Canadian Solar Stock

Canadian Solar P/E 2024

Canadian Solar P/E

13.74

Ticker

CSIQ

ISIN

CA1366351098

WKN

A0LCUY

As of Sep 20, 2024, Canadian Solar's P/E ratio was 13.74, a 28.89% change from the 10.66 P/E ratio recorded in the previous year.

The Canadian Solar P/E history

Canadian Solar Aktienanalyse

What does Canadian Solar do?

Canadian Solar Inc. is a globally leading manufacturer of solar cells, solar modules, and solar systems headquartered in Ontario, Canada. The company was founded in 2001 by Dr. Shawn Qu and currently employs over 13,000 staff in 20 countries. Canadian Solar offers a wide range of products and services for the solar energy industry, focusing on research and development, production, sales, and service. The company specializes in the manufacturing of crystalline solar modules, thin-film solar cells, systems and installations, as well as photovoltaic systems for residential and commercial use. Canadian Solar has advanced production facilities in China, South Korea, Thailand, and Canada, utilizing innovative technologies to continuously improve the efficiency and performance of its products. The company takes pride in providing customers worldwide with customized products and services tailored to their specific needs. With an impressive track record of implementing solar energy projects globally, Canadian Solar has a global presence and the capability to undertake complex projects worldwide. The company is committed to advancing the solar industry and making the world a more sustainable place. It collaborates closely with customers, partners, and governments to develop innovative technologies and explore new markets. Canadian Solar's clear vision is based on three pillars: innovation, sustainability, and customer satisfaction. The company aims to improve existing technologies while developing new solutions to further advance the industry. In the future, Canadian Solar will continue to play a crucial role in the global solar energy industry, increasing investments in research and development, expanding production capacities, and promoting the use of solar energy worldwide. Overall, Canadian Solar Inc. has made a significant contribution to the solar energy industry with its high-quality products, innovative technologies, and commitment to sustainability. It will continue to play an important role in the future. Canadian Solar ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Canadian Solar's P/E Ratio

The Price to Earnings (P/E) Ratio of Canadian Solar is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Canadian Solar's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Canadian Solar is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Canadian Solar’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Canadian Solar stock

What is the price-to-earnings ratio of Canadian Solar?

The price-earnings ratio of Canadian Solar is currently 13.74.

How has the price-earnings ratio of Canadian Solar changed compared to last year?

The price-to-earnings ratio of Canadian Solar has increased by 28.89% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Canadian Solar high compared to other companies?

Yes, the price-to-earnings ratio of Canadian Solar is high compared to other companies.

How does an increase in the price-earnings ratio of Canadian Solar affect the company?

An increase in the price-earnings ratio of Canadian Solar would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Canadian Solar affect the company?

A decrease in the price-earnings ratio of Canadian Solar would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Canadian Solar?

Some factors that influence the price-earnings ratio of Canadian Solar are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Canadian Solar pay?

Over the past 12 months, Canadian Solar paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Canadian Solar is expected to pay a dividend of 0 USD.

What is the dividend yield of Canadian Solar?

The current dividend yield of Canadian Solar is .

When does Canadian Solar pay dividends?

Canadian Solar pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Canadian Solar?

Canadian Solar paid dividends every year for the past 0 years.

What is the dividend of Canadian Solar?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Canadian Solar located?

Canadian Solar is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Canadian Solar kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canadian Solar from 9/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.

When did Canadian Solar pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Canadian Solar in the year 2023?

In the year 2023, Canadian Solar distributed 0 USD as dividends.

In which currency does Canadian Solar pay out the dividend?

The dividends of Canadian Solar are distributed in USD.

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Andere Kennzahlen von Canadian Solar

Our stock analysis for Canadian Solar Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Canadian Solar Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.