CEILING

The CEILING function rounds a number up to the nearest multiple of a specified significance. It is commonly used in financial modeling, data analysis, and various mathematical computations to ensure values align with specific criteria or constraints.

Syntax

=CEILING(number, significance)

number The number to be rounded up to the nearest multiple of the significance.
significance The value to whose multiple the number is to be rounded up.

About CEILING

When precision in numerical manipulation is key, the CEILING function emerges as a trusty ally within the realm of Excel. It offers a straightforward mechanism to elevate numbers to the nearest higher multiple of a designated significance, ensuring adherence to predefined intervals or thresholds in diverse analytical scenarios. Whether navigating financial models, engineering calculations, or statistical operations, CEILING presents a simple yet potent solution for refining numeric outputs to desired specifications with effortless ease. By supplying the target number and the desired significance, users can swiftly realign values to correspond with specific requirements, fostering accuracy and consistency in their computational endeavors. This resilience and adaptability render CEILING an indispensable tool for fine-tuning numerical outcomes in a multitude of contexts, empowering users to sculpt data and results in accordance with their distinct needs and benchmarks.

Examples

If you want to round the number 43 up to the nearest multiple of 5, the formula would be: =CEILING(43, 5). This will return 45.

Suppose you need to round the number 8.75 up to the nearest multiple of 0.25. The CEILING formula would be: =CEILING(8.75, 0.25). This will yield 9.

In a financial model, if you wish to ensure that all monthly payment calculations are rounded up to the nearest hundred, you can utilize the CEILING function to harmonize the figures with this requirement.

Questions

Does the CEILING function handle negative numbers?

Yes, the CEILING function effectively rounds both positive and negative numbers up to the nearest multiple of the specified significance, aligning them with the designated criteria or constraints.

What happens if the number is already a multiple of the specified significance?

The CEILING function still rounds the number up. This ensures that the result conforms to or exceeds the specified significance, maintaining consistency with the intended criteria or constraints.

Related functions

FLOOR
MROUND
ROUND
ROUNDDOWN
ROUNDUP