P/E ratio for Celestica (CLS)
P/E ratio as of October 2023 (TTM): 17.7
According to Celestica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.6957. At the end of 2021 the company had a P/E ratio of 13.4.
P/E ratio history for Celestica from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.4 | -20.24% |
| 2020 | 16.8 | 5.71% |
| 2019 | 15.9 | 30.75% |
| 2018 | 12.2 | -15.27% |
| 2017 | 14.4 | 16.1% |
| 2016 | 12.4 | -52.92% |
| 2015 | 26.3 | 34.22% |
| 2014 | 19.6 | 20.41% |
| 2013 | 16.3 | 11.66% |
| 2012 | 14.6 | 78.69% |
| 2011 | 8.14 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sanmina SANM | 10.2 | -42.51% | 🇺🇸 USA |
 Plexus PLXS | 17.3 | -2.28% | 🇺🇸 USA |
 IEC Electronics
IEC | N/A | N/A | 🇺🇸 USA |
 Flex FLEX | 15.2 | -14.12% | 🇸🇬 Singapore |
 Fabrinet
FN | 24.7 | 39.74% | Cayman Islands |
 Nam Tai Property NTPIF | 4.61 | -73.94% | 🇨🇳 China |
 Jabil JBL | 17.2 | -2.74% | 🇺🇸 USA |
 CTS Corporation CTS | 22.8 | 29.05% | 🇺🇸 USA |
 Benchmark Electronics
BHE | 13.1 | -26.11% | 🇺🇸 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.