Canadian Book Value Per Share from 2010 to 2025

CSIQ Stock  USD 10.46  0.22  2.15%   
Canadian Solar Book Value Per Share yearly trend continues to be relatively stable with very little volatility. Book Value Per Share is likely to grow to 53.56 this year. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Canadian Solar according to its financial statements. View All Fundamentals
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
51.01
Current Value
53.56
Quarterly Volatility
17.41853212
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canadian Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian Solar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 370.8 M, Interest Expense of 137.8 M or Selling General Administrative of 318.8 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 9.0E-4 or PTB Ratio of 0.73. Canadian financial statements analysis is a perfect complement when working with Canadian Solar Valuation or Volatility modules.
  
Check out the analysis of Canadian Solar Correlation against competitors.
To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.

Latest Canadian Solar's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Canadian Solar over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Canadian Solar's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Solar's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 38.68 X10 Years Trend
Slightly volatile
   Book Value Per Share   
       Timeline  

Canadian Book Value Per Share Regression Statistics

Arithmetic Mean24.80
Geometric Mean14.87
Coefficient Of Variation70.22
Mean Deviation14.32
Median20.84
Standard Deviation17.42
Sample Variance303.41
Range56.6262
R-Value0.95
Mean Square Error28.73
R-Squared0.91
Slope3.49
Total Sum of Squares4,551

Canadian Book Value Per Share History

2025 53.56
2024 51.01
2023 56.68
2022 35.86
2021 34.51
2020 31.77
2019 23.9

Other Fundumenentals of Canadian Solar

Canadian Solar Book Value Per Share component correlations

0.990.920.971.00.980.960.64-0.460.660.950.930.980.950.030.830.480.730.7-0.440.820.80.570.840.69
0.990.90.970.970.970.980.56-0.50.660.950.920.960.950.060.870.390.720.69-0.520.880.770.650.840.66
0.920.90.920.940.950.90.62-0.540.760.890.790.860.980.320.860.550.830.78-0.380.860.660.630.760.5
0.970.970.920.960.950.940.62-0.390.690.970.930.950.930.070.840.350.680.67-0.450.80.80.590.880.64
1.00.970.940.960.990.940.69-0.460.690.940.910.970.960.080.820.540.740.73-0.40.810.780.550.820.66
0.980.970.950.950.990.940.66-0.510.740.920.890.930.980.130.860.520.790.72-0.440.850.750.620.810.61
0.960.980.90.940.940.940.46-0.60.580.940.910.930.930.080.90.360.760.7-0.550.910.760.70.830.62
0.640.560.620.620.690.660.460.130.70.620.560.650.590.260.40.630.270.60.030.290.430.060.420.4
-0.46-0.5-0.54-0.39-0.46-0.51-0.60.13-0.14-0.34-0.37-0.38-0.57-0.1-0.58-0.42-0.8-0.370.43-0.71-0.31-0.49-0.36-0.21
0.660.660.760.690.690.740.580.7-0.140.650.540.570.770.50.690.420.530.64-0.220.620.390.490.440.17
0.950.950.890.970.940.920.940.62-0.340.650.920.950.910.150.830.330.640.75-0.430.790.790.610.840.62
0.930.920.790.930.910.890.910.56-0.370.540.920.930.84-0.140.750.240.590.56-0.440.730.80.540.80.6
0.980.960.860.950.970.930.930.65-0.380.570.950.930.88-0.040.770.470.630.71-0.340.730.820.480.840.72
0.950.950.980.930.960.980.930.59-0.570.770.910.840.880.270.890.50.840.75-0.470.90.690.690.770.53
0.030.060.320.070.080.130.080.26-0.10.50.15-0.14-0.040.270.270.290.20.570.040.29-0.250.33-0.17-0.31
0.830.870.860.840.820.860.90.4-0.580.690.830.750.770.890.270.350.830.74-0.540.90.770.740.790.46
0.480.390.550.350.540.520.360.63-0.420.420.330.240.470.50.290.350.540.60.150.30.28-0.070.250.28
0.730.720.830.680.740.790.760.27-0.80.530.640.590.630.840.20.830.540.59-0.510.830.640.610.670.38
0.70.690.780.670.730.720.70.6-0.370.640.750.560.710.750.570.740.60.59-0.030.660.510.530.520.35
-0.44-0.52-0.38-0.45-0.4-0.44-0.550.030.43-0.22-0.43-0.44-0.34-0.470.04-0.540.15-0.51-0.03-0.68-0.36-0.54-0.44-0.28
0.820.880.860.80.810.850.910.29-0.710.620.790.730.730.90.290.90.30.830.66-0.680.550.790.650.41
0.80.770.660.80.780.750.760.43-0.310.390.790.80.820.69-0.250.770.280.640.51-0.360.550.420.930.69
0.570.650.630.590.550.620.70.06-0.490.490.610.540.480.690.330.74-0.070.610.53-0.540.790.420.530.19
0.840.840.760.880.820.810.830.42-0.360.440.840.80.840.77-0.170.790.250.670.52-0.440.650.930.530.76
0.690.660.50.640.660.610.620.4-0.210.170.620.60.720.53-0.310.460.280.380.35-0.280.410.690.190.76
Click cells to compare fundamentals

About Canadian Solar Financial Statements

Canadian Solar shareholders use historical fundamental indicators, such as Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Canadian Solar investors may analyze each financial statement separately, they are all interrelated. The changes in Canadian Solar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canadian Solar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Book Value Per Share 51.01  53.56 
Tangible Book Value Per Share 50.74  53.27 

Pair Trading with Canadian Solar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Canadian Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Canadian Solar will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

  0.7VECO Veeco InstrumentsPairCorr

Moving against Canadian Stock

  0.65CSCO Cisco SystemsPairCorr
  0.44NVMI NovaPairCorr
  0.42TER Teradyne Downward RallyPairCorr
  0.39MSFT Microsoft Downward RallyPairCorr
The ability to find closely correlated positions to Canadian Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Canadian Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Canadian Solar to buy it.
The correlation of Canadian Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Canadian Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Canadian Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Canadian Stock Analysis

When running Canadian Solar's price analysis, check to measure Canadian Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.