First Solar, Inc. (FSLR) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunl...

First Solar, Inc. (FSLR) currently trades at a P/E ratio of 13.49 (historical range: 10.22–22.84, median: 15.82), placing it at the 21th percentile — below its historical average, P/S ratio of 4.15 (range: 3.04–7.30, 25th percentile — below its historical average), EV/EBITDA of 59.27 (range: 8.89–93.40, 74th percentile).

Over the historical period (2024-08-30 to 2026-08-28), First Solar, Inc.'s P/E ratio has expanded by 10% over the observed period (from an average of 15.2 to 16.7).

First Solar, Inc. appears undervalued relative to its historical range, with most valuation metrics below their median levels.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio13.4910.2215.8222.8421thbelow its historical average
P/S Ratio4.153.044.807.3025thbelow its historical average
EV/EBITDA59.278.8928.9693.4074thabove its historical average
FCF Yield0.060.000.000.0699thcheap relative to its history
Current Price: $199.65
Market Cap: $21.5B
Sector: Technology