SHLS Shoals Technologies Group PE ratio, current and historical analysis

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.

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 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.

Today
21.79
Average
95.96
Median
53.34
Minimum
16.15
Maximum
274.67

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
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 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
71.58
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 lower.

Stock name PE ratio Market cap
SHLS Shoals Technologies Group Inc 21.79 $509.33M
ROK Rockwell Automation Inc 29.63 $27.04B

Frequently asked questions

What is Shoals Technologies Group's PE ratio?

SHLS's price to earnings ratio is 23.29 as of Apr 2, 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 71.58.

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 76% 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 (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.