CIEN Ciena PE ratio, current and historical analysis
As of Nov 21, 2024, the Ciena stock's PE ratio is 72.52. This takes into account the latest EPS of $0.94 and stock price of $68.17. The PE ratio marks an increase of 87% from its last 4 quarters average of 38.8.
CIEN PE ratio history
The PE ratio of Ciena has averaged 42.74 over the last ten years. The current P/E ratio of 72.52 is 70% higher than the historical average. Looking back at the last ten 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.
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
The current PE ratio of CIEN is higher than its 3, 5 and 10-year averages.
CIEN PE vs peers
CIEN's PE ratio stands higher than its peer stocks CSCO and JNPR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CSCO Cisco Systems Inc | 24.6 | $229.25B |
| JNPR Juniper Networks Inc | 46.01 | $11.73B |
| CIEN Ciena Corp | 72.52 | $9.85B |
| ADTN Adtran Inc | N/A | $646.67M |
| INFN Infinera Corp | N/A | $1.57B |
| CALX Calix Inc | N/A | $2.13B |
Frequently asked questions
What is Ciena's PE ratio?
The price to earnings ratio for CIEN stock is 72.52 as of Nov 21, 2024.
What is the 3-year average PE ratio for Ciena (CIEN)?
The 3-year average price to earnings ratio for CIEN stock is 35.21.
What is the 5-year average PE ratio for Ciena (CIEN)?
The 5-year average price to earnings ratio for CIEN stock is 29.17.
What is the highest PE ratio for CIEN?
The highest quarterly PE ratio in the last ten 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 70% above its 10-year historical average.
Why is Ciena's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
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 (Nov 21, 2024), Ciena's share price is $68.17. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $0.94. Therefore, Ciena's PE ratio for today is 72.52. PE RATIO(72.52) = STOCK PRICE($68.17) / TTM EPS($0.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.