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First Solar (NAS:FSLR) Median PS Value

: $66.50 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. First Solar's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $29.529. First Solar's 10-Year median PS Ratio is 2.252. Therefore, the Median PS Value for today is $66.50.

As of today (2023-11-28), First Solar's share price is $154.65. First Solar's Median PS Value is $66.50. Therefore, First Solar's Price to Median PS Value for today is 2.33.

The historical rank and industry rank for First Solar's Median PS Value or its related term are showing as below:

FSLR' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.49   Med: 1.48   Max: 3.93
Current: 2.33

During the past 13 years, the highest Price to Median PS Value of First Solar was 3.93. The lowest was 0.49. And the median was 1.48.

FSLR's Price-to-Median-PS-Value is ranked worse than
79.6% of 505 companies
in the Semiconductors industry
Industry Median: 1.29 vs FSLR: 2.33

First Solar Median PS Value Historical Data

The historical data trend for First Solar's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Solar Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.92 52.00 43.75 48.52 49.33

First Solar Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Median PS Value 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 46.49 49.33 55.39 60.29 66.50

Competitive Comparison

For the Solar subindustry, First Solar's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution

For the Semiconductors industry and Technology sector, First Solar's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where First Solar's Price-to-Median-PS-Value falls into.



First Solar Median PS Value Calculation

First Solar's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=29.529*2.252
=66.50

10-Year Median PS Ratio is 2.252.
First Solar's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.529.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Solar  (NAS:FSLR) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

First Solar's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=154.65/66.50
=2.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Solar Median PS Value Related Terms

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First Solar (NAS:FSLR) Business Description

Address
350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281
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.
Executives
Norman L. Wright director 26335 N. 104TH WAY, SCOTTSDALE AZ 85255
Lisa A Kro director 3700 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Anita M. George director 4/5 SHANTINIKETAN, NEW DELHI K7 110 021
Kathryn A Hollister director 331 OREGON STREET, CINCINNATI OH 45202
Michael Koralewski officer: Chief Mfg. Operations Officer 28101 CEDAR PARK BLVD., PERRYSBURG OH 43551
Kuntal Kumar Verma officer: Chief Mfg. Engineering Officer 28101 CEDAR PARK BLVD., PERRYSBURG OH 43551
Patrick James Buehler officer: Chief Quality and Rel. Officer 28101 CEDAR PARK BLVD., PERRYSBURG OH 43551
Markus Gloeckler officer: Co-Chief Technology Officer 28101 CEDAR PARK BLVD., PERRYSBURG OH 43551
Jason E. Dymbort officer: General Counsel, Interim 77 RIO ROBLES, SAN JOSE CA 95134
Caroline Stockdale officer: EVP, HR & Communications C/O WARNER MUSIC GROUP, 75 ROCKEFELLER PLAZA, NEW YORK NY 10019
Byron Michael Jeffers officer: CAO, Interim 350 WEST WASHINGTON ST., TEMPE AZ 85281
Molly Joseph director 9209 GRAND SUMMIT BLVD, DRIPPING SPRINGS TX 78620
Jtw Trust No. 1 Uad 9/19/02 other: Member of Group(1) P.O. BOX 1860, BENTONVILLE AR 72712
Jcl Holdings Llc 10 percent owner PO BOX 1860, BENTONVILLE AR 72712
Lukas T Walton 10 percent owner C/O CRAVATH, SWAINE & MOORE LLP, 825 EIGHTH AVENUE, NEW YORK NY 10019