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Canadian (TSX) Real Estate Services Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies6
  • 7D3.4%
  • 3M-1.4%
  • 1Y14.9%
  • YTDn/a

The Real Estate Services industry is up 3.4% in the last week, with Colliers International Group up 7.2%. This means that the industry has gained 15% over the past year. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Canadian Real Estate Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024CA$20.1bCA$13.4bCA$296.1m66x67.9x1.5x
Fri, 05 Apr 2024CA$21.2bCA$13.0bCA$253.1m80.4x83.9x1.6x
Sun, 03 Mar 2024CA$21.3bCA$12.9bCA$251.5m82.1x84.7x1.6x
Tue, 30 Jan 2024CA$20.6bCA$12.7bCA$221.8m167.3x93x1.6x
Thu, 28 Dec 2023CA$20.5bCA$12.5bCA$218.8m175.7x93.8x1.6x
Sat, 25 Nov 2023CA$19.2bCA$12.9bCA$225.0m150.6x85.2x1.5x
Mon, 23 Oct 2023CA$17.1bCA$12.8bCA$203.9m169.1x83.8x1.3x
Wed, 20 Sep 2023CA$19.5bCA$12.6bCA$200.6m184.6x97.2x1.5x
Fri, 18 Aug 2023CA$19.0bCA$12.7bCA$201.6m172.4x94.4x1.5x
Sun, 16 Jul 2023CA$19.5bCA$12.8bCA$204.6m85.6x95.2x1.5x
Tue, 13 Jun 2023CA$17.8bCA$13.0bCA$206.3m74.9x86.2x1.4x
Thu, 11 May 2023CA$16.9bCA$12.9bCA$210.6m70.5x80.3x1.3x
Sat, 08 Apr 2023CA$18.0bCA$12.9bCA$205.9m51.5x87.2x1.4x
Mon, 06 Mar 2023CA$18.9bCA$12.9bCA$217.3m50.8x86.8x1.5x
Wed, 01 Feb 2023CA$18.2bCA$12.6bCA$247.2m62.1x73.7x1.4x
Fri, 30 Dec 2022CA$16.2bCA$12.9bCA$260.5m53.5x62.1x1.3x
Sun, 27 Nov 2022CA$16.4bCA$12.7bCA$257.9m55.2x63.6x1.3x
Tue, 25 Oct 2022CA$16.3bCA$12.7bCA$313.9m43.1x52.1x1.3x
Thu, 22 Sep 2022CA$16.6bCA$12.5bCA$307.8m42.1x54x1.3x
Sat, 20 Aug 2022CA$18.5bCA$12.1bCA$299.8m47.3x61.6x1.5x
Mon, 18 Jul 2022CA$16.7bCA$11.7b-CA$321,331,077.0030x-52.1x1.4x
Wed, 15 Jun 2022CA$15.6bCA$11.6b-CA$318,715,880.0030.2x-48.8x1.3x
Fri, 13 May 2022CA$15.8bCA$11.6b-CA$319,189,322.0028.8x-49.5x1.4x
Sun, 10 Apr 2022CA$18.2bCA$10.8b-CA$242,187,786.0029.4x-75x1.7x
Tue, 08 Mar 2022CA$18.4bCA$10.9b-CA$245,790,075.0028.2x-74.7x1.7x
Thu, 03 Feb 2022CA$21.4bCA$10.1b-CA$269,947,073.0034.9x-79.4x2.1x
Sat, 01 Jan 2022CA$24.3bCA$10.1b-CA$263,458,288.0042x-92.1x2.4x
Mon, 29 Nov 2021CA$23.7bCA$10.2b-CA$266,785,175.0042.1x-88.7x2.3x
Wed, 27 Oct 2021CA$23.3bCA$9.3b-CA$258,369,809.0047.8x-90.3x2.5x
Fri, 24 Sep 2021CA$22.4bCA$9.5b-CA$265,884,767.0046.8x-84.1x2.3x
Sun, 22 Aug 2021CA$22.6bCA$9.3b-CA$258,663,562.4148.5x-87.5x2.4x
Fri, 09 Jul 2021CA$20.2bCA$9.3b-CA$258,663,562.4149.4x-78.2x2.2x
Price to Earnings Ratio

67.7x


Total Market Cap: CA$19.0bTotal Earnings: CA$280.7mTotal Revenue: CA$8.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Real Estate Services Industry Price to Earnings3Y Average 21.2x202220232024
Current Industry PE
  • Investors are optimistic on the Canadian Real Estate Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 67.9x which is higher than its 3-year average PE of 21.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Services industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 16% 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 and as a result, profits have held steady.

Industry Comparison

How does Canadian Real Estate Services compare with similar industries?

CA Market2.53%
Real Estate2.04%
Real Estate3.11%
Real Estate Services3.44%
Real Estate Development7.44%
Real Estate Operating Companies1.40%
Diversified Real Estate-0.85%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CIGI Colliers International GroupCA$153.677.2%
+CA$517.9m		25.2%PE57.2x
FSV FirstServiceCA$206.632.2%
+CA$199.2m		7.5%PE74.8x
REAL Real MattersCA$5.466.2%
+CA$23.3m		-2.0%PS1.8x
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Latest News

ISV

CA$26.00

Information Services

7D

-1.9%

1Y

18.3%

FSV

CA$206.63

FirstService

7D

2.2%

1Y

7.5%

REAL

CA$5.46

Real Matters

7D

6.2%

1Y

-2.0%

AIF

CA$49.17

Altus Group

7D

-2.7%

1Y

18.3%

CIGI

CA$153.67

Colliers International Group

7D

7.2%

1Y

25.2%

BRE

CA$13.62

Bridgemarq Real Estate Services

7D

-0.9%

1Y

-9.2%

Bridgemarq Real Estate Services (TSE:BRE) Will Pay A Dividend Of CA$0.1125

Apr 26
Bridgemarq Real Estate Services (TSE:BRE) Will Pay A Dividend Of CA$0.1125

APLV

CA$0.02

ApartmentLove

7D

-33.3%

1Y

-84.0%