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ENPH Enphase Energy PE ratio, current and historical analysis

As at Jun 20, 2024, the ENPH stock has a PE ratio of 53.48. This is based on the current EPS of $2.03 and the stock price of $108.57 per share. An increase of 27% has been seen in the P/E ratio compared to the average of 42.3 of the last 4 quarters.

ENPH PE ratio history

How has ENPH's PE ratio performed in the past

The mean historical PE ratio of Enphase Energy over the last five years is 94.77. The current 53.48 PE ratio is 44% 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.

Average
94.77
Median
74.86
Minimum
17.08
Maximum
216.21

Enphase Energy PE ratio by year

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

ENPH average PE ratio chart

What is the average PE ratio of ENPH for the past years

The current PE ratio of ENPH is below the 3, 5 and 10-year averages.

3-year avg
95.75
5-year avg
94.77
10-year avg
94.77
15-year avg
N/A

ENPH PE vs peers

What is ENPH's PE ratio compared to its peers

Compared to its peer stock FSLR, ENPH's PE ratio stands higher.

Stock name PE ratio Market cap
FSLR First Solar Inc 27.12 $27.84B
ENPH Enphase Energy Inc 53.48 $14.77B
ASTI Ascent Solar Technologies Inc N/A $3.32M
SPWR Sunpower Corp N/A $476.98M

Frequently asked questions

What is Enphase Energy's PE ratio?

The price to earnings ratio for ENPH stock as of Jun 20, 2024, stands at 53.48.

What is the 3-year average PE ratio for Enphase Energy (ENPH)?

Over the last 3 years, the average price to earnings ratio for ENPH stock is 95.75.

What is the 5-year average PE ratio for Enphase Energy (ENPH)?

Over the last 5 years, the average price to earnings ratio for ENPH stock is 94.77.

What is the highest PE ratio for ENPH?

The highest quarterly PE ratio in the last five years has been 216.21 and it was in the Mar 2021 quarter.

How does the current PE ratio for ENPH compare to its historical average?

ENPH's current price to earnings ratio is 44% below its 5-year historical average.

How is ENPH's PE ratio calculated (Enphase Energy PE ratio formula)?

The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 20, 2024), Enphase Energy's stock price is $108.57. 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 53.48. PE RATIO(53.48) = STOCK PRICE($108.57) / TTM EPS($2.03)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.