Ciena Corporation CIEN

356.91 (1.52) (0.42%) as of 25 Sep
Market cap
$51.7B
P/E
77.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Ciena Corporation (CIEN) P/S ratio

As of 25 September 2026, Ciena Corporation (CIEN) trades at a P/S ratio of 8.4×. Over the past ten years it has ranged from 0.8× (January 2016) to 16.0× (June 2026); the current reading is higher than 95% of that period. That is above the Communication Equipment industry median of 2.2× and above the Technology sector median of 2.9×.

P/S ratio, daily

Annual

Period P/S ratio Change
FY2025 5.7× 147.39%
FY2024 2.3× 59.74%
FY2023 1.4× (28.12%)
FY2022 2.0× (15.87%)
FY2021 2.4× 38.58%
FY2020 1.7× 5.68%
FY2019 1.6× 11.44%
FY2018 1.5× 34.70%
FY2017 1.1× 4.59%
FY2016 1.0× (12.87%)

Quarterly

Period P/S ratio Change
Jul 2026 8.9× (33.84%)
Apr 2026 13.4× 81.15%
Jan 2026 7.4× 31.08%
Oct 2025 5.7× 95.31%
43 more quarters

Against its own ten years

Low 0.8× High 16.0×
Ten-year median 1.8×
Current reading's percentile 95

P/S ratio against peers

Company P/S ratio
ERIC Ericsson compare 1.3×
HPE Hewlett Packard Enterprise Company compare 2.0×
NOK Nokia Corporation compare 2.5×
ZBRA Zebra Technologies Corporation compare 3.0×
MSI Motorola Solutions, Inc. compare 6.2×
CIEN Ciena Corporation 8.4×
UI Ubiquiti Inc. compare 10.4×
LITE Lumentum Holdings Inc. compare 23.3×
ASTS AST SpaceMobile, Inc. compare 160×
Communication Equipment industry median 2.2×
Technology sector median 2.9×
Market median 2.0×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on CIEN