The current PE ratio for Flex stock as of Nov 21, 2024 is 17.85. This is calculated based on the TTM EPS of $2.27 and the stock price of $40.53 per share. The PE ratio has grown by 23% from its last 4 quarters average of 14.5.
The average historical PE ratio of Flex for the last ten years is 24.78. The current P/E ratio of 17.85 is 28% 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.
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's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
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 17.85 is lower than the average of its peers, which is 27.03.
Stock name | PE ratio | Market cap |
---|---|---|
JBL Jabil Inc | 11.52 | $14.74B |
FLEX Flex Ltd | 17.85 | $15.72B |
SANM Sanmina Corp | 20.08 | $4.35B |
BHE Benchmark Electronics Inc | 27.39 | $1.72B |
CLS Celestica, Inc. | 28.75 | $10.64B |
TTMI Ttm Technologies Inc | 35.28 | $2.41B |
PLXS Plexus Corp | 39.13 | $4.32B |
FLEX stock has a price to earnings ratio of 17.85 as of Nov 21, 2024.
As an average over the last 3 years, FLEX stock has a PE ratio of 12.43.
As an average over the last 5 years, FLEX stock has a PE ratio of 17.2.
Over the last ten years, the quarterly PE ratio reached its highest level at 239.25 in the Jun 2019 quarter.
The current PE ratio of FLEX is 28% lower than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Flex's share price is $40.53. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.27. Therefore, Flex's PE ratio for today is 17.85. PE RATIO(17.85) = STOCK PRICE($40.53) / TTM EPS($2.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.