FTC Solar (FTCI) Price to Book (2021 - 2025)
FTC Solar's Price to Book was 7.45 in Q2 2025, up 635.3% from 1.01 a year earlier and up 208.5% from the prior quarter.
Powered by 
Analysis
FTC Solar (FTCI) Price to Book (2021 - 2025) Analysis & Trends
For FY2024, Price to Book at FTC Solar came in at 3.72, up 167.4% from FY2023.
- In earlier years, Price to Book was 1.39 in FY2023 (-67.1%), 4.24 in FY2022 (-13.6%) and 4.90 in FY2021.
- The Q2 2025 figure marks the highest quarterly Price to Book in data going back to Q2 2021.
- Compared with a year earlier, Price to Book has increased for four straight quarters, with growth averaging 84.6% over the last eight quarters.
- The best year-over-year quarter for Price to Book over five years was Q2 2025 (growth of 635.3%); the worst was Q2 2024 (a decline of 78.8%).
- Per Business Quant data, FTCI's Price to Book in the three quarters before Q2 2025 was 2.42 (Q1 2025), 3.72 (Q4 2024) and 2.86 (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn |
| 10 | FTC Solar | 35.05 Mn | -27.14 Mn | -2.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 7.45 |
| Mar 31, 2025 | 2.42 |
| Dec 31, 2024 | 3.72 |
| Sep 30, 2024 | 2.86 |
| Jun 30, 2024 | 1.01 |
| Mar 31, 2024 | 1.23 |
| Dec 31, 2023 | 1.39 |
| Sep 30, 2023 | 2.16 |
| Jun 30, 2023 | 4.79 |
| Mar 31, 2023 | 3.64 |
| Dec 31, 2022 | 4.24 |
| Sep 30, 2022 | 3.74 |
| Jun 30, 2022 | 3.68 |
| Mar 31, 2022 | 4.09 |
| Dec 31, 2021 | 4.90 |
| Sep 30, 2021 | 4.05 |
| Jun 30, 2021 | 6.21 |
API Access
FTC Solar Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();