In the current session, the stock is trading at $35.25, after a 0.11% spike. Over the past month, Flex Inc. (NASDAQ:FLEX) stock increased by 7.73%, and in the past year, by 88.42%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued. How Does Flex P/E Compare to Other Companies?The P/E ratio is used by long-term shareholders to assess the company’s market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate th…