Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Canadian (TSX) Market Analysis & Valuation

UpdatedMar 10, 2025
DataAggregated Company Financials
Companies2316
  • 7D-1.0%
  • 3M-3.1%
  • 1Y11.1%
  • YTD-0.8%

Over the last 7 days, the market has dropped 1.0%, driven by a decline of 3.9% in the Financials sector. In contrast to the last week, the market is actually up 11% over the past year. Looking forward, 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
Mon, 10 Mar 2025CA$3.9tCA$2.1tCA$173.5b14.9x22.7x1.8x
Wed, 05 Feb 2025CA$3.9tCA$2.1tCA$170.6b14.4x22.8x1.8x
Fri, 03 Jan 2025CA$3.9tCA$2.1tCA$169.2b14.2x22.9x1.8x
Sun, 01 Dec 2024CA$4.0tCA$2.1tCA$166.3b14.8x24x1.9x
Tue, 29 Oct 2024CA$3.9tCA$2.1tCA$167.7b15.3x23.2x1.8x
Thu, 26 Sep 2024CA$3.8tCA$2.1tCA$167.5b15.3x22.8x1.8x
Sat, 24 Aug 2024CA$3.7tCA$2.1tCA$166.6b15x22.1x1.8x
Mon, 22 Jul 2024CA$3.6tCA$2.1tCA$167.7b14x21.7x1.8x
Wed, 19 Jun 2024CA$3.5tCA$2.1tCA$167.4b14.1x20.8x1.7x
Fri, 17 May 2024CA$3.6tCA$2.0tCA$167.7b14.2x21.6x1.8x
Sun, 14 Apr 2024CA$3.6tCA$2.1tCA$174.6b14.1x20.4x1.7x
Tue, 12 Mar 2024CA$3.5tCA$2.1tCA$173.2b13.7x20.1x1.7x
Thu, 08 Feb 2024CA$3.4tCA$2.1tCA$172.9b13x19.4x1.6x
Sat, 06 Jan 2024CA$3.4tCA$2.1tCA$173.1b13x19.5x1.6x
Mon, 04 Dec 2023CA$3.3tCA$2.1tCA$171.9b12.4x19.1x1.6x
Wed, 01 Nov 2023CA$3.1tCA$2.1tCA$184.3b11.6x16.6x1.5x
Fri, 29 Sep 2023CA$3.2tCA$2.1tCA$184.4b11.5x17.3x1.5x
Sun, 27 Aug 2023CA$3.2tCA$2.1tCA$184.9b11.5x17.4x1.5x
Tue, 25 Jul 2023CA$3.3tCA$2.1tCA$200.1b11.8x16.6x1.6x
Thu, 22 Jun 2023CA$3.2tCA$2.1tCA$200.2b11.1x15.9x1.5x
Sat, 20 May 2023CA$3.3tCA$2.2tCA$206.2b11.1x15.9x1.5x
Mon, 17 Apr 2023CA$3.4tCA$2.1tCA$217.3b10.6x15.5x1.6x
Wed, 15 Mar 2023CA$3.2tCA$2.1tCA$220.1b10.6x14.6x1.5x
Fri, 10 Feb 2023CA$3.4tCA$2.1tCA$245.8b11.1x13.7x1.6x
Sun, 08 Jan 2023CA$3.3tCA$2.1tCA$245.4b10.6x13.3x1.6x
Tue, 06 Dec 2022CA$3.4tCA$2.1tCA$243.5b10.7x13.8x1.6x
Thu, 03 Nov 2022CA$3.2tCA$2.0tCA$235.5b9.9x13.5x1.6x
Sat, 01 Oct 2022CA$3.1tCA$2.1tCA$241.1b9.6x13x1.5x
Mon, 29 Aug 2022CA$3.3tCA$2.0tCA$235.9b10.6x14.1x1.7x
Wed, 27 Jul 2022CA$3.2tCA$2.0tCA$230.8b10.3x13.8x1.6x
Fri, 24 Jun 2022CA$3.1tCA$2.0tCA$231.6b10.4x13.5x1.6x
Sun, 22 May 2022CA$3.4tCA$1.9tCA$226.9b11.4x15x1.7x
Tue, 19 Apr 2022CA$3.7tCA$1.9tCA$212.1b12.7x17.3x2x
Thu, 17 Mar 2022CA$3.6tCA$1.9tCA$213.7b12.7x16.8x1.9x
Price to Earnings Ratio

16.8x


Total Market Cap: CA$3.6tTotal Earnings: CA$213.7bTotal Revenue: CA$1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Market Price to Earnings3Y Average 17.9x202320242025
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 22.7x which is higher than its 3-year average PE of 17.9x.
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 4.8% 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-1.03%
Telecom2.70%
Materials2.54%
Consumer Staples2.31%
Consumer Discretionary1.04%
Utilities0.51%
Real Estate0.054%
Industrials-0.21%
Tech-0.78%
Energy-1.04%
Healthcare-2.53%
Financials-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 245x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.5%, which is higher than its past year's earnings growth of 24.9% per year.
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 decline of 3.7% per year.
  • In contrast, the Consumer Staples sector is expected to see its earnings grow by 6.9% 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
CNQ Canadian Natural ResourcesCA$40.915.6%
+CA$4.1b		-15.9%PE14.1xEnergy
BCE BCECA$36.357.1%
+CA$2.5b		-26.0%PE205.6xTelecom
L Loblaw CompaniesCA$192.843.6%
+CA$2.0b		29.0%PE26.9xConsumer Staples
IMO Imperial OilCA$99.923.9%
+CA$1.9b		13.1%PE10.6xEnergy
TRP TC EnergyCA$66.752.7%
+CA$1.7b		21.9%PE15.9xEnergy
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

🚗 Automakers Caught In The Tariff Crossfire

Richard Bowman avatar
Richard Bowman
|
|

5 comments

Talk about chaotic markets. Donald Trump’s on-again off-again tariffs on imports from Canada and Mexico caused markets to see-saw last week. Regardless of what happens next, the uncertainty could now...
Continue reading
The Nuances And Headwinds To ESG Investing
Last Week

The Nuances And Headwinds To ESG Investing

Latest News

MFC

CA$42.08

Manulife Financial

7D

-5.3%

1Y

31.1%

CSU

CA$4,948.19

Constellation Software

7D

1.8%

1Y

30.4%

Constellation Software (TSE:CSU) Has A Rock Solid Balance Sheet

Mar 09
Constellation Software (TSE:CSU) Has A Rock Solid Balance Sheet

CNQ

CA$40.74

Canadian Natural Resources

7D

5.1%

1Y

-16.2%

BCE

CA$35.61

BCE

7D

4.9%

1Y

-27.5%

BMO

CA$141.61

Bank of Montreal

7D

-4.0%

1Y

11.2%

BN

CA$74.87

Brookfield

7D

-8.7%

1Y

32.0%

ENB

CA$60.38

Enbridge

7D

-2.4%

1Y

24.3%

BAM

CA$69.86

Brookfield Asset Management

7D

-13.1%

1Y

23.6%

IVN

CA$14.12

Ivanhoe Mines

7D

11.4%

1Y

-3.9%

Ivanhoe Mines (TSE:IVN) Strong Profits May Be Masking Some Underlying Issues

Mar 03
Ivanhoe Mines (TSE:IVN) Strong Profits May Be Masking Some Underlying Issues

CNR

CA$145.24

Canadian National Railway

7D

1.9%

1Y

-16.3%

RY

CA$165.38

Royal Bank of Canada

7D

-2.5%

1Y

22.6%

CM

CA$81.52

Canadian Imperial Bank of Commerce

7D

-5.9%

1Y

21.9%

ABX

CA$26.74

Barrick Gold

7D

4.2%

1Y

24.9%

BNS

CA$69.49

Bank of Nova Scotia

7D

-3.0%

1Y

3.2%

Bank of Nova Scotia (TSE:BNS) Has Announced A Dividend Of CA$1.06

Feb 28
Bank of Nova Scotia (TSE:BNS) Has Announced A Dividend Of CA$1.06

L

CA$192.63

Loblaw Companies

7D

3.5%

1Y

28.9%

ATD

CA$72.75

Alimentation Couche-Tard

7D

2.7%

1Y

-11.9%