Flexsteel IndustriesFLXS +0.94%64 PB Ratio is 1.98 as of Jun. 25, 2026, which is 66% above its 10-year median of 1.19. GuruFocus rates FLXS with a GF Score™ of 64/100 and a GF Value™ of $37.94 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 424 Furnishings, Fixtures & Appliances companies, Flexsteel Industries ranks worse than 65.33% on this metric.
During the past 12 months, Flexsteel Industries's average Book Value Per Share Growth Rate was 15.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Flexsteel Industries was 9.30% per year. The lowest was -8.90% per year. And the median was 3.90% per year.
Back to Basics: PB Ratio
Flexsteel Industries (NAS:FLXS) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Flexsteel Industries PB Ratio Related Terms
Flexsteel Industries PB Ratio Historical Data
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The historical data trend for Flexsteel Industries's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Flexsteel Industries PB Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Flexsteel Industries's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Flexsteel Industries (FLXS) has a PB Ratio of 1.98 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Flexsteel Industries and its competitors. This is 66% above median its historical median of 1.19. Over the past decade, Flexsteel Industries' PB Ratio has ranged from 0.33 to 2.27. According to the industry distribution chart, Flexsteel Industries ranks #277 out of 424 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 65.3%.
Is Flexsteel Industries' PB Ratio too high?
Flexsteel Industries' current PB Ratio of 1.98 is 66% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.27. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.32. Flexsteel Industries' value of 1.98 is 50% above this industry median. Based on the distribution chart, Flexsteel Industries ranks #277 out of 424 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Flexsteel Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flexsteel Industries' PB Ratio compare to LOVE and LCUT?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Flexsteel Industries ranks #277 out of 424 companies for PB Ratio. This places Flexsteel Industries in the lower half of its industry. The industry median PB Ratio is 1.32. Flexsteel Industries' value of 1.98 is 50% above this benchmark. Historically, Flexsteel Industries' own PB Ratio has ranged from 0.33 to 2.27 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.32, Flexsteel Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.32, based on 424 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flexsteel Industries's current PB Ratio of 1.98 is 50% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Flexsteel Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexsteel Industries's current PB Ratio is 1.98, which is 66% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexsteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Flexsteel Industries (FLXS) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.94, compared to a current price of $68.48 — trading 80.5% above its estimated fair value. The current PB Ratio is 1.98, which is 66% above median its 10-year median of 1.19 and 50% above the Furnishings, Fixtures & Appliances industry median of 1.32. Flexsteel Industries' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Flexsteel Industries (FLXS), the current PB Ratio is 1.98 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Flexsteel Industries (FLXS) Overvalued in 2026?
Based on GuruFocus' analysis, Flexsteel Industries stock appears to be overvalued.
The current stock price of $68.48 is trading 80.5% above its estimated GF Value™ of $37.94.
GuruFocus considers Flexsteel Industries to be Significantly Overvalued.
Key valuation signals for FLXS:
PB Ratio: 1.98 (66% above median its 10-year median of 1.19)
GF Value™: $37.94 vs. price of $68.48 (80.5% above fair value)
Industry Position: 50% above the Furnishings, Fixtures & Appliances median (#277 of 424)
No single metric tells the full story. See the FLXS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. Its product offerings include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential markets.
64GF Score
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