CIEN
Price:
$70.13
Market Cap:
$10.13B
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
According to Ciena Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 74.61. This represents a change of 267.09% compared to the average of 20.32 of the last 4 quarters.
The mean historical PE Ratio of Ciena Corporation over the last ten years is 35.63. The current 74.61 PE Ratio has changed 20.84% 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.
Average
35.63
Median
19.83
Minimum
-43.63
Maximum
245.01
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
Year | PE Ratio | Change |
---|---|---|
2023 | 23.98 | -49.74% |
2022 | 47.72 | 183.12% |
2021 | 16.85 | 0.19% |
2020 | 16.82 | -26.25% |
2019 | 22.81 | -281.51% |
2018 | -12.57 | -625.02% |
2017 | 2.39 | -93.52% |
2016 | 36.93 | -84.93% |
2015 | 245.01 | -661.59% |
2014 | -43.63 | 56.49% |
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’s PE Ratio is greater than Extreme Networks, Inc. (-16.80), greater than Hewlett Packard Enterprise Company (15.63), greater than NETGEAR, Inc. (35.62), greater than Motorola Solutions, Inc. (53.59), greater than Lumentum Holdings Inc. (-10.85), greater than ADTRAN Holdings, Inc. (-1.32), greater than Gilat Satellite Networks Ltd. (18.07), greater than Viavi Solutions Inc. (-59.95), greater than Infinera Corporation (-14.09), greater than Applied Optoelectronics, Inc. (-19.87), greater than Juniper Networks, Inc. (47.28), greater than Harmonic Inc. (17.09), greater than Digi International Inc. (53.39), greater than Clearfield, Inc. (-34.60), greater than Comtech Telecommunications Corp. (-1.09),
Company | PE Ratio | Market cap |
---|---|---|
-16.80 | $2.12B | |
15.63 | $28.70B | |
35.62 | $699.11M | |
53.59 | $83.71B | |
-10.85 | $6.12B | |
-1.32 | $683.13M | |
18.07 | $298.77M | |
-59.95 | $2.24B | |
-14.09 | $1.57B | |
-19.87 | $1.71B | |
47.28 | $11.89B | |
17.09 | $1.45B | |
53.39 | $1.20B | |
-34.60 | $432.52M | |
-1.09 | $94.97M |
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