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	27.3	-14.63%	🇺🇸 USA
Colfax Corporation CFX	27.1	-15.31%	🇺🇸 USA
Graco GGG	28.5	-11.13%	🇺🇸 USA
Gorman-Rupp GRC	37.9	18.48%	🇺🇸 USA
Parker-Hannifin PH	37.8	17.93%	🇺🇸 USA
ITT ITT	28.9	-9.65%	🇺🇸 USA
Xylem XYL	49.9	55.89%	🇺🇸 USA
Illinois Tool Works ITW	25.8	-19.56%	🇺🇸 USA
Dover DOV	27.1	-15.49%	🇺🇸 USA
Ingersoll Rand IR	54.6	70.34%	🇮🇪 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.