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Celestica (Celestica) E10 : $0.94 (As of Dec. 2023)


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What is Celestica E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Celestica's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.94 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Celestica's average E10 Growth Rate was 22.80% per year. During the past 3 years, the average E10 Growth Rate was 14.30% per year. During the past 5 years, the average E10 Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Celestica was 94.50% per year. The lowest was -17.00% per year. And the median was 11.80% per year.

As of today (2024-04-28), Celestica's current stock price is $43.46. Celestica's E10 for the quarter that ended in Dec. 2023 was $0.94. Celestica's Shiller PE Ratio of today is 46.23.

During the past 13 years, the highest Shiller PE Ratio of Celestica was 278.17. The lowest was 5.16. And the median was 16.01.


Celestica E10 Historical Data

The historical data trend for Celestica's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Celestica E10 Chart

Celestica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.65 0.69 0.75 0.94

Celestica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.77 0.83 0.86 0.94

Competitive Comparison of Celestica's E10

For the Electronic Components subindustry, Celestica's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Celestica's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Celestica's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Celestica's Shiller PE Ratio falls into.



Celestica E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Celestica's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.7/125.4675*125.4675
=0.700

Current CPI (Dec. 2023) = 125.4675.

Celestica Quarterly Data

per share eps CPI Adj_EPS
201403 0.200 98.604 0.254
201406 0.220 99.473 0.277
201409 0.190 99.394 0.240
201412 -0.030 98.367 -0.038
201503 0.110 99.789 0.138
201506 0.140 100.500 0.175
201509 0.080 100.421 0.100
201512 0.080 99.947 0.100
201603 0.180 101.054 0.223
201606 0.250 102.002 0.308
201609 0.370 101.765 0.456
201612 0.150 101.449 0.186
201703 0.160 102.634 0.196
201706 0.240 103.029 0.292
201709 0.240 103.345 0.291
201712 0.100 103.345 0.121
201803 0.100 105.004 0.119
201806 0.110 105.557 0.131
201809 0.060 105.636 0.071
201812 0.440 105.399 0.524
201903 0.660 106.979 0.774
201906 -0.050 107.690 -0.058
201909 -0.050 107.611 -0.058
201912 -0.050 107.769 -0.058
202003 -0.020 107.927 -0.023
202006 0.100 108.401 0.116
202009 0.240 108.164 0.278
202012 0.160 108.559 0.185
202103 0.080 110.298 0.091
202106 0.210 111.720 0.236
202109 0.280 112.905 0.311
202112 0.260 113.774 0.287
202203 0.170 117.646 0.181
202206 0.290 120.806 0.301
202209 0.370 120.648 0.385
202212 0.350 120.964 0.363
202303 0.200 122.702 0.205
202306 0.460 124.203 0.465
202309 0.670 125.230 0.671
202312 0.700 125.468 0.700

Add all the adjusted EPS together and divide 10 will get our e10.


Celestica  (NYSE:CLS) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Celestica's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=43.46/0.94
=46.23

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Celestica was 278.17. The lowest was 5.16. And the median was 16.01.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Celestica E10 Related Terms

Thank you for viewing the detailed overview of Celestica's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Celestica (Celestica) Business Description

Traded in Other Exchanges
Address
5140 Yonge Street, Suite 1900, Toronto, ON, CAN, M2N 6L7
Celestica Inc offers supply chain solutions. The company has two operating and reportable segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS). The ATS segment consists of the ATS end market and is comprised of the Aerospace and Defense, Industrial, health tech, and Capital Equipment businesses. Its Capital Equipment business is comprised of the semiconductor, display, and robotics equipment businesses, and the CCS segment consists of Communications and Enterprise end markets, Enterprise end market is comprised of its servers and storage businesses. The company generates a majority of its revenue from the Connectivity & Cloud Solutions segment.