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Canadian Solar (Canadian Solar) Median PS Value : $41.03 (As of Apr. 26, 2024)


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What is Canadian Solar Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Canadian Solar's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $109.753. Canadian Solar's 10-Year median PS Ratio is 0.3738. Therefore, the Median PS Value for today is $41.03.

As of today (2024-04-26), Canadian Solar's share price is $15.15. Canadian Solar's Median PS Value is $41.03. Therefore, Canadian Solar's Price to Median PS Value for today is 0.37.

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

CSIQ' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35   Med: 0.91   Max: 2.75
Current: 0.37

During the past 13 years, the highest Price to Median PS Value of Canadian Solar was 2.75. The lowest was 0.35. And the median was 0.91.

CSIQ's Price-to-Median-PS-Value is ranked better than
93.55% of 512 companies
in the Semiconductors industry
Industry Median: 1.41 vs CSIQ: 0.37

Canadian Solar Median PS Value Historical Data

The historical data trend for Canadian Solar's Median PS Value 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 Median PS Value Chart

Canadian Solar Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.25 17.72 18.65 28.24 40.96

Canadian Solar Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Median PS Value 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 38.46 40.96 42.75 42.63 41.03

Competitive Comparison of Canadian Solar's Median PS Value

For the Solar subindustry, Canadian Solar's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Canadian Solar's Price-to-Median-PS-Value falls into.



Canadian Solar Median PS Value Calculation

Canadian Solar's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=109.753*0.3738
=41.03

10-Year Median PS Ratio is 0.3738.
Canadian Solar's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $109.753.

* 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  (NAS:CSIQ) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Canadian Solar's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=15.15/41.03
=0.37

* 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 Median PS Value Related Terms

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Canadian Solar (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 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.