Shoals Technologies Group, Inc. (SHLS) P/E Ratio History
UndervaluedTrading at 45.3x vs 5Y avg 103.0x · 65th percentile · Below historical baseline · Data 2021–2026
Loading P/E history...
P/E Ratio Analysis
As of November 8, 2026, Shoals Technologies Group, Inc. (SHLS) trades at a price-to-earnings ratio of 45.3x, with a stock price of $10.08 and trailing twelve-month earnings per share of $0.22.
The current P/E is 56% below its 5-year average of 103.0x. Over the past five years, SHLS's P/E has ranged from a low of 21.5x to a high of 785.4x, placing the current valuation at the 65th percentile of its historical range.
Compared to the Energy sector median P/E of 12.6x, SHLS trades at a 259% premium to its sector peers. The sector includes 159 companies with P/E ratios ranging from 0.1x to 148.1x.
Relative to the broader market, SHLS commands a significant premium over the S&P 500 median P/E of 21.8x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our SHLS DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
SHLS Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
SHLS P/E vs Peers
Solar Equipment and Installers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $10B | 35.0 | - | -50% | |
| $4B | 7.0Lowest | - | -718% | |
| $4B | 42.4 | 6.72 | +72% | |
| $22B | 11.6 | 0.38Best | +18% | |
| $2B | 18.3 | - | +113%Best | |
| $181B | 15.7 | 0.90 | -2% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
SHLS Historical P/E Data (2021–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q3 | Sep 30 2026 | $8.10 | $0.23 | 35.8x | -71% |
| FY2026 Q2 | - | $9.90 | $0.19 | 53.2x | -57% |
| FY2026 Q1 | - | $6.58 | $0.20 | 33.1x | -73% |
| FY2025 Q4 | Dec 31 2025 | $8.50 | $0.20 | 42.7x | -65% |
| FY2025 Q3 | - | $7.41 | $0.20 | 37.4x | -70% |
| FY2025 Q2 | Jun 30 2025 | $4.25 | $0.15 | 29.0x | -76% |
| FY2025 Q1 | Mar 31 2025 | $3.32 | $0.13 | 24.9x | -80% |
| FY2024 Q4 | - | $5.53 | $0.17 | 33.5x | -73% |
| FY2024 Q3 | Sep 30 2024 | $5.61 | $0.22 | 25.7x | -79% |
| FY2024 Q2 | Jun 30 2024 | $6.24 | $0.14 | 44.1x | -64% |
| FY2024 Q1 | Mar 31 2024 | $11.18 | $0.18 | 61.4x | -50% |
| FY2023 Q4 | Dec 31 2023 | $15.54 | $0.25 | 62.3x | -49% |
| FY2023 Q3 | Sep 30 2023 | $18.25 | $0.85 | 21.5x | -83% |
| FY2023 Q2 | Jun 30 2023 | $25.56 | $0.98 | 26.2x | -79% |
| FY2023 Q1 | Mar 31 2023 | $22.79 | $0.91 | 25.1x | -80% |
| FY2022 Q4 | Dec 31 2022 | $24.67 | $0.83 | 29.7x | -76% |
| FY2022 Q3 | Sep 30 2022 | $21.55 | $0.11 | 191.2x | +55% |
| FY2022 Q2 | - | $16.48 | $0.06 | 262.8x | +114% |
| FY2022 Q1 | - | $17.04 | $0.07 | 234.4x | +90% |
| FY2021 Q3 | - | $27.88 | $0.04 | 785.4x | +538% |
| FY2021 Q2 | Jun 30 2021 | $35.50 | $0.11 | 336.5x | +173% |
| FY2021 Q1 | Mar 31 2021 | $34.78 | $0.11 | 312.5x | +154% |
Average P/E for displayed period: 123.1x
SHLS Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SHLS — Frequently Asked Questions
Quick answers to the most common questions about buying SHLS stock.
What is SHLS's P/E ratio?
Shoals Technologies Group, Inc. (SHLS) trailing twelve-month P/E ratio is 45.3x, based on TTM diluted EPS of $0.22. The 5-year average P/E is 103.0x and the historical range spans 21.5x to 785.4x.
Is SHLS stock overvalued or undervalued?
SHLS trades at 45.3x P/E, below its 5-year average of 103.0x. At the 65th percentile of its historical range (21.5x–785.4x), the stock is priced at a discount to its own history.
Is SHLS stock expensive?
No, SHLS is not expensive on a historical basis. The current P/E of 45.3x is below the 5-year average of 103.0x and sits at the 65th percentile of its valuation range.
What is SHLS's historical P/E range?
Over the past 5 years, SHLS's P/E ratio has ranged from 21.5x to 785.4x, with a median of 37.4x and an average of 103.0x. The current P/E of 45.3x places the stock at the 65th percentile of this range. Full historical data spans 2021–2026.
How does SHLS's P/E compare to the S&P 500?
SHLS trades at 45.3x P/E versus the S&P 500 median of 21.8x. The 108% premium to the market typically reflects higher expected earnings growth or quality.
How does SHLS's valuation compare to Energy peers?
Shoals Technologies Group, Inc. P/E of 45.3x compares to the Energy sector median of 12.6x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is SHLS's PEG ratio?
SHLS PEG ratio is N/A, based on a P/E of 45.3x and EPS growth of 42.9%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is SHLS's earnings yield?
SHLS earnings yield is 2.21%, the inverse of its 45.3x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.