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OFLX Omega Flex PE ratio, current and historical analysis

The price-to-earnings ratio for Omega Flex stock stands at 29.95 as of Jun 14, 2024. This is based on the current EPS of $1.91 and the stock price of $57.21 per share. A decrease of 22% has been recorded in the PE ratio compared to the average of 38.3 of the last four quarters.

OFLX PE ratio history

How has OFLX's PE ratio performed in the past

Over the last ten years, the average PE ratio of Omega Flex has been 41.65. The current 29.95 P/E ratio is 28% 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.

Average
41.65
Median
39.84
Minimum
15.95
Maximum
86.59

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

What is the average PE ratio of OFLX for the past years

Currently, OFLX's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
44.83
5-year avg
52.31
10-year avg
41.65
15-year avg
36.85

OFLX PE vs peers

What is OFLX's PE ratio compared to its peers

In comparison to its peer stocks PH and PKOH, OFLX's PE ratio is higher.

Stock name PE ratio Market cap
NWPX Northwest Pipe Co 13.64 $323.15M
PH Parker Hannifin Corp 23.35 $64.69B
PKOH Park Ohio Holdings Corp 27.68 $329.25M
OFLX Omega Flex Inc 29.95 $577.5M

Frequently asked questions

What is Omega Flex's PE ratio?

The price to earnings ratio for OFLX stock is 29.95 as of Jun 14, 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 44.83.

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 52.31.

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 28% 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 (Jun 14, 2024), Omega Flex's stock price is $57.21. 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 29.95. PE RATIO(29.95) = STOCK PRICE($57.21) / TTM EPS($1.91)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.