Omega Flex, Inc. P/B ratio

P/B ratio of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including P/B ratio growth rates and interactive chart. Measures the relationship between price and book value per share. Book value is the equity or owner's capital that is invested in a business. If a stock has a price of $10 and a book value per share of $10, the ratio is 1. Stock selling below a P/B of 1 can be a bargain, as the market price has declined below the net asset value of the business. It is more applicable to financial companies like banks and insurers, as their assets and liabilities are valued at market and the book value thus more accuraterly represents reality.

Highlights and Quick Summary

Current P/B ratio of Omega Flex, Inc. is 31.96 (as of December 30, 2020)
  • P/B ratio for the quarter ending March 30, 2021 was 31.95 (a -0.03% decrease compared to previous quarter)
  • Year-over-year quarterly P/B ratio increased by 18.04%
  • Annual P/B ratio for 2020 was 31.96 (a 10.89% increase from previous year)
  • Annual P/B ratio for 2019 was 28.82 (a 250.26% increase from previous year)
  • Annual P/B ratio for 2018 was 8.23 (a -34.43% decrease from previous year)
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Historical P/B ratio of Omega Flex, Inc.

Most recent P/B ratioof OFLX including historical data for past 10 years.

Interactive Chart of P/B ratio of Omega Flex, Inc.

Omega Flex, Inc. P/B ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 31.95
2020 31.96 38.05 27.06 21.99 31.96
2019 28.82 14.75 11.19 10.85 28.82
2018 8.23 11.32 13.37 10.81 8.23
2017 12.55 13.71 12.61 9.57 12.55
2016 11.79 7.66 8.17 8.03 11.79
2015 8.09 7.48 9.29 6.85 8.09
2014 11.23 5.65 6.41 7.76 11.23
2013 8.06 7.15 6.27 7.72 8.06
2012 6.32 3.74 4.06 4.88 6.32
2011 6.29 6.33 6.97 7.08 6.29
2010 9.14 8.82 9.57 9.14

Business Profile of Omega Flex, Inc.

Sector: Industrials
Industry: Specialty Industrial Machinery
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in the United States and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.