Celestica (TSX:CLS) Cyclically Adjusted PS Ratio: 5.17 (As of Jul. 16, 2026) — 1467% Above Median

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TSX:CLS Celestica Inc TSX:CLS
84 GF Score
Price C$470.76
GF Value C$187.26
Valuation Significantly Overvalued
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What is Celestica Cyclically Adjusted PS Ratio?

Celestica TSX:CLS -2.95% 84 Cyclically Adjusted PS Ratio is 5.17 as of Jul. 16, 2026, which is 1467% above its 10-year median of 0.33. GuruFocus rates TSX:CLS with a GF Score™ of 84/100 and a GF Value™ of C$187.26 (Significantly Overvalued). Among 1,976 Hardware companies, Celestica ranks worse than 80.11% on this metric.

As of today (2026-07-16), Celestica's current share price is C$470.76. Celestica's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$91.07. Celestica's Cyclically Adjusted PS Ratio for today is 5.17.

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

TSX:CLS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.33   Max: 6.25
Current: 5.17

During the past years, Celestica's highest Cyclically Adjusted PS Ratio was 6.25. The lowest was 0.09. And the median was 0.33.

TSX:CLS's Cyclically Adjusted PS Ratio is ranked worse than
80.11% of 1976 companies
in the Hardware industry
Industry Median: 1.44 vs TSX:CLS: 5.17

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Celestica's adjusted revenue per share data for the three months ended in Mar. 2026 was C$47.990. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$91.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Celestica  (TSX:CLS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Celestica Cyclically Adjusted PS Ratio Related Terms


Celestica Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Celestica's Cyclically Adjusted PS 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.

Celestica Cyclically Adjusted PS Ratio Chart

Celestica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.25 0.57 1.74 4.69

Celestica Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 1.43 2.60 4.07 4.69 4.31

TSX:CLS vs APH, GLW, TEL: Cyclically Adjusted PS Ratio Comparison

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

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

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


TSX:CLS
84GF Score
Celestica Inc TSX:CLS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celestica Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=470.76/91.07
=5.17

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Celestica's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=47.99/132.2623*132.2623
=47.990

Current CPI (Mar. 2026) = 132.2623.

Celestica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.292 102.002 17.235
201609 14.245 101.765 18.514
201612 15.362 101.449 20.028
201703 13.778 102.634 17.755
201706 14.233 103.029 18.272
201709 12.918 103.345 16.533
201712 13.780 103.345 17.636
201803 13.516 105.004 17.025
201806 15.813 105.557 19.814
201809 15.898 105.636 19.905
201812 16.827 105.399 21.116
201903 14.028 106.979 17.343
201906 14.653 107.690 17.996
201909 15.641 107.611 19.224
201912 15.181 107.769 18.631
202003 14.270 107.927 17.488
202006 15.666 108.401 19.114
202009 15.889 108.164 19.429
202012 13.758 108.559 16.762
202103 12.032 110.298 14.428
202106 13.602 111.720 16.103
202109 14.815 112.905 17.355
202112 15.496 113.774 18.014
202203 15.908 117.646 17.884
202206 17.731 120.806 19.412
202209 20.824 120.648 22.829
202212 22.671 120.964 24.789
202303 20.680 122.702 22.291
202306 21.419 124.203 22.809
202309 23.117 125.230 24.415
202312 23.991 125.072 25.370
202403 25.063 126.258 26.255
202406 27.455 127.522 28.476
202409 28.476 127.285 29.590
202412 30.867 127.364 32.054
202503 32.526 129.181 33.302
202506 34.122 129.892 34.745
202509 38.124 130.287 38.702
202512 43.390 130.366 44.021
202603 47.990 132.262 47.990

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 5.17 mean?
Celestica (TSX:CLS) has a Cyclically Adjusted PS Ratio of 5.17 as of Jul. 16, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Celestica and its competitors. This is 1467% above median its historical median of 0.33. Over the past decade, Celestica's Cyclically Adjusted PS Ratio has ranged from 0.09 to 6.25. According to the industry distribution chart, Celestica ranks #1583 out of 1976 companies in the Hardware industry, placing it in the top 80.1%.
Is Celestica's Cyclically Adjusted PS Ratio too high?
Celestica's current Cyclically Adjusted PS Ratio of 5.17 is 1467% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 6.25. The Hardware industry median Cyclically Adjusted PS Ratio is 1.44. Celestica's value of 5.17 is 259% above this industry median. Based on the distribution chart, Celestica ranks #1583 out of 1976 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Celestica has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celestica's Cyclically Adjusted PS Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Celestica ranks #1583 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Celestica in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. Celestica's value of 5.17 is 259% above this benchmark. Historically, Celestica's own Cyclically Adjusted PS Ratio has ranged from 0.09 to 6.25 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 1.44, Celestica has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.44, based on 1,976 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Celestica's current Cyclically Adjusted PS Ratio of 5.17 is 259% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Celestica and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celestica's current Cyclically Adjusted PS Ratio is 5.17, which is 1467% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celestica stock overvalued right now?
Based on GuruFocus' analysis, Celestica (TSX:CLS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$187.26, compared to a current price of C$470.76 — trading 151.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.17, which is 1467% above median its 10-year median of 0.33 and 259% above the Hardware industry median of 1.44. Celestica's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Celestica (TSX:CLS), the current Cyclically Adjusted PS Ratio is 5.17 as of Jul. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Celestica (TSX:CLS) Overvalued in 2026?

Based on GuruFocus' analysis, Celestica stock appears to be overvalued. The current stock price of C$470.76 is trading 151.4% above its estimated GF Value™ of C$187.26. GuruFocus considers Celestica to be Significantly Overvalued.

Key valuation signals for TSX:CLS:

  • Cyclically Adjusted PS Ratio: 5.17 (1467% above median its 10-year median of 0.33)
  • GF Value™: C$187.26 vs. price of C$470.76 (151.4% above fair value)
  • GF Score™: 84/100
  • Industry Position: 259% above the Hardware median (#1583 of 1976)

No single metric tells the full story. See the TSX:CLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Celestica Business Description

Other Exchanges CLS:USACTW:Germany
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, The 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.
84GF Score

Get the complete analysis for TSX:CLS

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$470.76
Price
C$187.26
GF Value