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Canadian Solar (LTS:0XGH) Book Value per Share : $43.42 (As of Sep. 2024)


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What is Canadian Solar Book Value per Share?

Canadian Solar's book value per share for the quarter that ended in Sep. 2024 was $43.42.

During the past 12 months, Canadian Solar's average Book Value Per Share Growth Rate was 15.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.40% 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 book value growth rate using book value per share data.

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's current price is $12.61. Its book value per share for the quarter that ended in Sep. 2024 was $43.42. Hence, today's PB Ratio of Canadian Solar is 0.29.

During the past 13 years, the highest P/B Ratio of Canadian Solar was 2.92. The lowest was 0.25. And the median was 1.00.


Canadian Solar Book Value per Share Historical Data

The historical data trend for Canadian Solar's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canadian Solar Book Value per Share Chart

Canadian Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.47 26.25 28.13 30.10 38.68

Canadian Solar Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.70 38.68 38.23 40.14 43.42

Competitive Comparison of Canadian Solar's Book Value per Share

For the Solar subindustry, Canadian Solar's PB Ratio, along with its competitors' market caps and PB Ratio 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's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's PB Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Solar's PB Ratio falls into.



Canadian Solar Book Value per Share Calculation

Canadian Solar's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,559-0)/66
=38.68

Canadian Solar's Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,873-0)/66
=43.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Canadian Solar  (LTS:0XGH) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Canadian Solar Book Value per Share Related Terms

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Canadian Solar Business Description

Traded in Other Exchanges
Address
545 Speedvale Avenue West, Guelph, ON, CAN, N1K 1E6
Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing, and manufacturing solar ingots, wafers, cells, modules, and other solar power products. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. Its Recurrent segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.

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