Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in North America 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.
P/B ratio for Omega Flex, Inc. (OFLX)
P/B ratio as of 2023: 9.04
According to Omega Flex, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 9.04. At the end of 2022 the company had a P/B ratio of 13.27.
P/B ratio history for Omega Flex, Inc. from 2001 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 9.04 |
| 2022 | 13.27 |
| 2021 | 21.23 |
| 2020 | 31.96 |
| 2019 | 28.97 |
| 2018 | 8.26 |
| 2017 | 12.99 |
| 2016 | 12.32 |
| 2015 | 8.15 |
| 2014 | 11.27 |
| 2013 | 8.09 |
| 2012 | 6.34 |
| 2011 | 6.25 |
| 2010 | 9.20 |
| 2009 | 10.34 |
| 2008 | 7.23 |
| 2007 | 5.83 |
| 2006 | 7.60 |
| 2005 | 6.80 |
| 2004 | 4.57 |
| 2003 | 4.16 |
| 2002 | 4.97 |
| 2001 | 6.06 |