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First SolarXSWX:FSLR +2.11%91 3-Year Book Growth Rate is 17.50% as of Jun. 2026, which is 178% above its 10-year median of 6.30. GuruFocus rates XSWX:FSLR with a GF Score™ of 91/100 and a GF Value™ of CHF138.04. The stock has 7 warning signs investors should review. Among 980 Semiconductors companies, First Solar ranks better than 80.41% on this metric.
During the past 12 months, First Solar's average Book Value per Share Growth Rate was 20.50% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 17.50% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 11.00% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 4.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of First Solar was 367.80% per year. The lowest was -3.00% per year. And the median was 6.30% per year.
First Solar (XSWX:FSLR) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
First Solar 3-Year Book Growth Rate Related Terms
XSWX:FSLR vs NXT, ENPH, SEDG: 3-Year Book Growth Rate Comparison
For the Solar subindustry, First Solar's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* 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. Note that "N/A" values will not show up in the chart.
First Solar 3-Year Book Growth Rate vs Semiconductors Industry
For the Semiconductors industry and Technology sector, First Solar's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where First Solar's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 17.50% mean?
First Solar (XSWX:FSLR) has a 3-Year Book Growth Rate of 17.50% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for First Solar and its competitors. This is 178% above median its historical median of 6.30. According to the industry distribution chart, First Solar ranks #192 out of 980 companies in the Semiconductors industry, placing it in the top 19.6%.
Is First Solar's 3-Year Book Growth Rate too high?
First Solar's current 3-Year Book Growth Rate of 17.50% is 178% above median its 10-year median of 6.30. The Semiconductors industry median 3-Year Book Growth Rate is 4.40. First Solar's value of 17.50% is 297.7% above this industry median. Based on the distribution chart, First Solar ranks #192 out of 980 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, First Solar has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does First Solar's 3-Year Book Growth Rate compare to NXT and ENPH?
According to the Semiconductors industry distribution chart, First Solar ranks #192 out of 980 companies for 3-Year Book Growth Rate. This places First Solar in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 4.40. First Solar's value of 17.50% is 297.7% above this benchmark. While the company's 10-year median is 6.30 vs. the industry median of 4.40, First Solar has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Semiconductors company?
The median 3-Year Book Growth Rate among Semiconductors companies is 4.40, based on 980 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Solar's current 3-Year Book Growth Rate of 17.50% is 297.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for First Solar and its competitors. For the Semiconductors industry, the median 3-Year Book Growth Rate is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Solar's current 3-Year Book Growth Rate is 17.50%, which is 178% above median its own 10-year median of 6.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Solar stock overvalued right now?
First Solar (XSWX:FSLR) has a current 3-Year Book Growth Rate of 17.50%. The stock's GF Value™ is CHF138.04, compared to a current price of CHF195.78 — trading 41.8% above its estimated fair value. The current 3-Year Book Growth Rate is 17.50%, which is 178% above median its 10-year median of 6.30 and 297.7% above the Semiconductors industry median of 4.40. First Solar's overall GF Score™ is 91/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current 3-Year Book Growth Rate is 17.50% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Solar (XSWX:FSLR) Overvalued in 2026?
Based on GuruFocus' analysis, First Solar stock appears to be overvalued.
The current stock price of CHF195.78 is trading 41.8% above its estimated GF Value™ of CHF138.04.
Key valuation signals for XSWX:FSLR:
3-Year Book Growth Rate: 17.50% (178% above median its 10-year median of 6.30)
GF Value™: CHF138.04 vs. price of CHF195.78 (41.8% above fair value)
Industry Position: 297.7% above the Semiconductors median (#192 of 980)
No single metric tells the full story. See the XSWX:FSLR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
91GF Score
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