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Canadian (TSX) Market Analysis & Valuation

UpdatedSep 15, 2025
DataAggregated Company Financials
Companies2220
  • 7D1.1%
  • 3M9.0%
  • 1Y20.4%
  • YTD16.5%

In the last week, the market is up 1.1% led by Materials sector. In the last year, the market has climbed 20%. As for the next few years, earnings are expected to grow by 11% 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
Tue, 16 Sep 2025CA$4.6tCA$2.1tCA$208.7b16.3x22.1x2.1x
Thu, 14 Aug 2025CA$4.4tCA$2.1tCA$202.8b16x21.6x2.1x
Sat, 12 Jul 2025CA$4.3tCA$2.1tCA$191.6b16x22.4x2x
Mon, 09 Jun 2025CA$4.3tCA$2.1tCA$191.9b15.4x22.2x2x
Wed, 07 May 2025CA$4.0tCA$2.1tCA$175.3b14.7x22.7x1.9x
Fri, 04 Apr 2025CA$4.0tCA$2.1tCA$173.6b14.7x23.2x1.9x
Sun, 02 Mar 2025CA$4.0tCA$2.1tCA$172.7b15x23.3x1.9x
Tue, 28 Jan 2025CA$4.0tCA$2.1tCA$171.2b15x23.1x1.9x
Thu, 26 Dec 2024CA$3.9tCA$2.1tCA$169.2b14x22.9x1.8x
Sat, 23 Nov 2024CA$4.0tCA$2.1tCA$167.0b14.4x23.7x1.9x
Mon, 21 Oct 2024CA$4.0tCA$2.1tCA$168.1b15.6x23.5x1.9x
Wed, 18 Sep 2024CA$3.8tCA$2.1tCA$167.5b15.2x22.6x1.8x
Fri, 16 Aug 2024CA$3.6tCA$2.1tCA$170.2b14.8x21.4x1.7x
Sun, 14 Jul 2024CA$3.6tCA$2.0tCA$166.7b14x21.9x1.8x
Tue, 11 Jun 2024CA$3.5tCA$2.1tCA$167.4b14.3x21x1.7x
Thu, 09 May 2024CA$3.6tCA$2.1tCA$172.5b14x20.8x1.7x
Sat, 06 Apr 2024CA$3.5tCA$2.0tCA$174.3b14.1x20.4x1.7x
Mon, 04 Mar 2024CA$3.5tCA$2.1tCA$176.7b13.7x19.5x1.7x
Wed, 31 Jan 2024CA$3.4tCA$2.1tCA$174.0b12.9x19.6x1.6x
Fri, 29 Dec 2023CA$3.4tCA$2.1tCA$172.7b13.3x19.6x1.6x
Sun, 26 Nov 2023CA$3.2tCA$2.1tCA$179.1b11.8x18x1.5x
Tue, 24 Oct 2023CA$3.1tCA$2.1tCA$185.2b11x16.7x1.5x
Thu, 21 Sep 2023CA$3.3tCA$2.1tCA$184.4b12x17.8x1.6x
Sat, 19 Aug 2023CA$3.2tCA$2.1tCA$185.8b11.5x17.3x1.5x
Mon, 17 Jul 2023CA$3.3tCA$2.1tCA$199.9b11.4x16.3x1.5x
Wed, 14 Jun 2023CA$3.2tCA$2.1tCA$199.7b11x16.1x1.5x
Fri, 12 May 2023CA$3.3tCA$2.1tCA$208.0b11.2x15.8x1.5x
Sun, 09 Apr 2023CA$3.3tCA$2.1tCA$216.4b10.6x15.2x1.6x
Tue, 07 Mar 2023CA$3.4tCA$2.1tCA$221.3b11x15.2x1.6x
Thu, 02 Feb 2023CA$3.4tCA$2.1tCA$246.6b11.2x13.8x1.6x
Sat, 31 Dec 2022CA$3.2tCA$2.1tCA$245.7b10.7x13.1x1.5x
Mon, 28 Nov 2022CA$3.4tCA$2.1tCA$239.3b10.6x14.1x1.6x
Wed, 26 Oct 2022CA$3.2tCA$2.1tCA$240.3b10x13.4x1.5x
Fri, 23 Sep 2022CA$3.2tCA$2.1tCA$240.1b9.9x13.4x1.5x
Price to Earnings Ratio

13.4x


Total Market Cap: CA$3.2tTotal Earnings: CA$240.1bTotal Revenue: CA$2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 19.2x202320242025
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 19.2x.
Past Earnings Growth
  • The earnings for Canadian listed companies have declined 4.5% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Canadian Market?

CA Market1.06%
Materials2.86%
Energy2.41%
Financials1.22%
Utilities0.85%
Consumer Discretionary0.64%
Real Estate0.30%
Industrials-0.20%
Telecom-1.07%
Consumer Staples-1.19%
Tech-2.57%
Healthcare-3.09%
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 30.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 51% over the next 5 years.
  • This is better than its past earnings decline of 5.5% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 3.9% 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
TD Toronto-Dominion BankCA$106.963.6%
+CA$7.1b		25.1%PB1.5xFinancials
BN BrookfieldCA$95.573.9%
+CA$5.4b		39.5%PE157.2xFinancials
CCO CamecoCA$118.8711.4%
+CA$5.3b		115.7%PE97xEnergy
CNQ Canadian Natural ResourcesCA$44.155.5%
+CA$4.8b		0.5%PE11.1xEnergy
FFH Fairfax Financial HoldingsCA$2.42k2.2%
+CA$4.7b		43.5%PE9.2xFinancials
See more

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