ENPH (Enphase Energy) PEG Ratio: 1.79 (As of Jun. 25, 2026) — 74% Above Median


ENPH Enphase Energy Inc ENPH
76 GF Score
Price $47.21
GF Value $62.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Enphase Energy PEG Ratio?

Enphase Energy ENPH -1.28% 76 PEG Ratio is 1.79 as of Jun. 25, 2026, which is 74% above its 10-year median of 1.03. GuruFocus rates ENPH with a GF Score™ of 76/100 and a GF Value™ of $62.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 329 Semiconductors companies, Enphase Energy ranks better than 69.3% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Enphase Energy's PE Ratio without NRI is 19.82. Enphase Energy's 5-Year EBITDA growth rate is 11.10%. Therefore, Enphase Energy's PEG Ratio for today is 1.79.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Enphase Energy's PEG Ratio or its related term are showing as below:

ENPH' s PEG Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.03   Max: 5.2
Current: 1.79


During the past 13 years, Enphase Energy's highest PEG Ratio was 5.20. The lowest was 0.13. And the median was 1.03.


ENPH's PEG Ratio is ranked better than
69.3% of 329 companies
in the Semiconductors industry
Industry Median: 3.74 vs ENPH: 1.79

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Enphase Energy  (NAS:ENPH) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Enphase Energy PEG Ratio Related Terms


Enphase Energy PEG Ratio Historical Data

* Premium members only.

The historical data trend for Enphase Energy's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enphase Energy PEG Ratio Chart

Enphase Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.33 1.04 0.99

Enphase Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.40 0.89 0.93 0.99 2.88

ENPH vs SEDG, RUN, SHLS: PEG Ratio Comparison

For the Solar subindustry, Enphase Energy's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enphase Energy PEG Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Enphase Energy's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Enphase Energy's PEG Ratio falls into.


ENPH
76GF Score
Enphase Energy Inc ENPH
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Enphase Energy PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Enphase Energy's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=19.819479429051/11.10
=1.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.79 mean?
Enphase Energy (ENPH) has a PEG Ratio of 1.79 as of Jun. 25, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Enphase Energy and its competitors. This is 74% above median its historical median of 1.03. Over the past decade, Enphase Energy's PEG Ratio has ranged from 0.13 to 5.20. According to the industry distribution chart, Enphase Energy ranks #101 out of 329 companies in the Semiconductors industry, placing it in the top 30.7%.
Is Enphase Energy's PEG Ratio too high?
Enphase Energy's current PEG Ratio of 1.79 is 74% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 5.20. The Semiconductors industry median PEG Ratio is 3.74. Enphase Energy's value of 1.79 is 52.1% below this industry median. Based on the distribution chart, Enphase Energy ranks #101 out of 329 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Enphase Energy has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's PEG Ratio compare to SEDG and RUN?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #101 out of 329 companies for PEG Ratio. This puts Enphase Energy in the upper half of its industry. The industry median PEG Ratio is 3.74. Enphase Energy's value of 1.79 is 52.1% below this benchmark. Historically, Enphase Energy's own PEG Ratio has ranged from 0.13 to 5.20 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 3.74, Enphase Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PEG Ratio for a Semiconductors company?
The median PEG Ratio among Semiconductors companies is 3.74, based on 329 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current PEG Ratio of 1.79 is 52.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Enphase Energy and its competitors. For the Semiconductors industry, the median PEG Ratio is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current PEG Ratio is 1.79, which is 74% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enphase Energy stock overvalued right now?
Based on GuruFocus' analysis, Enphase Energy (ENPH) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.55, compared to a current price of $47.21 — trading 24.5% below its estimated fair value. The current PEG Ratio is 1.79, which is 74% above median its 10-year median of 1.03 and 52.1% below the Semiconductors industry median of 3.74. Enphase Energy's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Enphase Energy (ENPH), the current PEG Ratio is 1.79 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enphase Energy (ENPH) Overvalued in 2026?

Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued. The current stock price of $47.21 is trading 24.5% below its estimated GF Value™ of $62.55. GuruFocus considers Enphase Energy to be Modestly Undervalued.

Key valuation signals for ENPH:

  • PEG Ratio: 1.79 (74% above median its 10-year median of 1.03)
  • GF Value™: $62.55 vs. price of $47.21 (24.5% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 52.1% below the Semiconductors median (#101 of 329)

No single metric tells the full story. See the ENPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enphase Energy Business Description

Address 47281 Bayside Parkway, Fremont, CA, USA, 94538
Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Enphase derives a majority of revenue from the United States.
76GF Score

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PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$47.21
Price
$62.55
GF Value