Enphase Energy (ENPH) Price to Book (2012 - 2026)
Enphase Energy (ENPH) posted Price to Book of 5.51 for Q2 2026, up 21.79% on a QoQ basis from 4.52 in Q1 2026, and down 6.48% year-over-year from 5.89 in Q2 2025.
Analysis
Enphase Energy (ENPH) Price to Book (2012 - 2026) Analysis & Trends
Enphase Energy has reported Price to Book for 15 years, with the latest figure at 5.51 in Q2 2026.
- On a quarterly basis, Price to Book fell 6.48% year-over-year to 5.51 in Q2 2026; TTM through Jun 2026 was 5.51, a 6.48% decrease from a year earlier, with the FY2025 full-year figure at 3.86, down 64.61% from the prior year.
- Price to Book was 5.51 for Q2 2026 at Enphase Energy, up from 4.52 in the prior quarter.
- The five-year high for Price to Book was 82.28 in Q1 2022, with the low at 3.86 in Q4 2025.
- Average Price to Book over 5 years is 23.83, with a median of 16.28 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Price to Book soared 174.03% in 2022, then plunged 73.84% in 2023.
- Over 5 years, Price to Book stood at 43.79 in 2022, then slumped by 58.36% to 18.23 in 2023, then sank by 40.11% to 10.92 in 2024, then plunged by 64.61% to 3.86 in 2025, then jumped by 42.44% to 5.51 in 2026.
- The last three Price to Book figures came in at 5.51 (Q2 2026), 4.52 (Q1 2026), and 3.86 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.51 |
| Mar 31, 2026 | 4.52 |
| Dec 31, 2025 | 3.86 |
| Sep 30, 2025 | 4.65 |
| Jun 30, 2025 | 5.89 |
| Mar 31, 2025 | 10.04 |
| Dec 31, 2024 | 10.92 |
| Sep 30, 2024 | 16.39 |
| Jun 30, 2024 | 15.26 |
| Mar 31, 2024 | 17.83 |
| Dec 31, 2023 | 18.23 |
| Sep 30, 2023 | 16.16 |
| Jun 30, 2023 | 23.42 |
| Mar 31, 2023 | 29.70 |
| Dec 31, 2022 | 43.79 |
| Sep 30, 2022 | 61.79 |
| Jun 30, 2022 | 58.63 |
| Mar 31, 2022 | 82.28 |
| Dec 31, 2021 | 56.94 |
| Sep 30, 2021 | 31.22 |