Enphase Energy (ENPH)

P/B ratio as of January 2026 : 4.75

According to Enphase Energy 's latest financial reports the company has a price-to-book ratio of 3.12618.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Enphase Energy - P/B ratio (from 2012 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	4.34	-62.9%
2024-12-31	11.7	-36.23%
2023-12-31	18.3	-57.95%
2022-12-31	43.6	-23.97%
2021-12-31	57.4	25.27%
2020-12-31	45.8	287.58%
2019-12-31	11.8	-81.85%
2018-12-31	65.1	-388.25%
2017-12-31	-22.6	-146.96%
2016-12-31	48.1	1139.59%
2015-12-31	3.88	-70.86%
2014-12-31	13.3	100.49%
2013-12-31	6.64	152.35%
2012-12-31	2.63
2011-12-31	N/A
2010-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
First Solar FSLR	2.81	-40.77%	🇺🇸 USA
Ascent Solar Technologies ASTI	9.30	95.64%	🇺🇸 USA
ABB ABBN.SW	9.37	97.14%	🇨🇭 Switzerland
SunPower SPWR	-1.59	-133.39%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Enphase Energy (ENPH) - P/B ratio