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	27.9	-13.55%	🇺🇸 USA
Colfax Corporation CFX	27.1	-16.06%	🇺🇸 USA
Graco GGG	28.3	-12.32%	🇺🇸 USA
Gorman-Rupp GRC	38.6	19.40%	🇺🇸 USA
Parker-Hannifin PH	38.3	18.38%	🇺🇸 USA
ITT ITT	29.1	-9.82%	🇺🇸 USA
Xylem XYL	50.7	56.98%	🇺🇸 USA
Illinois Tool Works ITW	26.2	-18.84%	🇺🇸 USA
Dover DOV	27.6	-14.46%	🇺🇸 USA
Ingersoll Rand IR	55.1	70.66%	🇮🇪 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.