FLEX Flex PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: FLEX
- PE Ratio
The current PE ratio for Flex stock as of May 12, 2025 is 16.42. This is calculated based on the TTM EPS of $2.49 and the stock price of $40.88 per share. The PE ratio has grown by 18% from its last 4 quarters average of 13.9.
FLEX PE ratio history
The average historical PE ratio of Flex for the last ten years is 25.2. The current P/E ratio of 16.42 is 35% lower than the historical average. Looking back at the last ten years, FLEX's PE ratio peaked in the Jun 2019 quarter at 239.25, when the price was $9.57 and the EPS was $0.04. The lowest point was in the Jul 2022 quarter, when it reached 7.27 with a price of $14.25 and an EPS of $1.96.
Flex PE ratio by year
Maximum annual increase: 175.6% in 2019
Maximum annual decrease: -97.53% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 12.39 | -5.78% | $28.61 | $2.31 |
| 2023 | 13.15 | 39.6% | $23.01 | $1.75 |
| 2022 | 9.42 | -36.74% | $18.55 | $1.97 |
| 2021 | 14.89 | -69.77% | $18.31 | $1.23 |
| 2020 | 49.26 | -11.34% | $8.38 | $0.17 |
| 2019 | 55.56 | 175.6% | $10 | $0.18 |
| 2018 | 20.16 | -29.19% | $16.33 | $0.81 |
| 2017 | 28.47 | 88.79% | $16.8 | $0.59 |
| 2016 | 15.08 | 23.71% | $12.06 | $0.8 |
| 2015 | 12.19 | -20.84% | $12.68 | $1.04 |
| 2014 | 15.4 | -4.35% | $9.24 | $0.6 |
| 2013 | 16.1 | 51.6% | $6.76 | $0.42 |
| 2012 | 10.62 | 9.48% | $7.22 | $0.68 |
| 2011 | 9.7 | -97.53% | $7.47 | $0.77 |
| 2010 | 392 | N/A | $7.84 | $0.02 |
Flex PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 15.42 | 4.33% | $38.39 | $2.49 |
| Sep 2024 | 14.78 | 12.22% | $33.56 | $2.27 |
| Jun 2024 | 13.17 | 6.3% | $29.49 | $2.24 |
| Mar 2024 | 12.39 | -30.43% | $28.61 | $2.31 |
| Dec 2023 | 17.81 | 16.18% | $30.46 | $1.71 |
| Sep 2023 | 15.33 | -2.36% | $26.98 | $1.76 |
| Jun 2023 | 15.7 | 19.39% | $27.64 | $1.76 |
| Mar 2023 | 13.15 | 10.32% | $23.01 | $1.75 |
| Dec 2022 | 11.92 | 26.67% | $21.46 | $1.8 |
| Sep 2022 | 9.41 | 29.44% | $16.66 | $1.77 |
| Jul 2022 | 7.27 | -22.82% | $14.25 | $1.96 |
| Mar 2022 | 9.42 | 6.92% | $18.55 | $1.97 |
| Dec 2021 | 8.81 | -2.33% | $18.33 | $2.08 |
| Oct 2021 | 9.02 | -21.77% | $18.23 | $2.02 |
| Jul 2021 | 11.53 | -22.57% | $17.87 | $1.55 |
FLEX average PE ratio chart
FLEX's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
FLEX PE vs peers
FLEX's PE ratio stands lower than its peer stocks JBL and CLS. Flex's current PE ratio of 16.42 is lower than the average of its peers, which is 28.64.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FLEX Flex Ltd | 16.81 | $16.03B |
| SANM Sanmina Corp | 19.25 | $4.56B |
| BHE Benchmark Electronics Inc | 25.28 | $1.34B |
| PLXS Plexus Corp | 25.4 | $3.61B |
| CLS Celestica, Inc. | 31.3 | $12.63B |
| JBL Jabil Inc | 38.22 | $17.93B |
| TTMI Ttm Technologies Inc | 38.7 | $3.03B |
Frequently asked questions
What is Flex's PE ratio?
FLEX stock has a price to earnings ratio of 16.42 as of May 12, 2025.
What is the 3-year average PE ratio for Flex (FLEX)?
As an average over the last 3 years, FLEX stock has a PE ratio of 13.3.
What is the 5-year average PE ratio for Flex (FLEX)?
As an average over the last 5 years, FLEX stock has a PE ratio of 15.42.
What is the highest PE ratio for FLEX?
Over the last ten years, the quarterly PE ratio reached its highest level at 239.25 in the Jun 2019 quarter.
How does the current PE ratio for FLEX compare to its historical average?
The current PE ratio of FLEX is 35% lower than the 10-year historical average.
How is FLEX's PE ratio calculated (Flex PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 12, 2025), Flex's share price is $40.88. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.49. Therefore, Flex's PE ratio for today is 16.42. PE RATIO(16.42) = STOCK PRICE($40.88) / TTM EPS($2.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.