ENPH P/E Ratio Analysis
Updated 441h ago·SEC filings & market data
Key Takeaway
The P/E ratio of 47.6x means investors pay $47.60 for every $1 of the company’s annual earnings per share — a high price relative to current profitability.
Sector Performance
86th percentileENPH
47.6x
Sector Median
23.1x
Sector Avg
33.7x
Prior Period
47.1x(Jul 2026)
Deep Analysis
The P/E ratio of 47.6x means investors pay $47.60 for every $1 of the company’s annual earnings per share — a high price relative to current profitability.
This sits far above the sector median of 23.3x, placing ENPH in the 86th percentile of peers, so most similar companies trade at lower multiples. The year-over-year change is not available, but the quarter-over-quarter change is +1.0%, from 47.1x to 47.6x, showing a slight rise. The combination of an already elevated valuation with a further uptick increases downside risk if earnings fail to grow quickly enough to justify the price. This metric supports the overall CAUTIOUS verdict, as the rich P/E leaves little room for error and makes the stock sensitive to earnings disappointments.
Frequently Asked Questions
What does the P/E Ratio tell investors about ENPH?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
Who are ENPH's closest peers by P/E Ratio?
The closest peers by P/E Ratio include: WELL (102.4x), IAC (104.9x), FORM (108.1x), MCHP (113.5x), MTSI (118.9x).
Learn More About P/E Ratio
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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47.6x
Sector Median
23.1x
Sector Avg
33.7x
How ENPH's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.