OFLX Omega Flex PE ratio, current and historical analysis
The price-to-earnings ratio for Omega Flex stock stands at 26.78 as of Nov 21, 2024. This is based on the current EPS of $1.82 and the stock price of $48.74 per share. A decrease of 15% has been recorded in the PE ratio compared to the average of 31.4 of the last four quarters.
OFLX PE ratio history
Over the last ten years, the average PE ratio of Omega Flex has been 42.16. The current 26.78 P/E ratio is 36% lower than the historical average. In the past ten years, OFLX's PE ratio peaked in the Sep 2020 quarter at 86.59, with a price of $156.72 and an EPS of $1.81. The Mar 2015 quarter marked the lowest point at 17.59, with a price of $25.15 and an EPS of $1.43.
Omega Flex PE ratio by year
Maximum annual increase: 132.03% in 2019
Maximum annual decrease: -41.31% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 34.23 | -14.17% |
| 2022 | 39.88 | -18.33% |
| 2021 | 48.83 | -34.11% |
| 2020 | 74.11 | 18.12% |
| 2019 | 62.74 | 132.03% |
| 2018 | 27.04 | -41.31% |
| 2017 | 46.07 | 17.32% |
| 2016 | 39.27 | 85.59% |
| 2015 | 21.16 | -25.57% |
| 2014 | 28.43 | 37.54% |
OFLX average PE ratio chart
Currently, OFLX's PE ratio is lower than the 3, 5 and 10-year averages.
OFLX PE vs peers
In comparison to its peer PH, OFLX's PE ratio is lower, but it is higher than NWPX's and PKOH's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NWPX Northwest Pipe Co | 18.59 | $547.61M |
| PKOH Park Ohio Holdings Corp | 25.42 | $453.27M |
| OFLX Omega Flex Inc | 26.78 | $492M |
| PH Parker Hannifin Corp | 31.24 | $90.45B |
Frequently asked questions
What is Omega Flex's PE ratio?
The price to earnings ratio for OFLX stock is 26.78 as of Nov 21, 2024.
What is the 3-year average PE ratio for Omega Flex (OFLX)?
As an average over the last 3 years, OFLX stock has a PE ratio of 39.64.
What is the 5-year average PE ratio for Omega Flex (OFLX)?
As an average over the last 5 years, OFLX stock has a PE ratio of 50.11.
What is the highest PE ratio for OFLX?
In the last ten years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 86.59.
How does the current PE ratio for OFLX compare to its historical average?
OFLX's current price to earnings ratio is 36% below its 10-year historical average.
How is OFLX's PE ratio calculated (Omega Flex PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Omega Flex's stock price is $48.74. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.82. Therefore, Omega Flex's PE ratio for today is 26.78. PE RATIO(26.78) = STOCK PRICE($48.74) / TTM EPS($1.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.