P/E ratio for Celestica (CLS)
P/E ratio as of April 2024 (TTM): 26.1
According to Celestica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.0774. At the end of 2022 the company had a P/E ratio of 9.55.
P/E ratio history for Celestica from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.55 | -28.78% |
| 2021 | 13.4 | -20.24% |
| 2020 | 16.8 | 5.71% |
| 2019 | 15.9 | 30.57% |
| 2018 | 12.2 | -13.99% |
| 2017 | 14.2 | 14.73% |
| 2016 | 12.3 | -53% |
| 2015 | 26.3 | 34.22% |
| 2014 | 19.6 | 20.41% |
| 2013 | 16.3 | 11.66% |
| 2012 | 14.6 | 78.69% |
| 2011 | 8.14 | -63.06% |
| 2010 | 22.0 | -43.95% |
| 2009 | 39.3 | -2779.1% |
| 2008 | -1.47 | -103.29% |
| 2007 | 44.6 | -477.03% |
| 2006 | -11.8 | -76.47% |
| 2005 | -50.3 | 1275.64% |
| 2004 | -3.66 | -69.92% |
| 2003 | -12.2 | 70.66% |
| 2002 | -7.12 | -95.59% |
| 2001 | -162 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sanmina SANM | 10.8 | -58.66% | 🇺🇸 USA |
 Plexus PLXS | 18.5 | -29.24% | 🇺🇸 USA |
 IEC Electronics
IEC | N/A | N/A | 🇺🇸 USA |
 Flex FLEX | 15.7 | -39.64% | 🇸🇬 Singapore |
 Fabrinet
FN | 24.3 | -6.70% | Cayman Islands |
 Nam Tai Property NTPIF | 3.91 | -85.00% | 🇨🇳 China |
 Jabil JBL | 21.1 | -19.06% | 🇺🇸 USA |
 CTS Corporation CTS | 22.6 | -13.47% | 🇺🇸 USA |
 Benchmark Electronics
BHE | 15.6 | -40.05% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.