Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.19 as of 2026-09-12T00:15:29.934Z.
Consensus retrieved: 2026-09-11T01:18:29.055Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-12T00:15:29.934Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e4244054675b99b684e7ad72bcc3858181f21a0a1099bdab27c3ddf9ec3df44c
Forward PE Ratio (18.19) = Dated Quote Price ($36.35) / Consensus Forward EPS ($2.00)
FORWARD PE RATIO
18.19
SECTOR MEDIAN · ENERGY
13.78
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+32.00%
vs the sector median at left
Enphase Energy, Inc.
Market Cap
$4.80B
Forward PE Ratio
18.19
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Enphase Energy, Inc. (ENPH) | $4.80B | 18.19 |
| California Resources Corp (CRC)vs › | $5.04B | 13.78 |
| Oceaneering International, Inc. (OII)vs › | $5.08B | 24.92 |
| Helmerich & Payne, Inc. (HP)vs › | $4.40B | N/A |
| Weatherford International plc (WFRD)vs › | $6.37B | 17.75 |
| Centrus Energy Corp. (LEU)vs › | $2.89B | 60.04 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.11B | N/A |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.95B | 8.87 |
| Natural Resource Partners L.P. (NRP)vs › | $1.47B | 24.94 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.43B | N/A |
Trailing P/E
36.4
reported TTM EPS
Forward P/E
18.2
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.00 implies +100.0% EPS growth vs the reported trailing $1.00.
At the dated quote price of $36.35, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.00 | $1.62 – $2.65 | 15 | 18.2x |
| 2027-12-31 | $2.28 | $1.62 – $3.23 | 16 | 16.0x |
| 2028-12-31 | $2.71 | $1.60 – $5.12 | 12 | 13.4x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
