Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc.verified

SHLS

Price:

$6.73

Market Cap:

$1.15B

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group,...[Read more]

Industry

Solar

IPO Date

2021-01-28

Stock Exchange

NASDAQ

Ticker

SHLS

The PE Ratio as of July 2024 (TTM) for Shoals Technologies Group, Inc. (SHLS) is 39.59

According to Shoals Technologies Group, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 39.59. This represents a change of 32.20% compared to the average of 29.95 of the last 4 quarters.

Shoals Technologies Group, Inc. (SHLS) Historical PE Ratio (quarterly & annually)

How has SHLS PE Ratio performed in the past?

The mean historical PE Ratio of Shoals Technologies Group, Inc. over the last ten years is 282.52. The current 39.59 PE Ratio has changed 1.30% with respect to the historical average. Over the past ten years (40 quarters), SHLS's PE Ratio was at its highest in in the December 2020 quarter at 292.30. The PE Ratio was at its lowest in in the December 2021 quarter at -351.31.

Quarterly (TTM)
Annual

Average

282.52

Median

172.27

Minimum

22.13

Maximum

690.37

Shoals Technologies Group, Inc. (SHLS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Shoals Technologies Group, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 369.46%

Maximum Annual PE Ratio = 690.37

Minimum Annual Increase = -96.79%

Minimum Annual PE Ratio = 22.13

Quarterly (TTM)
Annual
YearPE RatioChange
202363.82188.33%
202222.13-96.79%
2021690.37369.46%
2020147.05-25.54%
2019197.49-65.61%

Shoals Technologies Group, Inc. (SHLS) Average PE Ratio

How has SHLS PE Ratio performed in the past?

The current PE Ratio of Shoals Technologies Group, Inc. (SHLS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

258.77

5-year avg

224.17

10-year avg

282.52

Shoals Technologies Group, Inc. (SHLS) PE Ratio vs. Peers

How is SHLS’s PE Ratio compared to its peers?

Shoals Technologies Group, Inc.’s PE Ratio is greater than Array Technologies, Inc. (14.99), greater than Sunnova Energy International Inc. (-2.43), greater than Fluence Energy, Inc. (-45.11), greater than Qualtrics International Inc. (-14.53), greater than Playtika Holding Corp. (13.86),

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