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Canadian Solar (LTS:0XGH) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Canadian Solar Forward PE Ratio Related Terms
Canadian Solar Forward PE Ratio Historical Data
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The historical data trend for Canadian Solar's Forward PE 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.
Canadian Solar Forward PE Ratio Chart
Canadian Solar Annual Data
Trend
2021-12
2024-12
2025-12
Forward PE Ratio
9.35
5.81
9.36
Canadian Solar Quarterly Data
2021-12
2024-06
2024-09
2024-12
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
9.35
6.33
4.61
5.81
78.40
8.56
9.36
12.20
LTS:0XGH vs ARRY, JKS, SHLS: Forward PE Ratio Comparison
For the Solar subindustry, Canadian Solar's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Canadian Solar's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Solar's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Canadian Solar (LTS:0XGH) has a Forward PE Ratio of 47.91 as of Aug. 29, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Canadian Solar and its competitors. According to the industry distribution chart, Canadian Solar ranks #458 out of 555 companies in the Semiconductors industry, placing it in the top 82.5%.
Is Canadian Solar's Forward PE Ratio too high?
Canadian Solar's current Forward PE Ratio is 47.91. The Semiconductors industry median Forward PE Ratio is 29.83. Canadian Solar's value of 47.91 is 60.6% above this industry median. Based on the distribution chart, Canadian Solar ranks #458 out of 555 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Canadian Solar has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Forward PE Ratio compare to ARRY and JKS?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #458 out of 555 companies for Forward PE Ratio. This places Canadian Solar in the lower half of its industry. The industry median Forward PE Ratio is 29.83. Canadian Solar's value of 47.91 is 60.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Semiconductors company?
The median Forward PE Ratio among Semiconductors companies is 29.83, based on 555 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Solar's current Forward PE Ratio of 47.91 is 60.6% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Canadian Solar and its competitors. For the Semiconductors industry, the median Forward PE Ratio is 29.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current Forward PE Ratio is 47.91. 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?
Canadian Solar (LTS:0XGH) has a current Forward PE Ratio of 47.91. The stock's GF Value™ is $12.37, compared to a current price of $12.11 — trading 2.1% below its estimated fair value. The current Forward PE Ratio is 47.91 and 60.6% above the Semiconductors industry median of 29.83. Canadian Solar's overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Canadian Solar (LTS:0XGH), the current Forward PE Ratio is 47.91 as of Aug. 29, 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 (LTS:0XGH) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Solar stock appears to be undervalued.
The current stock price of $12.11 is trading 2.1% below its estimated GF Value™ of $12.37.
Key valuation signals for LTS:0XGH:
Forward PE Ratio: 47.91
GF Value™: $12.37 vs. price of $12.11 (2.1% below fair value)
Industry Position: 60.6% above the Semiconductors median (#458 of 555)
No single metric tells the full story. See the LTS:0XGH 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.
77GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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