Celestica (TSX:CLS) PB Ratio: 20.60 (As of Jun. 24, 2026) — 1723% Above Median


TSX:CLS Celestica Inc TSX:CLS
86 GF Score
Price C$515.77
GF Value C$181.47
Valuation Significantly Overvalued
View Full Analysis

What is Celestica PB Ratio?

Celestica TSX:CLS +3.30% 86 PB Ratio is 20.60 as of Jun. 24, 2026, which is 1723% above its 10-year median of 1.13. GuruFocus rates TSX:CLS with a GF Score™ of 86/100 and a GF Value™ of C$181.47 (Significantly Overvalued). Among 2,413 Hardware companies, Celestica ranks worse than 95.4% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-24), Celestica's share price is C$515.77. Celestica's Book Value per Share for the quarter that ended in Mar. 2026 was C$25.04. Hence, Celestica's PB Ratio of today is 20.60.

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

TSX:CLS' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.13   Max: 22.74
Current: 20.6

During the past 13 years, Celestica's highest PB Ratio was 22.74. The lowest was 0.30. And the median was 1.13.

TSX:CLS's PB Ratio is ranked worse than
95.4% of 2413 companies
in the Hardware industry
Industry Median: 2.42 vs TSX:CLS: 20.60

During the past 12 months, Celestica's average Book Value Per Share Growth Rate was 29.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Celestica was 54.90% per year. The lowest was -26.50% per year. And the median was 6.20% per year.

Back to Basics: PB Ratio


Celestica  (TSX:CLS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Celestica PB Ratio Related Terms


Celestica PB Ratio Historical Data

* Premium members only.

The historical data trend for Celestica's 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.

Celestica PB Ratio Chart

Celestica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.81 1.94 5.70 15.26

Celestica Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.87 10.18 14.04 15.26 15.67

TSX:CLS vs APH, GLW, TEL: PB Ratio Comparison

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

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

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


TSX:CLS
86GF Score
Celestica Inc TSX:CLS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celestica PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Celestica's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=515.77/25.039
=20.60

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 20.60 mean?
Celestica (TSX:CLS) has a PB Ratio of 20.60 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Celestica and its competitors. This is 1723% above median its historical median of 1.13. Over the past decade, Celestica's PB Ratio has ranged from 0.30 to 22.74. According to the industry distribution chart, Celestica ranks #2302 out of 2413 companies in the Hardware industry, placing it in the top 95.4%.
Is Celestica's PB Ratio too high?
Celestica's current PB Ratio of 20.60 is 1723% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 22.74. The Hardware industry median PB Ratio is 2.42. Celestica's value of 20.60 is 751.2% above this industry median. Based on the distribution chart, Celestica ranks #2302 out of 2413 companies in the Hardware industry, which is in the bottom quartile relative to peers. 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 PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Celestica ranks #2302 out of 2413 companies for PB Ratio. This places Celestica in the lower half of its industry. The industry median PB Ratio is 2.42. Celestica's value of 20.60 is 751.2% above this benchmark. Historically, Celestica's own PB Ratio has ranged from 0.30 to 22.74 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 2.42, 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 PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.42, based on 2,413 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Celestica's current PB Ratio of 20.60 is 751.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Celestica and its competitors. For the Hardware industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celestica's current PB Ratio is 20.60, which is 1723% above median its own 10-year median of 1.13. 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$181.47, compared to a current price of C$515.77 — trading 184.2% above its estimated fair value. The current PB Ratio is 20.60, which is 1723% above median its 10-year median of 1.13 and 751.2% above the Hardware industry median of 2.42. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Celestica (TSX:CLS), the current PB Ratio is 20.60 as of Jun. 24, 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$515.77 is trading 184.2% above its estimated GF Value™ of C$181.47. GuruFocus considers Celestica to be Significantly Overvalued.

Key valuation signals for TSX:CLS:

  • PB Ratio: 20.60 (1723% above median its 10-year median of 1.13)
  • GF Value™: C$181.47 vs. price of C$515.77 (184.2% above fair value)
  • GF Score™: 86/100
  • Industry Position: 751.2% above the Hardware median (#2302 of 2413)

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.
86GF Score

Get the complete analysis for TSX:CLS

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

C$515.77
Price
C$181.47
GF Value