FLEX currently has a PEG ratio reading of 6.14 as of Jun 22, 2026. This metric factors in a PE of 65.74 with an earnings growth rate of 10.7%.
A nine years lookback shows an average PEG ratio of 1.64 for Flex. Compared to historical data, FLEX's 6.14 PE to growth ratio represents a rise of 274%. 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 |
|---|---|---|---|
| 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% |
| Sep 2022 | N/A | 9.41 | -12.4% |
FLEX's PEG ratio today is higher than its 3, 5 and 10-year averages.
With a PEG of 6.14, FLEX is above the Technology sector, the industry and its peers average.
FLEX has a PEG ratio above that of peer stocks CLS and JBL. At 6.14, Flex's PEG ratio stands higher than the peer group average of 0.79.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| CLS Celestica, Inc. | 0.32 | $40.38B |
| JBL Jabil Inc | 0.68 | $39.35B |
| TTMI Ttm Technologies Inc | 0.78 | $22.14B |
| PLXS Plexus Corp | 1.25 | $7.72B |
| SANM Sanmina Corp | 5.97 | $13.24B |
| FLEX Flex Ltd | 5.99 | $55.63B |
| BHE Benchmark Electronics Inc | N/A | $3.26B |
FLEX shows a PEG ratio of 6.14, per Jun 22, 2026 data.
Over the last 3 years, FLEX's PEG ratio has settled near 4.33.
Over the last 5 years, FLEX's PEG ratio has settled near 2.57.
The Sep 2025 quarter marked the nine years high at 19.02 for FLEX's PEG ratio.
FLEX currently has a PEG ratio 274% 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 6.14 value.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Jun 22, 2026, Flex has a P/E ratio of 65.74. Earnings grew at 10.7% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 6.14. PEG RATIO(6.14) = PE RATIO(65.74) / EPS GROWTH(10.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.