As of Q4'25, CLS's P/B Ratio stands at 15.37, marking a substantial increase from previous quarters. This latest data point reflects a significant upward trajectory in the company's price-to-book valuation over the reported period. From Q1'23 to Q4'25, the P/B Ratio has exhibited a strong and accelerating growth trend, rising from 0.83 to 15.37. Notably, the ratio remained below 4 until Q1'25, after which it surged rapidly—more than doubling between Q1'25 (6.81) and Q3'25 (17.12) before a slight pullback in Q4'25. This pattern indicates heightened investor optimism and potentially changing market perceptions of CLS's underlying book value during this period.