Enphase Energy ENPH
NASDAQ ENPH
$36.72 -2.11 (-5.43%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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