Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
P/B ratio for Enphase Energy, Inc. (ENPH)
P/B ratio as of 2023: 18.32
According to Enphase Energy, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 18.32. At the end of 2022 the company had a P/B ratio of 43.44.
P/B ratio history for Enphase Energy, Inc. from 2009 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 18.32 |
| 2022 | 43.44 |
| 2021 | 57.00 |
| 2020 | 45.52 |
| 2019 | 11.20 |
| 2018 | 58.94 |
| 2017 | -21.90 |
| 2016 | 39.25 |
| 2015 | 3.78 |
| 2014 | 13.06 |
| 2013 | 6.57 |
| 2012 | 1.98 |
| 2011 | 8.71 |
| 2010 | 0.22 |
| 2009 | 0.61 |