Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 45.62 is 51% below its 5-year average of 92.54, near the low end of its 5-year range (14.79–1029.58).
As of 2026-10-06T20:38:12.255Z. 3.51% above its 12-month average of 44.07.
Calculation as of: 2026-10-06T20:38:12.255Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 2869b7a6f88195e088b61788d60f1837f70460a7530e507b13529c271d1f570b
PE Ratio (45.62) = Close Price ($8.49) / Diluted TTM EPS ($0.19)
PE RATIO
45.62
PE RATIO AVG TTM
44.07
PE RATIO AVG 3Y
35.93
PE RATIO AVG 5Y
92.54
PE RATIO AVG 10Y
N/A
PE RATIO AVG 15Y
N/A
PE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+3.51%
CURRENT VS 3Y AVG
+26.97%
CURRENT VS 5Y AVG
-50.70%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
14.06
median of 65 covered companies
CURRENT VS SECTOR MEDIAN
+224.47%
vs the sector median at left
Shoals Technologies Group, Inc.
Market Cap
$1.42B
PE Ratio
45.62
TTM Avg
44.07
3Y Avg
35.93
5Y Avg
92.54
Market Cap
$1.46B
PE Ratio
14.06
TTM Avg
11.51
3Y Avg
10.35
5Y Avg
8.59
Market Cap
$844.61M
PE Ratio
21.52
TTM Avg
21.72
3Y Avg
21.72
5Y Avg
21.72
Market Cap
$785.55M
PE Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shoals Technologies Group, Inc. (SHLS) | $1.42B | 45.62 | 44.07 | 35.93 | 92.54 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.40B | 16.09 | 19.17 | 14.56 | 13.14 |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 14.06 | 11.51 | 10.35 | 8.59 |
| HighPeak Energy, Inc. (HPK)vs › | $1.04B | N/A | 18.94 | 13.08 | 28.03 |
| Nextdecade Corp (NEXT)vs › | $1.82B | N/A | N/A | N/A | N/A |
| Sunrun Inc. (RUN)vs › | $1.85B | N/A | 6.64 | 6.64 | 6.64 |
| ProFrac Holding Corp. (ACDC)vs › | $881.99M | N/A | 3.33 | 3.33 | 3.33 |
| HMH Holding Inc. Class A Common Stock (HMH)vs › | $844.61M | 21.52 | 21.72 | 21.72 | 21.72 |
| New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock (NFEGP)vs › | $785.55M | N/A | N/A | N/A | N/A |
| Canadian Solar Inc. (CSIQ)vs › | $783.53M | N/A | 258.22 | 93.91 | 65.44 |
At 45.6, P/E is near its 6-year median — higher than 53% of readings in its 6-year history.
6-year low
14.8
median
43.7
6-year high
1029.6
Trailing P/E
45.6
Forward P/E
19.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$8.49
Forward EPS (Est.)
$0.43
Forward P/E
19.62
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-10-05 | 43.79 |
| 2026-10-02 | 44.60 |
| 2026-10-01 | 43.69 |
| 2026-09-30 | 43.52 |
| 2026-09-29 | 41.75 |
| 2026-09-28 | 39.87 |
| 2026-09-25 | 40.14 |
| 2026-09-24 | 40.03 |
| 2026-09-23 | 41.43 |
| 2026-09-22 | 43.79 |
| 2026-09-21 | 42.13 |
| 2026-09-18 | 40.84 |
| 2026-09-17 | 41.11 |
| 2026-09-16 | 36.65 |
| 2026-09-15 | 37.94 |
| 2026-09-14 | 37.88 |
| 2026-09-11 | 39.23 |
| 2026-09-10 | 38.21 |
| 2026-09-09 | 37.94 |
| 2026-09-08 | 39.87 |
| 2026-09-04 | 38.31 |
| 2026-09-03 | 37.78 |
| 2026-09-02 | 36.11 |
| 2026-09-01 | 36.00 |
| 2026-08-31 | 37.18 |
| 2026-08-28 | 38.37 |
| 2026-08-27 | 39.87 |
| 2026-08-26 | 39.28 |
| 2026-08-25 | 37.02 |
| 2026-08-24 | 36.54 |
| 2026-08-21 | 38.15 |
| 2026-08-20 | 39.66 |
| 2026-08-19 | 42.72 |
| 2026-08-18 | 41.27 |
| 2026-08-17 | 44.22 |
| 2026-08-14 | 45.41 |
| 2026-08-13 | 43.74 |
| 2026-08-12 | 44.81 |
| 2026-08-11 | 46.91 |
| 2026-08-10 | 46.00 |
| 2026-08-07 | 47.98 |
| 2026-08-06 | 46.21 |
| 2026-08-05 | 46.64 |
| 2026-08-04 | 46.38 |
| 2026-08-03 | 47.13 |
| 2026-07-31 | 43.96 |
| 2026-07-30 | 44.77 |
| 2026-07-29 | 39.94 |
| 2026-07-28 | 42.96 |
| 2026-07-27 | 47.23 |
| 2026-07-24 | 47.23 |
| 2026-07-23 | 49.75 |
| 2026-07-22 | 52.46 |
| 2026-07-21 | 52.21 |
| 2026-07-20 | 48.39 |
| 2026-07-17 | 51.81 |
| 2026-07-16 | 53.02 |
| 2026-07-15 | 57.85 |
| 2026-07-14 | 54.12 |
| 2026-07-13 | 47.28 |
| 2026-07-10 | 50.40 |
| 2026-07-09 | 50.70 |
| 2026-07-08 | 49.20 |
| 2026-07-07 | 50.50 |
| 2026-07-06 | 53.22 |
| 2026-07-02 | 50.05 |
| 2026-07-01 | 50.91 |
| 2026-06-30 | 49.80 |
| 2026-06-29 | 46.73 |
| 2026-06-26 | 45.27 |
| 2026-06-25 | 49.60 |
| 2026-06-24 | 51.31 |
| 2026-06-23 | 51.71 |
| 2026-06-22 | 55.03 |
| 2026-06-18 | 52.41 |
| 2026-06-17 | 47.48 |
| 2026-06-16 | 50.10 |
| 2026-06-15 | 51.81 |
| 2026-06-12 | 52.46 |
| 2026-06-11 | 49.75 |
| 2026-06-10 | 46.53 |
| 2026-06-09 | 48.44 |
| 2026-06-08 | 54.73 |
| 2026-06-05 | 54.38 |
| 2026-06-04 | 64.24 |
| 2026-06-03 | 62.32 |
| 2026-06-02 | 62.68 |
| 2026-06-01 | 61.27 |
| 2026-05-29 | 62.63 |
| 2026-05-28 | 61.37 |
| 2026-05-27 | 60.97 |
| 2026-05-26 | 54.43 |
| 2026-05-22 | 49.85 |
| 2026-05-21 | 48.04 |
| 2026-05-20 | 48.69 |
| 2026-05-19 | 46.68 |
| 2026-05-18 | 48.59 |
| 2026-05-15 | 51.96 |
| 2026-05-14 | 46.68 |
| 2026-05-13 | 45.82 |
| 2026-05-12 | 43.41 |
| 2026-05-11 | 46.88 |
| 2026-05-08 | 44.47 |
| 2026-05-07 | 39.44 |
| 2026-05-06 | 41.90 |
| 2026-05-05 | 40.87 |
| 2026-05-04 | 41.58 |
| 2026-05-01 | 41.03 |
| 2026-04-30 | 39.92 |
| 2026-04-29 | 36.90 |
| 2026-04-28 | 38.46 |
| 2026-04-27 | 39.22 |
| 2026-04-24 | 39.87 |
| 2026-04-23 | 39.12 |
| 2026-04-22 | 37.71 |
| 2026-04-21 | 34.54 |
| 2026-04-20 | 35.60 |
| 2026-04-17 | 36.00 |
| 2026-04-16 | 34.79 |
| 2026-04-15 | 36.35 |
| 2026-04-14 | 36.30 |
| 2026-04-13 | 33.53 |
| 2026-04-10 | 35.09 |
| 2026-04-09 | 35.04 |
| 2026-04-08 | 34.94 |
| 2026-04-07 | 32.23 |
| 2026-04-06 | 32.98 |
| 2026-04-02 | 34.29 |
| 2026-04-01 | 34.69 |
| 2026-03-31 | 33.08 |
| 2026-03-30 | 31.42 |
| 2026-03-27 | 33.28 |
| 2026-03-26 | 32.53 |
| 2026-03-25 | 34.74 |
| 2026-03-24 | 34.44 |
| 2026-03-23 | 31.37 |
| 2026-03-20 | 30.67 |
| 2026-03-19 | 30.37 |
| 2026-03-18 | 29.91 |
| 2026-03-17 | 31.02 |
| 2026-03-16 | 31.17 |
| 2026-03-13 | 30.82 |
| 2026-03-12 | 30.77 |
| 2026-03-11 | 31.52 |
| 2026-03-10 | 31.52 |
| 2026-03-09 | 28.91 |
| 2026-03-06 | 28.71 |
| 2026-03-05 | 29.41 |
| 2026-03-04 | 30.87 |
| 2026-03-03 | 29.71 |
| 2026-03-02 | 29.96 |
| 2026-02-27 | 29.81 |
| 2026-02-26 | 31.93 |
| 2026-02-25 | 34.44 |
| 2026-02-24 | 34.56 |
| 2026-02-23 | 50.03 |
| 2026-02-20 | 53.61 |
| 2026-02-19 | 51.49 |
| 2026-02-18 | 54.22 |
| 2026-02-17 | 54.07 |
| 2026-02-13 | 51.74 |
| 2026-02-12 | 48.81 |
| 2026-02-11 | 49.47 |
| 2026-02-10 | 51.84 |
| 2026-02-09 | 52.55 |
| 2026-02-06 | 52.00 |
| 2026-02-05 | 48.76 |
| 2026-02-04 | 51.44 |
| 2026-02-03 | 50.58 |
| 2026-02-02 | 47.09 |
| 2026-01-30 | 47.70 |
| 2026-01-29 | 50.63 |
| 2026-01-28 | 51.29 |
| 2026-01-27 | 48.36 |
| 2026-01-26 | 46.84 |
| 2026-01-23 | 46.59 |
| 2026-01-22 | 48.81 |
| 2026-01-21 | 45.73 |
| 2026-01-20 | 46.54 |
| 2026-01-16 | 46.84 |
| 2026-01-15 | 47.35 |
| 2026-01-14 | 46.18 |
| 2026-01-13 | 48.76 |
| 2026-01-12 | 48.61 |
| 2026-01-09 | 43.76 |
| 2026-01-08 | 43.46 |
| 2026-01-07 | 44.67 |
| 2026-01-06 | 46.69 |
| 2026-01-05 | 44.92 |
| 2026-01-02 | 45.93 |
| 2025-12-31 | 42.95 |
| 2025-12-30 | 43.30 |
| 2025-12-29 | 45.28 |
| 2025-12-26 | 46.54 |
| 2025-12-24 | 46.44 |
| 2025-12-23 | 46.03 |
| 2025-12-22 | 47.09 |
| 2025-12-19 | 45.28 |
| 2025-12-18 | 43.66 |
| 2025-12-17 | 42.55 |
| 2025-12-16 | 43.15 |
| 2025-12-15 | 43.81 |
| 2025-12-12 | 44.72 |
| 2025-12-11 | 48.46 |
| 2025-12-10 | 43.46 |
| 2025-12-09 | 40.83 |
| 2025-12-08 | 40.53 |
| 2025-12-05 | 40.58 |
| 2025-12-04 | 40.07 |
| 2025-12-03 | 38.45 |
| 2025-12-02 | 39.51 |
| 2025-12-01 | 39.57 |
| 2025-11-28 | 42.40 |
| 2025-11-26 | 41.28 |
| 2025-11-25 | 41.03 |
| 2025-11-24 | 39.21 |
| 2025-11-21 | 39.51 |
| 2025-11-20 | 37.70 |
| 2025-11-19 | 40.88 |
| 2025-11-18 | 40.32 |
| 2025-11-17 | 40.17 |
| 2025-11-14 | 42.45 |
| 2025-11-13 | 40.83 |
| 2025-11-12 | 45.12 |
| 2025-11-11 | 45.12 |
| 2025-11-10 | 47.45 |
| 2025-11-07 | 45.88 |
| 2025-11-06 | 46.24 |
| 2025-11-05 | 47.15 |
| 2025-11-04 | 62.99 |
| 2025-11-03 | 70.48 |
| 2025-10-31 | 71.64 |
| 2025-10-30 | 69.12 |
| 2025-10-29 | 72.39 |
| 2025-10-28 | 71.78 |
| 2025-10-27 | 71.85 |
| 2025-10-24 | 73.28 |
| 2025-10-23 | 70.42 |
| 2025-10-22 | 67.76 |
| 2025-10-21 | 71.44 |
| 2025-10-20 | 71.85 |
| 2025-10-17 | 67.83 |
| 2025-10-16 | 69.05 |
| 2025-10-15 | 73.96 |
| 2025-10-14 | 69.05 |
| 2025-10-13 | 63.05 |
| 2025-10-10 | 59.71 |
| 2025-10-09 | 61.35 |
| 2025-10-08 | 60.26 |
| 2025-10-07 | 58.21 |
| 2025-10-06 | 59.58 |
| 2025-10-03 | 57.94 |
| 2025-10-02 | 60.74 |
| 2025-10-01 | 54.06 |
| 2025-09-30 | 50.51 |
| 2025-09-29 | 51.12 |
| 2025-09-26 | 52.22 |
| 2025-09-25 | 51.67 |
| 2025-09-24 | 52.49 |
| 2025-09-23 | 49.08 |
Showing the most recent 260 of 1,383 data points. The chart above shows the full history.