Ciena Corporation CIEN
- Market cap
- $51.7B
- P/E
- 77.3×
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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 | Free account |
Against its own ten years
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)
More on CIEN
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement