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Celestica (Celestica) Cyclically Adjusted PB Ratio : 3.91 (As of May. 05, 2024)


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What is Celestica Cyclically Adjusted PB Ratio?

As of today (2024-05-05), Celestica's current share price is $44.86. Celestica's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.47. Celestica's Cyclically Adjusted PB Ratio for today is 3.91.

The historical rank and industry rank for Celestica's Cyclically Adjusted PB Ratio or its related term are showing as below:

CLS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.25   Max: 4.32
Current: 3.95

During the past years, Celestica's highest Cyclically Adjusted PB Ratio was 4.32. The lowest was 0.40. And the median was 1.25.

CLS's Cyclically Adjusted PB Ratio is ranked worse than
82.37% of 1855 companies
in the Hardware industry
Industry Median: 1.63 vs CLS: 3.95

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Celestica's adjusted book value per share data for the three months ended in Mar. 2024 was $14.406. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $11.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Celestica Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Celestica's Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio Chart

Celestica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.93 1.15 1.10 2.53

Celestica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.22 1.31 2.21 2.53 3.92

Competitive Comparison of Celestica's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Celestica's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Celestica's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Celestica's Cyclically Adjusted PB Ratio falls into.



Celestica Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Celestica's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.86/11.47
=3.91

* 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.

Celestica's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Celestica's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.406/125.4675*125.4675
=14.406

Current CPI (Mar. 2024) = 125.4675.

Celestica Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.214 99.473 10.360
201409 8.260 99.394 10.427
201412 7.990 98.367 10.191
201503 8.282 99.789 10.413
201506 7.617 100.500 9.509
201509 7.597 100.421 9.492
201512 7.604 99.947 9.546
201603 7.801 101.054 9.686
201606 8.259 102.002 10.159
201609 8.603 101.765 10.607
201612 8.927 101.449 11.041
201703 8.895 102.634 10.874
201706 9.204 103.029 11.209
201709 9.447 103.345 11.469
201712 9.662 103.345 11.730
201803 9.711 105.004 11.604
201806 9.263 105.557 11.010
201809 9.378 105.636 11.139
201812 9.775 105.399 11.636
201903 10.578 106.979 12.406
201906 10.685 107.690 12.449
201909 10.632 107.611 12.396
201912 10.530 107.769 12.259
202003 10.371 107.927 12.056
202006 10.556 108.401 12.218
202009 10.848 108.164 12.583
202012 10.918 108.559 12.618
202103 10.986 110.298 12.497
202106 11.264 111.720 12.650
202109 11.783 112.905 13.094
202112 11.731 113.774 12.937
202203 12.163 117.646 12.972
202206 12.417 120.806 12.896
202209 12.803 120.648 13.314
202212 13.792 120.964 14.305
202303 13.718 122.702 14.027
202306 14.084 124.203 14.227
202309 14.542 125.230 14.570
202312 14.867 125.468 14.867
202403 14.406 125.468 14.406

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.


Celestica  (NYSE:CLS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Celestica Cyclically Adjusted PB Ratio Related Terms

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


Celestica (Celestica) Business Description

Industry
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.