According to Flowserve 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5508. At the end of 2022 the company had a P/E ratio of 21.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 21.3 | -32.46% |
2021 | 31.5 | -16.96% |
2020 | 38.0 | 42.74% |
2019 | 26.6 | -35.6% |
2018 | 41.3 | -98.04% |
2017 | > 1000 | 4371.65% |
2016 | 47.1 | 118.3% |
2015 | 21.6 | 35.26% |
2014 | 16.0 | -30.38% |
2013 | 22.9 | 34.4% |
2012 | 17.0 | 32.36% |
2011 | 12.9 | -24.8% |
2010 | 17.1 | 38.98% |
2009 | 12.3 | 87.14% |
2008 | 6.59 | -68.92% |
2007 | 21.2 | -13.09% |
2006 | 24.4 | -80.89% |
2005 | 128 | 127.05% |
2004 | 56.2 | 129.01% |
2003 | 24.5 | 70.58% |
2002 | 14.4 | -122.02% |
2001 | -65.3 |
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.