What is Shoals Technologies Group Median PS Value?
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Shoals Technologies Group's Median PS Value or its related term are showing as below:
SHLS's Price-to-Median-PS-Value is not ranked *
in the Semiconductors industry.
Industry Median: 1.38 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Shoals Technologies Group Median PS Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Shoals Technologies Group's Median PS Value
For the Solar subindustry, Shoals Technologies Group's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shoals Technologies Group's Price-to-Median-PS-Value Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Shoals Technologies Group's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Shoals Technologies Group's Price-to-Median-PS-Value falls into.
Shoals Technologies Group Median PS Value Calculation
10-Year Median PS Ratio is 0.
Shoals Technologies Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.789.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shoals Technologies Group (NAS:SHLS) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Shoals Technologies Group's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
7.03
/
0.00
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shoals Technologies Group Median PS Value Related Terms
Thank you for viewing the detailed overview of Shoals Technologies Group's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Shoals Technologies Group (Shoals Technologies Group) Business Description
Shoals Technologies Group Inc is a provider of electrical balance of system or EBOS solutions for solar energy projects, primarily in the United States. EBOS encompasses components that are necessary to carry electric current produced by solar panels to an inverter. The products are sold principally to engineering, procurement and construction firms that build solar energy projects. In 2022 the company entered the electric vehicle charging market.
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