P/E ratio for Flexsteel Industries (FLXS)
P/E ratio as of July 2025 (TTM): 13.2
According to Flexsteel Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2491. At the end of 2024 the company had a P/E ratio of 14.2.
P/E ratio history for Flexsteel Industries from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 14.2 | 125.05% |
| 2023 | 6.30 | -43.51% |
| 2022 | 11.2 | -55.96% |
| 2021 | 25.3 | -260.86% |
| 2020 | -15.8 | 213.94% |
| 2019 | -5.02 | -131.13% |
| 2018 | 16.1 | 14.73% |
| 2017 | 14.0 | -31.21% |
| 2016 | 20.4 | 47.45% |
| 2015 | 13.8 | 14.66% |
| 2014 | 12.1 | -32% |
| 2013 | 17.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Bassett Furniture BSET | 59.6 | 349.74% | 🇺🇸 USA |
 La-Z-Boy
LZB | 16.0 | 20.70% | 🇺🇸 USA |
 Hooker Furnishings HOFT | -8.88 | -167.03% | 🇺🇸 USA |
 Ethan Allen
ETD | 13.1 | -1.15% | 🇺🇸 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.