Price to Earnings (P/E)
since 2006
Calculation
First Solar Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss)1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2024 | 18.65 | = | 144.99 | ÷ | 7.78 | 7.78 | = | 830,777 | ÷ | 106,848,929 | |
| Feb 28, 2023 | — | = | 169.14 | ÷ | -0.41 | -0.41 | = | -44,166 | ÷ | 106,609,094 | |
| Mar 1, 2022 | 17.16 | = | 75.62 | ÷ | 4.41 | 4.41 | = | 468,693 | ÷ | 106,333,764 | |
| Feb 26, 2021 | 21.56 | = | 81.02 | ÷ | 3.76 | 3.76 | = | 398,355 | ÷ | 105,986,398 | |
| Feb 21, 2020 | — | = | 50.59 | ÷ | -1.09 | -1.09 | = | -114,933 | ÷ | 105,457,669 | |
| Feb 22, 2019 | 39.05 | = | 53.73 | ÷ | 1.38 | 1.38 | = | 144,326 | ÷ | 104,894,572 | |
| Feb 23, 2018 | — | = | 61.79 | ÷ | -1.59 | -1.59 | = | -165,615 | ÷ | 104,474,656 | |
| Feb 22, 2017 | — | = | 33.57 | ÷ | -3.44 | -3.44 | = | -357,964 | ÷ | 104,044,691 | |
| Feb 24, 2016 | 12.93 | = | 69.45 | ÷ | 5.37 | 5.37 | = | 546,421 | ÷ | 101,767,670 | |
| Feb 25, 2015 | 14.79 | = | 58.54 | ÷ | 3.96 | 3.96 | = | 396,918 | ÷ | 100,291,843 | |
| Feb 26, 2014 | 14.87 | = | 52.74 | ÷ | 3.55 | 3.55 | = | 353,038 | ÷ | 99,512,794 | |
| Feb 27, 2013 | — | = | 27.04 | ÷ | -1.11 | -1.11 | = | -96,338 | ÷ | 87,156,517 | |
| Feb 29, 2012 | — | = | 32.30 | ÷ | -0.46 | -0.46 | = | -39,493 | ÷ | 86,485,999 | |
| Feb 28, 2011 | 19.06 | = | 147.39 | ÷ | 7.73 | 7.73 | = | 664,201 | ÷ | 85,895,081 | |
| Feb 22, 2010 | 15.06 | = | 113.09 | ÷ | 7.51 | 7.51 | = | 640,138 | ÷ | 85,229,228 | |
| Feb 25, 2009 | 25.23 | = | 107.65 | ÷ | 4.27 | 4.27 | = | 348,330 | ÷ | 81,643,905 | |
| Feb 21, 2008 | 105.09 | = | 211.59 | ÷ | 2.01 | 2.01 | = | 158,354 | ÷ | 78,649,834 | |
| Mar 16, 2007 | 938.14 | = | 51.52 | ÷ | 0.05 | 0.05 | = | 3,974 | ÷ | 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/E, 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 | 18.65 | 317.27 | 27.14 | 19.63 | 36.78 | 109.27 | 20.04 | 19.26 | — | 131.70 | 17.07 | 22.24 |
| Feb 28, 2023 | — | 96.16 | 31.21 | 13.55 | 20.70 | 14.54 | 16.89 | 13.77 | 6.62 | 68.08 | 9.75 | 18.88 |
| Mar 1, 2022 | 17.16 | 45.54 | 68.31 | 22.05 | 40.73 | 10.59 | 25.97 | 21.03 | 13.38 | 78.54 | 17.15 | 20.38 |
| Feb 26, 2021 | 21.56 | 41.66 | 41.43 | 22.31 | 66.38 | 11.02 | 25.92 | 24.23 | 21.80 | 67.59 | 28.06 | 27.95 |
| Feb 21, 2020 | — | 169.62 | 31.04 | 20.25 | 47.09 | 13.91 | 18.44 | 13.64 | 7.98 | 22.77 | 22.03 | 24.47 |
| Feb 22, 2019 | 39.05 | 68.76 | 22.17 | 9.75 | 8.14 | 10.41 | 23.02 | 11.70 | 3.40 | 48.05 | — | 18.05 |
| Feb 23, 2018 | — | 282.39 | 44.94 | 16.16 | 63.27 | 22.15 | 15.04 | 15.33 | 9.20 | 36.34 | 31.96 | 27.77 |
| Feb 22, 2017 | — | — | 26.07 | 20.68 | — | 16.72 | 17.19 | 15.81 | — | 28.95 | 17.37 | 21.45 |
| Feb 24, 2016 | 12.93 | — | 27.06 | 15.88 | 28.48 | 11.85 | 22.52 | 17.37 | 6.25 | 19.88 | 17.18 | 17.66 |
| Feb 25, 2015 | 14.79 | — | 27.51 | 27.87 | 98.35 | 13.90 | 20.53 | 18.20 | 11.39 | 22.17 | 16.11 | 21.89 |
| Feb 26, 2014 | 14.87 | — | 23.06 | 78.13 | 23.31 | 12.80 | 17.83 | 66.48 | 14.78 | 14.02 | 17.19 | 22.29 |
| Feb 27, 2013 | — | — | 18.56 | 118.67 | 13.97 | 9.48 | 11.46 | 37.82 | — | 15.69 | 16.21 | 21.47 |
| Feb 29, 2012 | — | 10.61 | 11.45 | 7.52 | 12.75 | 10.29 | 7.61 | 6.16 | 32.47 | 41.12 | 20.59 | 17.06 |
| Feb 28, 2011 | 19.06 | 13.36 | 15.08 | 18.91 | 15.37 | 10.60 | 25.53 | 13.40 | 4.16 | — | 22.76 | 12.93 |
| Feb 22, 2010 | 15.06 | 17.53 | 35.03 | — | — | 26.39 | — | — | — | — | 46.01 | 20.53 |
| Feb 25, 2009 | 25.23 | — | 6.28 | 14.45 | — | 12.70 | 18.23 | 10.91 | — | 13.91 | 17.31 | 10.17 |
| Feb 21, 2008 | 105.09 | — | 18.79 | 14.37 | — | 16.91 | 21.96 | 6.95 | — | 22.62 | 19.70 | 15.55 |
| Mar 16, 2007 | 938.14 | — | 20.98 | 16.71 | — | 23.84 | 25.83 | 17.41 | 25.89 | 27.68 | 24.33 | 10.29 |
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/E, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| First Solar Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Feb 27, 2024 | 18.65 | 47.88 |
| Feb 28, 2023 | — | 23.13 |
| Mar 1, 2022 | 17.16 | 24.47 |
| Feb 26, 2021 | 21.56 | 25.21 |
| Feb 21, 2020 | — | 19.42 |
| Feb 22, 2019 | 39.05 | 13.93 |
| Feb 23, 2018 | — | 24.46 |
| Feb 22, 2017 | — | 25.89 |
| Feb 24, 2016 | 12.93 | 15.14 |
| Feb 25, 2015 | 14.79 | 17.22 |
| Feb 26, 2014 | 14.87 | 17.03 |
| Feb 27, 2013 | — | 15.88 |
| Feb 29, 2012 | — | 12.90 |
| Feb 28, 2011 | 19.06 | 13.57 |
| Feb 22, 2010 | 15.06 | 50.99 |
| Feb 25, 2009 | 25.23 | 20.90 |
| Feb 21, 2008 | 105.09 | 23.61 |
| Mar 16, 2007 | 938.14 | 20.31 |
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/E, long-term trends, comparison to industry (information technology)
| First Solar Inc. | Information Technology | |
|---|---|---|
| Feb 27, 2024 | 18.65 | 35.72 |
| Feb 28, 2023 | — | 27.05 |
| Mar 1, 2022 | 17.16 | 29.31 |
| Feb 26, 2021 | 21.56 | 31.09 |
| Feb 21, 2020 | — | 22.67 |
| Feb 22, 2019 | 39.05 | 23.23 |
| Feb 23, 2018 | — | 23.57 |
| Feb 22, 2017 | — | 19.57 |
| Feb 24, 2016 | 12.93 | 16.46 |
| Feb 25, 2015 | 14.79 | 17.02 |
| Feb 26, 2014 | 14.87 | 14.09 |
| Feb 27, 2013 | — | 14.45 |
| Feb 29, 2012 | — | 13.82 |
| Feb 28, 2011 | 19.06 | 15.09 |
| Feb 22, 2010 | 15.06 | 21.36 |
| Feb 25, 2009 | 25.23 | 15.77 |
| Feb 21, 2008 | 105.09 | 36.48 |
| Mar 16, 2007 | 938.14 | 31.99 |
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).