Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 14.15 as of Sunday, August 9, 2026.
Forward PE Ratio (14.15) = Close Price ($250.05) / Consensus Forward EPS ($17.67)
FORWARD PE RATIO
14.15
SECTOR MEDIAN · TECHNOLOGY
28.65
median of 146 covered companies
CURRENT VS SECTOR MEDIAN
-50.61%
vs the sector median at left
First Solar, Inc.
Market Cap
$26.87B
Forward PE Ratio
14.15
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| First Solar, Inc. (FSLR) | $26.87B | 14.15 |
| Roblox Corporation (RBLX)vs › | $27.00B | N/A |
| VeriSign, Inc. (VRSN)vs › | $26.63B | 30.09 |
| Zscaler, Inc. (ZS)vs › | $27.28B | 40.97 |
| Splunk Inc. (SPLK)vs › | $26.44B | N/A |
| HP Inc. (HPQ)vs › | $27.48B | 9.94 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $25.98B | 10.03 |
| Fiserv, Inc. (FISV)vs › | $27.95B | 6.46 |
| Corpay, Inc. (CPAY)vs › | $25.68B | 14.52 |
| Tower Semiconductor Ltd. (TSEM)vs › | $28.49B | 65.87 |
Trailing P/E
15.4
reported TTM EPS
Forward P/E
14.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $17.67 implies +8.9% EPS growth vs the reported trailing $16.22.
At today's $250.05 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $17.67 | $16.01 – $20.15 | 23 | 14.2x |
| 2027-12-31 | $23.79 | $17.61 – $29.19 | 23 | 10.5x |
| 2028-12-31 | $29.20 | $22.68 – $40.59 | 24 | 8.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
