First Solar, Inc.

First Solar, Inc.verified

FSLR

Price:

$171.38

Market Cap:

$18.34B

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.[Read more]

Industry

Solar

IPO Date

2006-11-17

Stock Exchange

NASDAQ

Ticker

FSLR

The PE Ratio as of April 2024 (TTM) for First Solar, Inc. (FSLR) is 22.14

According to First Solar, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 22.14. This represents a change of -54.66% compared to the average of 48.83 of the last 4 quarters.

First Solar, Inc. (FSLR) Historical PE Ratio (quarterly & annually)

How has FSLR PE Ratio performed in the past?

The mean historical PE Ratio of First Solar, Inc. over the last ten years is -34.20. The current 22.14 PE Ratio has changed -6573.40% with respect to the historical average. Over the past ten years (40 quarters), FSLR's PE Ratio was at its highest in in the June 2014 quarter at 392.92. The PE Ratio was at its lowest in in the December 2022 quarter at -528.90.

Quarterly (TTM)
Annual

Average

-34.20

Median

11.71

Minimum

-361.37

Maximum

30.81

First Solar, Inc. (FSLR) PE Ratio by Quarter and Year

Discovering the peaks and valleys of First Solar, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 361.05%

Maximum Annual PE Ratio = 30.81

Minimum Annual Increase = -1928.70%

Minimum Annual PE Ratio = -361.37

Quarterly (TTM)
Annual
YearPE RatioChange
202322.15-106.13%
2022-361.37-1928.70%
202119.76-24.83%
202026.29-151.14%
2019-51.40-266.82%
201830.81-172.56%
2017-42.47361.05%
2016-9.21-175.60%
201512.188.39%
201411.24-22.49%

First Solar, Inc. (FSLR) Average PE Ratio

How has FSLR PE Ratio performed in the past?

The current PE Ratio of First Solar, Inc. (FSLR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-106.49

5-year avg

-68.92

10-year avg

-34.20

First Solar, Inc. (FSLR) PE Ratio vs. Peers

How is FSLR’s PE Ratio compared to its peers?

First Solar, Inc.’s PE Ratio is less than Enphase Energy, Inc. (49.97), greater than Sunrun Inc. (-1.22), greater than Canadian Solar Inc. (3.48), greater than SunPower Corporation (-1.34), less than SolarEdge Technologies, Inc. (91.98), greater than JinkoSolar Holding Co., Ltd. (2.51), greater than Sunnova Energy International Inc. (-0.99), greater than Maxeon Solar Technologies, Ltd. (-0.51),

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