P/E Ratio
Updated 33h ago
Sector Performance
85th percentileENPH
47.1x
Sector Median
24.7x
Sector Avg
36.0x
Deep Analysis
The current P/E ratio of 47.1x means the stock price is 47.1 times the company’s earnings per share, indicating investors are paying a high premium for each dollar of profit.
This figure sits well above the sector median of 24.8x and places ENPH in the 85th percentile among sector peers, meaning it is more expensive than about 85% of comparable companies. The year-over-year change is not available, but the quarter-over-quarter change shows a +1.5% increase from 46.4x to 47.1x, based on the two most recent quarterly values. A high P/E level combined with a slight upward trend suggests elevated valuation risk, as the stock already trades at a premium and is becoming even more expensive relative to earnings. This combination supports the overall CAUTIOUS verdict, as the rich valuation offers limited margin for error and increases downside vulnerability if earnings disappoint.
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: VICI (9.1x), OMF (9.0x), JACK (8.5x), GIS (8.4x), FIS (8.4x).
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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47.1x
Sector Median
24.7x
Sector Avg
36.0x
How ENPH's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.