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Celestica (Celestica) Cyclically Adjusted Book per Share : $11.54 (As of Mar. 2024)


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What is Celestica Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Celestica's adjusted book value per share for the three months ended in Mar. 2024 was $14.406. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $11.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Celestica's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Celestica was 11.20% per year. The lowest was -16.20% per year. And the median was -0.40% per year.

As of today (2024-06-01), Celestica's current stock price is $55.92. Celestica's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.54. Celestica's Cyclically Adjusted PB Ratio of today is 4.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Celestica was 5.14. The lowest was 0.40. And the median was 1.26.


Celestica Cyclically Adjusted Book per Share Historical Data

The historical data trend for Celestica's Cyclically Adjusted Book per Share 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 Book per Share Chart

Celestica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 8.72 9.71 10.24 11.53

Celestica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 10.59 11.08 11.11 11.53 11.54

Competitive Comparison of Celestica's Cyclically Adjusted Book per Share

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

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

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



Celestica Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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.

For example, Celestica's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.406/126.2576*126.2576
=14.406

Current CPI (Mar. 2024) = 126.2576.

Celestica Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.214 99.473 10.426
201409 8.260 99.394 10.492
201412 7.990 98.367 10.255
201503 8.282 99.789 10.479
201506 7.617 100.500 9.569
201509 7.597 100.421 9.552
201512 7.604 99.947 9.606
201603 7.801 101.054 9.747
201606 8.259 102.002 10.223
201609 8.603 101.765 10.674
201612 8.927 101.449 11.110
201703 8.895 102.634 10.942
201706 9.204 103.029 11.279
201709 9.447 103.345 11.542
201712 9.662 103.345 11.804
201803 9.711 105.004 11.677
201806 9.263 105.557 11.080
201809 9.378 105.636 11.209
201812 9.775 105.399 11.709
201903 10.578 106.979 12.484
201906 10.685 107.690 12.527
201909 10.632 107.611 12.474
201912 10.530 107.769 12.336
202003 10.371 107.927 12.132
202006 10.556 108.401 12.295
202009 10.848 108.164 12.663
202012 10.918 108.559 12.698
202103 10.986 110.298 12.576
202106 11.264 111.720 12.730
202109 11.783 112.905 13.177
202112 11.731 113.774 13.018
202203 12.163 117.646 13.053
202206 12.417 120.806 12.977
202209 12.803 120.648 13.398
202212 13.792 120.964 14.396
202303 13.718 122.702 14.116
202306 14.084 124.203 14.317
202309 14.542 125.230 14.661
202312 14.867 125.072 15.008
202403 14.406 126.258 14.406

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Celestica  (NYSE:CLS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Celestica's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.92/11.54
=4.85

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Celestica was 5.14. The lowest was 0.40. And the median was 1.26.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Celestica Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Celestica's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Celestica (Celestica) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Celestica Inc (NYSE:CLS) » Definitions » Cyclically Adjusted Book per Share
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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.