FLEX currently has a PEG ratio reading of 3.01 as of Aug 1, 2026. This metric factors in a PE of 43.09 with an earnings growth rate of 14.3%.
A nine years lookback shows an average PEG ratio of 1.75 for Flex. Compared to historical data, FLEX's 3.01 PE to growth ratio represents a rise of 72%. Within the last nine years, the Sep 2025 quarter recorded the highest PEG value at 19.02. At 0.01, the Dec 2020 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2026 | 2.58 | 27.62 | 10.7% |
| 2025 | N/A | 15.46 | -7.4% |
| 2024 | 0.39 | 12.39 | 32% |
| 2023 | N/A | 13.15 | -11.2% |
| 2022 | 0.16 | 9.42 | 60.2% |
| 2021 | 0.02 | 14.89 | 623.5% |
| 2020 | N/A | 49.26 | -5.6% |
| 2019 | N/A | 55.56 | -77.8% |
| 2018 | 0.54 | 20.16 | 37.3% |
| 2017 | N/A | 28.47 | -26.3% |
| 2016 | N/A | 15.08 | -23.1% |
| 2015 | 0.17 | 12.19 | 73.3% |
| 2014 | 0.36 | 15.4 | 42.9% |
| 2013 | N/A | 16.1 | -38.2% |
| 2012 | N/A | 10.62 | -11.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 3.89 | 55.57 | 14.3% |
| Mar 2026 | 2.58 | 27.62 | 10.7% |
| Dec 2025 | N/A | 26.62 | -8.8% |
| Sep 2025 | 19.02 | 24.72 | 1.3% |
| Jun 2025 | 6.97 | 21.6 | 3.1% |
| Mar 2025 | N/A | 15.46 | -7.4% |
| Dec 2024 | 0.34 | 15.42 | 45.6% |
| Sep 2024 | 0.51 | 14.78 | 29% |
| Jun 2024 | 0.48 | 13.17 | 27.3% |
| Mar 2024 | 0.39 | 12.39 | 32% |
| Dec 2023 | N/A | 17.81 | -5% |
| Sep 2023 | N/A | 15.33 | -0.6% |
| Jun 2023 | N/A | 15.7 | -10.2% |
| Mar 2023 | N/A | 13.15 | -11.2% |
| Dec 2022 | N/A | 11.92 | -13.5% |
FLEX's PEG ratio today is higher than its 5 and 10-year averages, though it is below the 3-year average.
With a PEG of 3.01, FLEX is above the Technology sector, the industry and its peers average. Compared to its Technology sector average of 0.74, Flex's PEG is 307% higher.
FLEX has a PEG ratio above that of peer stocks CLS and JBL. At 3.01, Flex's PEG ratio stands higher than the peer group average of 0.91.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| CLS Celestica, Inc. | 0.31 | $38.09B |
| TTMI Ttm Technologies Inc | 0.43 | $12.42B |
| JBL Jabil Inc | 0.75 | $33.09B |
| PLXS Plexus Corp | 1.1 | $6.77B |
| BHE Benchmark Electronics Inc | 1.21 | $2.9B |
| SANM Sanmina Corp | 1.73 | $10.14B |
| FLEX Flex Ltd | 3.06 | $42.67B |
FLEX shows a PEG ratio of 3.01, per Aug 1, 2026 data.
Over the last 3 years, FLEX's PEG ratio has settled near 4.27.
Over the last 5 years, FLEX's PEG ratio has settled near 2.89.
The Sep 2025 quarter marked the nine years high at 19.02 for FLEX's PEG ratio.
FLEX currently has a PEG ratio 72% above its 9-year average.
When a company's earnings growth trails its valuation, the PEG ratio tends to be elevated - as seen with FLEX's 3.01 value.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Aug 1, 2026, Flex has a P/E ratio of 43.09. Earnings grew at 14.3% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 3.01. PEG RATIO(3.01) = PE RATIO(43.09) / EPS GROWTH(14.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.