Ciena Corporation

Ciena Corporationverified

CIEN

Price:

$50.16

Market Cap:

$7.21B

Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-...[Read more]

Industry

Communication Equipment

IPO Date

1997-02-07

Stock Exchange

NYSE

Ticker

CIEN

The PE Ratio as of July 2024 (TTM) for Ciena Corporation (CIEN) is 48.23

According to Ciena Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 48.23. This represents a change of 2.92% compared to the average of 1.60 of the last 4 quarters.

Ciena Corporation (CIEN) Historical PE Ratio (quarterly & annually)

How has CIEN PE Ratio performed in the past?

The mean historical PE Ratio of Ciena Corporation over the last ten years is 35.63. The current 48.23 PE Ratio has changed 13.44% with respect to the historical average. Over the past ten years (40 quarters), CIEN's PE Ratio was at its highest in in the January 2017 quarter at 221.72. The PE Ratio was at its lowest in in the April 2024 quarter at -100.22.

Quarterly (TTM)
Annual

Average

35.63

Median

19.83

Minimum

-43.63

Maximum

245.01

Ciena Corporation (CIEN) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Ciena Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 183.12%

Maximum Annual PE Ratio = 245.01

Minimum Annual Increase = -661.59%

Minimum Annual PE Ratio = -43.63

Quarterly (TTM)
Annual
YearPE RatioChange
202323.98-49.74%
202247.72183.12%
202116.850.19%
202016.82-26.25%
201922.81-281.51%
2018-12.57-625.02%
20172.39-93.52%
201636.93-84.93%
2015245.01-661.59%
2014-43.6356.49%

Ciena Corporation (CIEN) Average PE Ratio

How has CIEN PE Ratio performed in the past?

The current PE Ratio of Ciena Corporation (CIEN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

29.52

5-year avg

25.64

10-year avg

35.63

Ciena Corporation (CIEN) PE Ratio vs. Peers

How is CIEN’s PE Ratio compared to its peers?

Ciena Corporation’s PE Ratio is greater than Extreme Networks, Inc. (-284.36), greater than Hewlett Packard Enterprise Company (14.34), greater than NETGEAR, Inc. (-4.14), greater than Motorola Solutions, Inc. (47.04), greater than Lumentum Holdings Inc. (-9.88), greater than ADTRAN Holdings, Inc. (-0.94), greater than Gilat Satellite Networks Ltd. (11.71), greater than Viavi Solutions Inc. (-416.27), greater than Infinera Corporation (-17.82), greater than Applied Optoelectronics, Inc. (-5.29), less than Juniper Networks, Inc. (51.82), greater than Harmonic Inc. (19.10), less than Digi International Inc. (68.29), greater than Clearfield, Inc. (-186.49), greater than Comtech Telecommunications Corp. (-7.70),

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