GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Enphase Energy Inc (FRA:E0P) » Definitions » Shiller PE Ratio

Enphase Energy (FRA:E0P) Shiller PE Ratio : 183.26 (As of Apr. 29, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Enphase Energy Shiller PE Ratio?

As of today (2024-04-29), Enphase Energy's current share price is €104.46. Enphase Energy's E10 for the quarter that ended in Mar. 2024 was €0.57. Enphase Energy's Shiller PE Ratio for today is 183.26.

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

FRA:E0P' s Shiller PE Ratio Range Over the Past 10 Years
Min: 132.17   Med: 341.8   Max: 3733.33
Current: 180.44

During the past years, Enphase Energy's highest Shiller PE Ratio was 3733.33. The lowest was 132.17. And the median was 341.80.

FRA:E0P's Shiller PE Ratio is ranked worse than
94.83% of 503 companies
in the Semiconductors industry
Industry Median: 28 vs FRA:E0P: 180.44

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Enphase Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was €-0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enphase Energy Shiller PE Ratio Historical Data

The historical data trend for Enphase Energy's Shiller PE 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.

* Premium members only.

Enphase Energy Shiller PE Ratio Chart

Enphase Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,226.11 215.62

Enphase Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 593.70 344.17 203.43 215.62 195.03

Competitive Comparison of Enphase Energy's Shiller PE Ratio

For the Solar subindustry, Enphase Energy's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Enphase Energy Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Enphase Energy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=104.46/0.57
=183.26

* 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's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Enphase Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.11/129.4194*129.4194
=-0.110

Current CPI (Mar. 2024) = 129.4194.

Enphase Energy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.052 100.560 -0.067
201409 0.016 100.428 0.021
201412 0.008 99.070 0.010
201503 -0.129 99.621 -0.168
201506 -0.009 100.684 -0.012
201509 0.009 100.392 0.012
201512 -0.321 99.792 -0.416
201603 -0.368 100.470 -0.474
201606 -0.320 101.688 -0.407
201609 -0.356 101.861 -0.452
201612 -0.199 101.863 -0.253
201703 -0.280 102.862 -0.352
201706 -0.125 103.349 -0.157
201709 -0.067 104.136 -0.083
201712 -0.025 104.011 -0.031
201803 -0.049 105.290 -0.060
201806 -0.034 106.317 -0.041
201809 -0.026 106.507 -0.032
201812 0.009 105.998 0.011
201903 0.018 107.251 0.022
201906 0.071 108.070 0.085
201909 0.209 108.329 0.250
201912 0.792 108.420 0.945
202003 0.452 108.902 0.537
202006 -0.337 108.767 -0.401
202009 0.238 109.815 0.280
202012 0.411 109.897 0.484
202103 0.185 111.754 0.214
202106 0.232 114.631 0.262
202109 0.128 115.734 0.143
202112 0.327 117.630 0.360
202203 0.336 121.301 0.358
202206 0.511 125.017 0.529
202209 0.808 125.227 0.835
202212 1.001 125.222 1.035
202303 0.953 127.348 0.969
202306 1.006 128.729 1.011
202309 0.750 129.860 0.747
202312 0.138 129.419 0.138
202403 -0.110 129.419 -0.110

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Enphase Energy  (FRA:E0P) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Enphase Energy Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Enphase Energy's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Enphase Energy (FRA:E0P) Business Description

Traded in Other Exchanges
Address
47281 Bayside Parkway, Fremont, CA, USA, 94538
Enphase Energy is a global energy technology company. The company 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. Geographically, it derives a majority of revenue from the United States.

Enphase Energy (FRA:E0P) Headlines

No Headlines