PE Ratio: 16.06
Is the P/E ratio high or low?
The P/E ratio of 16.06 is 75% below its 5-year average of 64.09, near the low end of its 5-year range (10.02–595.30).
As of Friday, June 26, 2026. 5.96% below its 12-month average of 17.08.
PE Ratio (16.06) = Close Price ($248.64) / Diluted TTM EPS ($15.48)
FSLR PE Ratio Chart
FSLR Average PE Ratio Chart
FSLR Current vs Average PE Ratio Chart
FSLR PE Ratio Metrics
PE RATIO
16.06
PE RATIO AVG TTM
17.08
PE RATIO AVG 3Y
19.68
PE RATIO AVG 5Y
21.05
PE RATIO AVG 10Y
31.53
PE RATIO AVG 15Y
18.13
PE RATIO AVG 20Y
21.22
CURRENT VS TTM AVG
-5.96%
CURRENT VS 3Y AVG
-18.38%
CURRENT VS 5Y AVG
-23.72%
CURRENT VS 10Y AVG
-49.07%
CURRENT VS 15Y AVG
-11.41%
CURRENT VS 20Y AVG
-24.33%
FSLR Competitors' PE Ratio
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $26.72B | 16.06 | 17.08 | 19.68 | 21.05 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 14.94 | 13.18 | 12.38 | 13.75 |
| Halliburton Company (HAL)vs › | $28.76B | 18.61 | 17.64 | 13.61 | 23.85 |
| Tenaris S.A. (TS)vs › | $30.69B | 15.19 | 12.43 | 8.64 | 10.28 |
| Expand Energy Corporation (EXE)vs › | $21.19B | 6.61 | 86.81 | 42.80 | 32.23 |
| EQT Corporation (EQT)vs › | $32.31B | 9.56 | 25.84 | 32.83 | 28.18 |
| APA Corporation (APA)vs › | $11.81B | 7.79 | 7.59 | 6.08 | 7.25 |
| Antero Midstream Corporation (AM)vs › | $10.78B | 25.76 | 21.43 | 19.42 | 17.61 |
| Cameco Corporation (CCJ)vs › | $45.11B | 94.69 | 115.18 | 139.50 | 137.23 |
| Enphase Energy, Inc. (ENPH)vs › | $6.22B | 46.74 | 31.50 | 58.27 | 94.01 |
P/E vs. its own history
At 16.1, P/E is cheaper than usual, sitting higher than 30% of its 19-year history.
19-year low
5.0
median
19.1
19-year high
1007.5
P/E Comparison
Trailing P/E
16.1
Forward P/E
10.3
Forward P/E Calculation
View All Analyst EstimatesForward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$248.64
Forward EPS (Est.)
$24.08
Forward P/E
10.33
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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 16.06.
- Is First Solar, Inc.'s P/E ratio high or low?
- The P/E ratio of 16.06 is 75% below its 5-year average of 64.09, 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 17.08.
- What is the 3Y average P/E ratio for First Solar, Inc. (FSLR)?
- The 3Y average P/E ratio for FSLR stock is 19.68.
- What is the 5Y average P/E ratio for First Solar, Inc. (FSLR)?
- The 5Y average P/E ratio for FSLR stock is 21.05.
- What is the 10Y average P/E ratio for First Solar, Inc. (FSLR)?
- The 10Y average P/E ratio for FSLR stock is 31.53.
- What is the 15Y average P/E ratio for First Solar, Inc. (FSLR)?
- The 15Y average P/E ratio for FSLR stock is 18.13.
- What is the 20Y average P/E ratio for First Solar, Inc. (FSLR)?
- The 20Y average P/E ratio for FSLR stock is 21.22.
FSLR PE Ratio History
| DATE | PE RATIO |
|---|---|
| 2026-06-25 | 16.06 |
| 2026-06-24 | 16.04 |
| 2026-06-23 | 16.10 |
| 2026-06-22 | 17.00 |
| 2026-06-18 | 16.65 |
| 2026-06-17 | 16.46 |
| 2026-06-16 | 17.08 |
| 2026-06-15 | 17.67 |
| 2026-06-12 | 17.27 |
| 2026-06-11 | 17.52 |
| 2026-06-10 | 16.10 |
| 2026-06-09 | 16.94 |
| 2026-06-08 | 17.79 |
| 2026-06-05 | 18.02 |
| 2026-06-04 | 20.35 |
| 2026-06-03 | 20.56 |
| 2026-06-02 | 20.09 |
| 2026-06-01 | 19.57 |
| 2026-05-29 | 19.82 |
| 2026-05-28 | 19.60 |
| 2026-05-27 | 17.68 |
| 2026-05-26 | 17.44 |
| 2026-05-22 | 16.66 |
| 2026-05-21 | 16.08 |
| 2026-05-20 | 15.37 |
| 2026-05-19 | 14.32 |
| 2026-05-18 | 15.09 |
| 2026-05-15 | 15.08 |
| 2026-05-14 | 14.96 |
| 2026-05-13 | 15.16 |
| 2026-05-12 | 14.73 |
| 2026-05-11 | 15.07 |
| 2026-05-08 | 14.21 |
| 2026-05-07 | 13.86 |
| 2026-05-06 | 14.08 |
| 2026-05-05 | 14.17 |
| 2026-05-04 | 13.66 |
| 2026-05-01 | 13.68 |
| 2026-04-30 | 13.04 |
| 2026-04-29 | 13.41 |
| 2026-04-28 | 13.78 |
| 2026-04-27 | 13.90 |
| 2026-04-24 | 13.64 |
| 2026-04-23 | 13.81 |
| 2026-04-22 | 13.28 |
| 2026-04-21 | 13.13 |
| 2026-04-20 | 13.55 |
| 2026-04-17 | 13.40 |
| 2026-04-16 | 13.49 |
| 2026-04-15 | 13.74 |
| 2026-04-14 | 14.12 |
| 2026-04-13 | 14.10 |
| 2026-04-10 | 14.32 |
| 2026-04-09 | 13.88 |
| 2026-04-08 | 14.13 |
| 2026-04-07 | 13.53 |
| 2026-04-06 | 13.76 |
| 2026-04-02 | 13.75 |
| 2026-04-01 | 14.03 |
| 2026-03-31 | 13.88 |
| 2026-03-30 | 13.00 |
| 2026-03-27 | 13.39 |
| 2026-03-26 | 13.08 |
| 2026-03-25 | 13.62 |
| 2026-03-24 | 13.57 |
| 2026-03-23 | 13.37 |
| 2026-03-20 | 13.57 |
| 2026-03-19 | 14.05 |
| 2026-03-18 | 13.92 |
| 2026-03-17 | 14.10 |
| 2026-03-16 | 14.04 |
| 2026-03-13 | 13.80 |
| 2026-03-12 | 13.90 |
| 2026-03-11 | 14.09 |
| 2026-03-10 | 13.92 |
| 2026-03-09 | 13.75 |
| 2026-03-06 | 13.32 |
| 2026-03-05 | 13.50 |
| 2026-03-04 | 13.88 |
| 2026-03-03 | 13.90 |
| 2026-03-02 | 14.06 |
| 2026-02-27 | 13.88 |
| 2026-02-26 | 14.08 |
| 2026-02-25 | 14.79 |
| 2026-02-24 | 17.12 |
| 2026-02-23 | 18.60 |
| 2026-02-20 | 18.58 |
| 2026-02-19 | 17.92 |
| 2026-02-18 | 18.32 |
| 2026-02-17 | 17.36 |
| 2026-02-13 | 17.33 |
| 2026-02-12 | 16.93 |
| 2026-02-11 | 17.49 |
| 2026-02-10 | 17.38 |
| 2026-02-09 | 17.06 |
| 2026-02-06 | 16.80 |
| 2026-02-05 | 18.00 |
| 2026-02-04 | 18.28 |
| 2026-02-03 | 18.36 |
| 2026-02-02 | 17.71 |
| 2026-01-30 | 17.32 |
| 2026-01-29 | 17.21 |
| 2026-01-28 | 19.16 |
| 2026-01-27 | 18.05 |
| 2026-01-26 | 18.66 |
| 2026-01-23 | 18.60 |
| 2026-01-22 | 18.41 |
| 2026-01-21 | 18.72 |
| 2026-01-20 | 18.60 |
| 2026-01-16 | 18.72 |
| 2026-01-15 | 18.71 |
| 2026-01-14 | 18.16 |
| 2026-01-13 | 18.54 |
| 2026-01-12 | 18.27 |
| 2026-01-09 | 18.33 |
| 2026-01-08 | 18.91 |
| 2026-01-07 | 18.52 |
| 2026-01-06 | 20.64 |
| 2026-01-05 | 20.89 |
| 2026-01-02 | 21.07 |
| 2025-12-31 | 20.06 |
| 2025-12-30 | 20.30 |
| 2025-12-29 | 20.60 |
| 2025-12-26 | 20.71 |
| 2025-12-24 | 20.91 |
| 2025-12-23 | 20.69 |
| 2025-12-22 | 21.86 |
| 2025-12-19 | 20.51 |
| 2025-12-18 | 20.11 |
| 2025-12-17 | 19.51 |
| 2025-12-16 | 19.85 |
| 2025-12-15 | 19.65 |
| 2025-12-12 | 19.57 |
| 2025-12-11 | 20.95 |
| 2025-12-10 | 20.14 |
| 2025-12-09 | 19.46 |
| 2025-12-08 | 19.65 |
| 2025-12-05 | 19.79 |
| 2025-12-04 | 19.76 |
| 2025-12-03 | 19.67 |
| 2025-12-02 | 20.17 |
| 2025-12-01 | 20.24 |
| 2025-11-28 | 20.96 |
| 2025-11-26 | 20.91 |
| 2025-11-25 | 20.00 |
| 2025-11-24 | 19.96 |
| 2025-11-21 | 19.19 |
| 2025-11-20 | 18.88 |
| 2025-11-19 | 19.34 |
| 2025-11-18 | 19.37 |
| 2025-11-17 | 19.47 |
| 2025-11-14 | 19.44 |
| 2025-11-13 | 19.71 |
| 2025-11-12 | 20.55 |
| 2025-11-11 | 20.29 |
| 2025-11-10 | 20.94 |
| 2025-11-07 | 20.56 |
| 2025-11-06 | 20.89 |
| 2025-11-05 | 21.30 |
| 2025-11-04 | 20.18 |
| 2025-11-03 | 20.41 |
| 2025-10-31 | 20.50 |
| 2025-10-30 | 17.94 |
| 2025-10-29 | 20.68 |
| 2025-10-28 | 20.50 |
| 2025-10-27 | 21.19 |
| 2025-10-24 | 20.65 |
| 2025-10-23 | 19.59 |
| 2025-10-22 | 19.11 |
| 2025-10-21 | 19.41 |
| 2025-10-20 | 19.59 |
| 2025-10-17 | 19.83 |
| 2025-10-16 | 20.34 |
| 2025-10-15 | 20.91 |
| 2025-10-14 | 19.20 |
| 2025-10-13 | 19.35 |
| 2025-10-10 | 19.33 |
| 2025-10-09 | 20.04 |
| 2025-10-08 | 19.79 |
| 2025-10-07 | 19.49 |
| 2025-10-06 | 19.64 |
| 2025-10-03 | 19.69 |
| 2025-10-02 | 19.86 |
| 2025-10-01 | 19.23 |
| 2025-09-30 | 18.86 |
| 2025-09-29 | 19.12 |
| 2025-09-26 | 18.82 |
| 2025-09-25 | 19.08 |
| 2025-09-24 | 18.75 |
| 2025-09-23 | 18.45 |
| 2025-09-22 | 18.75 |
| 2025-09-19 | 18.18 |
| 2025-09-18 | 17.93 |
| 2025-09-17 | 18.02 |
| 2025-09-16 | 17.56 |
| 2025-09-15 | 17.71 |
| 2025-09-12 | 17.25 |
| 2025-09-11 | 17.39 |
| 2025-09-10 | 17.43 |
| 2025-09-09 | 17.37 |
| 2025-09-08 | 17.38 |
| 2025-09-05 | 17.55 |
| 2025-09-04 | 17.27 |
| 2025-09-03 | 17.24 |
| 2025-09-02 | 16.75 |
| 2025-08-29 | 16.70 |
| 2025-08-28 | 16.85 |
| 2025-08-27 | 16.36 |
| 2025-08-26 | 16.83 |
| 2025-08-25 | 17.06 |
| 2025-08-22 | 17.30 |
| 2025-08-21 | 16.42 |
| 2025-08-20 | 17.66 |
| 2025-08-19 | 18.05 |
| 2025-08-18 | 18.76 |
| 2025-08-15 | 17.10 |
| 2025-08-14 | 15.40 |
| 2025-08-13 | 15.81 |
| 2025-08-12 | 15.80 |
| 2025-08-11 | 15.58 |
| 2025-08-08 | 15.80 |
| 2025-08-07 | 15.88 |
| 2025-08-06 | 15.83 |
| 2025-08-05 | 15.98 |
| 2025-08-04 | 15.69 |
| 2025-08-01 | 15.74 |
| 2025-07-31 | 14.95 |
| 2025-07-30 | 15.23 |
| 2025-07-29 | 15.46 |
| 2025-07-28 | 15.61 |
| 2025-07-25 | 15.76 |
| 2025-07-24 | 15.37 |
| 2025-07-23 | 15.29 |
| 2025-07-22 | 15.31 |
| 2025-07-21 | 15.16 |
| 2025-07-18 | 14.95 |
| 2025-07-17 | 14.76 |
| 2025-07-16 | 14.19 |
| 2025-07-15 | 14.62 |
| 2025-07-14 | 13.68 |
| 2025-07-11 | 13.81 |
| 2025-07-10 | 14.04 |
| 2025-07-09 | 14.11 |
| 2025-07-08 | 14.07 |
| 2025-07-07 | 15.06 |
| 2025-07-03 | 15.73 |
| 2025-07-02 | 14.50 |
| 2025-07-01 | 13.86 |
| 2025-06-30 | 14.08 |
| 2025-06-27 | 12.94 |
| 2025-06-26 | 13.23 |
| 2025-06-25 | 12.98 |
| 2025-06-24 | 12.86 |
| 2025-06-23 | 12.30 |
| 2025-06-20 | 12.33 |
| 2025-06-18 | 12.22 |
| 2025-06-17 | 12.24 |
| 2025-06-16 | 14.90 |
| 2025-06-13 | 14.90 |
| 2025-06-12 | 14.27 |
Showing the most recent 260 of 3,814 data points. The chart above shows the full history.
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.
- Sector
- Energy
- Industry
- Solar
- CEO
- Mark R. Widmar