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First Solar (XSWX:FSLR) Median PS Value : CHF26.00 (As of May. 02, 2024)


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What is First Solar Median PS Value?

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 Mar. 2024 was CHF29.799. First Solar's 10-Year median PS Ratio is 0.8725. Therefore, the Median PS Value for today is CHF26.00.

As of today (2024-05-02), First Solar's share price is CHF62.96. First Solar's Median PS Value is CHF26.00. Therefore, First Solar's Price to Median PS Value for today is 2.42.

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

XSWX:FSLR' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.58   Med: 1.58   Max: 3.04
Current: 2.42

During the past 13 years, the highest Price to Median PS Value of First Solar was 3.04. The lowest was 0.58. And the median was 1.58.

XSWX:FSLR's Price-to-Median-PS-Value is ranked worse than
79.53% of 513 companies
in the Semiconductors industry
Industry Median: 1.43 vs XSWX:FSLR: 2.42

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 Median PS Value Chart

First Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.50 27.85 - - -

First Solar Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Median PS Value Get a 7-Day Free Trial 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 - - - - -

Competitive Comparison of First Solar's Median PS Value

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's Price-to-Median-PS-Value Distribution in the Semiconductors Industry

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
=29.799*0.8725
=26.00

10-Year Median PS Ratio is 0.8725.
First Solar's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF29.799.

* 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  (XSWX: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
=62.96/26.00
=2.42

* 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 (XSWX: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.

First Solar (XSWX:FSLR) Headlines

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