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Flex (FLEX) Shiller PE Ratio : 27.30 (As of Apr. 27, 2025)


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What is Flex Shiller PE Ratio?

As of today (2025-04-27), Flex's current share price is $35.22. Flex's E10 for the quarter that ended in Dec. 2024 was $1.29. Flex's Shiller PE Ratio for today is 27.30.

The historical rank and industry rank for Flex's Shiller PE Ratio or its related term are showing as below:

FLEX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.45   Med: 16.57   Max: 34.32
Current: 27.24

During the past years, Flex's highest Shiller PE Ratio was 34.32. The lowest was 7.45. And the median was 16.57.

FLEX's Shiller PE Ratio is ranked worse than
56.15% of 1318 companies
in the Hardware industry
Industry Median: 22.825 vs FLEX: 27.24

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Flex's adjusted earnings per share data for the three months ended in Dec. 2024 was $0.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.29 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flex Shiller PE Ratio Historical Data

The historical data trend for Flex's Shiller PE 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.

* Premium members only.

Flex Shiller PE Ratio Chart

Flex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.32 18.98 15.37 16.13 23.28

Flex Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.70 23.28 23.94 26.54 29.69

Competitive Comparison of Flex's Shiller PE Ratio

For the Electronic Components subindustry, Flex's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Flex's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Flex's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Flex's Shiller PE Ratio falls into.


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Flex Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Flex's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=35.22/1.29
=27.30

* 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.

Flex's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Flex's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.67/133.1571*133.1571
=0.670

Current CPI (Dec. 2024) = 133.1571.

Flex Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.230 99.621 0.307
201506 0.190 100.684 0.251
201509 0.220 100.392 0.292
201512 0.270 99.792 0.360
201603 0.110 100.470 0.146
201606 0.190 101.688 0.249
201609 -0.005 101.861 -0.007
201612 0.240 101.863 0.314
201703 0.160 102.862 0.207
201706 0.230 103.349 0.296
201709 0.380 104.136 0.486
201712 0.220 104.011 0.282
201803 -0.040 105.290 -0.051
201806 0.220 106.317 0.276
201809 0.160 106.507 0.200
201812 -0.090 105.998 -0.113
201903 -0.120 107.251 -0.149
201906 0.090 108.070 0.111
201909 -0.230 108.329 -0.283
201912 0.220 108.420 0.270
202003 0.095 108.902 0.116
202006 0.100 108.767 0.122
202009 0.220 109.815 0.267
202012 0.410 109.897 0.497
202103 0.470 111.754 0.560
202106 0.410 114.631 0.476
202109 0.690 115.734 0.794
202112 0.480 117.630 0.543
202203 0.360 121.301 0.395
202206 0.400 125.017 0.426
202209 0.500 125.227 0.532
202212 0.500 125.222 0.532
202303 0.310 127.348 0.324
202306 0.410 128.729 0.424
202309 0.510 129.860 0.523
202312 0.450 129.419 0.463
202403 0.930 131.776 0.940
202406 0.340 132.554 0.342
202409 0.540 133.029 0.541
202412 0.670 133.157 0.670

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Flex  (NAS:FLEX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Flex Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Flex's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Flex Business Description

Traded in Other Exchanges
Address
12455 Research Boulevard, Austin, TX, USA, 78759
Flex Ltd is a contract manufacturing company providing comprehensive electronics design, manufacturing, and product management services to electronics and technology companies. The company's operating segments include Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). Flex Agility Solutions segment includes markets such as Communications, Enterprise and Cloud; Lifestyle; and Consumer Devices. Flex Reliability Solutions segment includes markets such as Automotive, Health Solutions, and Industrial.
Executives
Daniel Wendler officer: Chief Accounting Officer 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Kwang Hooi Tan officer: Group President 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Lay Koon Tan director C/O STATS CHIPPAC LTD., 10 ANG MO KIO ST 65 TECHPOINT #05-17/20, SINGAPORE U0 569059
Michael P Hartung officer: President, Agility Solutions 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Stevens Charles K. Iii director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
David Scott Offer officer: EVP, General Counsel 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Rebecca Sidelinger officer: Group President 6201 AMERICA CENTER DRIVE, ATTN: LEGAL, SAN JOSE CA 95002
Paul Lundstrom officer: Chief Financial Officer 222 N. SEPULVEDA BLVD., SUITE 500, EL SEGUNDO CA 90245
Revathi Advaithi director, officer: Chief Executive Officer EATON HOUSE, 30 PEMBROKE ROAD, DUBLIN 4 L2 -
Michael D Capellas director C/O MCI, 22001 LOUDOUN COUNTY PARKWAY, AXBURN VA 20147
Erin Mcsweeney director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Maryrose Sylvester director C/O 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Pat Ward director 500 JACKSON STREET, COLUMBUS IN 47201
Francois Barbier officer: President, Global Operations ONE MARINA BOULEVARD, #28-00, SINGAPORE U0 018989
David P Bennett officer: Chief Accounting Officer 3616 NICOLE AVE, PLEASANTON CA 94588