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Shoals Technologies GroupSHLS -3.77%89 3-Year Book Growth Rate is 19.20% as of Jun. 2026, which is 38% above its 10-year median of 13.90. GuruFocus rates SHLS with a GF Scoreâ„¢ of 89/100 and a GF Valueâ„¢ of $9.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 986 Semiconductors companies, Shoals Technologies Group ranks better than 82.86% on this metric.
During the past 12 months, Shoals Technologies Group's average Book Value per Share Growth Rate was 6.70% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 19.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 8 years, the highest 3-Year average Book Value per Share Growth Rate of Shoals Technologies Group was 425.60% per year. The lowest was -75.30% per year. And the median was 13.90% per year.
Shoals Technologies Group (NAS:SHLS) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Shoals Technologies Group 3-Year Book Growth Rate Related Terms
SHLS vs CSIQ, ARRY, RUN: 3-Year Book Growth Rate Comparison
For the Solar subindustry, Shoals Technologies Group's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shoals Technologies Group's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Shoals Technologies Group's 3-Year Book Growth Rate falls into.
Shoals Technologies Group 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 19.20% mean?
Shoals Technologies Group (SHLS) has a 3-Year Book Growth Rate of 19.20% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Shoals Technologies Group and its competitors. This is 38% above median its historical median of 13.90. According to the industry distribution chart, Shoals Technologies Group ranks #169 out of 986 companies in the Semiconductors industry, placing it in the top 17.1%.
Is Shoals Technologies Group's 3-Year Book Growth Rate too high?
Shoals Technologies Group's current 3-Year Book Growth Rate of 19.20% is 38% above median its 10-year median of 13.90. The Semiconductors industry median 3-Year Book Growth Rate is 4.40. Shoals Technologies Group's value of 19.20% is 336.4% above this industry median. Based on the distribution chart, Shoals Technologies Group ranks #169 out of 986 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Shoals Technologies Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shoals Technologies Group's 3-Year Book Growth Rate compare to CSIQ and ARRY?
According to the Semiconductors industry distribution chart, Shoals Technologies Group ranks #169 out of 986 companies for 3-Year Book Growth Rate. This places Shoals Technologies Group in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 4.40. Shoals Technologies Group's value of 19.20% is 336.4% above this benchmark. While the company's 10-year median is 13.90 vs. the industry median of 4.40, Shoals Technologies Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Semiconductors company?
The median 3-Year Book Growth Rate among Semiconductors companies is 4.40, based on 986 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shoals Technologies Group's current 3-Year Book Growth Rate of 19.20% is 336.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Shoals Technologies Group and its competitors. For the Semiconductors industry, the median 3-Year Book Growth Rate is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoals Technologies Group's current 3-Year Book Growth Rate is 19.20%, which is 38% above median its own 10-year median of 13.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoals Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Shoals Technologies Group (SHLS) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.97, compared to a current price of $7.14 — trading 28.4% below its estimated fair value. The current 3-Year Book Growth Rate is 19.20%, which is 38% above median its 10-year median of 13.90 and 336.4% above the Semiconductors industry median of 4.40. Shoals Technologies Group's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Shoals Technologies Group (SHLS), the current 3-Year Book Growth Rate is 19.20% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shoals Technologies Group (SHLS) Overvalued in 2026?
Based on GuruFocus' analysis, Shoals Technologies Group stock appears to be undervalued.
The current stock price of $7.14 is trading 28.4% below its estimated GF Value™ of $9.97.
GuruFocus considers Shoals Technologies Group to be Modestly Undervalued.
Key valuation signals for SHLS:
3-Year Book Growth Rate: 19.20% (38% above median its 10-year median of 13.90)
GF Value™: $9.97 vs. price of $7.14 (28.4% below fair value)
Industry Position: 336.4% above the Semiconductors median (#169 of 986)
No single metric tells the full story. See the SHLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shoals Technologies Group is a provider of electrical balance of system 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.
89GF Score
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