Array Technologies price to book ratio ARRY

Market value divided by the book value of the company's net assets, since 2020.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 12.4×; Feb 2025
6-year median: 14.5×
6-year range: 4.8× to 198×
Peer median: 3.2×

Array Technologies' price to book ratio is not a meaningful number today: shareholders' equity was zero, negative or not reported, so price to book does not exist.

It was last meaningful in Feb 2025, at 12.4×.

On the days it had one over the last 6 years, its median was 14.5×, from 4.8× in Sep 2024 to 198× in Jan 2022.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2025	12.4×	12.4×	17.3×
2024	14.2×	4.8×	16.1×
2023	9.1×	7.6×	57.1×
2022	47.1×	9.8×	198×
2021	11.5×	11.5×	17.2×
2020	14.5×	11.5×	15.9×

Against its peers

Companies in Semiconductors nearest Array Technologies' size, closest first, today.

Company	Price to book ratio
ARRYArray Technologies	n/m
KOPNKopin	9.1×
NVECNVE	6.1×
ERIIEnergy Recovery	2.0×
ASYSAmtech Systems	1.9×
SHLSShoals Technologies	2.1×
CRCTCricut	3.6×
PLABPhotronics	1.3×
VECOVeeco Instruments	2.8×
POWIPower Integrations	3.9×
SOTKSono TEK	3.9×
Peer median	3.2×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Array Technologies

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.