P/E ratio for Flowserve (FLS)

P/E ratio history for Flowserve from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Dover Corporation DOV	23.6	-41.29%	🇺🇸 USA
IDEX IEX	31.4	-21.76%	🇺🇸 USA
Illinois Tool Works ITW	25.0	-37.80%	🇺🇸 USA
Parker-Hannifin PH	31.8	-20.97%	🇺🇸 USA
Xylem XYL	24.0	-40.33%	🇺🇸 USA
Ingersoll Rand IR	23.2	-42.15%	🇮🇪 Ireland
Colfax Corporation CFX	27.1	-32.50%	🇺🇸 USA
ITT ITT	40.1	-0.10%	🇺🇸 USA
Graco GGG	21.5	-46.56%	🇺🇸 USA
Gorman-Rupp GRC	24.2	-39.78%	🇺🇸 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.