Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Canadian SolarCSIQ +7.06%79 3-Year Book Growth Rate is 11.20% as of Mar. 2026, which is 21% below its 10-year median of 14.20. GuruFocus rates CSIQ with a GF Score™ of 79/100 and a GF Value™ of $14.80 (Fairly Valued). The stock has 9 warning signs investors should review. Among 985 Semiconductors companies, Canadian Solar ranks better than 69.34% on this metric.
During the past 12 months, Canadian Solar's average Book Value per Share Growth Rate was 0.80% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 11.20% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 11.30% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 12.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Canadian Solar was 322.20% per year. The lowest was -15.00% per year. And the median was 14.20% per year.
Canadian Solar (NAS:CSIQ) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Canadian Solar 3-Year Book Growth Rate Related Terms
CSIQ vs ARRY, JKS, SHLS: 3-Year Book Growth Rate Comparison
For the Solar subindustry, Canadian Solar's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canadian Solar 3-Year Book Growth Rate vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Canadian Solar's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Canadian Solar's 3-Year Book Growth Rate falls into.
Canadian Solar 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 11.20% mean?
Canadian Solar (CSIQ) has a 3-Year Book Growth Rate of 11.20% as of Mar. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Canadian Solar and its competitors. This is 21% below median its historical median of 14.20. According to the industry distribution chart, Canadian Solar ranks #302 out of 985 companies in the Semiconductors industry, placing it in the top 30.7%.
Is Canadian Solar's 3-Year Book Growth Rate too high?
Canadian Solar's current 3-Year Book Growth Rate of 11.20% is 21% below median its 10-year median of 14.20. The Semiconductors industry median 3-Year Book Growth Rate is 4.40. Canadian Solar's value of 11.20% is 154.5% above this industry median. Based on the distribution chart, Canadian Solar ranks #302 out of 985 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Canadian Solar has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's 3-Year Book Growth Rate compare to ARRY and JKS?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #302 out of 985 companies for 3-Year Book Growth Rate. This puts Canadian Solar in the upper half of its industry. The industry median 3-Year Book Growth Rate is 4.40. Canadian Solar's value of 11.20% is 154.5% above this benchmark. While the company's 10-year median is 14.20 vs. the industry median of 4.40, Canadian Solar has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Semiconductors company?
The median 3-Year Book Growth Rate among Semiconductors companies is 4.40, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Solar's current 3-Year Book Growth Rate of 11.20% is 154.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Canadian Solar and its competitors. For the Semiconductors industry, the median 3-Year Book Growth Rate is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current 3-Year Book Growth Rate is 11.20%, which is 21% below median its own 10-year median of 14.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (CSIQ) is currently considered Fairly Valued. The stock's GF Value™ is $14.80, compared to a current price of $15.78 — trading 6.6% above its estimated fair value. The current 3-Year Book Growth Rate is 11.20%, which is 21% below median its 10-year median of 14.20 and 154.5% above the Semiconductors industry median of 4.40. Canadian Solar's overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Canadian Solar (CSIQ), the current 3-Year Book Growth Rate is 11.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canadian Solar (CSIQ) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued.
The current stock price of $15.78 is trading 6.6% above its estimated GF Value™ of $14.80.
GuruFocus considers Canadian Solar to be Fairly Valued.
Key valuation signals for CSIQ:
3-Year Book Growth Rate: 11.20% (21% below median its 10-year median of 14.20)
GF Value™: $14.80 vs. price of $15.78 (6.6% above fair value)
Industry Position: 154.5% above the Semiconductors median (#302 of 985)
No single metric tells the full story. See the CSIQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
79GF Score
Get the complete analysis for CSIQ
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CSIQ has been successfully added to your 
