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Celestica (Celestica) Cyclically Adjusted PS Ratio : 0.84 (As of Apr. 27, 2024)


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What is Celestica Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Celestica's current share price is $43.46. Celestica's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $51.54. Celestica's Cyclically Adjusted PS Ratio for today is 0.84.

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

CLS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.29   Max: 0.98
Current: 0.87

During the past years, Celestica's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.09. And the median was 0.29.

CLS's Cyclically Adjusted PS Ratio is ranked better than
55.48% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs CLS: 0.87

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 Dec. 2023 was $17.882. 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 $51.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Celestica Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Celestica Cyclically Adjusted PS Ratio Chart

Celestica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.21 0.26 0.25 0.57

Celestica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.28 0.30 0.50 0.57

Competitive Comparison of Celestica's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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
=43.46/51.54
=0.84

* 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 Dec. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.882/125.4675*125.4675
=17.882

Current CPI (Dec. 2023) = 125.4675.

Celestica Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.187 98.604 9.145
201406 8.085 99.473 10.198
201409 7.924 99.394 10.003
201412 8.015 98.367 10.223
201503 7.450 99.789 9.367
201506 8.492 100.500 10.602
201509 9.694 100.421 12.112
201512 10.426 99.947 13.088
201603 9.320 101.054 11.572
201606 10.309 102.002 12.681
201609 10.867 101.765 13.398
201612 11.517 101.449 14.244
201703 10.292 102.634 12.582
201706 10.705 103.029 13.036
201709 10.520 103.345 12.772
201712 10.792 103.345 13.102
201803 10.451 105.004 12.488
201806 12.048 105.557 14.321
201809 12.197 105.636 14.487
201812 12.524 105.399 14.909
201903 10.491 106.979 12.304
201906 11.027 107.690 12.847
201909 11.812 107.611 13.772
201912 11.528 107.769 13.421
202003 10.222 107.927 11.883
202006 11.560 108.401 13.380
202009 12.010 108.164 13.931
202012 10.741 108.559 12.414
202103 9.573 110.298 10.890
202106 11.131 111.720 12.501
202109 11.692 112.905 12.993
202112 12.106 113.774 13.350
202203 12.565 117.646 13.400
202206 13.848 120.806 14.382
202209 15.611 120.648 16.235
202212 16.688 120.964 17.309
202303 15.113 122.702 15.454
202306 16.121 124.203 16.285
202309 17.084 125.230 17.116
202312 17.882 125.468 17.882

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.


Celestica  (NYSE: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

Thank you for viewing the detailed overview of Celestica's Cyclically Adjusted PS 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.