CIENCiena

$449.80+226% 1Y

$449.80

$137.1752 weeks$627.00

Is the price fair?

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A demanding price: priced for +23% a year vs +13% a year delivered, at the top of its own P/E range, and rich vs its sector.

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What the price assumes~+23% a year

Priced for ~23% a year FCF growth. The price demands more than its three-year revenue growth of 13% a year, priced for acceleration.

Vs its own P/E rangedearer than 85% of its own historyderived

Expensive vs its own history: P/E 100.4 vs a 31.5 median over 39 quarters (+218% vs median).

Vs sector (EV/EBIT)82.8×

Sector median 30.5× across 203 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Unless marked, from derived, as of Aug 1, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)bottom 6% of the market

FCF yieldbottom 9% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What CIEN's price assumes

Ciena trades at 100× earnings against 39.8× for the median Communication Equipment name, more expensive than its own group.

100

Trailing P/E · Communication Equipment median 39.8 · 2.53× the median: the market pays up for this one

Price / sales: 10.1
Price / sales · today's price, trailing year to Aug 1, 2026
Free cash flow yield: 1.3%
Free cash flow yield · Communication Equipment median 3.0%
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.