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CIEN Ciena PE ratio, current and historical analysis

As of Jun 12, 2024, the Ciena stock's PE ratio is 46.9. This takes into account the latest EPS of $1.04 and stock price of $48.78. The PE ratio marks an increase of 44% from its last 4 quarters average of 32.5.

CIEN PE ratio history

How has CIEN's PE ratio performed in the past

The PE ratio of Ciena has averaged 42.42 over the last nine years. The current P/E ratio of 46.9 is 11% higher than the historical average. Looking back at the last nine years, CIEN's PE ratio peaked in the Oct 2015 quarter at 241.4, when the price was $24.14 and the EPS was $0.1. The lowest point was in the Oct 2017 quarter, when it reached 2.39 with a price of $21.27 and an EPS of $8.89.

Average
42.42
Median
27.19
Minimum
2.39
Maximum
241.4

Ciena PE ratio by year

Maximum annual increase: 183.33% in 2022

Maximum annual decrease: -93.59% in 2017

Year PE ratio Change
2023 23.99 -49.78%
2022 47.77 183.33%
2021 16.86 0.18%
2020 16.83 -26.09%
2019 22.77 N/A
2018 N/A N/A
2017 2.39 -93.59%
2016 37.27 -84.56%
2015 241.4 N/A
2014 N/A N/A

CIEN average PE ratio chart

What is the average PE ratio of CIEN for the past years

The current PE ratio of CIEN is higher than its 3, 5 and 10-year averages.

3-year avg
30.87
5-year avg
27.63
10-year avg
42.42
15-year avg
42.42

CIEN PE vs peers

What is CIEN's PE ratio compared to its peers

CIEN's PE ratio stands lower than its peer stocks JNPR and CALX, but it is higher than CSCO's.

Stock name PE ratio Market cap
CSCO Cisco Systems Inc 15.22 $183.39B
CIEN Ciena Corp 46.48 $6.95B
JNPR Juniper Networks Inc 50.07 $11.55B
CALX Calix Inc 118.87 $2.34B
ADTN Adtran Inc N/A $401.12M
INFN Infinera Corp N/A $1.23B

Frequently asked questions

What is Ciena's PE ratio?

The price to earnings ratio for CIEN stock is 46.9 as of Jun 12, 2024.

What is the 3-year average PE ratio for Ciena (CIEN)?

The 3-year average price to earnings ratio for CIEN stock is 30.87.

What is the 5-year average PE ratio for Ciena (CIEN)?

The 5-year average price to earnings ratio for CIEN stock is 27.63.

What is the highest PE ratio for CIEN?

The highest quarterly PE ratio in the last nine years has been 241.4 and it was in the Oct 2015 quarter.

How does the current PE ratio for CIEN compare to its historical average?

CIEN's price to earnings ratio is currently 11% above its 9-year historical average.

How is CIEN's PE ratio calculated (Ciena PE ratio formula)?

The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 12, 2024), Ciena's share price is $48.78. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $1.04. Therefore, Ciena's PE ratio for today is 46.9. PE RATIO(46.9) = STOCK PRICE($48.78) / TTM EPS($1.04)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.