PE Ratio: 11.84

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 11.84 is 43% below its 5-year average of 20.94, near the low end of its 5-year range (10.02–595.30).

As of 2026-09-24T00:15:50.164Z. 29.03% below its 12-month average of 16.68.

PE Ratio (11.84) = Close Price ($191.97) / Diluted TTM EPS ($16.21)

FSLR PE Ratio Metrics

P/E vs. its own history

At 11.8, P/E is below its 19-year median — higher than 15% of readings in its 19-year history.

P/E Comparison

PE Ratio Formula & Definition

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

PE Ratio FAQ

What is the P/E ratio for First Solar, Inc. (FSLR)?

The P/E ratio for FSLR stock is 11.84.

Is First Solar, Inc.'s P/E ratio high or low?

The P/E ratio of 11.84 is 43% below its 5-year average of 20.94, near the low end of its 5-year range (10.02–595.30).

What is the TTM average P/E ratio for First Solar, Inc. (FSLR)?

The TTM average P/E ratio for FSLR stock is 16.68.

What is the 3Y average P/E ratio for First Solar, Inc. (FSLR)?

The 3Y average P/E ratio for FSLR stock is 17.96.

What is the 5Y average P/E ratio for First Solar, Inc. (FSLR)?

The 5Y average P/E ratio for FSLR stock is 20.94.

What is the 10Y average P/E ratio for First Solar, Inc. (FSLR)?

The 10Y average P/E ratio for FSLR stock is 31.76.

What is the 15Y average P/E ratio for First Solar, Inc. (FSLR)?

The 15Y average P/E ratio for FSLR stock is 18.05.

What is the 20Y average P/E ratio for First Solar, Inc. (FSLR)?

The 20Y average P/E ratio for FSLR stock is 21.05.

Showing the most recent 260 of 3,867 data points. The chart above shows the full history.

Related Metrics