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Canadian Solar (MEX:CSIQ) Cyclically Adjusted Revenue per Share : MXN1,791.71 (As of Mar. 2025)


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What is Canadian Solar Cyclically Adjusted Revenue per Share?

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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Canadian Solar's adjusted revenue per share for the three months ended in Mar. 2025 was MXN365.587. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN1,791.71 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Canadian Solar's average Cyclically Adjusted Revenue Growth Rate was 4.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Canadian Solar was 21.70% per year. The lowest was 7.90% per year. And the median was 11.90% per year.

As of today (2025-05-28), Canadian Solar's current stock price is MXN190.00. Canadian Solar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN1,791.71. Canadian Solar's Cyclically Adjusted PS Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canadian Solar was 1.21. The lowest was 0.09. And the median was 0.43.


Canadian Solar Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Canadian Solar's Cyclically Adjusted Revenue 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 Cyclically Adjusted Revenue per Share Chart

Canadian Solar Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,157.32 1,264.29 1,091.63 1,592.23

Canadian Solar Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue 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 1,242.65 1,707.41 1,303.41 1,592.23 1,791.71

Competitive Comparison of Canadian Solar's Cyclically Adjusted Revenue per Share

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

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

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


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Canadian Solar Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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 Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=365.587/129.1809*129.1809
=365.587

Current CPI (Mar. 2025) = 129.1809.

Canadian Solar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 174.548 100.500 224.360
201509 238.317 100.421 306.568
201512 316.761 99.947 409.410
201603 214.813 101.054 274.604
201606 244.168 102.002 309.229
201609 218.094 101.765 276.850
201612 238.388 101.449 303.555
201703 220.428 102.634 277.444
201706 201.696 103.029 252.893
201709 279.249 103.345 349.061
201712 309.461 103.345 386.826
201803 417.852 105.004 514.061
201806 215.884 105.557 264.199
201809 231.927 105.636 283.621
201812 281.463 105.399 344.971
201903 158.744 106.979 191.689
201906 330.330 107.690 396.250
201909 246.546 107.611 295.964
201912 287.147 107.769 344.197
202003 322.207 107.927 385.658
202006 268.620 108.401 320.112
202009 332.064 108.164 396.585
202012 338.540 108.559 402.848
202103 329.728 110.298 386.178
202106 463.960 111.720 536.474
202109 361.876 112.905 414.043
202112 444.787 113.774 505.019
202203 384.668 117.646 422.386
202206 654.770 120.806 700.163
202209 544.400 120.648 582.903
202212 538.947 120.964 575.557
202303 429.340 122.702 452.010
202306 565.331 124.203 587.987
202309 440.950 125.230 454.860
202312 398.186 125.072 411.266
202403 330.991 126.258 338.655
202406 447.284 127.522 453.104
202409 443.512 127.285 450.119
202412 464.912 127.364 471.545
202503 365.587 129.181 365.587

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Canadian Solar  (MEX:CSIQ) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Canadian Solar's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=190.00/1791.71
=0.11

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Canadian Solar was 1.21. The lowest was 0.09. And the median was 0.43.


Be Aware

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


Canadian Solar Cyclically Adjusted Revenue per Share Related Terms

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


Canadian Solar 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 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.