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Ciena CIEN Price / sales

Price / sales at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
5.9×+1.9×
Keysight Technologies logo
Keysight TechnologiesKEYS
9.9×+5.0×
Celestica logo
CelesticaCLS
2.3×+1.4×
Credo Technology Group Holding Ltd logo
Credo Technology Group Holding LtdCRDO
24×+7.6×
Coherent logo
CoherentCOHR
6.8×+5.0×
Astera Labs, Inc. logo
Astera Labs, Inc.ALAB
18.6×-1.1×

Other financials

Income statement

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Revenue$1.6B+39.5%
Gross profit$691.6M+52.7%
Operating income$237.9M+624%
Net income$218.2M+2,333%
EPS (diluted)$1.49+2,383%

Balance sheet

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Cash & equivalents$1.0B+10.0%
Total debt$1.6B-0.8%
Total equity$2.9B+4.2%
Total assets$6.0B+6.7%

Cash flow

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Operating cash flow$259.7M+65.5%
CapEx$41.0M+42.8%
Free cash flow$218.7M+70.6%

Valuation

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Market cap$61.82B+716%
Enterprise value$62.35B+668%
P/E141×+68.8×

Profitability

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Gross margin43%+1.1pp
Operating margin9.2%+4.5pp
Net margin7.9%+5.4pp

Returns & leverage

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Return on equity15.5%+11.8pp
Debt / equity0.5×0.0×
Current ratio2.7×-0.7×

Where this comes from

Calculated from Ciena’s reported figures.

Based on the most recent quarter.

The official record: Ciena’s 10-Q, filed June 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ciena's price / sales?
Ciena (CIEN) reported price / sales of 13.4× in Q1 2026.
How has Ciena's price / sales changed year-over-year?
Ciena's price / sales increased by 525.1% year-over-year, from 2.1× to 13.4×.
What is the long-term trend for Ciena's price / sales?
Over 4 years (2021 to 2025), Ciena's price / sales has grown at a 9.1% compound annual growth rate (CAGR), from 9.7× to 13.7×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.