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In the current market session, Enphase Energy Inc. (NASDAQ:ENPH) price is at $59.01, after a 0.61% increase. However, over the past month, the stock fell by 11.28%, and in the past year, by 54.71%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.
Comparing Enphase Energy P/E Against Its Peers
The P/E ratio is used by long-term shareholders to assess the company’s …