As at May 2, 2024, the ENPH stock has a PE ratio of 52.25. This is based on the current EPS of $2.03 and the stock price of $106.06 per share. An increase of 24% has been seen in the P/E ratio compared to the average of 42.3 of the last 4 quarters.
The mean historical PE ratio of Enphase Energy over the last five years is 94.77. The current 52.25 PE ratio is 45% below the historical average. Over the past five years, ENPH's PE ratio was at its highest in the Mar 2021 quarter at 216.21, with a price of $162.16 and an EPS of $0.75. The Mar 2020 quarter recorded the bottom point at 17.08, with a price of $32.29 and an EPS of $1.89.
Maximum annual increase: 766.3% in 2020
Maximum annual decrease: -54.46% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 41.04 | -54.46% |
| 2022 | 90.12 | -46.3% |
| 2021 | 167.83 | 2.34% |
| 2020 | 163.99 | 766.3% |
| 2019 | 18.93 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
The current PE ratio of ENPH is below the 3, 5 and 10-year averages.
Compared to its peer stock FSLR, ENPH's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FSLR First Solar Inc | 19.98 | $20.51B |
| ENPH Enphase Energy Inc | 56.27 | $15.54B |
| ASTI Ascent Solar Technologies Inc | N/A | $393,801 |
| SPWR Sunpower Corp | N/A | $411.22M |
The price to earnings ratio for ENPH stock as of May 2, 2024, stands at 52.25.
Over the last 3 years, the average price to earnings ratio for ENPH stock is 95.75.
Over the last 5 years, the average price to earnings ratio for ENPH stock is 94.77.
The highest quarterly PE ratio in the last five years has been 216.21 and it was in the Mar 2021 quarter.
ENPH's current price to earnings ratio is 45% below its 5-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Enphase Energy's stock price is $106.06. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.03. Therefore, Enphase Energy's P/E ratio for today is 52.25. PE RATIO(52.25) = STOCK PRICE($106.06) / TTM EPS($2.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.