Flowserve
FLS
#2067
Rank
NZ$13.16 B
Marketcap
$100.17
Share price
2.06%
Change (1 day)
56.55%
Change (1 year)

P/E ratio for Flowserve (FLS)

P/E ratio as of November 2024 (TTM): 32.0

According to Flowserve 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.0214. At the end of 2022 the company had a P/E ratio of 21.3.

P/E ratio history for Flowserve from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.3-32.46%
202131.5-16.96%
202038.042.74%
201926.6-35.6%
201841.3-98.04%
2017> 10004371.65%
201647.1118.3%
201521.635.26%
201416.0-30.38%
201322.934.4%
201217.032.36%
201112.9-24.8%
201017.138.98%
200912.387.14%
20086.59-68.92%
200721.2-13.09%
200624.4-80.89%
2005128127.05%
200456.2129.01%
200324.570.58%
200214.4-122.02%
2001-65.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.0-12.55%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1-15.29%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2-11.83%๐Ÿ‡บ๐Ÿ‡ธ USA
39.0 21.91%๐Ÿ‡บ๐Ÿ‡ธ USA
38.1 18.83%๐Ÿ‡บ๐Ÿ‡ธ USA
29.1-9.13%๐Ÿ‡บ๐Ÿ‡ธ USA
50.6 57.88%๐Ÿ‡บ๐Ÿ‡ธ USA
26.3-17.86%๐Ÿ‡บ๐Ÿ‡ธ USA
27.5-14.03%๐Ÿ‡บ๐Ÿ‡ธ USA
54.3 69.55%๐Ÿ‡ฎ๐Ÿ‡ช 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.