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Canadian (TSX) Market Analysis & Valuation

UpdatedFeb 22, 2025
DataAggregated Company Financials
Companies2333
  • 7D-1.0%
  • 3M-1.5%
  • 1Y14.4%
  • YTD0.5%

In the last week, the market has been flat, with a notable exception in the Information Technology sector dropping 3.9%. More promisingly, the market is up 14% over the past year. Earnings are forecast to grow by 16% annually.

Trending IndustriesOil and GasGoldBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Feb 2025CA$4.0tCA$2.1tCA$169.1b14.8x23.6x1.9x
Mon, 20 Jan 2025CA$3.9tCA$2.1tCA$171.3b14.3x22.8x1.8x
Wed, 18 Dec 2024CA$3.9tCA$2.1tCA$169.4b14.2x23.1x1.8x
Fri, 15 Nov 2024CA$3.9tCA$2.1tCA$167.2b14.8x23.3x1.8x
Sun, 13 Oct 2024CA$3.9tCA$2.1tCA$168.0b15.7x23.2x1.8x
Tue, 10 Sep 2024CA$3.7tCA$2.1tCA$167.4b14.9x22x1.8x
Thu, 08 Aug 2024CA$3.5tCA$2.1tCA$167.4b13.6x21.1x1.7x
Sat, 06 Jul 2024CA$3.6tCA$2.0tCA$166.4b13.9x21.5x1.7x
Mon, 03 Jun 2024CA$3.6tCA$2.0tCA$166.2b14.4x21.7x1.8x
Wed, 01 May 2024CA$3.5tCA$2.1tCA$173.3b13.9x20.2x1.7x
Fri, 29 Mar 2024CA$3.5tCA$2.0tCA$175.1b13.8x20.2x1.7x
Sun, 25 Feb 2024CA$3.4tCA$2.1tCA$173.8b14.1x19.8x1.7x
Tue, 23 Jan 2024CA$3.4tCA$2.1tCA$173.3b12.9x19.4x1.6x
Thu, 21 Dec 2023CA$3.3tCA$2.1tCA$173.0b13x19.4x1.6x
Sat, 18 Nov 2023CA$3.2tCA$2.1tCA$179.9b12x17.9x1.6x
Mon, 16 Oct 2023CA$3.2tCA$2.1tCA$185.2b11.6x17.1x1.5x
Wed, 13 Sep 2023CA$3.3tCA$2.1tCA$184.7b11.8x17.7x1.5x
Fri, 11 Aug 2023CA$3.3tCA$2.1tCA$184.6b11.7x17.9x1.5x
Sun, 09 Jul 2023CA$3.2tCA$2.1tCA$200.3b11.2x16x1.5x
Tue, 06 Jun 2023CA$3.2tCA$2.1tCA$200.0b11x16.2x1.5x
Thu, 04 May 2023CA$3.3tCA$2.1tCA$213.2b11x15.5x1.6x
Sat, 01 Apr 2023CA$3.3tCA$2.1tCA$216.9b10.5x15.2x1.6x
Mon, 27 Feb 2023CA$3.3tCA$2.1tCA$233.6b10.8x14.2x1.6x
Wed, 25 Jan 2023CA$3.4tCA$2.1tCA$245.1b10.8x13.8x1.6x
Fri, 23 Dec 2022CA$3.2tCA$2.1tCA$246.0b10.3x12.9x1.5x
Sun, 20 Nov 2022CA$3.3tCA$2.0tCA$238.3b10.3x13.8x1.6x
Tue, 18 Oct 2022CA$3.1tCA$2.1tCA$241.6b9.5x12.9x1.5x
Thu, 15 Sep 2022CA$3.3tCA$2.1tCA$239.4b10.4x14x1.6x
Sat, 13 Aug 2022CA$3.4tCA$2.0tCA$236.2b10.7x14.2x1.7x
Mon, 11 Jul 2022CA$3.2tCA$2.0tCA$231.4b10.4x13.7x1.6x
Wed, 08 Jun 2022CA$3.5tCA$1.9tCA$230.1b11.9x15.3x1.8x
Fri, 06 May 2022CA$3.5tCA$1.9tCA$218.9b12.2x15.9x1.8x
Sun, 03 Apr 2022CA$3.7tCA$1.9tCA$213.0b13.1x17.3x2x
Tue, 01 Mar 2022CA$3.5tCA$1.8tCA$208.2b13.2x17x1.9x
Price to Earnings Ratio

17x


Total Market Cap: CA$3.5tTotal Earnings: CA$208.2bTotal Revenue: CA$1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 17.8x202320242025
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 23.6x which is higher than its 3-year average PE of 17.8x.
Past Earnings Growth
  • The earnings for Canadian listed companies have declined 6.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.0% 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-0.97%
Utilities1.50%
Telecom0.80%
Consumer Discretionary0.31%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Industrials-0.28%
Real Estate-0.60%
Financials-0.95%
Healthcare-1.08%
Consumer Staples-1.13%
Materials-1.17%
Energy-1.42%
Tech-3.87%
Sector PE
  • Investors favour the Materials sector the most for future growth even though it's trading below its 3-year average PE ratio of 244x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 32.2%, which is higher than its past year's earnings growth of 26.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 53% 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 7.9% 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
CNR Canadian National RailwayCA$147.942.7%
+CA$2.4b		-16.7%PE20.9xIndustrials
TRI Thomson ReutersCA$250.581.8%
+CA$2.0b		17.2%PE36.2xIndustrials
MFC Manulife FinancialCA$43.162.6%
+CA$1.9b		31.5%PE14.7xFinancials
ABX Barrick GoldCA$26.052.4%
+CA$1.1b		30.9%PE14.7xMaterials
DOL DollaramaCA$143.282.7%
+CA$1.1b		35.6%PE36.1xConsumer Discretionary
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DOL

CA$143.28

Dollarama

7D

2.7%

1Y

35.6%

TRI

CA$250.58

Thomson Reuters

7D

1.8%

1Y

17.2%

CCO

CA$61.87

Cameco

7D

-7.5%

1Y

14.0%

Cameco Corporation's (TSE:CCO) Share Price Could Signal Some Risk

Feb 21
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GIB.A

CA$160.23

CGI

7D

-6.1%

1Y

2.1%

CGI Inc.'s (TSE:GIB.A) Business Is Yet to Catch Up With Its Share Price

Feb 21
CGI Inc.'s (TSE:GIB.A) Business Is Yet to Catch Up With Its Share Price

TFII

CA$134.80

TFI International

7D

-26.1%

1Y

-32.8%

TFI International Inc. (TSE:TFII) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing

Feb 21
TFI International Inc. (TSE:TFII) Stocks Pounded By 26% But Not Lagging Market On Growth Or Pricing

NTR

CA$74.82

Nutrien

7D

3.7%

1Y

4.0%

MFC

CA$43.16

Manulife Financial

7D

2.6%

1Y

31.5%

IVN

CA$14.97

Ivanhoe Mines

7D

-10.1%

1Y

2.2%

CNR

CA$147.94

Canadian National Railway

7D

2.7%

1Y

-16.7%

Estimating The Intrinsic Value Of Canadian National Railway Company (TSE:CNR)

Feb 19
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ABX

CA$26.05

Barrick Gold

7D

2.4%

1Y

30.9%

POU

CA$17.65

Paramount Resources

7D

-44.4%

1Y

-38.8%

ENB

CA$59.45

Enbridge

7D

-2.7%

1Y

26.5%

BAM

CA$83.31

Brookfield Asset Management

7D

-1.7%

1Y

49.8%

BN

CA$83.72

Brookfield

7D

-2.9%

1Y

50.3%

TD

CA$85.12

Toronto-Dominion Bank

7D

0.6%

1Y

4.3%

TOU

CA$69.73

Tourmaline Oil

7D

3.2%

1Y

17.6%

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