Question 1

What is Flex's P/S ratio?

Accepted Answer

Flex (FLEX) P/S ratio is 1.3× as of July 29, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Flex?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Flex specifically, the relevant sector benchmark is the current sector median of 6.0×.

Question 5

Is Flex's P/S ratio high or low?

Accepted Answer

Flex's P/S ratio of 1.3× is above its own 5-year average of 0.5× and below the sector median of 6.0×. That places the current reading at the 95th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Flex's historical P/S ratio range?

Accepted Answer

In the available daily series, Flex (FLEX) P/S ratio has ranged from a low of 0.1× in 2008 to a high of 2.2× in 2026. The 5-year average is 0.5× and the 5-year median is 0.4×.

Question 7

What was Flex's P/S ratio in 2026?

Accepted Answer

Flex (FLEX) P/S ratio at the end of 2026 was 0.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Flex's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$24.5B	$27.9B	0.9×	+0.4×	Mar 31, 2026
2025	$12.9B	$25.8B	0.5×	+0.0×	Mar 31, 2025
2024	$12B	$24.8B	0.5×	+0.1×	Mar 31, 2024
2023	$10.4B	$30.3B	0.3×	+0.0×	Mar 31, 2023
2022	$8.55B	$26B	0.3×	-0.1×	Mar 31, 2022
2021	$9.35B	$24.1B	0.4×	+0.2×	Mar 31, 2021
2020	$4.2B	$24.2B	0.2×	-0.0×	Mar 31, 2020
2019	$5.38B	$26.1B	0.2×	-0.1×	Mar 31, 2019
2018	$8.62B	$25.4B	0.3×	-0.0×	Mar 31, 2018
2017	$9.12B	$23.9B	0.4×	+0.1×	Mar 31, 2017
2016	$6.73B	$24.4B	0.3×	-0.0×	Mar 31, 2016
2015	$7.45B	$26.1B	0.3×	+0.1×	Mar 31, 2015
2014	$5.53B	$26.1B	0.2×	+0.0×	Mar 31, 2014
2013	$4.32B	$23.6B	0.2×	+0.0×	Mar 31, 2013
2012	$4.95B	$29.3B	0.2×	-0.0×	Mar 31, 2012
2011	$5.68B	$28.7B	0.2×	-0.1×	Mar 31, 2011
2010	$6.37B	$24.1B	0.3×	+0.2×	Mar 31, 2010
2009	$2.34B	$30.9B	0.1×	-0.2×	Mar 31, 2009
2008	$7.78B	$27.6B	0.3×	-0.1×	Mar 31, 2008
2007	$6.45B	$18.9B	0.3×	-0.1×	Mar 31, 2007
2006	$5.95B	$15.1B	0.4×	-0.0×	Mar 31, 2006
2005	$6.77B	$15.9B	0.4×	-0.2×	Mar 31, 2005
2004	$9.01B	$14.5B	0.6×	+0.3×	Mar 31, 2004
2003	$4.52B	$13.4B	0.3×	-0.4×	Mar 31, 2003
2002	$9.21B	$13.1B	0.7×	—	Mar 31, 2002


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Gen Digital (GEN)	2.3×
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Accenture (ACN)	1.6×
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EPAM Systems (EPAM)	1.3×
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Sunrun (RUN)	1.0×
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Lyft (LYFT)	0.8×
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Science Applications International (SAIC)	0.6×
Super Micro Computer (SMCI)	0.4×
HP (HPQ)	0.3×
Amkor Technology (AMKR)	0.0×

P/S Ratio for Flex (FLEX) 2002-2026

P/S Ratio daily chart for Flex (FLEX)

Historical P/S Ratio for Flex (FLEX) from 2002 to 2026

About P/S Ratio at Flex (FLEX)

Flex P/S Ratio by Year

Flex P/S Ratio 2026: 0.9×

Flex P/S Ratio 2025: 0.5×

Flex P/S Ratio 2024: 0.5×

Flex P/S Ratio 2023: 0.3×

Flex P/S Ratio 2022: 0.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Flex (FLEX) Key Financials