xFinancials
ENB EnbridgeCA$66.552.8%
+CA$3.9b		25.7%PE23.3xEnergy
BAM Brookfield Asset ManagementCA$85.842.5%
+CA$3.3b		52.4%PE41.2xFinancials
CM Canadian Imperial Bank of CommerceCA$102.003.0%
+CA$2.8b		44.2%PB1.6xFinancials
See more

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CSU
CA$4,256.68
Constellation Software
7D
-8.5%
1Y
0.4%
TD
CA$102.99
Toronto-Dominion Bank
7D
2.7%
1Y
28.2%
MRU
CA$98.39
Metro
7D
-6.6%
1Y
16.9%
ENB
CA$66.55
Enbridge
7D
2.8%
1Y
25.7%
SLF
CA$80.21
Sun Life Financial
7D
-5.2%
1Y
13.3%
WPM
CA$130.25
Wheaton Precious Metals
7D
-5.1%
1Y
64.1%
BN
CA$90.61
Brookfield
7D
1.5%
1Y
41.9%
TRI
CA$231.86
Thomson Reuters
7D
-7.1%
1Y
2.8%
BCE
CA$35.03
BCE
7D
7.3%
1Y
-25.7%
BAM
CA$85.84
Brookfield Asset Management
7D
2.5%
1Y
52.4%
TOI
CA$163.78
Topicus.com
7D
-10.5%
1Y
34.5%
TRP
CA$70.77
TC Energy
7D
3.6%
1Y
17.6%
LMN
CA$46.62
Lumine Group
7D
-11.3%
1Y
44.2%
CP
CA$102.03
Canadian Pacific Kansas City
7D
-1.6%
1Y
-6.4%
RY
CA$188.61
Royal Bank of Canada
7D
3.6%
1Y
24.1%
CM
CA$102.00
Canadian Imperial Bank of Commerce
7D
3.0%
1Y
44.2%