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FSLRFirst Solar, Inc.

Is the PEG ratio high or low?

The PEG ratio of 1.01 is 30% below its 4-year average of 1.44, near the low end of its 4-year range (0.26–3.34).

59.06% above its 12-month average of 0.64.

FSLR PEG Ratio

FSLR PEG Ratio Chart

1.01

Reported annual fiscal-period values; no daily interpolation.

+206.06% 10Y
FSLR PEG Ratio

FSLR Average PEG Ratio Chart

FSLR PEG Ratio

FSLR Current vs Average PEG Ratio Chart

FSLR PEG Ratio Metrics

PEG RATIO

1.01

PEG RATIO AVG TTM

0.64

PEG RATIO AVG 3Y

1.54

PEG RATIO AVG 5Y

1.44

PEG RATIO AVG 10Y

0.90

PEG RATIO AVG 15Y

1.68

PEG RATIO AVG 20Y

0.96

CURRENT VS TTM AVG

+59.06%

CURRENT VS 3Y AVG

-34.27%

CURRENT VS 5Y AVG

-29.74%

CURRENT VS 10Y AVG

+12.07%

CURRENT VS 15Y AVG

-40.04%

CURRENT VS 20Y AVG

+5.21%

FSLR Competitors' PEG Ratio

NAMEMARKET CAPPEG RATIOTTM3Y5Y
First Solar, Inc. (FSLR)$26.72B1.010.641.541.44
Coterra Energy Inc. (CTRA)vs ›$24.72B0.240.240.140.10
Halliburton Company (HAL)vs ›$28.76BN/A1.771.771.21
Tenaris S.A. (TS)vs ›$30.69B0.770.350.250.21
Expand Energy Corporation (EXE)vs ›$21.19BN/A0.180.180.09
EQT Corporation (EQT)vs ›$32.31B0.030.030.030.60
APA Corporation (APA)vs ›$11.81B0.080.080.040.04
Antero Midstream Corporation (AM)vs ›$10.78B5.724.033.092.43
Cameco Corporation (CCJ)vs ›$45.11B0.390.390.320.47
Enphase Energy, Inc. (ENPH)vs ›$6.22B0.340.341.7323.74

Growth-Adjusted Valuation

PEG Ratio

1.01

P/E Ratio

16.1

PEG Ratio Formula & Definition

PEG Ratio = PE Ratio / Earnings Growth Rate

The PEG ratio adjusts the PE ratio for expected earnings growth. A PEG near 1 is often considered fairly valued relative to growth.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PEG Ratio FAQ

What is the PEG ratio for First Solar, Inc. (FSLR)?
The PEG ratio for FSLR stock is 1.01.
Is First Solar, Inc.'s PEG ratio high or low?
The PEG ratio of 1.01 is 30% below its 4-year average of 1.44, near the low end of its 4-year range (0.26–3.34).
What is the TTM average PEG ratio for First Solar, Inc. (FSLR)?
The TTM average PEG ratio for FSLR stock is 0.64.
What is the 3Y average PEG ratio for First Solar, Inc. (FSLR)?
The 3Y average PEG ratio for FSLR stock is 1.54.
What is the 5Y average PEG ratio for First Solar, Inc. (FSLR)?
The 5Y average PEG ratio for FSLR stock is 1.44.
What is the 10Y average PEG ratio for First Solar, Inc. (FSLR)?
The 10Y average PEG ratio for FSLR stock is 0.90.
What is the 15Y average PEG ratio for First Solar, Inc. (FSLR)?
The 15Y average PEG ratio for FSLR stock is 1.68.
What is the 20Y average PEG ratio for First Solar, Inc. (FSLR)?
The 20Y average PEG ratio for FSLR stock is 0.96.

FSLR PEG Ratio History

DATEPEG RATIO
2025-12-311.01
2024-12-310.26
2022-12-313.34
2021-12-311.14
2019-12-310.29
2017-12-310.78
2016-12-310.06
2015-12-310.33
2014-12-312.12
2011-12-310.69
2010-12-318.51
2009-12-310.23
2008-12-310.30
2007-12-310.04
2005-12-312.85
2004-12-311.27
2002-12-3125.24

About First Solar, Inc.

First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.

Phoenix, AZ
8,100 employees
Energy / Solar
Sector
Energy
Industry
Solar
CEO
Mark R. Widmar