First Book Value Per Share from 2010 to 2024

FSLR Stock

USD 182.26 11.57 5.97%

First Solar Book Value Per Share yearly trend continues to be relatively stable with very little volatility. Book Value Per Share is likely to grow to 65.75 this year. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of First Solar according to its financial statements. View All Fundamentals

Book Value Per Share

First Reported

2010-12-31

Previous Quarter

62.61968257

Current Value

65.75

Quarterly Volatility

8.29329267

Credit Downgrade

Yuan Drop

Covid

Check First Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Solar's main balance sheet or income statement drivers, such as Interest Expense of 9.9 M, Gross Profit of 1.4 B or Other Operating Expenses of 2 B, as well as many indicators such as Price To Sales Ratio of 5.27, Dividend Yield of 0.0 or PTB Ratio of 4.35. First financial statements analysis is a perfect complement when working with First Solar Valuation or Volatility modules.

Check out the analysis of First Solar Correlation against competitors.

To learn how to invest in First Stock, please use our How to Invest in First Solar guide.

Latest First Solar's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of First Solar over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. First Solar's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Solar's overall financial position and show how it may be relating to other accounts over time.

View

Last Reported 70.93 X

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Book Value Per Share

Timeline

First Book Value Per Share Regression Statistics

	Arithmetic Mean	50.55
	Geometric Mean	49.86
	Coefficient Of Variation	16.41
	Mean Deviation	5.77
	Median	50.25
	Standard Deviation	8.29
	Sample Variance	68.78
	Range	33.9801
	R-Value	0.87
	Mean Square Error	18.61
	R-Squared	0.75
	Significance	0.000031
	Slope	1.60
	Total Sum of Squares	962.90

First Book Value Per Share History

	2024	65.75
	2023	62.62
	2022	54.77
	2021	56.08
	2020	52.15
	2019	48.4
	2018	49.76

Other Fundumenentals of First Solar

Tangible Book Value Per Share

First Solar Book Value Per Share component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Net Receivables	Total Liab	Total Current Assets	Retained Earnings	Accounts Payable	Short Term Investments	Long Term Debt	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	-0.6	0.39	0.6	0.95	0.74	0.61	0.42	0.39	0.15	0.38	-0.85	0.56	-0.09	0.3	0.86	0.11	0.84	0.44	-0.43	0.07	0.42	-0.16	0.35
Total Stockholder Equity	0.96		-0.69	0.22	0.44	0.92	0.78	0.52	0.53	0.24	0.01	0.44	-0.83	0.51	-0.18	0.22	0.93	-0.03	0.9	0.49	-0.32	-0.06	0.37	-0.27	0.25
Net Debt	-0.6	-0.69		-0.08	-0.33	-0.68	-0.68	-0.12	-0.48	0.14	-0.04	-0.47	0.52	-0.38	0.32	0.08	-0.76	0.34	-0.83	-0.6	0.11	-0.01	-0.35	0.09	-0.29
Net Receivables	0.39	0.22	-0.08		0.91	0.33	0.58	0.28	-0.35	0.56	0.79	0.08	-0.42	0.65	0.06	0.34	0.28	0.42	0.27	0.26	-0.48	0.56	0.66	0.25	0.76
Total Liab	0.6	0.44	-0.33	0.91		0.55	0.72	0.48	-0.08	0.49	0.73	0.18	-0.62	0.78	0.03	0.35	0.46	0.33	0.48	0.41	-0.6	0.61	0.64	0.11	0.71
Total Current Assets	0.95	0.92	-0.68	0.33	0.55		0.66	0.53	0.54	0.36	0.08	0.5	-0.85	0.4	-0.11	0.16	0.8	0.09	0.83	0.38	-0.34	-0.04	0.28	-0.04	0.25
Retained Earnings	0.74	0.78	-0.68	0.58	0.72	0.66		0.37	0.24	0.16	0.4	0.34	-0.69	0.84	-0.27	0.32	0.89	-0.04	0.85	0.68	-0.41	0.36	0.73	-0.2	0.65
Accounts Payable	0.61	0.52	-0.12	0.28	0.48	0.53	0.37		0.37	0.25	0.11	0.15	-0.64	0.33	0.36	-0.12	0.36	0.19	0.3	-0.02	-0.34	0.17	0.02	-0.04	-0.03
Short Term Investments	0.42	0.53	-0.48	-0.35	-0.08	0.54	0.24	0.37		-0.04	-0.59	0.28	-0.38	0.01	-0.33	-0.15	0.46	-0.03	0.52	0.34	-0.03	-0.38	-0.24	-0.32	-0.34
Long Term Debt	0.39	0.24	0.14	0.56	0.49	0.36	0.16	0.25	-0.04		0.15	-0.05	-0.47	0.25	-0.02	0.34	0.07	0.92	0.06	0.19	-0.36	-0.08	0.12	0.06	0.18
Short Term Debt	0.15	0.01	-0.04	0.79	0.73	0.08	0.4	0.11	-0.59	0.15		0.19	-0.17	0.49	0.34	0.24	0.11	0.0	0.13	0.04	-0.24	0.77	0.6	0.37	0.77
Intangible Assets	0.38	0.44	-0.47	0.08	0.18	0.5	0.34	0.15	0.28	-0.05	0.19		-0.51	-0.04	0.41	0.01	0.35	-0.19	0.47	-0.07	0.23	-0.08	-0.1	0.21	0.0
Common Stock	-0.85	-0.83	0.52	-0.42	-0.62	-0.85	-0.69	-0.64	-0.38	-0.47	-0.17	-0.51		-0.46	-0.05	-0.12	-0.65	-0.31	-0.66	-0.31	0.42	0.04	-0.16	0.16	-0.12
Property Plant Equipment	0.56	0.51	-0.38	0.65	0.78	0.4	0.84	0.33	0.01	0.25	0.49	-0.04	-0.46		-0.3	0.55	0.67	0.13	0.6	0.75	-0.7	0.59	0.84	-0.3	0.74
Good Will	-0.09	-0.18	0.32	0.06	0.03	-0.11	-0.27	0.36	-0.33	-0.02	0.34	0.41	-0.05	-0.3		-0.17	-0.36	-0.03	-0.35	-0.7	0.29	0.18	-0.31	0.51	-0.17
Current Deferred Revenue	0.3	0.22	0.08	0.34	0.35	0.16	0.32	-0.12	-0.15	0.34	0.24	0.01	-0.12	0.55	-0.17		0.29	0.24	0.24	0.36	-0.34	0.38	0.52	-0.18	0.5
Net Tangible Assets	0.86	0.93	-0.76	0.28	0.46	0.8	0.89	0.36	0.46	0.07	0.11	0.35	-0.65	0.67	-0.36	0.29		-0.19	0.97	0.67	-0.32	0.11	0.61	-0.3	0.48
Long Term Debt Total	0.11	-0.03	0.34	0.42	0.33	0.09	-0.04	0.19	-0.03	0.92	0.0	-0.19	-0.31	0.13	-0.03	0.24	-0.19		-0.21	0.09	-0.33	-0.14	-0.1	-0.02	-0.06
Capital Surpluse	0.84	0.9	-0.83	0.27	0.48	0.83	0.85	0.3	0.52	0.06	0.13	0.47	-0.66	0.6	-0.35	0.24	0.97	-0.21		0.69	-0.32	0.06	0.54	-0.28	0.45
Deferred Long Term Liab	0.44	0.49	-0.6	0.26	0.41	0.38	0.68	-0.02	0.34	0.19	0.04	-0.07	-0.31	0.75	-0.7	0.36	0.67	0.09	0.69		-0.54	0.11	0.62	-0.51	0.5
Long Term Investments	-0.43	-0.32	0.11	-0.48	-0.6	-0.34	-0.41	-0.34	-0.03	-0.36	-0.24	0.23	0.42	-0.7	0.29	-0.34	-0.32	-0.33	-0.32	-0.54		-0.21	-0.45	0.46	-0.34
Short Long Term Debt	0.07	-0.06	-0.01	0.56	0.61	-0.04	0.36	0.17	-0.38	-0.08	0.77	-0.08	0.04	0.59	0.18	0.38	0.11	-0.14	0.06	0.11	-0.21		0.63	0.31	0.73
Net Invested Capital	0.42	0.37	-0.35	0.66	0.64	0.28	0.73	0.02	-0.24	0.12	0.6	-0.1	-0.16	0.84	-0.31	0.52	0.61	-0.1	0.54	0.62	-0.45	0.63		0.0	0.95
Net Working Capital	-0.16	-0.27	0.09	0.25	0.11	-0.04	-0.2	-0.04	-0.32	0.06	0.37	0.21	0.16	-0.3	0.51	-0.18	-0.3	-0.02	-0.28	-0.51	0.46	0.31	0.0		0.2
Capital Stock	0.35	0.25	-0.29	0.76	0.71	0.25	0.65	-0.03	-0.34	0.18	0.77	0.0	-0.12	0.74	-0.17	0.5	0.48	-0.06	0.45	0.5	-0.34	0.73	0.95	0.2

Click cells to compare fundamentals

About First Solar Financial Statements

First Solar shareholders use historical fundamental indicators, such as Book Value Per Share, to determine how well the company is positioned to perform in the future. Although First Solar investors may analyze each financial statement separately, they are all interrelated. The changes in First Solar's assets and liabilities, for example, are also reflected in the revenues and expenses on on First Solar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Book Value Per Share	62.62	65.75
Tangible Book Value Per Share	61.74	64.82

Pair Trading with First Solar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Solar will appreciate offsetting losses from the drop in the long position's value.

Moving against First Stock

0.74	PANW	Palo Alto Networks Earnings Call Tomorrow	Pair Corr
0.68	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.61	SSNLF	Samsung Electronics	Pair Corr
0.6	NET	Cloudflare	Pair Corr
0.59	MRVL	Marvell Technology Aggressive Push	Pair Corr

The ability to find closely correlated positions to First Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Solar to buy it.

The correlation of First Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for First Stock Analysis

When running First Solar's price analysis, check to measure First Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC