CSIQ Canadian Solar PE ratio, current and historical analysis
As of Nov 21, 2024, the Canadian Solar stock's PE ratio is 21.73. This results from the current EPS of $0.52 and stock price of $11.3. The P/E ratio has an increase of 91% from the past four quarters average of 11.4.
CSIQ PE ratio history
The PE ratio of Canadian Solar has averaged 13.54 over the last ten years. The current PE ratio of 21.73 is 60% above 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.
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
CSIQ's current P/E ratio is above the 3, 5 and 10-year historical averages.
CSIQ PE vs peers
CSIQ's PE ratio is lower than its peer stocks AYI and LYTS, but it is greater than FSLR's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FSLR First Solar Inc | 15.6 | $19.48B |
| CSIQ Canadian Solar Inc | 21.73 | $750.48M |
| AYI Acuity Brands Inc | 23.42 | $9.89B |
| LYTS Lsi Industries Inc | 25.29 | $603.63M |
Frequently asked questions
What is Canadian Solar's PE ratio?
CSIQ stock has a price to earnings ratio of 21.73 as of Nov 21, 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 12.89.
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 16.84.
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 60% above its 10-year historical average.
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 (Nov 21, 2024), Canadian Solar's stock price is $11.3. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.52. Therefore, Canadian Solar's P/E ratio for today is 21.73. PE RATIO(21.73) = STOCK PRICE($11.3) / TTM EPS($0.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.