SHLS Shoals Technologies Group PE ratio, current and historical analysis
As at Dec 20, 2024, the SHLS stock has a price-to-earnings ratio of 25.6. This is based on the current EPS of $0.2 and the stock price of $5.12 per share. A decrease of 49% has been recorded in the PE ratio compared to the average of 49.9 of the last four quarters.
SHLS PE ratio history
The mean historical PE ratio of Shoals Technologies Group over the last four years is 100.3. The current 25.6 P/E ratio is 74% 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.
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
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 lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SHLS Shoals Technologies Group Inc | 25.6 | $853.5M |
| ROK Rockwell Automation Inc | 34.83 | $32.72B |
Frequently asked questions
What is Shoals Technologies Group's PE ratio?
SHLS's price to earnings ratio is 25.6 as of Dec 20, 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 90.12.
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 74% 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 (Dec 20, 2024), Shoals Technologies Group's stock price is $5.12. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.2. Therefore, Shoals Technologies Group's PE ratio for today is 25.6. PE RATIO(25.6) = STOCK PRICE($5.12) / TTM EPS($0.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.