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Canadian (TSX) IT Consulting Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies6
  • 7D4.0%
  • 3M-6.7%
  • 1Y4.8%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has risen 1.5%, driven by gains from CGI of 1.4%. In the same time, Pivotree was down 5.6%. This means that the industry has gained 4.4% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

Has the Canadian IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024CA$33.7bCA$17.8bCA$1.6b13x21.1x1.9x
Sat, 06 Apr 2024CA$34.7bCA$17.8bCA$1.6b13.3x22x2x
Mon, 04 Mar 2024CA$37.5bCA$17.8bCA$1.6b22.1x23.9x2.1x
Wed, 31 Jan 2024CA$35.6bCA$17.6bCA$1.5b21.3x23x2x
Fri, 29 Dec 2023CA$34.0bCA$17.6bCA$1.5b20.2x22x1.9x
Sun, 26 Nov 2023CA$33.1bCA$17.6bCA$1.5b19.6x21.4x1.9x
Tue, 24 Oct 2023CA$32.4bCA$17.2bCA$1.5b34.1x21.3x1.9x
Thu, 21 Sep 2023CA$33.1bCA$17.2bCA$1.5b35.6x21.7x1.9x
Sat, 19 Aug 2023CA$32.3bCA$17.2bCA$1.5b32.4x21.2x1.9x
Mon, 17 Jul 2023CA$34.1bCA$16.7bCA$1.5b23.7x22.8x2x
Wed, 14 Jun 2023CA$33.5bCA$16.7bCA$1.5b23.2x22.4x2x
Fri, 12 May 2023CA$33.4bCA$16.6bCA$1.5b23.5x22.2x2x
Sun, 09 Apr 2023CA$31.5bCA$16.0bCA$1.5b25.1x21.7x2x
Tue, 07 Mar 2023CA$30.6bCA$16.1bCA$1.5b22.5x21x1.9x
Thu, 02 Feb 2023CA$29.7bCA$15.7bCA$1.4b25.6x20.6x1.9x
Sat, 31 Dec 2022CA$28.9bCA$15.7bCA$1.4b22.2x20.1x1.8x
Mon, 28 Nov 2022CA$28.4bCA$15.7bCA$1.5b23.4x19.6x1.8x
Wed, 26 Oct 2022CA$27.0bCA$15.2bCA$1.4b43.3x19x1.8x
Fri, 23 Sep 2022CA$25.4bCA$15.2bCA$1.4b38.1x17.9x1.7x
Sun, 21 Aug 2022CA$27.0bCA$15.2bCA$1.4b41.7x19x1.8x
Tue, 19 Jul 2022CA$26.9bCA$14.7bCA$1.4b65.7x19.4x1.8x
Thu, 16 Jun 2022CA$25.1bCA$14.6bCA$1.4b74.2x18.1x1.7x
Sat, 14 May 2022CA$26.6bCA$14.6bCA$1.4b75.7x19x1.8x
Mon, 11 Apr 2022CA$27.1bCA$14.2bCA$1.4b70.7x19.6x1.9x
Wed, 09 Mar 2022CA$27.0bCA$14.0bCA$1.4b102.2x19.7x1.9x
Fri, 04 Feb 2022CA$29.1bCA$14.0bCA$1.4b111.3x21.2x2.1x
Sun, 02 Jan 2022CA$29.9bCA$13.9bCA$1.3b124x22.1x2.2x
Tue, 30 Nov 2021CA$28.9bCA$13.9bCA$1.3b123x21.4x2.1x
Thu, 28 Oct 2021CA$29.9bCA$13.6bCA$1.3b42.1x23.8x2.2x
Sat, 25 Sep 2021CA$31.4bCA$13.6bCA$1.3b45.6x25x2.3x
Mon, 23 Aug 2021CA$30.0bCA$13.6bCA$1.3b52.6x23.9x2.2x
Sat, 10 Jul 2021CA$30.0bCA$13.6bCA$1.3b45.6x23.9x2.2x
Price to Earnings Ratio

24.2x


Total Market Cap: CA$28.4bTotal Earnings: CA$1.2bTotal Revenue: CA$13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian IT Consulting Industry Price to Earnings3Y Average 21.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the Canadian IT Consulting and Other Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.4x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 9.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian IT Consulting compare with similar industries?

CA Market3.09%
Tech3.86%
IT3.97%
IT Consulting3.97%
Internet Services and Infrastructure4.83%
Data Processing Services0%
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
GIB.A CGICA$141.963.8%
+CA$1.2b		3.3%PE19.7x
CTS Converge Technology SolutionsCA$5.738.9%
+CA$95.0m		111.4%PS0.4x
ALYA Alithya GroupCA$2.130.5%
+CA$954.2k		-15.6%PS0.4x
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Latest News

SPTZ

CA$0.18

Spetz

7D

-21.7%

1Y

-82.0%

PVT

CA$1.70

Pivotree

7D

-8.1%

1Y

-46.9%

Pivotree Inc.'s (CVE:PVT) 39% Price Boost Is Out Of Tune With Revenues

May 05
Pivotree Inc.'s (CVE:PVT) 39% Price Boost Is Out Of Tune With Revenues

CTS

CA$5.73

Converge Technology Solutions

7D

8.9%

1Y

111.4%

Is Converge Technology Solutions Corp. (TSE:CTS) Trading At A 49% Discount?

May 02
Is Converge Technology Solutions Corp. (TSE:CTS) Trading At A 49% Discount?

GIB.A

CA$141.96

CGI

7D

3.8%

1Y

3.3%

Is It Time To Consider Buying CGI Inc. (TSE:GIB.A)?

May 02
Is It Time To Consider Buying CGI Inc. (TSE:GIB.A)?

ALYA

CA$2.13

Alithya Group

7D

0.5%

1Y

-15.6%