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Canadian (TSX) Market Analysis & Valuation

UpdatedJun 29, 2025
DataAggregated Company Financials
Companies2281
  • 7D0.5%
  • 3M7.4%
  • 1Y19.2%
  • YTD7.3%

The Information Technology sector gained 3.5% while the market remained flat over the last week. Meanwhile, the market is actually up 19% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Jun 2025CA$4.2tCA$2.1tCA$191.7b15.7x22.1x2x
Wed, 28 May 2025CA$4.2tCA$2.1tCA$191.7b14.7x21.7x2x
Fri, 25 Apr 2025CA$3.9tCA$2.1tCA$173.1b15.1x22.6x1.9x
Sun, 23 Mar 2025CA$4.0tCA$2.1tCA$173.4b14.9x22.9x1.9x
Tue, 18 Feb 2025CA$4.0tCA$2.1tCA$168.6b15x23.9x1.9x
Thu, 16 Jan 2025CA$3.8tCA$2.1tCA$170.9b14.5x22.4x1.8x
Sat, 14 Dec 2024CA$4.0tCA$2.1tCA$169.3b14.4x23.4x1.9x
Mon, 11 Nov 2024CA$3.9tCA$2.1tCA$167.7b14.8x23.4x1.8x
Wed, 09 Oct 2024CA$3.8tCA$2.1tCA$167.8b15.3x22.9x1.8x
Fri, 06 Sep 2024CA$3.7tCA$2.1tCA$167.6b15x22x1.8x
Sun, 04 Aug 2024CA$3.6tCA$2.1tCA$167.2b13.8x21.4x1.7x
Tue, 02 Jul 2024CA$3.5tCA$2.1tCA$166.6b14x21.2x1.7x
Thu, 30 May 2024CA$3.6tCA$2.1tCA$165.9b14.2x21.8x1.8x
Sat, 27 Apr 2024CA$3.5tCA$2.1tCA$173.1b13.9x20.4x1.7x
Mon, 25 Mar 2024CA$3.5tCA$2.0tCA$173.5b13.6x20.2x1.7x
Wed, 21 Feb 2024CA$3.4tCA$2.1tCA$177.5b13x19.2x1.6x
Fri, 19 Jan 2024CA$3.3tCA$2.1tCA$173.3b12.7x19.3x1.6x
Sun, 17 Dec 2023CA$3.3tCA$2.1tCA$172.9b12.4x19.3x1.6x
Tue, 14 Nov 2023CA$3.2tCA$2.1tCA$179.0b11.9x17.7x1.5x
Thu, 12 Oct 2023CA$3.2tCA$2.1tCA$185.1b11.6x17.2x1.5x
Sat, 09 Sep 2023CA$3.3tCA$2.1tCA$184.9b11.7x17.6x1.5x
Mon, 07 Aug 2023CA$3.3tCA$2.1tCA$186.2b11.7x17.6x1.6x
Wed, 05 Jul 2023CA$3.2tCA$2.1tCA$193.3b11.2x16.4x1.5x
Fri, 02 Jun 2023CA$3.2tCA$2.1tCA$200.1b11.2x15.9x1.5x
Sun, 30 Apr 2023CA$3.4tCA$2.1tCA$214.6b11.2x15.7x1.6x
Tue, 28 Mar 2023CA$3.2tCA$2.1tCA$219.4b10.5x14.7x1.5x
Thu, 23 Feb 2023CA$3.3tCA$2.1tCA$235.9b10.9x14x1.6x
Sat, 21 Jan 2023CA$3.4tCA$2.1tCA$245.1b10.7x13.7x1.6x
Mon, 19 Dec 2022CA$3.2tCA$2.1tCA$243.6b10.4x13.2x1.5x
Wed, 16 Nov 2022CA$3.3tCA$2.0tCA$238.4b10.4x13.8x1.6x
Fri, 14 Oct 2022CA$3.1tCA$2.1tCA$241.3b9.6x12.9x1.5x
Sun, 11 Sep 2022CA$3.4tCA$2.1tCA$239.0b10.6x14x1.6x
Tue, 09 Aug 2022CA$3.3tCA$2.0tCA$240.0b10.4x13.7x1.6x
Thu, 07 Jul 2022CA$3.1tCA$2.0tCA$231.8b10.2x13.5x1.6x
Price to Earnings Ratio

13.5x


Total Market Cap: CA$3.1tTotal Earnings: CA$231.8bTotal Revenue: CA$2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 18.6x202320242025
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 22.1x which is higher than its 3-year average PE of 18.6x.
Past Earnings Growth
  • The earnings for Canadian listed companies have declined 6.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.7% 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 Market0.53%
Tech3.53%
Financials2.16%
Industrials1.17%
Healthcare1.10%
Consumer Discretionary1.05%
Telecom0.59%
Real Estate0.24%
Utilities0.099%
Consumer Staples-0.26%
Materials-1.25%
Energy-2.29%
Sector PE
  • Investors favour the Tech sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 19.8%, which is lower than the prior year's growth of 24.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 6.1% 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
BN BrookfieldCA$84.414.2%
+CA$5.2b
48.3%PE211.2xFinancials
RY Royal Bank of CanadaCA$177.701.6%
+CA$4.0b
22.0%PB2.1xFinancials
BMO Bank of MontrealCA$149.563.4%
+CA$3.6b
30.2%PB1.3xFinancials
TD Toronto-Dominion BankCA$99.452.1%
+CA$3.5b
32.2%PB1.4xFinancials
CSU Constellation SoftwareCA$4.98k3.2%
+CA$3.3b
26.4%PE104xTech
See more

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