Ciena Corporation CIEN
356.91
(1.52)
(0.42%)
as of 25 Sep
- Market cap
- $51.7B
- P/E
- 77.3×
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Ciena Corporation (CIEN) P/B ratio
As of 25 September 2026, Ciena Corporation (CIEN) trades at a P/B ratio of 16.6×. Over the past ten years it has ranged from 0.0× (April 2015) to 30.8× (June 2026); the current reading is higher than 93% of that period. That is above the Communication Equipment industry median of 2.4× and above the Technology sector median of 3.0×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 9.9× | 203.24% |
| FY2024 | 3.3× | 47.87% |
| FY2023 | 2.2× | (17.33%) |
| FY2022 | 2.7× | (6.04%) |
| FY2021 | 2.8× | 18.05% |
| FY2020 | 2.4× | (9.53%) |
| FY2019 | 2.7× | 14.23% |
| FY2018 | 2.3× | 64.73% |
| FY2017 | 1.4× | (59.58%) |
| FY2016 | 3.5× | (24.93%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jul 2026 | 17.5× | (32.33%) |
| Apr 2026 | 25.9× | 90.08% |
| Jan 2026 | 13.6× | 37.65% |
| Oct 2025 | 9.9× | 109.47% |
| 43 more quarters | Free account |
Against its own ten years
Low 0.0×
High 30.8×
Ten-year median
3.1×
Current reading's percentile
93
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| NOK Nokia Corporation compare | 2.3× |
| ERIC Ericsson compare | 2.8× |
| HPE Hewlett Packard Enterprise Company compare | 3.2× |
| ZBRA Zebra Technologies Corporation compare | 5.1× |
| ASTS AST SpaceMobile, Inc. compare | 7.7× |
| LITE Lumentum Holdings Inc. compare | 15.1× |
| CIEN Ciena Corporation | 16.6× |
| UI Ubiquiti Inc. compare | 23.6× |
| MSI Motorola Solutions, Inc. compare | 28.1× |
| Communication Equipment industry median | 2.4× |
| Technology sector median | 3.0× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
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
- Price to free cash flow
- EV/EBITDA
- 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