ENPH Enphase Energy PE ratio, current and historical analysis
As at Nov 21, 2024, the ENPH stock has a PE ratio of 138.2. This is based on the current EPS of $0.46 and the stock price of $63.57 per share. An increase of 23% has been seen in the P/E ratio compared to the average of 112.6 of the last 4 quarters.
ENPH PE ratio history
The mean historical PE ratio of Enphase Energy over the last six years is 102.04. The current 138.2 PE ratio is 35% above the historical average. Over the past six years, ENPH's PE ratio was at its highest in the Sep 2024 quarter at 245.7, with a price of $113.02 and an EPS of $0.46. The Mar 2020 quarter recorded the bottom point at 17.08, with a price of $32.29 and an EPS of $1.89.
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
The current PE ratio of ENPH is greater than its 3, 5 and 10-year historical averages.
ENPH PE vs peers
Compared to its peer stocks FSLR and CRUS, ENPH's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ASTI Ascent Solar Technologies Inc | 0 | $3.29M |
| FSLR First Solar Inc | 15.6 | $19.48B |
| CRUS Cirrus Logic Inc | 16.76 | $5.45B |
| ENPH Enphase Energy Inc | 138.2 | $8.59B |
| CEVA Ceva Inc | N/A | $677.38M |
Frequently asked questions
What is Enphase Energy's PE ratio?
The price to earnings ratio for ENPH stock as of Nov 21, 2024, stands at 138.2.
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 104.27.
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 100.21.
What is the highest PE ratio for ENPH?
The highest quarterly PE ratio in the last six years has been 245.7 and it was in the Sep 2024 quarter.
How does the current PE ratio for ENPH compare to its historical average?
ENPH's current price to earnings ratio is 35% above its 6-year historical average.
Why is Enphase Energy's PE ratio so high?
ENPH's PE ratio of 138.2 is considered high because the company's stock price is trading at a higher multiple of earnings.
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 (Nov 21, 2024), Enphase Energy's stock price is $63.57. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.46. Therefore, Enphase Energy's P/E ratio for today is 138.2. PE RATIO(138.2) = STOCK PRICE($63.57) / TTM EPS($0.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.