Canadian Price Earnings To Growth Ratio from 2010 to 2024

CSIQ Stock  USD 19.07  0.87  4.78%   
Canadian Solar Price Earnings To Growth Ratio yearly trend continues to be relatively stable with very little volatility. Price Earnings To Growth Ratio is likely to drop to 0.48. During the period from 2010 to 2024, Canadian Solar Price Earnings To Growth Ratio destribution of quarterly values had r-value of (0.42) from its regression line and median of  0. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
0.50712461
Current Value
0.48
Quarterly Volatility
3.33783786
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canadian Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canadian main balance sheet or income statement drivers, such as Depreciation And Amortization of 322.4 M, Interest Expense of 119.8 M or Selling General Administrative of 318.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 9.0E-4 or PTB Ratio of 0.64. Canadian financial statements analysis is a perfect complement when working with Canadian Solar Valuation or Volatility modules.
  
This module can also supplement Canadian Solar's financial leverage analysis and stock options assessment as well as various Canadian Solar Technical models . Check out the analysis of Canadian Solar Correlation against competitors.
To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.

Latest Canadian Solar's Price Earnings To Growth Ratio Growth Pattern

Below is the plot of the Price Earnings To Growth Ratio of Canadian Solar over the last few years. It is Canadian Solar's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canadian Solar's overall financial position and show how it may be relating to other accounts over time.
Price Earnings To Growth Ratio10 Years Trend
Slightly volatile
   Price Earnings To Growth Ratio   
       Timeline  

Canadian Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean0.72
Coefficient Of Variation462.94
Mean Deviation1.59
Median0
Standard Deviation3.34
Sample Variance11.14
Range14.0977
R-Value(0.42)
Mean Square Error9.93
R-Squared0.17
Significance0.12
Slope(0.31)
Total Sum of Squares155.98

Canadian Price Earnings To Growth Ratio History

2024 0.48
2023 0.51
2022 0.0589
2021 -0.55
2020 -1.43
2019 -0.3
2018 0.0291

About Canadian Solar Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Canadian Solar income statement, its balance sheet, and the statement of cash flows. Canadian Solar investors use historical funamental indicators, such as Canadian Solar's Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although Canadian Solar investors may use each financial statement separately, they are all related. The changes in Canadian Solar's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canadian Solar's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Canadian Solar Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Canadian Solar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings To Growth Ratio 0.51  0.48 

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When determining whether Canadian Solar is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Solar Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Solar Stock:
Check out the analysis of Canadian Solar Correlation against competitors.
To learn how to invest in Canadian Stock, please use our How to Invest in Canadian Solar guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Canadian Solar's price analysis, check to measure Canadian Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.
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Is Canadian Solar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Solar. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Earnings Share
3.01
Revenue Per Share
110.075
Quarterly Revenue Growth
(0.22)
Return On Assets
0.0211
The market value of Canadian Solar is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Solar's value that differs from its market value or its book value, called intrinsic value, which is Canadian Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Solar's market value can be influenced by many factors that don't directly affect Canadian Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.