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Array Technologies, Inc. (ARRY)
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Array Technologies, Inc. (ARRY) PB Ratio: 4.57

Is Array Technologies, Inc.’s P/B ratio high or low?

Array Technologies, Inc.'s P/B ratio of 4.57 is in line with its 5-year average of 4.80, near the low end of its 5-year range (1.50–14.63).

20.01% above its 12-month average of 3.81.

ARRY PB Ratio Chart

ARRY PB Ratio
4.57+28.37% 1Y
Zoom

ARRY Average PB Ratio Chart

ARRY Current vs Average PB Ratio Chart

ARRY PB Ratio Metrics

PB RATIO

4.57

PB RATIO AVG TTM

3.81

PB RATIO AVG 3Y

3.48

PB RATIO AVG 5Y

4.72

PB RATIO AVG 10Y

N/A

PB RATIO AVG 15Y

N/A

PB RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+20.01%

CURRENT VS 3Y AVG

+31.39%

CURRENT VS 5Y AVG

-3.17%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

ARRY Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Array Technologies, Inc. (ARRY)$1.23B4.573.813.484.72
Emeren Group, Ltd. (SOL)vs ›$995.64M0.320.290.441.16
enCore Energy Corp. (EU)vs ›$320.48M1.241.831.812.94
Helmerich & Payne, Inc. (HP)vs ›$3.49B1.381.061.171.28
California Resources Corporation (CRC)vs ›$4.91B1.681.381.511.87
Weatherford International plc (WFRD)vs ›$6.59B3.763.635.835.49
Enphase Energy, Inc. (ENPH)vs ›$6.89B6.235.3111.7329.36
Antero Midstream Corporation (AM)vs ›$10.31B5.364.623.713.10
Coterra Energy Inc. (CTRA)vs ›$24.72B1.641.411.491.87
Venture Global, Inc. (VG)vs ›$26.91B3.284.826.146.14

P/B vs. its own history

At 4.57, P/B is in its normal range, sitting higher than 54% of its 6-year history.

6-year low

1.50

median

4.37

6-year high

17.18

cheaperricher

Book Value Analysis

P/B Ratio

4.57

Market Price / Book Value per Share

Array Technologies, Inc. PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Array Technologies, Inc. PB Ratio FAQ

What is the P/B ratio for Array Technologies, Inc. (ARRY)?
The P/B ratio for ARRY stock is 4.57.
Is Array Technologies, Inc.'s P/B ratio high or low?
Array Technologies, Inc.'s P/B ratio of 4.57 is in line with its 5-year average of 4.80, near the low end of its 5-year range (1.50–14.63).
What is the TTM average P/B ratio for Array Technologies, Inc. (ARRY)?
The TTM average P/B ratio for ARRY stock is 3.81.
What is the 3Y average P/B ratio for Array Technologies, Inc. (ARRY)?
The 3Y average P/B ratio for ARRY stock is 3.48.
What is the 5Y average P/B ratio for Array Technologies, Inc. (ARRY)?
The 5Y average P/B ratio for ARRY stock is 4.72.

Array Technologies, Inc. PB Ratio History

DATEPB RATIO
2026-06-184.57
2026-06-174.37
2026-06-164.49
2026-06-154.61
2026-06-124.44
2026-06-114.25
2026-06-103.91
2026-06-094.23
2026-06-084.48
2026-06-054.62
2026-06-045.19
2026-06-035.00
2026-06-025.26
2026-06-015.04
2026-05-295.18
2026-05-285.29
2026-05-275.16
2026-05-264.81
2026-05-224.84
2026-05-214.68
2026-05-204.72
2026-05-194.60
2026-05-184.82
2026-05-155.12
2026-05-144.92
2026-05-135.02
2026-05-124.66
2026-05-114.98
2026-05-084.89
2026-05-074.68
2026-05-064.64
2026-05-054.80
2026-05-044.49
2026-05-014.60
2026-04-304.54
2026-04-294.39
2026-04-284.65
2026-04-274.68
2026-04-244.76
2026-04-234.76
2026-04-224.74
2026-04-214.44
2026-04-204.49
2026-04-174.59
2026-04-164.47
2026-04-154.48
2026-04-144.39
2026-04-134.11
2026-04-104.20
2026-04-094.23
2026-04-084.28
2026-04-074.01
2026-04-064.09
2026-04-024.31
2026-04-014.43
2026-03-314.24
2026-03-304.04
2026-03-274.30
2026-03-264.27
2026-03-254.53
2026-03-244.25
2026-03-233.96
2026-03-203.93
2026-03-194.09
2026-03-184.02
2026-03-174.10
2026-03-163.91
2026-03-134.07
2026-03-123.99
2026-03-114.13
2026-03-104.15
2026-03-093.95
2026-03-063.99
2026-03-054.19
2026-03-044.29
2026-03-034.40
2026-03-024.44
2026-02-274.45
2026-02-264.27
2026-02-256.45
2026-02-244.09
2026-02-234.07
2026-02-204.28
2026-02-194.16
2026-02-184.46
2026-02-174.30
2026-02-134.25
2026-02-124.07
2026-02-114.23
2026-02-104.42
2026-02-094.54
2026-02-064.52
2026-02-054.24
2026-02-044.56
2026-02-034.32
2026-02-024.24
2026-01-304.32
2026-01-294.46
2026-01-284.44
2026-01-274.35
2026-01-264.25
2026-01-234.01
2026-01-224.11
2026-01-213.89
2026-01-203.75
2026-01-163.66
2026-01-153.77
2026-01-143.55
2026-01-133.81
2026-01-123.81
2026-01-093.43
2026-01-083.37
2026-01-073.45
2026-01-063.62
2026-01-053.44
2026-01-023.69
2025-12-313.51
2025-12-303.58
2025-12-293.79
2025-12-263.90
2025-12-243.88
2025-12-233.80
2025-12-223.83
2025-12-193.61
2025-12-183.41
2025-12-173.19
2025-12-163.24
2025-12-153.23
2025-12-123.24
2025-12-113.49
2025-12-103.36
2025-12-093.12
2025-12-083.05
2025-12-053.02
2025-12-043.12
2025-12-032.97
2025-12-022.84
2025-12-012.84
2025-11-282.86
2025-11-262.85
2025-11-252.84
2025-11-242.69
2025-11-212.71
2025-11-202.54
2025-11-192.72
2025-11-182.78
2025-11-172.89
2025-11-143.12
2025-11-132.89
2025-11-123.20
2025-11-113.51
2025-11-103.49
2025-11-073.25
2025-11-063.19
2025-11-053.17
2025-11-043.24
2025-11-033.52
2025-10-313.63
2025-10-303.52
2025-10-293.74
2025-10-283.68
2025-10-273.80
2025-10-243.75
2025-10-233.75
2025-10-223.75
2025-10-213.79
2025-10-203.77
2025-10-173.67
2025-10-163.67
2025-10-154.31
2025-10-143.80
2025-10-133.68
2025-10-103.66
2025-10-093.81
2025-10-083.55
2025-10-073.65
2025-10-063.74
2025-10-033.80
2025-10-023.67
2025-10-013.82
2025-09-303.42
2025-09-293.38
2025-09-263.46
2025-09-253.42
2025-09-243.34
2025-09-233.21
2025-09-223.44
2025-09-193.38
2025-09-183.37
2025-09-173.28
2025-09-163.24
2025-09-153.27
2025-09-123.21
2025-09-113.29
2025-09-103.43
2025-09-093.32
2025-09-083.67
2025-09-053.76
2025-09-043.81
2025-09-033.62
2025-09-023.83
2025-08-293.78
2025-08-283.82
2025-08-273.78
2025-08-264.01
2025-08-253.91
2025-08-223.80
2025-08-213.52
2025-08-203.74
2025-08-193.73
2025-08-183.53
2025-08-153.19
2025-08-142.55
2025-08-132.51
2025-08-122.35
2025-08-112.30
2025-08-082.30
2025-08-072.45
2025-08-062.71
2025-08-052.79
2025-08-042.83
2025-08-012.86
2025-07-313.07
2025-07-303.13
2025-07-293.28
2025-07-283.33
2025-07-253.26
2025-07-243.15
2025-07-233.28
2025-07-223.33
2025-07-213.22
2025-07-183.35
2025-07-173.25
2025-07-163.32
2025-07-153.50
2025-07-143.50
2025-07-113.53
2025-07-103.61
2025-07-093.64
2025-07-083.47
2025-07-073.72
2025-07-033.68
2025-07-023.29
2025-07-013.13
2025-06-302.79
2025-06-273.04
2025-06-263.07
2025-06-252.95
2025-06-243.01
2025-06-233.49
2025-06-203.49
2025-06-183.56
2025-06-173.51
2025-06-163.76
2025-06-133.76
2025-06-123.51
2025-06-113.67
2025-06-103.64
2025-06-093.54
2025-06-063.54

Showing the most recent 260 of 1,251 data points. The chart above shows the full history.

About Array Technologies, Inc.

Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.

Albuquerque, NM
1,021 employees
Energy / Solar
Sector
Energy
Industry
Solar
CEO
Kevin G. Hostetler