Shoals Technologies SHLS
NASDAQ SHLS
$7.06 -0.36 (-4.85%)
As of: Sep 9, 2026 · 3:59 PM EDT

Shoals Technologies (SHLS) Price to Book (2021 - 2026)

Shoals Technologies' (SHLS) quarterly Price to Book came in at 2.7 in Q2 2026, up 118.37% on a YoY basis from 1.24 in Q2 2025, and up 47.11% quarter-over-quarter from 1.83 in Q1 2026.

Analysis

Shoals Technologies (SHLS) Price to Book (2021 - 2026) Analysis & Trends

Shoals Technologies (SHLS) has reported Price to Book for 6 consecutive years, with 2.7 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Book rose 118.37% year-over-year to 2.7; the trailing twelve-month figure through Jun 2026 stood at 2.7 (up 118.37% YoY), and the FY2025 full-year result was 2.37, up 43.24% from the prior year.
  • Price to Book improved to 2.7 in Q2 2026 per SHLS's latest filing, from 1.83 in the prior quarter.
  • Across five years, Price to Book topped out at 326.48 in Q2 2022 and bottomed at 1967.05 in Q1 2022.
  • Historically, Price to Book has averaged 78.95 across 5 years, with a median of 2.54 in 2025.
  • The widest YoY moves for Price to Book: up 291.66% in 2022, down 1354.88% in 2022.
  • Over 5 years, Price to Book stood at 13.88 in 2022, then tumbled by 65.05% to 4.85 in 2023, then slumped by 65.86% to 1.66 in 2024, then soared by 43.24% to 2.37 in 2025, then increased by 13.78% to 2.7 in 2026.
  • According to Business Quant data, Price to Book over the past three periods registered 2.7, 1.83, and 2.37 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn
Historic Data

Historic Data

Download Data
DateValue
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 1.66
Sep 30, 2024 1.72
Jun 30, 2024 1.93
Mar 31, 2024 3.44
Dec 31, 2023 4.85
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
Mar 31, 2022 -1,967.05
Dec 31, 2021 -540.72
Sep 30, 2021 -418.05