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.
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Ciena Corporation (CIEN) P/E ratio
As of 16 October 2026, Ciena Corporation (CIEN) trades at a P/E ratio of 72.0×. Over the past ten years it has ranged from 0.0× (January 2019) to 323× (April 2026); the current reading is higher than 75% of that period. That is above the Communication Equipment industry median of 33.5× and above the Technology sector median of 28.2×.
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 | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| LITE Lumentum Holdings Inc. compare | n/m |
| ASTS AST SpaceMobile, Inc. compare | n/m |
| NOK Nokia Corporation compare | 4.9× |
| ERIC Ericsson compare | 13.6× |
| HPE Hewlett Packard Enterprise Company compare | 27.4× |
| ZBRA Zebra Technologies Corporation compare | 33.5× |
| MSI Motorola Solutions, Inc. compare | 36.1× |
| UI Ubiquiti Inc. compare | 37.8× |
| CIEN Ciena Corporation | 72.0× |
| Communication Equipment industry median | 33.5× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
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)
More on CIEN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement