Canadian Solar Infrastructure Fund (TSE:9284) PB Ratio: 0.75 (As of Jul. 21, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9284 Canadian Solar Infrastructure Fund Inc TSE:9284
68 GF Score
Price 円76,900.00
GF Value 円103,120.51
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Canadian Solar Infrastructure Fund PB Ratio?

Canadian Solar Infrastructure Fund TSE:9284 +1.45% 68 PB Ratio is 0.75 as of Jul. 21, 2026, which is 35% below its 10-year median of 1.16. GuruFocus rates TSE:9284 with a GF Score™ of 68/100 and a GF Value™ of 円103,120.51 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 928 REITs companies, Canadian Solar Infrastructure Fund ranks better than 64.87% on this metric.

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 (2026-07-21), Canadian Solar Infrastructure Fund's share price is 円76900.00. Canadian Solar Infrastructure Fund's Book Value per Share for the quarter that ended in Dec. 2025 was 円103,070.86. Hence, Canadian Solar Infrastructure Fund's PB Ratio of today is 0.75.

Good Sign:

Canadian Solar Infrastructure Fund Inc stock PB Ratio (=0.74) 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: 1.16   Max: 1.45
Current: 0.75

During the past 9 years, Canadian Solar Infrastructure Fund's highest PB Ratio was 1.45. The lowest was 0.68. And the median was 1.16.

TSE:9284's PB Ratio is ranked better than
64.87% of 928 companies
in the REITs industry
Industry Median: 0.86 vs TSE:9284: 0.75

During the past 12 months, Canadian Solar Infrastructure Fund's average Book Value Per Share Growth Rate was 0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year.

During the past 9 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 2.45% per year.

Back to Basics: PB Ratio


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


Canadian Solar Infrastructure Fund PB Ratio Historical Data

* Premium members only.

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.

Canadian Solar Infrastructure Fund PB Ratio Chart

Canadian Solar Infrastructure Fund Annual Data
Trend Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 1.18 1.20 1.08 0.75 0.89

Canadian Solar Infrastructure Fund Semi-Annual Data
Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only 1.08 0.96 0.75 0.73 0.89

TSE:9284 vs EQIX, AMT, DLR: PB Ratio Comparison

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 PB Ratio vs 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.


TSE:9284
68GF Score
Canadian Solar Infrastructure Fund Inc TSE:9284
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025)
=76900.00/103070.855
=0.75

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.75 mean?
Canadian Solar Infrastructure Fund (TSE:9284) has a PB Ratio of 0.75 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Canadian Solar Infrastructure Fund and its competitors. This is 35% below median its historical median of 1.16. Over the past decade, Canadian Solar Infrastructure Fund's PB Ratio has ranged from 0.68 to 1.45. According to the industry distribution chart, Canadian Solar Infrastructure Fund ranks #326 out of 928 companies in the REITs industry, placing it in the top 35.1%.
Is Canadian Solar Infrastructure Fund's PB Ratio too high?
Canadian Solar Infrastructure Fund's current PB Ratio of 0.75 is 35% below median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.45. The REITs industry median PB Ratio is 0.86. Canadian Solar Infrastructure Fund's value of 0.75 is 12.8% below this industry median. Based on the distribution chart, Canadian Solar Infrastructure Fund ranks #326 out of 928 companies in the REITs industry, which is above the industry midpoint. Overall, Canadian Solar Infrastructure Fund has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar Infrastructure Fund's PB Ratio compare to EQIX and AMT?
According to the REITs industry distribution chart, Canadian Solar Infrastructure Fund ranks #326 out of 928 companies for PB Ratio. This puts Canadian Solar Infrastructure Fund in the upper half of its industry. The industry median PB Ratio is 0.86. Canadian Solar Infrastructure Fund's value of 0.75 is 12.8% below this benchmark. Historically, Canadian Solar Infrastructure Fund's own PB Ratio has ranged from 0.68 to 1.45 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 0.86, Canadian Solar Infrastructure Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Solar Infrastructure Fund's current PB Ratio of 0.75 is 12.8% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Canadian Solar Infrastructure Fund and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar Infrastructure Fund's current PB Ratio is 0.75, which is 35% below median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar Infrastructure Fund stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar Infrastructure Fund (TSE:9284) is currently considered Modestly Undervalued. The stock's GF Value™ is 円103,120.51, compared to a current price of 円76,900.00 — trading 25.4% below its estimated fair value. The current PB Ratio is 0.75, which is 35% below median its 10-year median of 1.16 and 12.8% below the REITs industry median of 0.86. Canadian Solar Infrastructure Fund's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Canadian Solar Infrastructure Fund (TSE:9284), the current PB Ratio is 0.75 as of Jul. 21, 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 Infrastructure Fund (TSE:9284) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar Infrastructure Fund stock appears to be undervalued. The current stock price of 円76,900.00 is trading 25.4% below its estimated GF Value™ of 円103,120.51. GuruFocus considers Canadian Solar Infrastructure Fund to be Modestly Undervalued.

Key valuation signals for TSE:9284:

  • PB Ratio: 0.75 (35% below median its 10-year median of 1.16)
  • GF Value™: 円103,120.51 vs. price of 円76,900.00 (25.4% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 12.8% below the REITs median (#326 of 928)

No single metric tells the full story. See the TSE:9284 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Solar Infrastructure Fund Business Description

Industry Real EstateREITs
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.
68GF Score

Get the complete analysis for TSE:9284

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円76,900.00
Price
円103,120.51
GF Value