The price-to-earnings ratio for Omega Flex stock stands at 23.46 as of Dec 20, 2024. This is based on the current EPS of $1.82 and the stock price of $42.69 per share. A decrease of 25% has been recorded in the PE ratio compared to the average of 31.4 of the last four quarters.
Over the last ten years, the average PE ratio of Omega Flex has been 42.16. The current 23.46 P/E ratio is 44% 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.
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 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 | 16.59 | $488.69M |
PKOH Park Ohio Holdings Corp | 20.5 | $365.65M |
OFLX Omega Flex Inc | 23.46 | $430.93M |
PH Parker Hannifin Corp | 28.78 | $83.31B |
The price to earnings ratio for OFLX stock is 23.46 as of Dec 20, 2024.
As an average over the last 3 years, OFLX stock has a PE ratio of 39.64.
As an average over the last 5 years, OFLX stock has a PE ratio of 50.11.
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 44% 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 (Dec 20, 2024), Omega Flex's stock price is $42.69. 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 23.46. PE RATIO(23.46) = STOCK PRICE($42.69) / TTM EPS($1.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.