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Enphase EnergyXSWX:ENPH +0.22%76 PS Ratio is 4.38 as of Jul. 13, 2026, which is 33% below its 10-year median of 6.52. GuruFocus rates XSWX:ENPH with a GF Score™ of 76/100 and a GF Value™ of CHF50.37. The stock has 5 warning signs investors should review. Among 1,019 Semiconductors companies, Enphase Energy ranks better than 50.25% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Enphase Energy's share price is CHF36.365.
Enphase Energy's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was CHF8.30. Hence, Enphase Energy's PS Ratio for today is 4.38.
The historical rank and industry rank for Enphase Energy's PS Ratio or its related term are showing as below:
XSWX:ENPH'
s PS Ratio Range Over the Past 10 Years
Min: 0.13 Med: 6.52 Max: 38.23
Current: 4.31
During the past 13 years, Enphase Energy's highest PS Ratio was 38.23. The lowest was 0.13. And the median was 6.52.
XSWX:ENPH's PS Ratio is ranked better than 50.25% of 1019
companies
in the Semiconductors industry
Industry Median: 4.32
vs XSWX:ENPH: 4.31
Enphase Energy Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Enphase Energy was 3.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -12.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 10.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 11.20% per year.
During the past 13 years, Enphase Energy's highest 3-Year average Revenue per Share Growth Rate was 50.40% per year. The lowest was -53.20% per year. And the median was 1.85% per year.
Back to Basics: PS Ratio
Enphase Energy (XSWX:ENPH) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Enphase Energy PS Ratio Related Terms
Enphase Energy PS Ratio Historical Data
* Premium members only.
The historical data trend for Enphase Energy's PS 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.
For the Solar subindustry, Enphase Energy's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Enphase Energy's PS Ratio distribution charts can be found below:
* The bar in red indicates where Enphase Energy's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Enphase Energy's Share Price of today is CHF36.365. Enphase Energy's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF8.30.
* 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.
It can also be calculated from the numbers for the whole company:
Enphase Energy (XSWX:ENPH) has a PS Ratio of 4.38 as of Jul. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Enphase Energy and its competitors. This is 33% below median its historical median of 6.52. Over the past decade, Enphase Energy's PS Ratio has ranged from 0.13 to 38.23. According to the industry distribution chart, Enphase Energy ranks #507 out of 1019 companies in the Semiconductors industry, placing it in the top 49.8%.
Is Enphase Energy's PS Ratio too high?
Enphase Energy's current PS Ratio of 4.38 is 33% below median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 38.23. The Semiconductors industry median PS Ratio is 4.32. Enphase Energy's value of 4.38 is 1.4% above this industry median. Based on the distribution chart, Enphase Energy ranks #507 out of 1019 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Enphase Energy has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's PS Ratio compare to RUN and SEDG?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #507 out of 1019 companies for PS Ratio. This puts Enphase Energy in the upper half of its industry. The industry median PS Ratio is 4.32. Enphase Energy's value of 4.38 is 1.4% above this benchmark. Historically, Enphase Energy's own PS Ratio has ranged from 0.13 to 38.23 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 4.32, Enphase Energy has consistently been above 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 PS Ratio for a Semiconductors company?
The median PS Ratio among Semiconductors companies is 4.32, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current PS Ratio of 4.38 is 1.4% above 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Enphase Energy and its competitors. For the Semiconductors industry, the median PS Ratio is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current PS Ratio is 4.38, which is 33% below median its own 10-year median of 6.52. 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?
Enphase Energy (XSWX:ENPH) has a current PS Ratio of 4.38. The stock's GF Value™ is CHF50.37, compared to a current price of CHF36.37 — trading 27.8% below its estimated fair value. The current PS Ratio is 4.38, which is 33% below median its 10-year median of 6.52 and 1.4% above the Semiconductors industry median of 4.32. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Enphase Energy (XSWX:ENPH), the current PS Ratio is 4.38 as of Jul. 13, 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 (XSWX:ENPH) Overvalued in 2026?
Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued.
The current stock price of CHF36.37 is trading 27.8% below its estimated GF Value™ of CHF50.37.
Key valuation signals for XSWX:ENPH:
PS Ratio: 4.38 (33% below median its 10-year median of 6.52)
GF Value™: CHF50.37 vs. price of CHF36.37 (27.8% below fair value)
Industry Position: 1.4% above the Semiconductors median (#507 of 1019)
No single metric tells the full story. See the XSWX:ENPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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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