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CSIQ Canadian Solar PE ratio, current and historical analysis

As of Jun 14, 2024, the Canadian Solar stock's PE ratio is 5.46. This results from the current EPS of $3.12 and stock price of $17.04. The P/E ratio has a decrease of 6% from the past four quarters average of 5.8.

CSIQ PE ratio history

How has CSIQ's PE ratio performed in the past

The PE ratio of Canadian Solar has averaged 13.12 over the last ten years. The current PE ratio of 5.46 is 58% below the historical average. Over the past ten years, CSIQ's PE ratio was at its highest in the Jun 2021 quarter at 54.02, when the stock price was $44.84 and the EPS was $0.83. The lowest value was in the Mar 2020 quarter, when it reached 3.17 with a price of $15.91 and an EPS of $5.02.

Average
13.12
Median
7.91
Minimum
3.17
Maximum
54.02

Canadian Solar PE ratio by year

Maximum annual increase: 171.58% in 2020

Maximum annual decrease: -87.46% in 2014

Year PE ratio Change
2023 6.26 -24.4%
2022 8.28 -58.99%
2021 20.19 -3.07%
2020 20.83 171.58%
2019 7.67 114.85%
2018 3.57 -63.79%
2017 9.86 -8.53%
2016 10.78 14.68%
2015 9.4 70.91%
2014 5.5 -87.46%

CSIQ average PE ratio chart

What is the average PE ratio of CSIQ for the past years

CSIQ's current P/E ratio is below the 3, 5 and 10-year averages.

3-year avg
16.28
5-year avg
15.13
10-year avg
13.12
15-year avg
17.68

CSIQ PE vs peers

What is CSIQ's PE ratio compared to its peers

CSIQ's PE ratio is lower than its peer stock FSLR.

Stock name PE ratio Market cap
CSIQ Canadian Solar Inc 5.46 $1.13B
FSLR First Solar Inc 28.53 $29.29B
SPWR Sunpower Corp N/A $491.01M

Frequently asked questions

What is Canadian Solar's PE ratio?

CSIQ stock has a price to earnings ratio of 5.46 as of Jun 14, 2024.

What is the 3-year average PE ratio for Canadian Solar (CSIQ)?

Over the last 3 years, the average price to earnings ratio for CSIQ stock is 16.28.

What is the 5-year average PE ratio for Canadian Solar (CSIQ)?

Over the last 5 years, the average price to earnings ratio for CSIQ stock is 15.13.

What is the highest PE ratio for CSIQ?

In the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 54.02.

How does the current PE ratio for CSIQ compare to its historical average?

CSIQ's price to earnings ratio is currently 58% below its 10-year historical average.

Why is Canadian Solar's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

How is CSIQ's PE ratio calculated (Canadian Solar PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 14, 2024), Canadian Solar's stock price is $17.04. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.12. Therefore, Canadian Solar's P/E ratio for today is 5.46. PE RATIO(5.46) = STOCK PRICE($17.04) / TTM EPS($3.12)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.