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, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
P/E ratio for Shoals Technologies Group, Inc. (SHLS)
P/E ratio as of 2023: 63.82
According to Shoals Technologies Group, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 63.82. At the end of 2022 the company had a P/E ratio of 22.13.
P/E ratio history for Shoals Technologies Group, Inc. from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 63.82 |
| 2022 | 22.13 |
| 2021 | 690.37 |
| 2020 | 147.05 |
| 2019 | 197.49 |
| 2018 | 574.25 |