Ciena Corporation

Ciena Corporationverified

CIEN

Price:

$66.51

Market Cap:

$9.61B

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 ROE as of October 2024 (TTM) for Ciena Corporation (CIEN) is 4.79%

According to Ciena Corporation’s latest financial reports and current stock price. The company's current ROE is 4.79%. This represents a change of 298.56% compared to the average of 1.20% of the last 4 quarters.

Ciena Corporation (CIEN) Historical ROE (quarterly & annually)

How has CIEN ROE performed in the past?

The mean historical ROE of Ciena Corporation over the last ten years is 16.81%. The current 4.79% ROE has changed -71.53% with respect to the historical average. Over the past ten years (40 quarters), CIEN's ROE was at its highest in in the October 2017 quarter at 54.30%. The ROE was at its lowest in in the January 2018 quarter at -26.95%.

Quarterly (TTM)
Annual

Average

16.81%

Median

10.57%

Minimum

-17.87%

Maximum

59.07%

Ciena Corporation (CIEN) ROE by Quarter and Year

Discovering the peaks and valleys of Ciena Corporation ROE, 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 = 523.67%

Maximum Annual ROE = 59.07%

Minimum Annual Increase = -165.29%

Minimum Annual ROE = -17.87%

Quarterly (TTM)
Annual
YearROEChange
20238.95%58.73%
20225.64%-65.97%
202116.56%15.05%
202014.40%23.42%
201911.66%-165.29%
2018-17.87%-130.24%
201759.07%523.67%
20169.47%404.04%
20151.88%-96.78%
201458.37%-43.51%

Ciena Corporation (CIEN) Average ROE

How has CIEN ROE performed in the past?

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

3-year avg

10.38%

5-year avg

11.44%

10-year avg

16.81%

Ciena Corporation (CIEN) ROE vs. Peers

How is CIEN’s ROE compared to its peers?

Ciena Corporation’s ROE is greater than Extreme Networks, Inc. (-112.04%), less than Hewlett Packard Enterprise Company (8.59%), greater than NETGEAR, Inc. (-29.48%), less than Motorola Solutions, Inc. (243.09%), greater than Lumentum Holdings Inc. (-46.29%), greater than ADTRAN Holdings, Inc. (-126.27%), less than Gilat Satellite Networks Ltd. (7.20%), greater than Viavi Solutions Inc. (-3.70%), greater than Infinera Corporation (-61.49%), greater than Applied Optoelectronics, Inc. (-37.19%), less than Juniper Networks, Inc. (5.25%), less than Harmonic Inc. (14.36%), less than Digi International Inc. (3.10%), greater than Clearfield, Inc. (-3.06%), greater than Comtech Telecommunications Corp. (-2.26%),

Build a custom stock screener for Ciena Corporation (CIEN) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Ciena Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Ciena Corporation (CIEN) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Ciena Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Ciena Corporation's ROE?

How is the ROE calculated for Ciena Corporation (CIEN)?

What is the highest ROE for Ciena Corporation (CIEN)?

What is the 3-year average ROE for Ciena Corporation (CIEN)?

What is the 5-year average ROE for Ciena Corporation (CIEN)?

How does the current ROE for Ciena Corporation (CIEN) compare to its historical average?