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Enphase Energy, Inc. (ENPH)
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Enphase Energy, Inc. (ENPH) PB Ratio: 6.50

Is Enphase Energy, Inc.’s P/B ratio high or low?

Enphase Energy, Inc.'s P/B ratio of 6.50 is 78% below its 5-year average of 29.44, near the low end of its 5-year range (3.49–102.18).

23.74% above its 12-month average of 5.25.

ENPH PB Ratio Chart

ENPH PB Ratio
6.50-13.45% 1Y
Zoom

ENPH Average PB Ratio Chart

ENPH Current vs Average PB Ratio Chart

ENPH PB Ratio Metrics

PB RATIO

6.50

PB RATIO AVG TTM

5.25

PB RATIO AVG 3Y

11.86

PB RATIO AVG 5Y

26.86

PB RATIO AVG 10Y

27.90

PB RATIO AVG 15Y

19.73

PB RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+23.74%

CURRENT VS 3Y AVG

-45.21%

CURRENT VS 5Y AVG

-75.80%

CURRENT VS 10Y AVG

-76.70%

CURRENT VS 15Y AVG

-67.06%

CURRENT VS 20Y AVG

N/A

ENPH Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Enphase Energy, Inc. (ENPH)$7.19B6.505.2511.8626.86
Weatherford International plc (WFRD)vs ›$7.29B4.163.615.855.49
California Resources Corporation (CRC)vs ›$5.20B1.781.371.511.87
Antero Midstream Corporation (AM)vs ›$10.29B5.354.613.693.09
Helmerich & Payne, Inc. (HP)vs ›$3.92B1.551.041.171.28
Emeren Group, Ltd. (SOL)vs ›$995.64M0.320.290.441.16
enCore Energy Corp. (EU)vs ›$264.16M1.021.831.812.96
Venture Global, Inc. (VG)vs ›$31.94B3.894.926.176.17
EQT Corporation (EQT)vs ›$32.49B1.291.521.321.31
Occidental Petroleum Corporation (OXY)vs ›$56.24B1.451.331.601.79

P/B vs. its own history

At 6.50, P/B is cheaper than usual, sitting higher than 25% of its 14-year history.

14-year low

1.30

median

14.68

14-year high

232.01

cheaperricher

Book Value Analysis

P/B Ratio

6.50

Market Price / Book Value per Share

Enphase Energy, 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

Enphase Energy, Inc. PB Ratio FAQ

What is the P/B ratio for Enphase Energy, Inc. (ENPH)?
The P/B ratio for ENPH stock is 6.50.
Is Enphase Energy, Inc.'s P/B ratio high or low?
Enphase Energy, Inc.'s P/B ratio of 6.50 is 78% below its 5-year average of 29.44, near the low end of its 5-year range (3.49–102.18).
What is the TTM average P/B ratio for Enphase Energy, Inc. (ENPH)?
The TTM average P/B ratio for ENPH stock is 5.25.
What is the 3Y average P/B ratio for Enphase Energy, Inc. (ENPH)?
The 3Y average P/B ratio for ENPH stock is 11.86.
What is the 5Y average P/B ratio for Enphase Energy, Inc. (ENPH)?
The 5Y average P/B ratio for ENPH stock is 26.86.
What is the 10Y average P/B ratio for Enphase Energy, Inc. (ENPH)?
The 10Y average P/B ratio for ENPH stock is 27.90.
What is the 15Y average P/B ratio for Enphase Energy, Inc. (ENPH)?
The 15Y average P/B ratio for ENPH stock is 19.73.

Enphase Energy, Inc. PB Ratio History

DATEPB RATIO
2026-06-126.50
2026-06-116.54
2026-06-106.03
2026-06-096.38
2026-06-086.78
2026-06-056.68
2026-06-048.15
2026-06-038.22
2026-06-028.62
2026-06-017.59
2026-05-298.14
2026-05-288.28
2026-05-278.37
2026-05-267.97
2026-05-227.63
2026-05-217.43
2026-05-206.33
2026-05-195.57
2026-05-185.92
2026-05-156.30
2026-05-145.72
2026-05-135.00
2026-05-124.47
2026-05-114.49
2026-05-084.34
2026-05-074.23
2026-05-064.27
2026-05-054.29
2026-05-043.88
2026-05-014.03
2026-04-303.93
2026-04-293.72
2026-04-284.09
2026-04-274.33
2026-04-244.39
2026-04-234.44
2026-04-224.34
2026-04-214.13
2026-04-204.16
2026-04-173.99
2026-04-163.92
2026-04-153.95
2026-04-143.93
2026-04-133.85
2026-04-103.83
2026-04-093.84
2026-04-084.00
2026-04-073.93
2026-04-064.13
2026-04-024.29
2026-04-014.70
2026-03-314.64
2026-03-304.38
2026-03-274.65
2026-03-264.93
2026-03-255.22
2026-03-245.03
2026-03-235.00
2026-03-205.42
2026-03-195.48
2026-03-185.31
2026-03-175.49
2026-03-165.63
2026-03-135.41
2026-03-125.23
2026-03-115.32
2026-03-105.35
2026-03-095.02
2026-03-064.94
2026-03-055.05
2026-03-045.24
2026-03-035.30
2026-03-025.49
2026-02-275.19
2026-02-265.62
2026-02-255.95
2026-02-246.11
2026-02-235.82
2026-02-205.72
2026-02-195.43
2026-02-185.65
2026-02-175.60
2026-02-135.34
2026-02-125.90
2026-02-116.45
2026-02-106.72
2026-02-096.72
2026-02-066.66
2026-02-056.32
2026-02-046.91
2026-02-034.98
2026-02-024.87
2026-01-304.94
2026-01-295.11
2026-01-285.41
2026-01-275.34
2026-01-265.27
2026-01-235.27
2026-01-225.41
2026-01-214.81
2026-01-204.61
2026-01-164.68
2026-01-154.73
2026-01-144.83
2026-01-134.86
2026-01-124.90
2026-01-094.71
2026-01-084.74
2026-01-074.64
2026-01-064.64
2026-01-054.54
2026-01-024.51
2025-12-314.28
2025-12-304.30
2025-12-294.43
2025-12-264.41
2025-12-244.39
2025-12-234.31
2025-12-224.48
2025-12-194.44
2025-12-184.41
2025-12-174.23
2025-12-164.26
2025-12-154.19
2025-12-124.30
2025-12-114.41
2025-12-104.38
2025-12-094.22
2025-12-084.18
2025-12-054.18
2025-12-044.11
2025-12-033.93
2025-12-023.89
2025-12-013.82
2025-11-283.86
2025-11-263.72
2025-11-253.70
2025-11-243.58
2025-11-213.60
2025-11-203.49
2025-11-193.59
2025-11-183.69
2025-11-173.68
2025-11-143.83
2025-11-133.86
2025-11-124.10
2025-11-114.12
2025-11-104.39
2025-11-074.04
2025-11-064.17
2025-11-054.30
2025-11-043.88
2025-11-033.94
2025-10-314.08
2025-10-304.03
2025-10-294.16
2025-10-284.91
2025-10-275.65
2025-10-245.56
2025-10-235.47
2025-10-225.54
2025-10-215.70
2025-10-205.77
2025-10-175.61
2025-10-165.77
2025-10-155.76
2025-10-145.60
2025-10-135.35
2025-10-105.26
2025-10-095.64
2025-10-085.53
2025-10-075.57
2025-10-065.71
2025-10-035.65
2025-10-025.79
2025-10-015.68
2025-09-305.43
2025-09-295.54
2025-09-265.60
2025-09-255.69
2025-09-245.83
2025-09-235.74
2025-09-226.22
2025-09-195.90
2025-09-185.90
2025-09-175.95
2025-09-165.99
2025-09-155.83
2025-09-125.78
2025-09-115.73
2025-09-105.70
2025-09-095.83
2025-09-085.96
2025-09-056.09
2025-09-045.61
2025-09-035.69
2025-09-025.68
2025-08-295.79
2025-08-285.77
2025-08-275.77
2025-08-265.83
2025-08-255.87
2025-08-225.86
2025-08-215.31
2025-08-205.48
2025-08-195.56
2025-08-185.49
2025-08-155.35
2025-08-144.95
2025-08-135.25
2025-08-125.15
2025-08-115.00
2025-08-084.98
2025-08-074.88
2025-08-064.62
2025-08-054.90
2025-08-044.87
2025-08-014.83
2025-07-314.97
2025-07-305.13
2025-07-295.14
2025-07-285.37
2025-07-255.44
2025-07-245.45
2025-07-235.60
2025-07-226.53
2025-07-216.66
2025-07-186.65
2025-07-176.51
2025-07-166.56
2025-07-156.76
2025-07-147.05
2025-07-117.03
2025-07-107.22
2025-07-097.20
2025-07-086.88
2025-07-077.13
2025-07-037.15
2025-07-026.88
2025-07-016.87
2025-06-306.66
2025-06-276.87
2025-06-267.22
2025-06-256.40
2025-06-246.45
2025-06-235.81
2025-06-206.02
2025-06-186.11
2025-06-175.87
2025-06-167.72
2025-06-137.66
2025-06-127.51
2025-06-117.61
2025-06-107.57
2025-06-097.27
2025-06-066.92
2025-06-056.94
2025-06-047.25
2025-06-037.35
2025-06-026.94

Showing the most recent 260 of 3,257 data points. The chart above shows the full history.

About Enphase Energy, Inc.

Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.

Fremont, CA
2,781 employees
Energy / Solar
Sector
Energy
Industry
Solar
CEO
Badrinarayanan Kothandaraman