Canaan Inc
Canaan Inc. engages in the research and development, design, and sale of integrated circuits (IC), and lease of final mining equipment by integrating IC products for bitcoin mining and related components in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts; and distribution of edge computing chip products, as well as mining bu… Read more
Market Cap & Net Worth: Canaan Inc (CAN)
Canaan Inc (NASDAQ:CAN) has a market capitalization of $305.51 Million ($305.51 Million) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #12108 globally and #5273 in its home market, demonstrating a -6.59% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Canaan Inc's stock price $0.48 by its total outstanding shares 641837926 (641.84 Million).
Canaan Inc Market Cap History: 2019 to 2026
Canaan Inc's market capitalization history from 2019 to 2026. Data shows change from $3.92 Billion to $305.51 Million (-37.17% CAGR).
Index Memberships
Canaan Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.00% | #1207 of 3165 |
Weight: Canaan Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Canaan Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Canaan Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.84x
Canaan Inc's market cap is 0.84 times its annual revenue
0.38x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2019 | $3.92 Billion | $1.42 Billion | -$1.03 Billion | 2.75x | N/A |
| 2020 | $3.81 Billion | $68.58 Million | -$32.95 Million | 55.50x | N/A |
| 2021 | $3.31 Billion | $771.14 Million | $308.44 Million | 4.29x | 10.72x |
| 2022 | $1.32 Billion | $651.53 Million | $69.88 Million | 2.03x | 18.92x |
| 2023 | $1.48 Billion | $211.48 Million | -$414.15 Million | 7.01x | N/A |
| 2024 | $1.32 Billion | $269.32 Million | -$249.75 Million | 4.89x | N/A |
| 2025 | $442.87 Million | $529.74 Million | -$210.27 Million | 0.84x | N/A |
Competitor Companies of CAN by Market Capitalization
Companies near Canaan Inc in the global market cap rankings as of March 18, 2026.
Key companies related to Canaan Inc by market ranking:
- Arista Networks (NYSE:ANET): Ranked #134 globally with a market cap of $138.43 Billion USD.
- Western Digital Corporation (NASDAQ:WDC): Ranked #209 globally with a market cap of $96.27 Billion USD.
- Sandisk Corp (NASDAQ:SNDK): Ranked #219 globally with a market cap of $92.46 Billion USD.
- Seagate Technology PLC (NASDAQ:STX): Ranked #220 globally with a market cap of $91.52 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #134 | Arista Networks | NYSE:ANET | $138.43 Billion | $133.07 |
| #209 | Western Digital Corporation | NASDAQ:WDC | $96.27 Billion | $313.81 |
| #219 | Sandisk Corp | NASDAQ:SNDK | $92.46 Billion | $720.17 |
| #220 | Seagate Technology PLC | NASDAQ:STX | $91.52 Billion | $421.09 |
Canaan Inc Historical Marketcap From 2019 to 2026
Between 2019 and today, Canaan Inc's market cap moved from $3.92 Billion to $ 305.51 Million, with a yearly change of -37.17%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $305.51 Million | -31.01% |
| 2025 | $442.87 Million | -66.34% |
| 2024 | $1.32 Billion | -11.26% |
| 2023 | $1.48 Billion | +12.14% |
| 2022 | $1.32 Billion | -60.00% |
| 2021 | $3.31 Billion | -13.15% |
| 2020 | $3.81 Billion | -2.79% |
| 2019 | $3.92 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Canaan Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $305.51 Million USD |
| MoneyControl | $305.51 Million USD |
| MarketWatch | $305.51 Million USD |
| marketcap.company | $305.51 Million USD |
| Reuters | $305.51 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.