Shoals Technologies (SHLS) Price to Book (2022 - 2026)
Shoals Technologies' (SHLS) Price to Book came in at 2.14 for Q3 2026, up 1.7% from 2.10 a year earlier but down 20.8% from the prior quarter.
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Analysis
Shoals Technologies (SHLS) Price to Book (2022 - 2026) Analysis & Trends
For FY2025, Shoals Technologies' Price to Book stood at 2.37, up 41.5% from FY2024.
- In prior years, Shoals Technologies' Price to Book was 1.67 in FY2024 (-64.2%), 4.68 in FY2023 (-66.3%) and 13.88 in FY2022.
- Quarterly Price to Book has run from a low of 0.99 in Q1 2025 to a high of 326.48 in Q2 2022 over five years.
- On a year-over-year basis, Price to Book has increased in each of the last five quarters, with growth averaging 12.2% over the last eight quarters.
- The strongest year-over-year quarter for Price to Book in the past five years was Q2 2026, with growth of 118.4%; the weakest was Q2 2023, with a decline of 97.5%.
- According to Business Quant data, Price to Book for the three prior quarters was 2.70 (Q2 2026), 1.83 (Q1 2026) and 2.37 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn |
| 10 | Shoals Technologies | 1.40 Bn | 1.36 Bn | 62.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.14 |
| Jun 30, 2026 | 2.70 |
| Mar 31, 2026 | 1.83 |
| Dec 31, 2025 | 2.37 |
| Sep 30, 2025 | 2.10 |
| Jun 30, 2025 | 1.24 |
| Mar 31, 2025 | 0.99 |
| Dec 31, 2024 | 1.67 |
| Sep 30, 2024 | 1.72 |
| Jun 30, 2024 | 1.93 |
| Mar 31, 2024 | 3.44 |
| Dec 31, 2023 | 4.68 |
| Sep 30, 2023 | 5.92 |
| Jun 30, 2023 | 8.20 |
| Mar 31, 2023 | 7.65 |
| Dec 31, 2022 | 13.88 |
| Sep 30, 2022 | 159.06 |
| Jun 30, 2022 | 326.48 |
API Access
Shoals Technologies Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=SHLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "SHLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=SHLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();