Start with its own history
At 14.91×, FLXS is 22.5% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · FLXSFurnishings, Fixtures & AppliancesUpdated Nov 5, 2026
Flexsteel Industries, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
14.91×
22.5% belowthe 8-observation annual average
Share price74.99
÷Earnings per share5.03
Price and EPS in quote currency. Calculation details
Investors are paying 14.91 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 19.24×
3-year average12.35×3 positive annual observations
5-year average21.17×5 positive annual observations
10-year average19.24×8 positive annual observations
Peer median · TTM16.15×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2026 | 11.53× | +22.9% |
| Jun 30, 2025 | 9.38× | -41.8% |
| Jun 30, 2024 | 16.13× | +138.9% |
| Jun 30, 2023 | 6.75× | -89.1% |
| Jun 30, 2022 | 62.07× | +391.8% |
| Jun 30, 2021 | 12.62× | N/M |
| Jun 30, 2020 | N/M | N/M |
| Jun 30, 2019 | N/M | N/M |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | 17.73× | +0.3% |
| Jun 30, 2017 | 17.68× | +42.4% |
| Jun 30, 2016 | 12.42× | -13.5% |
| Jun 30, 2015 | 14.36× | -10.8% |
| Jun 30, 2014 | 16.11× | +21.1% |
| Jun 30, 2013 | 13.30× | +29.8% |
| Jun 30, 2012 | 10.25× | +9.4% |
| Jun 30, 2011 | 9.37× | +38.9% |
| Jun 30, 2010 | 6.75× | N/M |
| Jun 30, 2009 | N/M | N/M |
| Jun 30, 2008 | 17.58× | +72.1% |
| Jun 30, 2007 | 10.21× | -43.4% |
| Jun 30, 2006 | 18.06× | +17.4% |
| Jun 30, 2005 | 15.38× | +2.7% |
| Jun 30, 2004 | 14.97× | +20.7% |
| Jun 30, 2003 | 12.40× | -20.5% |
| Jun 30, 2002 | 15.59× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How FLXS compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 FLXS This stockFlexsteel Industries, Inc. | 14.91× |
 BSETBassett Furniture Industries, Incorporated | 29.87× |
 LZBLa-Z-Boy Incorporated | 16.59× |
 ETDEthan Allen Interiors Inc. | 13.62× |
 LOVEThe Lovesac Company | 14.11× |
 HNIHNI Corporation | 111.68× |
 MLKNMillerKnoll, Inc. | 16.15× |
 XMAXXMAX, Inc. | 12.08× |
 HOFTHooker Furnishings Corporation | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does FLXS’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 16.15×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take FLXS into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("FLXS", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 74.99 ÷ EPS 5.03 = 14.91×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
FLXS P/E ratio: common questions
The essentials behind the numbers.
Flexsteel Industries, Inc.'s current P/E is 14.91× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.