Canadian Solar Infrastructure Fund (TSE:9284) PE Ratio: 11.81 (As of Jul. 21, 2026) — 41% 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 PE Ratio?

Canadian Solar Infrastructure Fund TSE:9284 +1.45% 68 PE Ratio is 11.81 as of Jul. 21, 2026, which is 41% below its 10-year median of 19.91. 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.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-21), Canadian Solar Infrastructure Fund's share price is 円76900.00. Canadian Solar Infrastructure Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円6,510.41. Therefore, Canadian Solar Infrastructure Fund's PE Ratio for today is 11.81.

Good Sign:

Canadian Solar Infrastructure Fund Inc stock PE Ratio (=11.65) is close to 10-year low of 11.06.

During the past 9 years, Canadian Solar Infrastructure Fund's highest PE Ratio was 33.45. The lowest was 11.06. And the median was 19.91.

Canadian Solar Infrastructure Fund's EPS (Diluted) for the six months ended in Dec. 2025 was 円3,637.57. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円6,510.41.

As of today (2026-07-21), Canadian Solar Infrastructure Fund's share price is 円76900.00. Canadian Solar Infrastructure Fund's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was 円6,493.23. Therefore, Canadian Solar Infrastructure Fund's PE Ratio without NRI ratio for today is 11.84.

During the past 9 years, Canadian Solar Infrastructure Fund's highest PE Ratio without NRI was 33.45. The lowest was 11.29. And the median was 20.30.

Canadian Solar Infrastructure Fund's EPS without NRI for the six months ended in Dec. 2025 was 円3,637.57. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was 円6,493.23.

During the past 12 months, Canadian Solar Infrastructure Fund's average EPS without NRI Growth Rate was 2.40% per year. During the past 3 years, the average EPS without NRI Growth Rate was -2.50% per year. During the past 5 years, the average EPS without NRI Growth Rate was 0.80% per year.

During the past 9 years, Canadian Solar Infrastructure Fund's highest 3-Year average EPS without NRI Growth Rate was 16.90% per year. The lowest was -2.90% per year. And the median was 1.90% per year.

Canadian Solar Infrastructure Fund's EPS (Basic) for the six months ended in Dec. 2025 was 円3,637.57. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was 円6,510.41.

Back to Basics: PE Ratio


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

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items 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 Infrastructure Fund PE Ratio Related Terms


Canadian Solar Infrastructure Fund PE Ratio Historical Data

* Premium members only.

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

Canadian Solar Infrastructure Fund Annual Data
Trend Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio
Get a 7-Day Free Trial Premium Member Only 20.08 17.61 19.61 11.80 14.14

Canadian Solar Infrastructure Fund Semi-Annual Data
Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PE 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 19.61 At Loss 11.80 At Loss 14.14

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

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

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

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


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

Canadian Solar Infrastructure Fund PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Canadian Solar Infrastructure Fund's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=76900.00/6510.414
=11.81

Canadian Solar Infrastructure Fund's Share Price of today is 円76900.00.
For company reported semi-annually, Canadian Solar Infrastructure Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円6,510.41.


* 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:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 11.81 mean?
Canadian Solar Infrastructure Fund (TSE:9284) has a PE Ratio of 11.81 as of Jul. 21, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Canadian Solar Infrastructure Fund and its competitors. This is 41% below median its historical median of 19.91. Over the past decade, Canadian Solar Infrastructure Fund's PE Ratio has ranged from 11.06 to 33.45.
Is Canadian Solar Infrastructure Fund's PE Ratio too high?
Canadian Solar Infrastructure Fund's current PE Ratio of 11.81 is 41% below median its 10-year median of 19.91. Over the past 10 years, this metric has ranged from a low of 11.06 to a high of 33.45. 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 PE Ratio compare to EQIX and AMT?
Canadian Solar Infrastructure Fund's PE Ratio of 11.81 can be compared against companies in the REITs industry. Historically, Canadian Solar Infrastructure Fund's own PE Ratio has ranged from 11.06 to 33.45 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a REITs company?
A good PE Ratio depends on the REITs industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Canadian Solar Infrastructure Fund and its competitors. Canadian Solar Infrastructure Fund's current PE Ratio is 11.81, which is 41% below median its own 10-year median of 19.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar 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 PE Ratio is 11.81, which is 41% below median its 10-year median of 19.91. 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 PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For Canadian Solar Infrastructure Fund (TSE:9284), the current PE Ratio is 11.81 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:

  • PE Ratio: 11.81 (41% below median its 10-year median of 19.91)
  • 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

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

PE 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