P/E ratio for Flowserve (FLS)

P/E ratio history for Flowserve from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
IDEX IEX	25.7	0.24%	🇺🇸 USA
Colfax Corporation CFX	27.1	5.77%	🇺🇸 USA
Graco GGG	27.2	6.23%	🇺🇸 USA
Gorman-Rupp GRC	35.7	39.03%	🇺🇸 USA
Parker-Hannifin PH	34.2	33.28%	🇺🇸 USA
ITT ITT	27.5	7.10%	🇺🇸 USA
Xylem XYL	54.6	112.93%	🇺🇸 USA
Illinois Tool Works ITW	24.7	-3.81%	🇺🇸 USA
Dover DOV	26.0	1.31%	🇺🇸 USA
Ingersoll Rand IR	51.4	100.53%	🇮🇪 Ireland

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.