Pricing Log in Create free account
Friday 6 November 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.

Revenue
+37.1%
EPS
+437.1%
Free cash flow
−13.6%
Total debt
+110.0%

Quarter to July 2026, against a year earlier

241.50 10.69 +4.63%
Market cap
$32.7B
P/E
50.6×
Fwd P/E
55.3×
Dividend yield
—
F-score
7/9
Altman Z
5.80
Beneish M
−2.92
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Ciena Corporation (CIEN) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Ciena Corporation (CIEN) trades at a P/B ratio of 10.9×. Over the past ten years it has ranged from 0.0× (April 2015) to 30.8× (June 2026); the current reading is higher than 88% of that period. That is above the Communication Equipment industry median of 1.7× and above the Technology sector median of 2.5×.

P/B ratio, daily

Embed this chart

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 92

P/B ratio against peers

Company P/B ratio
NOK Nokia Corporation compare 1.7×
HPE Hewlett Packard Enterprise Company compare 2.3×
ERIC Ericsson compare 3.0×
ASTS AST SpaceMobile, Inc. compare 3.8×
ZBRA Zebra Technologies Corporation compare 4.3×
LITE Lumentum Holdings Inc. compare 10.5×
CIEN Ciena Corporation 10.9×
UI Ubiquiti Inc. compare 21.6×
MSI Motorola Solutions, Inc. compare 27.8×
Communication Equipment industry median 1.7×
Technology sector median 2.5×
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 →

More on CIEN