As of May 2, 2024, the Flowserve stock's PE ratio is 26.56. This takes into account the latest EPS of $1.78 and stock price of $47.27. The PE ratio has grown by 10% from its last 4 quarters average of 24.2.
The PE ratio of Flowserve has averaged 86.38 over the last ten years. The current price-to-earnings ratio of 26.56 is 69% 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.
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's current PE ratio is under its 3, 5 and 10-year averages.
When compared to its peers IR and XYL, FLS's PE ratio is lower, but it is higher than ITW's and PH's. Flowserve's PE ratio is trading below the peer average of 29.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DOV DOVER Corp | 17.05 | $24.53B |
| GRC Gorman Rupp Co | 23.72 | $864.18M |
| ITT ITT Inc | 24.64 | $10.4B |
| ITW Illinois Tool Works Inc | 24.77 | $72.32B |
| PH Parker Hannifin Corp | 26.24 | $69.12B |
| FLS Flowserve Corp | 26.75 | $6.27B |
| GGG Graco Inc | 27.15 | $13.68B |
| IEX Idex Corp | 29.07 | $16.77B |
| IR Ingersoll Rand Inc | 45.51 | $35.25B |
| XYL Xylem Inc | 47.52 | $33.18B |
As of May 2, 2024, FLS stock has a price to earnings ratio of 26.56.
The average PE ratio for FLS stock over the past 3 years is 29.38.
The average PE ratio for FLS stock over the past 5 years is 29.35.
Over the last ten years, the quarterly PE ratio reached its highest level at 2,106.5 in the Dec 2017 quarter.
FLS's price to earnings ratio is currently 69% below its 10-year historical average.
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 (May 2, 2024), Flowserve's share price is $47.27. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.78. Therefore, Flowserve's price to earnings ratio for today is 26.56. PE RATIO(26.56) = STOCK PRICE($47.27) / TTM EPS($1.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.