FLS Flowserve PE ratio, current and historical analysis
As of Nov 21, 2024, the Flowserve stock's PE ratio is 29.44. This takes into account the latest EPS of $2.04 and stock price of $60.05. The PE ratio has grown by 13% from its last 4 quarters average of 26.1.
FLS PE ratio history
The PE ratio of Flowserve has averaged 86.64 over the last ten years. The current price-to-earnings ratio of 29.44 is 66% less than the historical average. Analyzing the last ten years, FLS's PE ratio reached its highest point in the Dec 2017 quarter at 2,106.5, when the price was $42.13 and the EPS was $0.02. The lowest point was recorded in the Sep 2015 quarter, when it reached 15.76 with a price of $41.14 and an EPS of $2.61.
Flowserve PE ratio by year
Maximum annual increase: 4,371.45% in 2017
Maximum annual decrease: -97.74% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 29.03 | 36.23% |
| 2022 | 21.31 | -32.46% |
| 2021 | 31.55 | -14.38% |
| 2020 | 36.85 | 34.73% |
| 2019 | 27.35 | -42.46% |
| 2018 | 47.53 | -97.74% |
| 2017 | 2,106.5 | 4,371.45% |
| 2016 | 47.11 | 117.2% |
| 2015 | 21.69 | 35.99% |
| 2014 | 15.95 | -30.59% |
FLS average PE ratio chart
FLS's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
FLS PE vs peers
When compared to its peers PH and IR, FLS's PE ratio is lower, but it is higher than ITW's and DOV's. Flowserve's PE ratio is trading below the peer average of 31.05.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 18 | $27.78B |
| ITW Illinois Tool Works Inc | 23.26 | $79.69B |
| ITT ITT Inc | 26.39 | $12.67B |
| GRC Gorman Rupp Co | 28.76 | $1.1B |
| FLS Flowserve Corp | 29.44 | $7.89B |
| GGG Graco Inc | 30.9 | $15.13B |
| PH Parker Hannifin Corp | 31.24 | $90.45B |
| IEX Idex Corp | 35.21 | $17.22B |
| XYL Xylem Inc | 35.92 | $30.46B |
| IR Ingersoll Rand Inc | 49.78 | $41.53B |
Frequently asked questions
What is Flowserve's PE ratio?
As of Nov 21, 2024, FLS stock has a price to earnings ratio of 29.44.
What is the 3-year average PE ratio for Flowserve (FLS)?
The average PE ratio for FLS stock over the past 3 years is 28.71.
What is the 5-year average PE ratio for Flowserve (FLS)?
The average PE ratio for FLS stock over the past 5 years is 28.66.
What is the highest PE ratio for FLS?
Over the last ten years, the quarterly PE ratio reached its highest level at 2,106.5 in the Dec 2017 quarter.
How does the current PE ratio for FLS compare to its historical average?
FLS's price to earnings ratio is currently 66% below its 10-year historical average.
How is FLS's PE ratio calculated (Flowserve PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 21, 2024), Flowserve's share price is $60.05. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.04. Therefore, Flowserve's price to earnings ratio for today is 29.44. PE RATIO(29.44) = STOCK PRICE($60.05) / TTM EPS($2.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.