Is the price fair?
What CIEN's price assumes
Ciena trades at 135× earnings against 43.5× for the median Communication Equipment name, more expensive than its own group.
135
Trailing P/E · Communication Equipment median 43.5 · 3.10× the median: the market pays up for this one
- Price / sales
- 14.1
Price / sales · as of 2026-Q2
- Free cash flow yield
- 1.4%
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 +11% a year over the last three.
Details›
- Price / book2026-Q2
- 27.1
- EV / EBIT2026-Q2
- 154
- EV / sales2026-Q2
- 14.2
- Technology median P/E376 names
- 37.0
- Communication Equipment median P/E21 names
- 43.5
- Free cash flow, trailing twelve months
- $833M
- Market capitalisation
- $60.6B
- 3-year revenue growth
- +11%
| Method | Per share |
|---|---|
| What its own history would imply | not meaningful, 163× today against a 32.6× median |
| 52-week range | $86.64 – $627.00 |
| Today | $403.92 |
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
Ranks #17 of 21 by Smart Score