Enphase Energy
ENPH
#1069
Rank
$17.10 B
Marketcap
$125.69
Share price
-2.85%
Change (1 day)
-23.92%
Change (1 year)
Enphase Energy is an Aerican energy technology company that designs and manufactures software-driven home energy solutions that span solar generation, home energy storage and web-based monitoring and control.

P/E ratio for Enphase Energy (ENPH)

P/E ratio as of May 2024 (TTM): 30.0

According to Enphase Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.9976. At the end of 2022 the company had a P/E ratio of 90.1.

P/E ratio history for Enphase Energy from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202290.1-46.8%
20211692.33%
2020166736.24%
201919.8-150.22%
2018-39.4799.55%
2017-4.38498.7%
2016-0.7319-89.78%
2015-7.16-90.48%
2014-75.2635.5%
2013-10.21768.66%
2012-0.5472

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-4.98-116.61%๐Ÿ‡บ๐Ÿ‡ธ USA
62.7 108.87%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3-15.81%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
-0.0009-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.