Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Canadian (TSX) Market Analysis & Valuation

UpdatedJan 14, 2025
DataAggregated Company Financials
Companies2363
  • 7D-1.7%
  • 3M-1.1%
  • 1Y14.0%
  • YTD-1.5%

Over the last 7 days, the market has dropped 1.7%, driven by a decline of 2.3% in the Financials sector. In contrast to the last week, the market is actually up 14% over the past year. As for the next few years, earnings are expected to grow by 15% 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, 14 Jan 2025CA$3.9tCA$2.1tCA$171.2b14.2x22.5x1.8x
Thu, 12 Dec 2024CA$4.0tCA$2.1tCA$169.1b14.8x23.5x1.9x
Sat, 09 Nov 2024CA$3.9tCA$2.1tCA$170.5b14.7x23.1x1.9x
Mon, 07 Oct 2024CA$3.8tCA$2.1tCA$167.4b15.4x23x1.8x
Wed, 04 Sep 2024CA$3.7tCA$2.1tCA$167.7b15x22.3x1.8x
Fri, 02 Aug 2024CA$3.7tCA$2.1tCA$166.6b14.1x22.3x1.8x
Sun, 30 Jun 2024CA$3.5tCA$2.1tCA$166.4b14.2x21.2x1.7x
Tue, 28 May 2024CA$3.6tCA$2.0tCA$166.3b14.3x21.8x1.8x
Thu, 25 Apr 2024CA$3.5tCA$2.1tCA$173.9b13.9x20.3x1.7x
Sat, 23 Mar 2024CA$3.5tCA$2.0tCA$173.6b13.6x20.2x1.7x
Mon, 19 Feb 2024CA$3.4tCA$2.1tCA$177.4b13.5x19.2x1.6x
Wed, 17 Jan 2024CA$3.4tCA$2.1tCA$173.3b12.8x19.6x1.6x
Fri, 15 Dec 2023CA$3.3tCA$2.1tCA$173.0b12.7x19.2x1.6x
Sun, 12 Nov 2023CA$3.2tCA$2.1tCA$177.6b11.9x17.8x1.5x
Tue, 10 Oct 2023CA$3.1tCA$2.1tCA$185.2b11.2x16.9x1.5x
Thu, 07 Sep 2023CA$3.3tCA$2.1tCA$184.8b11.4x17.7x1.5x
Sat, 05 Aug 2023CA$3.3tCA$2.1tCA$185.0b11.8x17.8x1.6x
Mon, 03 Jul 2023CA$3.2tCA$2.1tCA$200.2b11x16.2x1.5x
Wed, 31 May 2023CA$3.2tCA$2.1tCA$200.4b11.1x16x1.5x
Fri, 28 Apr 2023CA$3.3tCA$2.1tCA$215.3b10.7x15.5x1.6x
Sun, 26 Mar 2023CA$3.1tCA$2.1tCA$214.7b10.5x14.6x1.5x
Tue, 21 Feb 2023CA$3.4tCA$2.1tCA$236.6b11x14.2x1.6x
Thu, 19 Jan 2023CA$3.4tCA$2.1tCA$245.5b10.8x13.7x1.6x
Sat, 17 Dec 2022CA$3.2tCA$2.0tCA$244.3b10.4x13.1x1.6x
Mon, 14 Nov 2022CA$3.3tCA$2.0tCA$240.0b10.3x13.8x1.6x
Wed, 12 Oct 2022CA$3.1tCA$2.1tCA$241.3b9.5x12.9x1.5x
Fri, 09 Sep 2022CA$3.3tCA$2.1tCA$239.4b10.5x13.8x1.6x
Sun, 07 Aug 2022CA$3.3tCA$2.0tCA$237.5b10.2x13.7x1.6x
Tue, 05 Jul 2022CA$3.2tCA$2.0tCA$231.2b10.5x13.7x1.6x
Thu, 02 Jun 2022CA$3.4tCA$1.9tCA$227.7b11.8x15x1.8x
Sat, 30 Apr 2022CA$3.5tCA$1.9tCA$216.4b12.3x16.2x1.9x
Mon, 28 Mar 2022CA$3.7tCA$1.9tCA$211.9b13x17.5x2x
Wed, 23 Feb 2022CA$3.5tCA$1.8tCA$199.2b12.9x17.6x1.9x
Fri, 21 Jan 2022CA$3.5tCA$1.8tCA$188.5b13.1x18.5x2x
Price to Earnings Ratio

18.5x


Total Market Cap: CA$3.5tTotal Earnings: CA$188.5bTotal Revenue: CA$1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 17.7x202320242025
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 22.5x which is higher than its 3-year average PE of 17.7x.
Past Earnings Growth
  • The earnings for Canadian listed companies have declined 3.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.3% 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 Market-1.66%
Materials0.36%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Energy-0.11%
Tech-1.51%
Consumer Discretionary-1.75%
Financials-2.31%
Consumer Staples-2.39%
Telecom-2.61%
Industrials-2.73%
Utilities-3.31%
Real Estate-3.32%
Healthcare-4.92%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 236x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 34.8%, which is higher than its past year's earnings growth of 19.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 59% over the next 5 years.
  • This is better than its past earnings decline of 3.7% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 5.7% 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
SU Suncor EnergyCA$56.737.1%
+CA$4.8b		29.2%PE8.9xEnergy
IMO Imperial OilCA$95.835.8%
+CA$2.7b		22.0%PE10.1xEnergy
NTR NutrienCA$73.726.1%
+CA$2.1b		9.2%PE34.5xMaterials
ENB EnbridgeCA$62.471.4%
+CA$1.9b		26.4%PE21.6xEnergy
FNV Franco-NevadaCA$178.973.4%
+CA$1.1b		21.4%PS22xMaterials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

Sectors And Industries To Watch In 2025

Richard Bowman avatar
Richard Bowman
|
|

5 comments

Last week we covered which markets would sink or swim in 2025, at least, according to analysts' estimates. This week, we wanted to go a layer deeper...

Continue reading

Which Markets Will Sink Or Swim In 2025
Last Week

Which Markets Will Sink Or Swim In 2025

Latest News

BN

CA$79.05

Brookfield

7D

-4.0%

1Y

50.4%

K

CA$14.50

Kinross Gold

7D

4.5%

1Y

85.7%

TRI

CA$223.17

Thomson Reuters

7D

-3.3%

1Y

13.4%

RY

CA$170.81

Royal Bank of Canada

7D

-2.0%

1Y

29.0%

Royal Bank of Canada's (TSE:RY) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 13
Royal Bank of Canada's (TSE:RY) Shareholders Will Receive A Bigger Dividend Than Last Year

BMO

CA$139.46

Bank of Montreal

7D

1.1%

1Y

9.6%

Bank of Montreal (TSE:BMO) Will Pay A Larger Dividend Than Last Year At CA$1.59

Jan 13
Bank of Montreal (TSE:BMO) Will Pay A Larger Dividend Than Last Year At CA$1.59

ENB

CA$62.47

Enbridge

7D

1.4%

1Y

26.4%

LUG

CA$33.91

Lundin Gold

7D

10.7%

1Y

121.2%

IMO

CA$95.83

Imperial Oil

7D

5.8%

1Y

22.0%

MFC

CA$42.53

Manulife Financial

7D

-3.7%

1Y

48.6%

It's A Story Of Risk Vs Reward With Manulife Financial Corporation (TSE:MFC)

Jan 09
It's A Story Of Risk Vs Reward With Manulife Financial Corporation (TSE:MFC)

CNR

CA$144.32

Canadian National Railway

7D

-2.8%

1Y

-14.4%

Canadian National Railway Company's (TSE:CNR) Popularity With Investors Is Under Threat From Overpricing

Jan 09
Canadian National Railway Company's (TSE:CNR) Popularity With Investors Is Under Threat From Overpricing

CP

CA$106.19

Canadian Pacific Kansas City

7D

-2.9%

1Y

2.1%

FNV

CA$178.97

Franco-Nevada

7D

3.4%

1Y

21.4%

BNS

CA$72.80

Bank of Nova Scotia

7D

-5.4%

1Y

15.7%

NTR

CA$73.72

Nutrien

7D

6.1%

1Y

9.2%

Nutrien (TSE:NTR) Has More To Do To Multiply In Value Going Forward

Jan 06
Nutrien (TSE:NTR) Has More To Do To Multiply In Value Going Forward

SU

CA$56.73

Suncor Energy

7D

7.1%

1Y

29.2%

CCO

CA$70.24

Cameco

7D

-10.6%

1Y

2.5%