Canadian Solar Revenue vs. Price To Book
| CSIQ Stock | USD 25.18 0.23 0.91% |
Total Revenue | First Reported 2004-03-31 | Previous Quarter 1.7 B | Current Value 1.5 B | Quarterly Volatility 598.5 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.22 | 0.19 |
|
|
For Canadian Solar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canadian Solar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canadian Solar utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canadian Solar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canadian Solar over time as well as its relative position and ranking within its peers.
Check out Trending Equities. Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Solar. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3 | Earnings Share (0.19) | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets |
The market value of Canadian Solar is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Solar's value that differs from its market value or its book value, called intrinsic value, which is Canadian Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Solar's market value can be influenced by many factors that don't directly affect Canadian Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Canadian Solar Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Canadian Solar's current stock value. Our valuation model uses many indicators to compare Canadian Solar value to that of its competitors to determine the firm's financial worth. Canadian Solar is the top company in revenue category among its peers. It also is number one stock in price to book category among its peers . The ratio of Revenue to Price To Book for Canadian Solar is about 10,101,818,642 . At this time, Canadian Solar's Total Revenue is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Canadian Solar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Canadian Revenue vs. Competition
Canadian Solar is the top company in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 73.12 Billion. Canadian Solar holds roughly 5.99 Billion in revenue claiming about 8% of equities under Information Technology industry.
Canadian Price To Book vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Canadian Solar |
| = | 5.99 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Canadian Solar |
| = | 0.59 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Canadian Price To Book Comparison
Canadian Solar is currently under evaluation in price to book category among its peers.
Canadian Solar Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Canadian Solar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canadian Solar will eventually generate negative long term returns. The profitability progress is the general direction of Canadian Solar's change in net profit over the period of time. It can combine multiple indicators of Canadian Solar, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -176.7 M | -167.9 M | |
| Operating Income | -34.6 M | -32.9 M | |
| Income Before Tax | -108.6 M | -103.2 M | |
| Total Other Income Expense Net | -57.9 M | -55 M | |
| Net Loss | -89.5 M | -85.1 M | |
| Income Tax Expense | -19.1 M | -18.1 M | |
| Net Income Applicable To Common Shares | 276 M | 289.8 M | |
| Net Loss | -89.5 M | -85.1 M | |
| Interest Income | 101.7 M | 106.8 M | |
| Net Interest Income | -56.3 M | -59.2 M | |
| Change To Netincome | 222 M | 233.1 M | |
| Net Income Per Share | 0.49 | 0.90 | |
| Income Quality | 13.08 | 20.61 | |
| Net Loss | (0.34) | (0.33) |
Canadian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Canadian Solar. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Canadian Solar position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Canadian Solar's important profitability drivers and their relationship over time.
Canadian Solar Earnings Estimation Breakdown
The calculation of Canadian Solar's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Canadian Solar is estimated to be -0.312 with the future projection ranging from a low of -1.07 to a high of 0.4. Please be aware that this consensus of annual earnings estimates for Canadian Solar is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
-1.07 Lowest | Expected EPS | 0.40 Highest |
Canadian Solar Earnings Projection Consensus
Suppose the current estimates of Canadian Solar's value are higher than the current market price of the Canadian Solar stock. In this case, investors may conclude that Canadian Solar is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Canadian Solar's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2026 | Current EPS (TTM) | |
| 11 | 17.06% | 0.0 | -0.312 | -0.19 |
Canadian Solar Earnings per Share Projection vs Actual
Actual Earning per Share of Canadian Solar refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Canadian Solar predict the company's earnings will be in the future. The higher the earnings per share of Canadian Solar, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Canadian Solar Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Canadian Solar, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Canadian Solar should always be considered in relation to other companies to make a more educated investment decision.Canadian Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Canadian Solar's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2025-10-27 | 2025-09-30 | -0.3399 | -0.58 | -0.2401 | 70 | ||
2025-08-21 | 2025-06-30 | 1.48 | -0.53 | -2.01 | 135 | ||
2025-05-09 | 2025-03-31 | -1.03 | -1.07 | -0.04 | 3 | ||
2025-03-14 | 2024-12-31 | -0.2411 | -1.47 | -1.2289 | 509 | ||
2024-11-14 | 2024-09-30 | -0.1225 | -0.31 | -0.1875 | 153 | ||
2024-08-22 | 2024-06-30 | 0.13 | 0.05 | -0.08 | 61 | ||
2024-05-09 | 2024-03-31 | -0.01 | 0.19 | 0.2 | 2000 | ||
2024-03-14 | 2023-12-31 | 0.02 | -0.02 | -0.04 | 200 | ||
2023-11-14 | 2023-09-30 | 0.82 | 0.32 | -0.5 | 60 | ||
2023-08-22 | 2023-06-30 | 1.52 | 2.39 | 0.87 | 57 | ||
2023-05-18 | 2023-03-31 | 0.61 | 1.19 | 0.58 | 95 | ||
2023-03-21 | 2022-12-31 | 0.76 | 1.11 | 0.35 | 46 | ||
2022-11-22 | 2022-09-30 | 0.49 | 1.12 | 0.63 | 128 | ||
2022-08-18 | 2022-06-30 | 0.53 | 1.07 | 0.54 | 101 | ||
2022-05-24 | 2022-03-31 | -0.13 | 0.14 | 0.27 | 207 | ||
2022-03-17 | 2021-12-31 | 0.33 | 0.17 | -0.16 | 48 | ||
2021-11-18 | 2021-09-30 | 0.18 | 0.42 | 0.24 | 133 | ||
2021-08-12 | 2021-06-30 | -0.3 | 0.18 | 0.48 | 160 | ||
2021-05-20 | 2021-03-31 | 0.41 | 0.36 | -0.05 | 12 | ||
2021-03-18 | 2020-12-31 | -0.55 | 0.11 | 0.66 | 120 | ||
2020-11-19 | 2020-09-30 | -0.05 | 0.15 | 0.2 | 400 | ||
2020-08-07 | 2020-06-30 | -0.04 | 0.34 | 0.38 | 950 | ||
2020-05-28 | 2020-03-31 | 0.86 | 1.84 | 0.98 | 113 | ||
2020-03-26 | 2019-12-31 | 0.45 | 1.12 | 0.67 | 148 | ||
2019-11-12 | 2019-09-30 | 0.8 | 0.96 | 0.16 | 20 | ||
2019-08-15 | 2019-06-30 | 0.3 | 1.04 | 0.74 | 246 | ||
2019-05-30 | 2019-03-31 | -0.49 | -0.29 | 0.2 | 40 | ||
2019-03-21 | 2018-12-31 | 1.01 | 1.81 | 0.8 | 79 | ||
2018-11-15 | 2018-09-30 | 0.44 | 1.09 | 0.65 | 147 | ||
2018-08-14 | 2018-06-30 | 0.27 | 0.26 | -0.01 | 3 | ||
2018-05-16 | 2018-03-31 | 0.47 | 0.72 | 0.25 | 53 | ||
2018-03-19 | 2017-12-31 | 0.96 | 1.05 | 0.09 | 9 | ||
2017-11-09 | 2017-09-30 | 0.26 | 0.23 | -0.03 | 11 | ||
2017-08-14 | 2017-06-30 | -0.2449 | -0.15 | 0.0949 | 38 | ||
2017-06-06 | 2017-03-31 | 0.04 | -0.1 | -0.14 | 350 | ||
2017-03-21 | 2016-12-31 | 0.32 | 0.24 | -0.08 | 25 | ||
2016-11-21 | 2016-09-30 | 0.27 | 0.27 | 0.0 | 0 | ||
2016-08-18 | 2016-06-30 | 0.37 | 0.68 | 0.31 | 83 | ||
2016-05-11 | 2016-03-31 | 0.17 | 0.39 | 0.22 | 129 | ||
2016-03-10 | 2015-12-31 | 0.76 | 1.05 | 0.29 | 38 | ||
2015-11-10 | 2015-09-30 | 0.28 | 0.79 | 0.51 | 182 | ||
2015-08-18 | 2015-06-30 | 0.13 | 0.31 | 0.18 | 138 | ||
2015-05-07 | 2015-03-31 | 0.6 | 1.04 | 0.44 | 73 | ||
2015-03-05 | 2014-12-31 | 1.34 | 1.28 | -0.06 | 4 | ||
2014-11-12 | 2014-09-30 | 1.16 | 1.75 | 0.59 | 50 | ||
2014-08-13 | 2014-06-30 | 0.58 | 0.95 | 0.37 | 63 | ||
2014-05-16 | 2014-03-31 | 0.12 | 0.07 | -0.05 | 41 | ||
2014-03-05 | 2013-12-31 | 0.41 | 0.38 | -0.03 | 7 | ||
2013-11-13 | 2013-09-30 | 0.36 | 0.56 | 0.2 | 55 | ||
2013-08-08 | 2013-06-30 | -0.2 | -0.29 | -0.09 | 45 | ||
2013-05-28 | 2013-03-31 | -0.78 | -0.1 | 0.68 | 87 | ||
2013-03-11 | 2012-12-31 | -0.94 | -1.71 | -0.77 | 81 | ||
2012-11-15 | 2012-09-30 | -0.65 | -1.01 | -0.36 | 55 | ||
2012-08-15 | 2012-06-30 | -0.3 | -0.59 | -0.29 | 96 | ||
2012-05-10 | 2012-03-31 | -0.52 | -0.49 | 0.03 | 5 | ||
2012-03-07 | 2011-12-31 | -0.36 | -1.39 | -1.03 | 286 | ||
2011-11-22 | 2011-09-30 | -0.39 | -0.18 | 0.21 | 53 | ||
2011-08-17 | 2011-06-30 | 0.28 | 0.16 | -0.12 | 42 | ||
2011-05-11 | 2011-03-31 | 0.41 | 0.13 | -0.28 | 68 | ||
2011-03-10 | 2010-12-31 | 0.65 | 0.58 | -0.07 | 10 | ||
2010-11-18 | 2010-09-30 | 0.43 | 0.47 | 0.04 | 9 | ||
2010-09-02 | 2010-06-30 | 0.15 | 0.07 | -0.08 | 53 | ||
2010-03-03 | 2009-12-31 | 0.45 | 0.35 | -0.1 | 22 | ||
2009-11-17 | 2009-09-30 | 0.54 | 0.69 | 0.15 | 27 | ||
2009-08-06 | 2009-06-30 | -0.09 | 0.49 | 0.58 | 644 | ||
2009-05-26 | 2009-03-31 | -0.25 | -0.13 | 0.12 | 48 | ||
2009-03-17 | 2008-12-31 | -0.31 | -1.42 | -1.11 | 358 | ||
2008-11-21 | 2008-09-30 | 0.54 | 0.31 | -0.23 | 42 | ||
2008-08-13 | 2008-06-30 | 0.47 | 0.7 | 0.23 | 48 | ||
2008-05-13 | 2008-03-31 | 0.31 | 0.61 | 0.3 | 96 | ||
2008-03-05 | 2007-12-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2007-11-14 | 2007-09-30 | -0.02 | 0.02 | 0.04 | 200 | ||
2007-08-14 | 2007-06-30 | -0.03 | -0.11 | -0.08 | 266 | ||
2007-05-14 | 2007-03-31 | -0.12 | -0.14 | -0.02 | 16 | ||
2007-03-14 | 2006-12-31 | -0.02 | -0.21 | -0.19 | 950 |
Use Canadian Solar in pair-trading
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.Canadian Solar Pair Trading
Canadian Solar Pair Trading Analysis
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.Use Investing Themes to Complement your Canadian Solar position
In addition to having Canadian Solar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ESG Investing Theme or any other thematic opportunities.
| View All Next | Launch |
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.