RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Flexsteel Industries P/E 2024

Flexsteel Industries P/E

18.71

Flexsteel Industries Dividend yield

1.69 %

Ticker

FLXS

ISIN

US3393821034

WKN

915873

As of May 18, 2024, Flexsteel Industries's P/E ratio was 18.71, a 180.93% change from the 6.66 P/E ratio recorded in the previous year.

The Flexsteel Industries P/E history

Flexsteel Industries Aktienanalyse

What does Flexsteel Industries do?

The translation is as follows: Flexsteel Industries Inc is an American furniture manufacturing company based in Dubuque, Iowa. The company's history dates back to 1893 when the Blue Ball Lounge Company, a small operation specializing in lounge production, was founded. In 1929, the company was renamed Flexsteel Industries Inc and began manufacturing furniture designed to be both durable and comfortable. Over the years, Flexsteel Industries Inc has become one of the most successful and well-known furniture manufacturers in the United States. The business model of Flexsteel Industries Inc involves producing high-quality and durable furniture that stands out for its excellent craftsmanship, ergonomics, and comfortable upholstery. The company manufactures furniture for both households and the commercial sector. The product range of Flexsteel Industries Inc includes a variety of furniture such as sofas, armchairs, tables, chairs, beds, cabinets, dressers, and much more. Additionally, the company also offers custom-made furniture to meet the individual needs and requirements of customers. Flexsteel Industries Inc is divided into three different divisions: residential furniture, commercial furniture, and marine furniture. The residential furniture division encompasses a wide range of sofas, armchairs, tables, and other furnishings for private customers. The commercial furniture division focuses on manufacturing furniture for offices, hotels, and restaurants. In the marine furniture division, the company produces furniture specifically designed to withstand extreme conditions at sea. Over the years, Flexsteel Industries Inc has received many awards, including the Leadership in Energy and Environmental Design (LEED) Award from the US Green Building Council for the environmental friendliness of its manufacturing facilities. Additionally, the company has built close collaborations with various architects and designers around the world to ensure that its products align with the latest trends and developments in the furniture industry. Overall, Flexsteel Industries Inc is a leading furniture manufacturer specializing in high-quality, durable, and comfortable furniture. With its different divisions and wide product range, the company is able to meet the individual needs and requirements of its customers while also providing technologically advanced solutions and environmental protection. The answer is: Flexsteel Industries Inc is an American furniture manufacturing company based in Dubuque, Iowa. The company was founded in 1893 and has since become one of the most successful and well-known furniture manufacturers in the United States. Flexsteel Industries Inc produces high-quality and durable furniture for both households and the commercial sector, with a wide product range including sofas, armchairs, tables, chairs, beds, cabinets, dressers, and more. The company also offers custom-made furniture to meet the specific needs and requirements of customers. Flexsteel Industries Inc is divided into three divisions: residential, commercial, and marine furniture. The company has received numerous awards for its environmental initiatives and collaborates with architects and designers worldwide to stay up to date with industry trends. Overall, Flexsteel Industries Inc prioritizes quality, durability, comfort, and environmentally friendly practices. Flexsteel Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Flexsteel Industries's P/E Ratio

The Price to Earnings (P/E) Ratio of Flexsteel Industries is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Flexsteel Industries's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Flexsteel Industries is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Flexsteel Industries’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Flexsteel Industries Stock

What is the price-to-earnings ratio of Flexsteel Industries?

The price-earnings ratio of Flexsteel Industries is currently 18.71.

How has the price-earnings ratio of Flexsteel Industries changed compared to last year?

The price-to-earnings ratio of Flexsteel Industries has increased by 180.93% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Flexsteel Industries high compared to other companies?

Yes, the price-to-earnings ratio of Flexsteel Industries is high compared to other companies.

How does an increase in the price-earnings ratio of Flexsteel Industries affect the company?

An increase in the price-earnings ratio of Flexsteel Industries would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Flexsteel Industries affect the company?

A decrease in the price-earnings ratio of Flexsteel Industries would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Flexsteel Industries?

Some factors that influence the price-earnings ratio of Flexsteel Industries are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Flexsteel Industries pay?

Over the past 12 months, Flexsteel Industries paid a dividend of 0.6 USD . This corresponds to a dividend yield of about 1.69 %. For the coming 12 months, Flexsteel Industries is expected to pay a dividend of 0.6 USD.

What is the dividend yield of Flexsteel Industries?

The current dividend yield of Flexsteel Industries is 1.69 %.

When does Flexsteel Industries pay dividends?

Flexsteel Industries pays a quarterly dividend. This is distributed in the months of July, October, January, April.

How secure is the dividend of Flexsteel Industries?

Flexsteel Industries paid dividends every year for the past 23 years.

What is the dividend of Flexsteel Industries?

For the upcoming 12 months, dividends amounting to 0.6 USD are expected. This corresponds to a dividend yield of 1.68 %.

In which sector is Flexsteel Industries located?

Flexsteel Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Flexsteel Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Flexsteel Industries from 4/4/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 3/25/2024.

When did Flexsteel Industries pay the last dividend?

The last dividend was paid out on 4/4/2024.

What was the dividend of Flexsteel Industries in the year 2023?

In the year 2023, Flexsteel Industries distributed 0.6 USD as dividends.

In which currency does Flexsteel Industries pay out the dividend?

The dividends of Flexsteel Industries are distributed in USD.

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Andere Kennzahlen von Flexsteel Industries

Our stock analysis for Flexsteel Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Flexsteel Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.