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Flex Ltd. FLEX Price / book

Price / book at other companies

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JabilJBL
29.1×+14.9×
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CelesticaCLS
15.4×+9.6×
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TD SYNNEXSNX
1.4×0.0×
Fortive logo
FortiveFTV
2.8×+0.4×
ROP
Roper Technologies, Inc.ROP
1.9×-1.4×
Amcor logo
AmcorAMCR
1.6×-2.1×

Other financials

Income statement

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Revenue$7.5B+16.9%
Gross profit$730.0M+29.7%
Operating income$372.0M+22.0%
Net income$250.0M+12.6%
EPS (diluted)$0.67+17.5%

Balance sheet

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Cash & equivalents$2.4B+4.4%
Total debt$4.5B+4.3%
Total equity$5.1B+2.8%
Total assets$22.1B+20.0%

Cash flow

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Operating cash flow$413.0M-4.6%
CapEx$202.0M+80.4%
Free cash flow$211.0M-34.3%

Valuation

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Market cap$52.44B+89.9%
Enterprise value$54.52B+78.2%
P/E59.6×+26.6×
P/S1.9×+0.8×

Profitability

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Gross margin9.4%+0.9pp
Operating margin4.9%+0.4pp
Net margin3.2%-0.1pp

Returns & leverage

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Return on equity17.3%+1.1pp
Debt / equity0.9×0.0×
Current ratio1.4×+0.1×

Where this comes from

Calculated from Flex Ltd.’s reported figures.

Based on the most recent quarter.

The official record: Flex Ltd.’s 10-K, filed May 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flex Ltd.'s price / book?
Flex Ltd. (FLEX) reported price / book of 4.7× in Q1 2026.
How has Flex Ltd.'s price / book changed year-over-year?
Flex Ltd.'s price / book increased by 84.7% year-over-year, from 2.5× to 4.7×.
What is the long-term trend for Flex Ltd.'s price / book?
Over 4 years (2022 to 2026), Flex Ltd.'s price / book has grown at a 16.3% compound annual growth rate (CAGR), from 9.2× to 16.9×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.