Ciena Corporation CIEN

356.91 (1.52) (0.42%) as of 25 Sep
Market cap
$51.7B
P/E
77.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Ciena Corporation (CIEN) EV/EBITDA

As of 25 September 2026, Ciena Corporation (CIEN) trades at a EV/EBITDA of 56.1×. Over the past ten years it has ranged from 8.3× (November 2017) to 162× (April 2026); the current reading is higher than 92% of that period. That is above the Communication Equipment industry median of 13.8× and above the Technology sector median of 15.7×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 80.6× 155.08%
FY2024 31.6× 134.81%
FY2023 13.5× (31.78%)
FY2022 19.7× 61.79%
FY2021 12.2× 37.75%
FY2020 8.9× (23.79%)
FY2019 11.6× (7.99%)
FY2018 12.6× 40.38%
FY2017 9.0× (7.02%)
FY2016 9.7× (29.50%)

Quarterly

Period EV/EBITDA Change
Jul 2026 59.3× (46.94%)
Apr 2026 112× 33.37%
Jan 2026 83.8× 3.89%
Oct 2025 80.6× 130.77%
43 more quarters

Against its own ten years

Low 8.3× High 162×
Ten-year median 14.1×
Current reading's percentile 92

EV/EBITDA against peers

Company EV/EBITDA
ASTS AST SpaceMobile, Inc. compare n/m
ERIC Ericsson compare 6.7×
HPE Hewlett Packard Enterprise Company compare 12.3×
ZBRA Zebra Technologies Corporation compare 18.1×
MSI Motorola Solutions, Inc. compare 23.3×
NOK Nokia Corporation compare 26.1×
UI Ubiquiti Inc. compare 28.0×
CIEN Ciena Corporation 56.1×
LITE Lumentum Holdings Inc. compare 86.9×
Communication Equipment industry median 13.8×
Technology sector median 15.7×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on CIEN