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Canadian Solar (XSWX:CSIQ) Cyclically Adjusted Book per Share : CHF0.00 (As of Mar. 2024)


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What is Canadian Solar Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Canadian Solar's adjusted book value per share for the three months ended in Mar. 2024 was CHF38.874. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canadian Solar's average Cyclically Adjusted Book Growth Rate was 16.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.50% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Canadian Solar was 15.10% per year. The lowest was 9.50% per year. And the median was 11.25% per year.

As of today (2024-05-28), Canadian Solar's current stock price is CHF15.60. Canadian Solar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CHF0.00. Canadian Solar's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Canadian Solar was 5.20. The lowest was 0.57. And the median was 1.64.


Canadian Solar Cyclically Adjusted Book per Share Historical Data

The historical data trend for Canadian Solar's Cyclically Adjusted Book 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.

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Canadian Solar Cyclically Adjusted Book per Share Chart

Canadian Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Canadian Solar Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Canadian Solar's Cyclically Adjusted Book per Share

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

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

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



Canadian Solar Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Canadian Solar's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=38.874/126.2576*126.2576
=38.874

Current CPI (Mar. 2024) = 126.2576.

Canadian Solar Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.158 99.473 11.624
201409 11.037 99.394 14.020
201412 12.670 98.367 16.262
201503 13.031 99.789 16.487
201506 13.101 100.500 16.459
201509 13.306 100.421 16.729
201512 14.562 99.947 18.395
201603 15.210 101.054 19.004
201606 15.469 102.002 19.148
201609 15.561 101.765 19.306
201612 15.595 101.449 19.409
201703 15.323 102.634 18.850
201706 15.517 103.029 19.015
201709 16.070 103.345 19.633
201712 17.616 103.345 21.522
201803 18.103 105.004 21.767
201806 18.237 105.557 21.813
201809 19.434 105.636 23.228
201812 21.018 105.399 25.177
201903 21.273 106.979 25.107
201906 21.856 107.690 25.624
201909 22.729 107.611 26.667
201912 23.670 107.769 27.731
202003 24.084 107.927 28.174
202006 24.806 108.401 28.892
202009 23.749 108.164 27.722
202012 24.124 108.559 28.057
202103 25.243 110.298 28.896
202106 25.916 111.720 29.288
202109 27.337 112.905 30.570
202112 28.683 113.774 31.830
202203 29.220 117.646 31.359
202206 30.011 120.806 31.365
202209 30.039 120.648 31.436
202212 31.277 120.964 32.646
202303 32.772 122.702 33.722
202306 38.106 124.203 38.736
202309 38.795 125.230 39.113
202312 38.270 125.072 38.633
202403 38.874 126.258 38.874

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Canadian Solar  (XSWX:CSIQ) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Canadian Solar was 5.20. The lowest was 0.57. And the median was 1.64.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Canadian Solar Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Canadian Solar's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Solar (XSWX:CSIQ) Business Description

Industry
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 Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy 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.