P/E ratio for Enphase Energy (ENPH)
P/E ratio as of March 2025 (TTM): 14.8
According to Enphase Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8067. 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 |
|---|---|---|
| 2022 | 90.1 | -46.8% |
| 2021 | 169 | 2.33% |
| 2020 | 166 | 736.24% |
| 2019 | 19.8 | -150.22% |
| 2018 | -39.4 | 799.55% |
| 2017 | -4.38 | 498.7% |
| 2016 | -0.7319 | -89.78% |
| 2015 | -7.16 | -90.48% |
| 2014 | -75.2 | 635.5% |
| 2013 | -10.2 | 1768.66% |
| 2012 | -0.5472 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 28.8 | 94.41% | 🇺🇸 USA |
 | -0.0097 | -100.07% | 🇺🇸 USA |
 | 24.9 | 68.26% | 🇨🇭 Switzerland |
 | -0.1981 | -101.34% | 🇺🇸 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.