Ciena forward PE CIEN

Share price divided by analysts' consensus earnings for the next twelve months, since 1997.

Today, Oct 23, 2026: 30.8×
10-year median: 22.1×
Against its 10-year history: 75th; percentile: 0 is its lowest day, 100 its highest
10-year range: 12.3× to 76.6×
Peer median: 29.9×

Ciena's forward PE is 30.8× as of Oct 23, 2026.

That is above its ten-year median of 22.1×, higher than on 75% of days in the last ten years.

Over that time it ranged from 12.3× in Nov 2016 to 76.6× in May 2026.

The median for 7 communication equipment stocks of a similar size is 29.9×.

Forward PE over time

median 22.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	30.8×	30.8×	76.6×
2025	37.6×	17.9×	43.1×
2024	38.7×	24.2×	40.0×
2023	29.1×	18.8×	30.9×
2022	23.3×	22.1×	52.0×
2021	54.7×	19.1×	54.7×
2020	20.4×	15.0×	25.4×
2019	18.3×	15.0×	22.8×
2018	17.3×	15.1×	19.6×
2017	16.4×	15.3×	19.8×
2016	15.5×	11.2×	16.5×
2015	16.4×	15.4×	24.3×
2014	16.5×	14.4×	43.2×
2013	40.1×	30.3×	62.1×
2012	59.0×	59.0×	61.1×
2011	n/m a value too high to mean anything
2010	n/m a value too high to mean anything
2009	17.8×	15.5×	17.8×
2008	13.9×	12.8×	29.8×
2007	27.7×	25.4×	47.3×

Against its peers

Companies in Communication Equipment nearest Ciena's size, closest first, today.

Company	Forward PE
CIENCiena	30.8×
UIUbiquiti	33.2×
LITELumentum	34.8×
MSIMotorola Solutions	26.6×
ZBRAZebra Technologies	n/m
FNFabrinet	n/m
ESEEsco Technologies	n/m
CSCOCisco Systems	20.9×
Peer median	29.9×

Where Ciena ranks

#66of 95Technology stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Ciena

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.