Flex (FLEX) - P/B ratio

P/B ratio as of November 2024 : 3.11

According to Flex's latest financial reports the company has a price-to-book ratio of 0.635395.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Flex - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.05	-2.99%
2022-12-31	2.11	-10.54%
2021-12-31	2.36	-11.44%
2020-12-31	2.67	21.43%
2019-12-31	2.19	69.93%
2018-12-31	1.29	-59.51%
2017-12-31	3.19	8.6%
2016-12-31	2.94	22.69%
2015-12-31	2.39	-10.72%
2014-12-31	2.68	29.22%
2013-12-31	2.08	22.5%
2012-12-31	1.69	-6.77%
2011-12-31	1.82	-33.9%
2010-12-31	2.75	-11.95%
2009-12-31	3.12	209.14%
2008-12-31	1.01	-17.29%
2007-12-31	1.22	7.34%
2006-12-31	1.14	0.32%
2005-12-31	1.13	-25.05%
2004-12-31	1.51	-15.37%
2003-12-31	1.79	89.7%
2002-12-31	0.9426

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Benchmark Electronics BHE	1.70	-45.17%	🇺🇸 USA
Sanmina SANM	1.94	-37.46%	🇺🇸 USA
Jabil JBL	8.82	183.81%	🇺🇸 USA
TTM Technologies TTMI	1.69	-45.74%	🇺🇸 USA
Plexus PLXS	3.57	14.83%	🇺🇸 USA
Celestica CLS	5.51	77.38%	🇨🇦 Canada

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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