As at Apr 2, 2025, the SHLS stock has a price-to-earnings ratio of 23.29. This is based on the current EPS of $0.14 and the stock price of $3.26 per share. A decrease of 47% has been recorded in the PE ratio compared to the average of 43.6 of the last four quarters.
The mean historical PE ratio of Shoals Technologies Group over the last four years is 95.96. The current 23.29 P/E ratio is 76% lower than the historical average. In the past four years, SHLS's PE ratio peaked in the Jun 2022 quarter at 274.67, with a price of $16.48 and an EPS of $0.06. The Sep 2023 quarter marked the lowest point at 16.15, with a price of $18.25 and an EPS of $1.13.
Maximum annual increase: 191.27% in 2023
Maximum annual decrease: -39% in 2024
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 39.5 | -39% | $5.53 | $0.14 |
2023 | 64.75 | 191.27% | $15.54 | $0.24 |
2022 | 22.23 | N/A | $24.67 | $1.11 |
2021 | N/A | N/A | $24.3 | $0 |
2020 | N/A | N/A | N/A | $0.21 |
2019 | N/A | N/A | N/A | $0.16 |
2018 | N/A | N/A | N/A | $0.05 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Dec 2024 | 39.5 | 40.82% | $5.53 | $0.14 |
Sep 2024 | 28.05 | -37.07% | $5.61 | $0.2 |
Jun 2024 | 44.57 | -28.24% | $6.24 | $0.14 |
Mar 2024 | 62.11 | -4.08% | $11.18 | $0.18 |
Dec 2023 | 64.75 | 300.93% | $15.54 | $0.24 |
Sep 2023 | 16.15 | -20.4% | $18.25 | $1.13 |
Jun 2023 | 20.29 | 5.95% | $25.56 | $1.26 |
Mar 2023 | 19.15 | -13.86% | $22.79 | $1.19 |
Dec 2022 | 22.23 | -88.65% | $24.67 | $1.11 |
Sep 2022 | 195.91 | -28.67% | $21.55 | $0.11 |
Jun 2022 | 274.67 | 12.83% | $16.48 | $0.06 |
Mar 2022 | 243.43 | N/A | $17.04 | $0.07 |
Dec 2021 | N/A | N/A | $24.3 | $0 |
Sep 2021 | N/A | N/A | $27.88 | -$0.11 |
Jun 2021 | 161.36 | 6.71% | $35.5 | N/A |
SHLS's current P/E ratio is lower than the 3-year average.
In comparison to its peer stock ROK, SHLS's PE ratio is lower.
Stock name | PE ratio | Market cap |
---|---|---|
SHLS Shoals Technologies Group Inc | 21.79 | $509.33M |
ROK Rockwell Automation Inc | 29.63 | $27.04B |
SHLS's price to earnings ratio is 23.29 as of Apr 2, 2025.
As an average over the last 3 years, SHLS stock has a PE ratio of 71.58.
In the last four years, the Jun 2022 quarter recorded the highest quarterly PE ratio at 274.67.
SHLS's current price to earnings ratio is 76% below its 4-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 2, 2025), Shoals Technologies Group's stock price is $3.26. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.14. Therefore, Shoals Technologies Group's PE ratio for today is 23.29. PE RATIO(23.29) = STOCK PRICE($3.26) / TTM EPS($0.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.