The price-to-earnings ratio for Omega Flex stock stands at 27.2 as of Jul 25, 2024. This is based on the current EPS of $1.91 and the stock price of $51.95 per share. A decrease of 29% 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 42.26. The current 27.2 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 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 PKOH, OFLX's PE ratio is lower, but it is higher than PH's and NWPX's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NWPX Northwest Pipe Co | 15.7 | $372.03M |
| PH Parker Hannifin Corp | 25.74 | $71.29B |
| OFLX Omega Flex Inc | 27.85 | $536.92M |
| PKOH Park Ohio Holdings Corp | 33.52 | $398.72M |
The price to earnings ratio for OFLX stock is 27.2 as of Jul 25, 2024.
As an average over the last 3 years, OFLX stock has a PE ratio of 43.4.
As an average over the last 5 years, OFLX stock has a PE ratio of 52.96.
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 36% 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 (Jul 25, 2024), Omega Flex's stock price is $51.95. 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 27.2. PE RATIO(27.2) = STOCK PRICE($51.95) / TTM EPS($1.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.