Flex Ltd. Ordinary Shares (FLEX) Valuation

Historical valuation analysis based on 500 data points (2024-09-25 to 2026-09-23)

Flex Ltd is the developed, end-to-end manufacturing partner of choice that helps a diverse customer base design, build, deliver and manage products that improve the world. The Company's full suite...

Flex Ltd. Ordinary Shares (FLEX) currently trades at a P/E ratio of 49.96 (historical range: 10.50–72.09, median: 24.70), placing it at the 85th percentile — expensive relative to its history, P/S ratio of 1.59 (range: 0.44–2.29, 85th percentile — expensive relative to its history), EV/EBITDA of 33.25 (range: 15.40–47.75, 85th percentile).

Over the historical period (2024-09-25 to 2026-09-23), Flex Ltd. Ordinary Shares's P/E ratio has expanded by 132% over the observed period (from an average of 17.3 to 40.1).

Flex Ltd. Ordinary Shares trades well above its own historical valuation range across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio49.9610.5024.7072.0985thexpensive relative to its history
P/S Ratio1.590.440.832.2985thexpensive relative to its history
EV/EBITDA33.2515.4021.0447.7585thexpensive relative to its history
FCF Yield0.030.020.050.1315thexpensive relative to its history
Current Price: $111.92
Market Cap: $41.3B
Sector: Technology

Flex Ltd. Ordinary Shares (FLEX) Valuation & P/E History

Flex Ltd. Ordinary Shares (FLEX) is a US-listed stock operating in the Technology sector, specifically the Printed Circuit Boards industry currently trading at $111.92 with a market capitalization of $41.3 billion. This page provides historical valuation analysis for FLEX based on 500 data points covering 2024-09-25 to 2026-09-23. The P/E ratio of 49.96 is above the historical median of 24.70, placing FLEX at the 85th percentile of its valuation range. The P/S ratio of 1.59 compares to a median of 0.83.

FLEX Valuation Metrics & Historical Range

The valuation table above shows Flex Ltd. Ordinary Shares's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether FLEX is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests FLEX is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Flex Ltd. Ordinary Shares.
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is FLEX Overvalued or Undervalued?

Flex Ltd. Ordinary Shares trades well above its own historical valuation range across most metrics. The overall valuation percentile of 85 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive FLEX is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full FLEX analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.FLEX trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.