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Saturday 17 October 2026 Export CIEN’s income statement to Excel — free account

Ciena Corporation

CIEN Technology Communication Equipment

Ciena Corporation’s revenue for fiscal 2025 (year ended October 2025) was $4.8 billion, up 18.8% from fiscal 2024. In the quarter to July 2026, revenue grew 37.1%, EPS grew 437.1%, free cash flow fell 13.6% and total debt rose 110.0%, each against the same quarter a year earlier. Member of the S&P 500; operating cash flow growth for three consecutive years.

332.73 23.79 −6.67%
Market cap
$50.6B
P/E
72.0×
Fwd P/E
94.0×
Dividend yield
—
F-score
7/9
Altman Z
5.80
Beneish M
−2.92
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Ciena Corporation (CIEN) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Ciena Corporation (CIEN) trades at a P/B ratio of 15.5×. Over the past ten years it has ranged from 0.0× (April 2015) to 30.8× (June 2026); the current reading is higher than 92% of that period. That is above the Communication Equipment industry median of 2.0× and above the Technology sector median of 2.7×.

P/B ratio, daily

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Annual newest first

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 newest first

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

Against its own ten years

Low 0.0× High 30.8×
Ten-year median 3.2×
Current reading's percentile 94

P/B ratio against peers

Company P/B ratio
NOK Nokia Corporation compare 2.1×
HPE Hewlett Packard Enterprise Company compare 2.8×
ERIC Ericsson compare 3.1×
ASTS AST SpaceMobile, Inc. compare 5.1×
ZBRA Zebra Technologies Corporation compare 5.1×
LITE Lumentum Holdings Inc. compare 13.2×
CIEN Ciena Corporation 15.5×
UI Ubiquiti Inc. compare 25.2×
MSI Motorola Solutions, Inc. compare 28.6×
Communication Equipment industry median 2.0×
Technology sector median 2.7×
Market median 1.7×

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))

The full definition of P/B ratio →

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