Valuation check: CSIQ's P/E ratio is -8.7, below the Technology sector average of 27.19.
Get informed when a big investor buys or sells
+ Follow-8.70
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, CSIQ shows a P/E ratio of -8.7. That is below the Technology sector average of 27.19. Scroll down for historical charts and peer comparison views.
The Technology sector average P/E ratio is about 27.19. Canadian Solar is at -8.7, which is lower that average. That is roughly 132.0% below the sector mean. Use the comparison chart on this page to see how CSIQ stacks up against individual peers as well.
Investors watch CSIQ's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Canadian Solar's latest reading is -8.7. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Canadian Solar's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently -8.7) with ownership activity and broader fundamentals.
The Technology average P/E ratio is about 27.19, while CSIQ is at -8.7. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.