P/E ratio for Flex (FLEX)

P/E ratio history for Flex 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
Benchmark Electronics BHE	25.2	8.06%	🇺🇸 USA
Sanmina SANM	14.7	-37.03%	🇺🇸 USA
Jabil JBL	21.2	-9.32%	🇺🇸 USA
TTM Technologies TTMI	-83.2	-456.23%	🇺🇸 USA
Plexus PLXS	31.9	36.57%	🇺🇸 USA
Celestica CLS	52.7	125.69%	🇨🇦 Canada
IEC Electronics IEC	N/A	N/A	🇺🇸 USA

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.