The price-to-earnings ratio for Omega Flex stock stands at 35.06 as of May 8, 2024. This is based on the current EPS of $1.91 and the stock price of $66.96 per share. A decrease of 8% has been recorded in the PE ratio compared to the average of 38.3 of the last four quarters.
Over the last ten years, the average PE ratio of Omega Flex has been 41.65. The current 35.06 P/E ratio is 16% 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 Sep 2014 quarter marked the lowest point at 15.95, with a price of $19.46 and an EPS of $1.22.
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% |
Currently, OFLX's PE ratio is lower than the 3, 5 and 10-year averages.
In comparison to its peer stocks PH and NWPX, OFLX's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NWPX Northwest Pipe Co | 14.9 | $353.09M |
| PH Parker Hannifin Corp | 25.75 | $71.33B |
| PKOH Park Ohio Holdings Corp | 28.54 | $339.45M |
| OFLX Omega Flex Inc | 35.06 | $675.92M |
The price to earnings ratio for OFLX stock is 35.06 as of May 8, 2024.
As an average over the last 3 years, OFLX stock has a PE ratio of 44.83.
As an average over the last 5 years, OFLX stock has a PE ratio of 52.31.
In the last ten years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 86.59.
OFLX's current price to earnings ratio is 16% below its 10-year historical average.
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 (May 8, 2024), Omega Flex's stock price is $66.96. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.91. Therefore, Omega Flex's PE ratio for today is 35.06. PE RATIO(35.06) = STOCK PRICE($66.96) / TTM EPS($1.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.