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Canadian Solar Infrastructure Fund (TSE:9284) PB Ratio : 0.71 (As of Apr. 21, 2025)


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What is Canadian Solar Infrastructure Fund PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-04-21), Canadian Solar Infrastructure Fund's share price is 円73100.00. Canadian Solar Infrastructure Fund's Book Value per Share for the quarter that ended in Dec. 2024 was 円102,435.96. Hence, Canadian Solar Infrastructure Fund's PB Ratio of today is 0.71.

Good Sign:

Canadian Solar Infrastructure Fund Inc stock PB Ratio (=0.71) is close to 10-year low of 0.68.

The historical rank and industry rank for Canadian Solar Infrastructure Fund's PB Ratio or its related term are showing as below:

TSE:9284' s PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.18   Max: 1.45
Current: 0.71

During the past 8 years, Canadian Solar Infrastructure Fund's highest PB Ratio was 1.45. The lowest was 0.68. And the median was 1.18.

TSE:9284's PB Ratio is ranked better than
60.83% of 919 companies
in the REITs industry
Industry Median: 0.8 vs TSE:9284: 0.71

During the past 12 months, Canadian Solar Infrastructure Fund's average Book Value Per Share Growth Rate was -0.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Canadian Solar Infrastructure Fund was 393.10% per year. The lowest was -0.40% per year. And the median was 2.80% per year.

Back to Basics: PB Ratio


Canadian Solar Infrastructure Fund PB Ratio Historical Data

The historical data trend for Canadian Solar Infrastructure Fund's PB 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 Infrastructure Fund PB Ratio Chart

Canadian Solar Infrastructure Fund Annual Data
Trend Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial 1.43 1.18 1.20 1.08 0.75

Canadian Solar Infrastructure Fund Semi-Annual Data
Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
PB 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 1.20 1.19 1.08 0.96 0.75

Competitive Comparison of Canadian Solar Infrastructure Fund's PB Ratio

For the REIT - Specialty subindustry, Canadian Solar Infrastructure Fund's PB Ratio, along with its competitors' market caps and 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 Infrastructure Fund's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Solar Infrastructure Fund's PB Ratio distribution charts can be found below:

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


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Canadian Solar Infrastructure Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Canadian Solar Infrastructure Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=73100.00/102435.959
=0.71

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Canadian Solar Infrastructure Fund  (TSE:9284) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Canadian Solar Infrastructure Fund PB Ratio Related Terms

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Canadian Solar Infrastructure Fund Business Description

Traded in Other Exchanges
N/A
Address
2-1-1 Nishi-Shinjuku, 43rd floor, Shinjuku Mitsui Building, Shinjuku-ku, Tokyo, JPN
Canadian Solar Infrastructure Fund Inc invests in renewable energy generating facilities.

Canadian Solar Infrastructure Fund Headlines

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