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First Solar Price-to-Tangible-Book

: 1.09 (As of Today)
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As of today (2019-11-11), First Solar's share price is $52.48. First Solar's Tangible Book per Share of Sep. 2019 for the quarter that ended in Sep. 2019 was $48.02. Hence, First Solar's Price to Tangible Book Ratio of today is 1.09.

NAS:FSLR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Max: 19.58
Current: 1.09

0.4
19.58

During the past 13 years, First Solar's highest Price to Tangible Book Ratio was 19.58. The lowest was 0.40. And the median was 1.31.

NAS:FSLR's Price-to-Tangible-Book is ranked higher than
75% of the 766 Companies
in the Semiconductors industry.

( Industry Median: 1.92 vs. NAS:FSLR: 1.09 )

A closely related ratio is called PB Ratio. As of today, First Solar's share price is $52.48. First Solar's Book Value per Sharefor the quarter that ended in Sep. 2019 was $48.79. Hence, First Solar's P/B Ratio of today is 1.08.


First Solar Price-to-Tangible-Book 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
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 1.24 0.64 1.41 0.87

First Solar Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Price-to-Tangible-Book 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 1.00 0.87 1.10 1.36 1.21

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 Price-to-Tangible-Book Distribution

* The bar in red indicates where First Solar's Price-to-Tangible-Book falls into.



First Solar Price-to-Tangible-Book Calculation

First Solar's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2019 )
=52.48/48.022
=1.09

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

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


First Solar Price-to-Tangible-Book Related Terms


First Solar Price-to-Tangible-Book Headlines

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