Flex Ltd.

FLEX Technology Electronic Components

Flex Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $27.9 billion, up 8.14% from fiscal 2025.

Revenue
+24.8%
EPS
+34.6%
Free cash flow
−14.4%
Total debt
+41.3%

Quarter to September 2026, against a year earlier

67.86 1.13 +1.69%
Market cap
$24.7B
P/E
24.3×
Fwd P/E
23.9×
Dividend yield
—
F-score
6/9
Altman Z
2.70
Beneish M
−2.56
Dividend safety
n/a

Flex Ltd. (FLEX) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Flex Ltd. (FLEX) trades at a P/B ratio of 4.3×. Over the past ten years it has ranged from 0.7× (March 2020) to 11.7× (June 2026); the current reading is higher than 91% of that period. That is above the Electronic Components industry median of 2.9× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 4.7× 82.58%
FY2025 2.6× 11.30%
FY2024 2.3× 74.44%
FY2023 1.3× (14.36%)
FY2022 1.6× (19.60%)
FY2021 1.9× 76.66%
FY2020 1.1× (17.87%)
FY2019 1.3× (34.68%)
FY2018 2.0× (17.23%)
FY2017 2.5× 26.75%

Quarterly newest first

Period P/B ratio Change
Sep 2026 7.0× (35.20%)
Jun 2026 10.8× 128.44%
Mar 2026 4.7× 8.44%
Dec 2025 4.4× 1.11%
43 more quarters

Against its own ten years

Low 0.7× High 11.7×
Ten-year median 1.9×
Current reading's percentile 90

P/B ratio against peers

Company P/B ratio
SANM Sanmina Corporation compare 2.8×
LFUS Littelfuse, Inc. compare 3.3×
TTMI TTM Technologies, Inc. compare 3.3×
FN Fabrinet compare 4.2×
FLEX Flex Ltd. 4.3×
RAL Ralliant Corporation compare 4.3×
TEL TE Connectivity Ltd. compare 4.4×
GLW Corning Incorporated compare 6.3×
JBL Jabil, Inc. compare 15.7×
Electronic Components industry median 2.9×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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