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

Ciena Corporation (CIEN) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Ciena Corporation (CIEN) trades at a P/E ratio of 50.6×. Over the past ten years it has ranged from 0.0× (January 2019) to 323× (April 2026); the current reading is higher than 72% of that period. That is above the Communication Equipment industry median of 29.9× and above the Technology sector median of 25.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 221× 101.68%
FY2024 110× 346.30%
FY2023 24.5× (47.75%)
FY2022 47.0× 173.64%
FY2021 17.2× 2.57%
FY2020 16.7× (26.08%)
FY2019 22.6× —
FY2018 0.0× —
FY2017 2.4× (93.54%)
FY2016 37.3× (83.22%)

Quarterly newest first

Period P/E ratio Change
Jul 2026 81.6× (52.20%)
Apr 2026 171× 2.38%
Jan 2026 167× (24.49%)
Oct 2025 221× 133.11%
43 more quarters

Against its own ten years

Low 0.0× High 323×
Ten-year median 29.8×
Current reading's percentile 71

P/E ratio against peers

Company P/E ratio
LITE Lumentum Holdings Inc. compare n/m
ASTS AST SpaceMobile, Inc. compare n/m
ERIC Ericsson compare 17.2×
HPE Hewlett Packard Enterprise Company compare 22.3×
ZBRA Zebra Technologies Corporation compare 25.9×
UI Ubiquiti Inc. compare 32.4×
MSI Motorola Solutions, Inc. compare 41.3×
NOK Nokia Corporation compare 47.1×
CIEN Ciena Corporation 50.6×
Communication Equipment industry median 29.9×
Technology sector median 25.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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