Canadian Solar Inc.
CSIQ

$780.86 M
Marketcap
$11.80
Share price
Country
$-0.40
Change (1 day)
$26.85
Year High
$10.91
Year Low
Categories

Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company operates through two segments, Canadian Solar Inc. (CSI) Solar and Global Energy. The CSI Solar segment offers standard solar modules and battery storage solutions, as well as solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories; and engineering, procurement, and construction (EPC) services. The Global Energy segment engages in the development, construction, maintenance, and sale of solar and battery storage projects; operation of solar power plants; and sale of electricity. This segment also provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services. As of January 31, 2021, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 445 MWp. The company serves distributors, system integrators, project developers, and installers/EPC companies. It sells its products primarily under its Canadian Solar brand name; and on an OEM basis. The company was incorporated in 2001 and is headquartered in Guelph, Canada.

marketcap

P/B ratio for Canadian Solar Inc. (CSIQ)

P/B ratio as of 2023: 0.67

According to Canadian Solar Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.67. At the end of 2022 the company had a P/B ratio of 1.02.

P/B ratio history for Canadian Solar Inc. from 2002 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 0.67
2022 1.02
2021 1.07
2020 1.94
2019 0.95
2018 0.71
2017 0.97
2016 0.79
2015 1.97
2014 1.84
2013 3.54
2012 0.50
2011 0.25
2010 0.99
2009 2.16
2008 0.61
2007 6.08
2006 1.76
2005 34.61
2004 81.43
2003 159.44
2002 309.55