Price to Book Value (P/BV)
since 2006
Calculation
First Solar Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2024 | 2.32 | = | 144.99 | ÷ | 62.59 | 62.59 | = | 6,687,469 | ÷ | 106,848,929 | |
| Feb 28, 2023 | 3.09 | = | 169.14 | ÷ | 54.74 | 54.74 | = | 5,836,055 | ÷ | 106,609,094 | |
| Mar 1, 2022 | 1.35 | = | 75.62 | ÷ | 56.05 | 56.05 | = | 5,959,551 | ÷ | 106,333,764 | |
| Feb 26, 2021 | 1.56 | = | 81.02 | ÷ | 52.09 | 52.09 | = | 5,520,928 | ÷ | 105,986,398 | |
| Feb 21, 2020 | 1.05 | = | 50.59 | ÷ | 48.33 | 48.33 | = | 5,096,767 | ÷ | 105,457,669 | |
| Feb 22, 2019 | 1.08 | = | 53.73 | ÷ | 49.69 | 49.69 | = | 5,212,403 | ÷ | 104,894,572 | |
| Feb 23, 2018 | 1.27 | = | 61.79 | ÷ | 48.80 | 48.80 | = | 5,098,697 | ÷ | 104,474,656 | |
| Feb 22, 2017 | 0.67 | = | 33.57 | ÷ | 50.10 | 50.10 | = | 5,212,687 | ÷ | 104,044,691 | |
| Feb 24, 2016 | 1.27 | = | 69.45 | ÷ | 54.52 | 54.52 | = | 5,548,487 | ÷ | 101,767,670 | |
| Feb 25, 2015 | 1.17 | = | 58.54 | ÷ | 50.13 | 50.13 | = | 5,027,487 | ÷ | 100,291,843 | |
| Feb 26, 2014 | 1.17 | = | 52.74 | ÷ | 45.25 | 45.25 | = | 4,503,117 | ÷ | 99,512,794 | |
| Feb 27, 2013 | 0.65 | = | 27.04 | ÷ | 41.37 | 41.37 | = | 3,605,526 | ÷ | 87,156,517 | |
| Feb 29, 2012 | 0.77 | = | 32.30 | ÷ | 42.13 | 42.13 | = | 3,643,863 | ÷ | 86,485,999 | |
| Feb 28, 2011 | 3.66 | = | 147.39 | ÷ | 40.22 | 40.22 | = | 3,454,945 | ÷ | 85,895,081 | |
| Feb 22, 2010 | 3.63 | = | 113.09 | ÷ | 31.13 | 31.13 | = | 2,652,787 | ÷ | 85,229,228 | |
| Feb 25, 2009 | 5.81 | = | 107.65 | ÷ | 18.53 | 18.53 | = | 1,513,042 | ÷ | 81,643,905 | |
| Feb 21, 2008 | 15.17 | = | 211.59 | ÷ | 13.95 | 13.95 | = | 1,097,267 | ÷ | 78,649,834 | |
| Mar 16, 2007 | 9.06 | = | 51.52 | ÷ | 5.69 | 5.69 | = | 411,440 | ÷ | 72,363,218 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of First Solar Inc. Annual Report.
Comparison to Competitors
First Solar Inc., P/BV, long-term trends, comparison to competitors
| First Solar Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2024 | 2.32 | 4.85 | 2.53 | 8.23 | 21.59 | 1.75 | 23.25 | 10.58 | 1.74 | 26.03 | 5.72 | 8.57 |
| Feb 28, 2023 | 3.09 | 2.32 | 2.35 | 7.25 | 10.23 | 1.15 | 40.05 | 10.10 | 1.15 | 24.95 | 7.00 | 11.33 |
| Mar 1, 2022 | 1.35 | 19.21 | 2.50 | 10.60 | 10.50 | 2.21 | 15.98 | 13.64 | 1.79 | 20.14 | 15.59 | 11.87 |
| Feb 26, 2021 | 1.56 | 17.77 | 4.22 | 7.63 | 7.40 | 2.84 | 11.83 | 10.55 | 1.50 | 15.49 | 24.00 | 17.02 |
| Feb 21, 2020 | 1.05 | 20.46 | 3.61 | 6.67 | 5.09 | 3.78 | 8.15 | 6.40 | 1.40 | 10.09 | 19.69 | 13.79 |
| Feb 22, 2019 | 1.08 | 18.30 | 3.02 | 4.73 | 3.74 | 2.94 | 11.39 | 4.28 | 1.49 | 19.60 | 82.57 | 11.20 |
| Feb 23, 2018 | 1.27 | 19.87 | 3.22 | 5.94 | 5.28 | 3.08 | 10.50 | 3.82 | 2.51 | 10.51 | 2.56 | 9.89 |
| Feb 22, 2017 | 0.67 | 31.66 | 4.35 | 4.93 | 3.84 | 2.60 | 17.57 | 2.45 | 1.48 | 3.98 | 3.12 | 7.36 |
| Feb 24, 2016 | 1.27 | — | 3.72 | 2.87 | 8.24 | 2.21 | 19.57 | 2.23 | 1.47 | 2.84 | 2.88 | 5.30 |
| Feb 25, 2015 | 1.17 | 12.72 | 3.64 | 3.80 | 7.98 | 2.91 | 3.26 | 2.29 | 3.22 | 2.19 | 3.28 | 5.94 |
| Feb 26, 2014 | 1.17 | 4.94 | 3.28 | 2.82 | 4.46 | 2.11 | 2.78 | 1.69 | 1.92 | 1.63 | 3.26 | 4.46 |
| Feb 27, 2013 | 0.65 | 3.45 | 2.90 | 1.79 | 3.25 | 2.04 | 2.61 | 1.24 | 0.72 | 2.20 | 2.95 | 3.45 |
| Feb 29, 2012 | 0.77 | 3.28 | 2.62 | 1.65 | 3.51 | 2.90 | 2.11 | 1.80 | 0.64 | 3.27 | 3.25 | 3.48 |
| Feb 28, 2011 | 3.66 | 6.21 | 3.36 | 2.35 | 4.24 | 2.46 | 2.41 | 2.63 | 0.96 | 3.74 | 3.54 | 4.00 |
| Feb 22, 2010 | 3.63 | 8.23 | 3.43 | 2.53 | 3.78 | 2.76 | 2.44 | 2.67 | 1.25 | 2.27 | 3.61 | 3.10 |
| Feb 25, 2009 | 5.81 | — | 2.04 | 1.84 | — | 1.72 | 2.19 | 2.69 | 0.42 | 4.24 | 3.05 | 2.09 |
| Feb 21, 2008 | 15.17 | 1.44 | 3.99 | 3.14 | — | 2.76 | 3.27 | 4.05 | 0.96 | 5.06 | 4.11 | 4.14 |
| Mar 16, 2007 | 9.06 | 1.42 | 3.36 | 3.81 | — | 3.27 | 2.75 | 4.19 | 1.30 | 5.75 | 4.48 | 3.93 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
First Solar Inc., P/BV, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| First Solar Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Feb 27, 2024 | 2.32 | 6.36 |
| Feb 28, 2023 | 3.09 | 5.14 |
| Mar 1, 2022 | 1.35 | 6.19 |
| Feb 26, 2021 | 1.56 | 6.04 |
| Feb 21, 2020 | 1.05 | 5.06 |
| Feb 22, 2019 | 1.08 | 4.53 |
| Feb 23, 2018 | 1.27 | 4.01 |
| Feb 22, 2017 | 0.67 | 3.31 |
| Feb 24, 2016 | 1.27 | 2.83 |
| Feb 25, 2015 | 1.17 | 3.34 |
| Feb 26, 2014 | 1.17 | 2.64 |
| Feb 27, 2013 | 0.65 | 2.30 |
| Feb 29, 2012 | 0.77 | 2.69 |
| Feb 28, 2011 | 3.66 | 2.84 |
| Feb 22, 2010 | 3.63 | 2.95 |
| Feb 25, 2009 | 5.81 | 2.14 |
| Feb 21, 2008 | 15.17 | 3.22 |
| Mar 16, 2007 | 9.06 | 3.34 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).
Comparison to Industry (Information Technology)
First Solar Inc., P/BV, long-term trends, comparison to industry (information technology)
| First Solar Inc. | Information Technology | |
|---|---|---|
| Feb 27, 2024 | 2.32 | 11.35 |
| Feb 28, 2023 | 3.09 | 10.37 |
| Mar 1, 2022 | 1.35 | 12.40 |
| Feb 26, 2021 | 1.56 | 10.90 |
| Feb 21, 2020 | 1.05 | 8.28 |
| Feb 22, 2019 | 1.08 | 7.01 |
| Feb 23, 2018 | 1.27 | 5.46 |
| Feb 22, 2017 | 0.67 | 4.51 |
| Feb 24, 2016 | 1.27 | 4.28 |
| Feb 25, 2015 | 1.17 | 4.33 |
| Feb 26, 2014 | 1.17 | 3.49 |
| Feb 27, 2013 | 0.65 | 3.75 |
| Feb 29, 2012 | 0.77 | 3.99 |
| Feb 28, 2011 | 3.66 | 4.18 |
| Feb 22, 2010 | 3.63 | 4.33 |
| Feb 25, 2009 | 5.81 | 4.05 |
| Feb 21, 2008 | 15.17 | 8.74 |
| Mar 16, 2007 | 9.06 | 7.28 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-26), 10-K (reporting date: 2008-12-27), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30).