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Canadian (TSX) Market Analysis & Valuation

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies2244
  • 7D1.3%
  • 3M6.8%
  • 1Y20.2%
  • YTD10.1%

Over the last 7 days, the market has risen 1.3%, driven by gains of 6.9% in the Materials sector. In the last year, the market has climbed 20%. 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
Wed, 13 Aug 2025CA$4.4tCA$2.1tCA$202.6b15.8x21.5x2x
Fri, 11 Jul 2025CA$4.3tCA$2.1tCA$191.6b16x22.4x2x
Sun, 08 Jun 2025CA$4.3tCA$2.1tCA$191.9b15.4x22.2x2x
Tue, 06 May 2025CA$4.0tCA$2.1tCA$175.3b14.8x22.8x1.9x
Thu, 03 Apr 2025CA$4.0tCA$2.1tCA$173.9b15.5x22.9x1.9x
Sat, 01 Mar 2025CA$4.0tCA$2.1tCA$172.8b15x23x1.9x
Mon, 27 Jan 2025CA$3.9tCA$2.1tCA$171.2b15x23x1.8x
Wed, 25 Dec 2024CA$3.9tCA$2.1tCA$169.2b13.9x22.9x1.8x
Fri, 22 Nov 2024CA$3.9tCA$2.1tCA$166.7b14.6x23.5x1.8x
Sun, 20 Oct 2024CA$4.0tCA$2.1tCA$168.1b15.6x23.5x1.9x
Tue, 17 Sep 2024CA$3.8tCA$2.1tCA$167.5b15.2x22.5x1.8x
Thu, 15 Aug 2024CA$3.6tCA$2.1tCA$170.3b14.7x21.3x1.7x
Sat, 13 Jul 2024CA$3.6tCA$2.0tCA$166.7b14x21.7x1.8x
Mon, 10 Jun 2024CA$3.6tCA$2.1tCA$167.4b14.3x21.3x1.7x
Wed, 08 May 2024CA$3.6tCA$2.1tCA$172.8b14x20.7x1.7x
Fri, 05 Apr 2024CA$3.6tCA$2.0tCA$174.2b14x20.4x1.7x
Sun, 03 Mar 2024CA$3.5tCA$2.1tCA$176.7b13.7x19.5x1.7x
Tue, 30 Jan 2024CA$3.4tCA$2.1tCA$173.8b12.8x19.6x1.6x
Thu, 28 Dec 2023CA$3.4tCA$2.1tCA$172.7b13.3x19.6x1.6x
Sat, 25 Nov 2023CA$3.2tCA$2.1tCA$179.1b11.8x18x1.5x
Mon, 23 Oct 2023CA$3.1tCA$2.1tCA$185.3b11.3x16.8x1.5x
Wed, 20 Sep 2023CA$3.3tCA$2.1tCA$184.4b11.9x17.8x1.6x
Fri, 18 Aug 2023CA$3.2tCA$2.1tCA$185.8b11.4x17.4x1.5x
Sun, 16 Jul 2023CA$3.3tCA$2.1tCA$199.8b11.4x16.3x1.5x
Tue, 13 Jun 2023CA$3.2tCA$2.1tCA$199.8b11.1x16.1x1.5x
Thu, 11 May 2023CA$3.3tCA$2.1tCA$209.8b11x15.8x1.6x
Sat, 08 Apr 2023CA$3.3tCA$2.1tCA$217.8b10.6x15.1x1.6x
Mon, 06 Mar 2023CA$3.4tCA$2.1tCA$222.3b10.9x15.2x1.6x
Wed, 01 Feb 2023CA$3.4tCA$2.1tCA$245.1b11x13.9x1.7x
Fri, 30 Dec 2022CA$3.2tCA$2.1tCA$245.7b10.5x13.1x1.5x
Sun, 27 Nov 2022CA$3.4tCA$2.1tCA$239.3b10.6x14.1x1.6x
Tue, 25 Oct 2022CA$3.2tCA$2.1tCA$240.7b9.7x13.3x1.5x
Thu, 22 Sep 2022CA$3.3tCA$2.1tCA$239.8b10.2x13.6x1.6x
Sat, 20 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 21.6x which is higher than its 3-year average PE of 18.9x.
Past Earnings Growth
  • The earnings for Canadian listed companies have declined 5.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.4% 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 Market1.32%
Healthcare15.19%
Materials6.94%
Consumer Staples2.20%
Telecom1.30%
Financials0.94%
Tech0.76%
Energy0.55%
Utilities0.29%
Real Estate0.27%
Consumer Discretionary-0.74%
Industrials-2.89%
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 (19.6%) 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 47% 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$185.733.1%
+CA$8.0b		23.7%PB2.1xFinancials
CLS CelesticaCA$294.268.7%
+CA$2.7b		319.2%PE45.7xTech
LUG Lundin GoldCA$79.6915.3%
+CA$2.6b		220.4%PE22.7xMaterials
BAM Brookfield Asset ManagementCA$86.341.8%
+CA$2.5b		57.0%PE41.6xFinancials
CCO CamecoCA$108.045.1%
+CA$2.3b		101.0%PE88.2xEnergy
See more

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Barrick Mining
7D
4.3%
1Y
23.4%
FNV
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Franco-Nevada
7D
4.0%
1Y
43.0%
QSP.UN
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LUG
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SLF
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1Y
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BN
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1Y
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CNQ
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Canadian Natural Resources
7D
-4.9%
1Y
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K
CA$26.65
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7D
6.5%
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NTR
CA$77.25
Nutrien
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CSU
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Constellation Software
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TRI
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1Y
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BAM
CA$86.34
Brookfield Asset Management
7D
1.8%
1Y
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CLS
CA$294.26
Celestica
7D
8.7%
1Y
319.2%
CCO
CA$108.04
Cameco
7D
5.1%
1Y
101.0%
IFC
CA$278.01
Intact Financial
7D
-3.6%
1Y
11.6%
RY
CA$185.73
Royal Bank of Canada
7D
3.1%
1Y
23.7%