First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
P/S ratio for First Solar, Inc. (FSLR)
P/S ratio as of 2023: 5.54
According to First Solar, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.54. At the end of 2022 the company had a P/S ratio of 6.09.
P/S ratio history for First Solar, Inc. from 2001 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 5.54 |
| 2022 | 6.09 |
| 2021 | 3.17 |
| 2020 | 3.86 |
| 2019 | 1.92 |
| 2018 | 1.98 |
| 2017 | 2.39 |
| 2016 | 1.12 |
| 2015 | 1.86 |
| 2014 | 1.32 |
| 2013 | 1.55 |
| 2012 | 0.79 |
| 2011 | 1.05 |
| 2010 | 4.31 |
| 2009 | 5.41 |
| 2008 | 8.69 |
| 2007 | 39.43 |
| 2006 | 12.45 |
| 2005 | 25.14 |
| 2004 | 79.04 |
| 2003 | 277.67 |
| 2002 | 2714.18 |
| 2001 | 0.00 |