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SHLS Shoals Technologies Group PE ratio, current and historical analysis

As at May 22, 2024, the SHLS stock has a price-to-earnings ratio of 42.44. This is based on the current EPS of $0.18 and the stock price of $7.64 per share. An increase of 4% has been recorded in the PE ratio compared to the average of 40.8 of the last four quarters.

SHLS PE ratio history

How has SHLS's PE ratio performed in the past

The mean historical PE ratio of Shoals Technologies Group over the last four years is 111.93. The current 42.44 P/E ratio is 62% 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.

Average
111.93
Median
64.75
Minimum
16.15
Maximum
274.67

Shoals Technologies Group PE ratio by year

Maximum annual increase: 191.27% in 2023

Year PE ratio Change
2023 64.75 191.27%
2022 22.23 N/A
2021 N/A N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A

SHLS average PE ratio chart

What is the average PE ratio of SHLS for the past years

SHLS's current P/E ratio is lower than the 3-year average.

3-year avg
108.01
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

SHLS PE vs peers

What is SHLS's PE ratio compared to its peers

In comparison to its peer stock ROK, SHLS's PE ratio is higher.

Stock name PE ratio Market cap
ROK Rockwell Automation Inc 26.34 $30.87B
SHLS Shoals Technologies Group Inc 42.44 $1.3B

Frequently asked questions

What is Shoals Technologies Group's PE ratio?

SHLS's price to earnings ratio is 42.44 as of May 22, 2024.

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 108.01.

What is the highest PE ratio for SHLS?

In the last four 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 62% below its 4-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 22, 2024), Shoals Technologies Group's stock price is $7.64. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.18. Therefore, Shoals Technologies Group's PE ratio for today is 42.44. PE RATIO(42.44) = STOCK PRICE($7.64) / TTM EPS($0.18)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.