Back to FLEX overview

FLEX Flex PE ratio, current and historical analysis

The current PE ratio for Flex stock as of Jun 14, 2024 is 13.53. This is calculated based on the TTM EPS of $2.31 and the stock price of $31.26 per share. The PE ratio marks a decrease of 12% from its last 4 quarters average of 15.3.

FLEX PE ratio history

How has FLEX's PE ratio performed in the past

The average historical PE ratio of Flex for the last ten years is 24.73. The current P/E ratio of 13.53 is 45% 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.

Average
24.73
Median
15.21
Minimum
7.27
Maximum
239.25

Flex PE ratio by year

Maximum annual increase: 175.6% in 2019

Maximum annual decrease: -69.77% in 2021

Year PE ratio Change
2024 12.39 -5.78%
2023 13.15 39.6%
2022 9.42 -36.74%
2021 14.89 -69.77%
2020 49.26 -11.34%
2019 55.56 175.6%
2018 20.16 -29.19%
2017 28.47 88.79%
2016 15.08 23.71%
2015 12.19 -20.84%

FLEX average PE ratio chart

What is the average PE ratio of FLEX for the past years

FLEX's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
11.81
5-year avg
29.9
10-year avg
24.73
15-year avg
28.13

FLEX PE vs peers

What is FLEX's PE ratio compared to its peers

FLEX's PE ratio stands lower than its peer stocks CLS and SANM, but it is higher than JBL's. Flex's current PE ratio of 13.53 is lower than the average of its peers, which is 19.08.

Stock name PE ratio Market cap
JBL Jabil Inc 10.08 $14.41B
FLEX Flex Ltd 13.53 $12.56B
SANM Sanmina Corp 15.21 $3.67B
CLS Celestica, Inc. 20.71 $6.63B
BHE Benchmark Electronics Inc 21.66 $1.44B
PLXS Plexus Corp 27.75 $2.8B
TTMI Ttm Technologies Inc N/A $1.84B

Frequently asked questions

What is Flex's PE ratio?

FLEX stock has a price to earnings ratio of 13.53 as of Jun 14, 2024.

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 11.81.

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 29.9.

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 45% 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 (Jun 14, 2024), Flex's share price is $31.26. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.31. Therefore, Flex's PE ratio for today is 13.53. PE RATIO(13.53) = STOCK PRICE($31.26) / TTM EPS($2.31)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.