Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 19.62 as of 2026-10-06T20:32:57.470Z.
Consensus retrieved: 2026-10-06T16:20:16.190Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T20:32:57.470Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2869b7a6f88195e088b61788d60f1837f70460a7530e507b13529c271d1f570b
Forward PE Ratio (19.62) = Dated Quote Price ($8.49) / Consensus Forward EPS ($0.43)
FORWARD PE RATIO
19.62
SECTOR MEDIAN · ENERGY
12.47
median of 63 covered companies
CURRENT VS SECTOR MEDIAN
+57.34%
vs the sector median at left
Shoals Technologies Group, Inc.
Market Cap
$1.42B
Forward PE Ratio
19.62
Market Cap
$785.55M
Forward PE Ratio
N/A
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Shoals Technologies Group, Inc. (SHLS) | $1.42B | 19.62 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.40B | N/A |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 24.75 |
| HighPeak Energy, Inc. (HPK)vs › | $1.04B | N/A |
| Nextdecade Corp (NEXT)vs › | $1.82B | N/A |
| Sunrun Inc. (RUN)vs › | $1.85B | 6.38 |
| ProFrac Holding Corp. (ACDC)vs › | $881.99M | N/A |
| HMH Holding Inc. Class A Common Stock (HMH)vs › | $844.61M | 12.35 |
| New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock (NFEGP)vs › | $785.55M | N/A |
| Canadian Solar Inc. (CSIQ)vs › | $783.53M | N/A |
Trailing P/E
45.6
reported TTM EPS
Forward P/E
19.6
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $0.43 implies +126.3% EPS growth vs the reported trailing $0.19.
At the dated quote price of $8.49, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $0.43 | $0.35 – $0.52 | 10 | 19.6x |
| 2027-12-31 | $0.55 | $0.42 – $0.70 | 11 | 15.3x |
| 2028-12-31 | $0.65 | $0.53 – $0.75 | 8 | 13.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
