Shoals Technologies Group Inc Clas (SHLS) valuation
Shoals Technologies Group Inc Clas P/E ratio history
Shoals Technologies Group Inc Clas trades at 37.9 times its earnings over the last twelve months and 14.5 times the earnings analysts expect over the next twelve. At its last 4 fiscal year ends its P/E ranged from 29.0 (year to Dec 2022) to 64.8 (year to Dec 2023), with a median of 41.0.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $8.50 | $0.20 | 42.5 | 18.3 |
| Dec 31, 2024 | $5.53 | $0.14 | 39.5 | 13.5 |
| Dec 31, 2023 | $15.54 | $0.24 | 64.8 | 19.7 |
| Dec 31, 2022 | $24.67 | $0.85 | 29.0 | — |
| Dec 31, 2021 | $24.30 | $0.00 | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Shoals Technologies Group Inc Clas valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Shoals Technologies Group Inc ClasSHLS | $1.21B | 37.9 | 14.5 | 2.1 |
| SunrunRUN | $1.78B | 5.1 | 7.8 | 0.5 |
| Plug PowerPLUG | $1.90B | — | — | 2.6 |
| Array TechnologiesARRY | $521M | — | 4.0 | 0.4 |
| Enphase EnergyENPH | $3.39B | 38.3 | 17.2 | 2.8 |
| NextpowerNXT | $11.9B | 20.5 | 14.9 | 3.3 |
| First SolarFSLR | $18.7B | 10.1 | 8.0 | 3.7 |
| Bloom EnergyBE | $59.8B | 123.9 | 42.3 | 15.6 |
| Peer median | 20.5 | 11.5 | 2.8 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: SHLS financials · SHLS returns
No forecast, no recommendation. This page describes Shoals Technologies Group Inc Clas from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.