SHLS Shoals Technologies Group PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: SHLS
- PE Ratio
As at May 19, 2025, the SHLS stock has a price-to-earnings ratio of 42.91. This is based on the current EPS of $0.11 and the stock price of $4.72 per share. An increase of 21% has been recorded in the PE ratio compared to the average of 35.6 of the last four quarters.
SHLS PE ratio history
The mean historical PE ratio of Shoals Technologies Group over the last five years is 91.57. The current 42.91 P/E ratio is 53% lower than the historical average. In the past five 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.
Shoals Technologies Group PE ratio by year
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 |
Shoals Technologies Group PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 30.18 | -23.59% | $3.32 | $0.11 |
| 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 |
SHLS Price vs fair value
SHLS average PE ratio chart
SHLS's current P/E ratio is lower than the 3-year average.
SHLS PE vs peers
In comparison to its peer stock ROK, SHLS's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ROK Rockwell Automation Inc | 38.66 | $34.73B |
| SHLS Shoals Technologies Group Inc | 43.5 | $799.93M |
Frequently asked questions
What is Shoals Technologies Group's PE ratio?
SHLS's price to earnings ratio is 42.91 as of May 19, 2025.
What is the 3-year average PE ratio for Shoals Technologies Group (SHLS)?
As an average over the last 3 years, SHLS stock has a PE ratio of 68.13.
What is the highest PE ratio for SHLS?
In the last five years, the Jun 2022 quarter recorded the highest quarterly PE ratio at 274.67.
How does the current PE ratio for SHLS compare to its historical average?
SHLS's current price to earnings ratio is 53% below its 5-year historical average.
How is SHLS's PE ratio calculated (Shoals Technologies Group PE ratio formula)?
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 (May 19, 2025), Shoals Technologies Group's stock price is $4.72. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.11. Therefore, Shoals Technologies Group's PE ratio for today is 42.91. PE RATIO(42.91) = STOCK PRICE($4.72) / TTM EPS($0.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.