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CSIQ (Canadian Solar) Cyclically Adjusted PS Ratio : 0.12 (As of Jun. 21, 2025)


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What is Canadian Solar Cyclically Adjusted PS Ratio?

As of today (2025-06-21), Canadian Solar's current share price is $10.02. Canadian Solar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $81.57. Canadian Solar's Cyclically Adjusted PS Ratio for today is 0.12.

The historical rank and industry rank for Canadian Solar's Cyclically Adjusted PS Ratio or its related term are showing as below:

CSIQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.43   Max: 1.21
Current: 0.12

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

CSIQ's Cyclically Adjusted PS Ratio is ranked better than
95.48% of 686 companies
in the Semiconductors industry
Industry Median: 1.84 vs CSIQ: 0.12

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 adjusted revenue per share data for the three months ended in Mar. 2025 was $17.870. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $81.57 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canadian Solar Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Canadian Solar's Cyclically Adjusted PS Ratio 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 PS Ratio Chart

Canadian Solar Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.54 0.45 0.34 0.14

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 PS Ratio 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 0.25 0.18 0.21 0.14 0.11

Competitive Comparison of Canadian Solar's Cyclically Adjusted PS Ratio

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 PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.02/81.57
=0.12

* 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.

Canadian Solar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

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)
=17.87/129.1809*129.1809
=17.870

Current CPI (Mar. 2025) = 129.1809.

Canadian Solar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 11.125 100.500 14.300
201509 14.103 100.421 18.142
201512 18.422 99.947 23.810
201603 12.479 101.054 15.952
201606 13.203 102.002 16.721
201609 11.279 101.765 14.318
201612 11.563 101.449 14.724
201703 11.707 102.634 14.735
201706 11.158 103.029 13.990
201709 15.387 103.345 19.234
201712 15.757 103.345 19.696
201803 23.000 105.004 28.296
201806 10.987 105.557 13.446
201809 12.399 105.636 15.163
201812 14.335 105.399 17.570
201903 8.184 106.979 9.882
201906 17.197 107.690 20.629
201909 12.488 107.611 14.991
201912 15.225 107.769 18.250
202003 13.741 107.927 16.447
202006 11.638 108.401 13.869
202009 15.032 108.164 17.953
202012 17.019 108.559 20.252
202103 16.131 110.298 18.893
202106 23.308 111.720 26.951
202109 17.599 112.905 20.136
202112 21.682 113.774 24.618
202203 19.319 117.646 21.213
202206 32.546 120.806 34.802
202209 27.064 120.648 28.978
202212 27.644 120.964 29.522
202303 23.819 122.702 25.077
202306 32.976 124.203 34.298
202309 25.314 125.230 26.113
202312 23.458 125.072 24.229
202403 19.944 126.258 20.406
202406 24.415 127.522 24.733
202409 22.524 127.285 22.860
202412 22.292 127.364 22.610
202503 17.870 129.181 17.870

Add all the adjusted revenue per share together and divide 10 will get our 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.


Canadian Solar  (NAS:CSIQ) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Canadian Solar Cyclically Adjusted PS Ratio Related Terms

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


Canadian Solar Business Description

Traded in Other Exchanges
Address
4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9
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.. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment focused on solar modules and battery energy storage manufacturing and products. Its Recurrent segment focused on utility-scale solar power and battery energy storage project development and operation. Key revenue is generated from CSI Solar segment.