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CSI Solar Co (SHSE:688472) Price-to-Tangible-Book : 2.15 (As of May. 12, 2024)


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What is CSI Solar Co Price-to-Tangible-Book?

As of today (2024-05-12), CSI Solar Co's share price is ¥12.31. CSI Solar Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.72. Hence, CSI Solar Co's Price to Tangible Book Ratio of today is 2.15.

The historical rank and industry rank for CSI Solar Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:688472' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.15   Med: 2.43   Max: 3.52
Current: 2.15

During the past 11 years, CSI Solar Co's highest Price to Tangible Book Ratio was 3.52. The lowest was 2.15. And the median was 2.43.

SHSE:688472's Price-to-Tangible-Book is ranked better than
59.7% of 948 companies
in the Semiconductors industry
Industry Median: 2.59 vs SHSE:688472: 2.15

A closely related ratio is called PB Ratio. As of today, CSI Solar Co's share price is ¥12.31. CSI Solar Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.95. Hence, CSI Solar Co's P/B Ratio of today is 2.07.


CSI Solar Co Price-to-Tangible-Book Historical Data

The historical data trend for CSI Solar Co's Price-to-Tangible-Book 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.

* Premium members only.

CSI Solar Co Price-to-Tangible-Book Chart

CSI Solar Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.26

CSI Solar Co Quarterly Data
Mar17 Jun17 Sep17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only - 3.52 2.59 2.26 2.17

Competitive Comparison of CSI Solar Co's Price-to-Tangible-Book

For the Solar subindustry, CSI Solar Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


CSI Solar Co's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, CSI Solar Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CSI Solar Co's Price-to-Tangible-Book falls into.



CSI Solar Co Price-to-Tangible-Book Calculation

CSI Solar Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=12.31/5.723
=2.15

* 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:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


CSI Solar Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of CSI Solar Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


CSI Solar Co (SHSE:688472) Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Lushan Road, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215129
CSI Solar Co Ltd research & development, production and sales of crystalline silicon photovoltaic modules. Its products include Modules, inverters, system kits, and energy storage.

CSI Solar Co (SHSE:688472) Headlines

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