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CelesticaTSX:CLS -1.20%86 Forward PE Ratio is 29.66 as of Jul. 20, 2026. GuruFocus rates TSX:CLS with a GF Score™ of 86/100 and a GF Value™ of C$188.26 (Significantly Overvalued). Among 1,017 Hardware companies, Celestica ranks worse than 65.98% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Celestica Forward PE Ratio Related Terms
Celestica Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Celestica's Forward PE 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 Forward PE Ratio Chart
Celestica Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
9.11
9.40
8.09
7.01
10.32
8.35
7.39
5.36
10.63
21.43
37.20
Celestica Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
9.11
8.75
8.62
8.70
9.40
11.38
10.22
9.25
8.09
9.07
10.40
8.01
7.01
8.89
10.93
8.10
10.32
4.45
9.30
7.30
8.35
8.32
7.51
6.57
7.39
7.61
5.91
4.68
5.36
6.37
7.13
9.71
10.63
15.34
17.21
12.72
21.43
17.22
30.34
37.15
37.20
31.40
TSX:CLS vs APH, GLW, TEL: Forward PE Ratio Comparison
For the Electronic Components subindustry, Celestica's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Celestica's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Celestica's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Celestica (TSX:CLS) has a Forward PE Ratio of 29.66 as of Jul. 20, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Celestica and its competitors. According to the industry distribution chart, Celestica ranks #671 out of 1017 companies in the Hardware industry, placing it in the top 66%.
Is Celestica's Forward PE Ratio too high?
Celestica's current Forward PE Ratio is 29.66. The Hardware industry median Forward PE Ratio is 20.83. Celestica's value of 29.66 is 42.4% above this industry median. Based on the distribution chart, Celestica ranks #671 out of 1017 companies in the Hardware industry, which is below the industry midpoint. Overall, Celestica has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celestica's Forward PE Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Celestica ranks #671 out of 1017 companies for Forward PE Ratio. This places Celestica in the lower half of its industry. The industry median Forward PE Ratio is 20.83. Celestica's value of 29.66 is 42.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Hardware company?
The median Forward PE Ratio among Hardware companies is 20.83, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Celestica's current Forward PE Ratio of 29.66 is 42.4% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Celestica and its competitors. For the Hardware industry, the median Forward PE Ratio is 20.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celestica's current Forward PE Ratio is 29.66. 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$188.26, compared to a current price of C$421.82 — trading 124.1% above its estimated fair value. The current Forward PE Ratio is 29.66 and 42.4% above the Hardware industry median of 20.83. Celestica's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Celestica (TSX:CLS), the current Forward PE Ratio is 29.66 as of Jul. 20, 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$421.82 is trading 124.1% above its estimated GF Value™ of C$188.26.
GuruFocus considers Celestica to be Significantly Overvalued.
Key valuation signals for TSX:CLS:
Forward PE Ratio: 29.66
GF Value™: C$188.26 vs. price of C$421.82 (124.1% above fair value)
Industry Position: 42.4% above the Hardware median (#671 of 1017)
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 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.
86GF Score
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