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First Solar Shiller PE Ratio

: 29.68 (As of Today)
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As of today (2019-11-20), First Solar's current share price is $54.32. First Solar's E10 for the quarter that ended in Sep. 2019 was $1.83. First Solar's Shiller PE Ratio for today is 29.68.

NAS:FSLR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.51   Max: 36.45
Current: 29.69

7.51
36.45

During the past years, First Solar's highest Shiller PE Ratio was 36.45. The lowest was 7.51. And the median was 18.53.

NAS:FSLR's Shiller PE Ratio is ranked higher than
50% of the 265 Companies
in the Semiconductors industry.

( Industry Median: 29.18 vs. NAS:FSLR: 29.69 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

First Solar's adjusted earnings per share data for the three months ended in Sep. 2019 was $0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.83 for the trailing ten years ended in Sep. 2019.


First Solar Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

First Solar Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.28 18.89 10.11 23.79 16.75

First Solar Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.90 16.75 23.39 32.63 31.72

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


First Solar Shiller PE Ratio Distribution

* The bar in red indicates where First Solar's Shiller PE Ratio falls into.



First Solar Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

First Solar's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=54.32/1.83
=29.68

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

First Solar's E10 for the quarter that ended in Sep. 2019 is calculated as:

For example, First Solar's adjusted earnings per share data for the three months ended in Sep. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.29/256.358*256.358
=0.290

Current CPI (Sep. 2019) = 256.358.

First Solar Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
200912 1.650 215.949 1.959
201003 2.000 217.631 2.356
201006 1.840 217.965 2.164
201009 2.040 218.439 2.394
201012 1.800 219.179 2.105
201103 1.330 223.467 1.526
201106 0.700 225.722 0.795
201109 2.250 226.889 2.542
201112 -4.810 225.672 -5.464
201203 -5.200 229.392 -5.811
201206 1.270 229.478 1.419
201209 1.000 231.407 1.108
201212 1.740 229.601 1.943
201303 0.660 232.773 0.727
201306 0.370 233.504 0.406
201309 1.940 234.149 2.124
201312 0.640 233.049 0.704
201403 1.100 236.293 1.193
201406 0.040 238.343 0.043
201409 0.890 238.031 0.959
201412 1.890 234.812 2.063
201503 -0.610 236.119 -0.662
201506 0.920 238.638 0.988
201509 3.410 237.945 3.674
201512 1.600 236.525 1.734
201603 1.900 238.132 2.045
201606 -0.110 241.018 -0.117
201609 1.450 241.428 1.540
201612 -6.920 241.432 -7.348
201703 0.090 243.801 0.095
201706 0.500 244.955 0.523
201709 1.950 246.819 2.025
201712 -4.140 246.524 -4.305
201803 0.780 249.554 0.801
201806 -0.460 251.989 -0.468
201809 0.540 252.439 0.548
201812 0.490 251.233 0.500
201903 -0.640 254.202 -0.645
201906 -0.180 256.143 -0.180
201909 0.290 256.358 0.290

Add all the adjusted EPS together and divide 10 will get our E10.


First Solar  (NAS:FSLR) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


First Solar Shiller PE Ratio Related Terms


First Solar Shiller PE Ratio Headlines

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