Is the price fair?
What CIEN's price assumes
Ciena trades at 76.1× earnings against 36.7× for the median Communication Equipment name, more expensive than its own group.
76.1
Trailing P/E · Communication Equipment median 36.7 · 2.08× the median: the market pays up for this one
- Price / sales
- 14.1
Price / sales · as of 2026-Q2
- Free cash flow yield
- 1.3%
Free cash flow yield · Communication Equipment median 3.3%
- Growth the price implies
- +23%
Growth the price implies · The price pays for +23% free cash flow growth a year for a decade; revenue has grown +13% a year over the last three.
Details›
- Price / book2026-Q2
- 27.1
- EV / EBIT2026-Q2
- 154
- EV / sales2026-Q2
- 14.2
- Technology median P/E365 names
- 36.5
- Communication Equipment median P/E21 names
- 36.7
- Free cash flow, trailing twelve months
- $814M
- Market capitalisation
- $60.6B
- 3-year revenue growth
- +13%
| Method | Per share |
|---|---|
| What its own history would imply | not meaningful, 160× today against a 32.6× median |
| 52-week range | $86.64 – $627.00 |
| Today | $341.11 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Communication Equipment
The closest names by size in the same industry