Array Technologies

Array Technologies P/B

The P/B (Price-to-Book Ratio) of Array Technologies (ARRY) as of Oct 22, 2026 is 4.09. In the previous year, P/B (Price-to-Book Ratio) was 3.69 — a change of 10.92% (higher).

P/B

4.09

YoY

10.92%

Last updated:

P/B (Price-to-Book Ratio) of Array Technologies is 2025 4.09 . P/B (Price-to-Book Ratio) of Array Technologies was 2024 3.69 . It decreases by 10.92% higher compared to the previous year.

The Array Technologies P/B history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/B
Date
P/B
Jan 1, 2018
4.03 USD
Jan 1, 2019
3.49 USD
Jan 1, 2020
-13.17 USD
Jan 1, 2021
6.33 USD
Jan 1, 2022
2.51 USD
Jan 1, 2023
1.75 USD
Jan 1, 2024
3.69 USD
Jan 1, 2025
4.09 USD
The Array Technologies P/B history
YEARP/BYoY
4.09+10.92%
3.69+111.37%
1.75-30.57%
2.51-60.30%
6.33-148.08%
-13.17-477.20%
3.49-13.33%
4.03-95.57%
90.85-423.46%
-28.09-212.45%
24.98-160.30%
-41.42—

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Array Technologies Stock analysis

What does Array Technologies do? Array Technologies, Inc. generates revenue by manufacturing ground-mounting systems for solar energy projects, primarily targeting utility-scale installations. The company's core products include Tracker Systems, DuraTrack HZ v3, Array STI H250, Array OmniTrack, and SmarTrack Software, which feature patented designs such as a single motor driving multiple panel rows and a single bolt per module mounting system. These products are sold to engineering, procurement, and construction firms, large solar developers, independent power producers, and utilities. The company operates through two segments: Array Legacy Operations and STI Operations, focusing on integrated solar tracking systems composed of steel supports, electric motors, gearboxes, and electronic controllers. Array Legacy Operations and STI Operations represent the company's primary business segments, each contributing to the sale of solar tracking systems. The DuraTrack HZ v3, a single-axis tracker, is a key product highlighting the company's innovation with its patented single bolt mounting system. Customers include engineering, procurement, and construction firms, as well as large solar developers and utilities, who purchase these systems for utility-scale solar projects. The company's focus on integrated solar tracking systems ensures a steady demand from clients building large solar energy installations. The company's revenue model relies on the sale of its portfolio of solar tracking systems, which are essential for optimizing solar panel efficiency in utility-scale projects. Products like Array STI H250 and Array OmniTrack cater to different project requirements, while SmarTrack Software provides additional value through monitoring and control capabilities. These offerings are marketed to engineering, procurement, and construction firms, large solar developers, independent power producers, and utilities, all seeking reliable and efficient solar tracking solutions for their projects. Array Technologies is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Array Technologies stock

P/B (Price-to-Book Ratio) of Array Technologies is 4.09 in 2025.

P/B (Price-to-Book Ratio) of Array Technologies changed from 3.69 to 4.09, representing a 10.92% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) Array Technologies since 2006 – with annual values, charts, and detailed analysis.

The Price-to-Book ratio compares a company's market price to its book value. A low P/B may indicate an undervalued stock, while a high P/B could suggest overvaluation or strong growth expectations.

P/B = Stock Price / Book Value per Share

To evaluate P/B (Price-to-Book Ratio)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for P/B (Price-to-Book Ratio).

A 'good' varies by industry and company stage. On Eulerpool, you can compare P/B (Price-to-Book Ratio)'s Array Technologies with sector peers and the industry average to assess whether it is attractive.

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Valuation — Array Technologies

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