GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ciena Corp (MEX:CIEN) » Definitions » Shiller PE Ratio

Ciena (MEX:CIEN) Shiller PE Ratio : 45.56 (As of Jul. 24, 2025)


View and export this data going back to 2022. Start your Free Trial

What is Ciena Shiller PE Ratio?

As of today (2025-07-24), Ciena's current share price is MXN1616.00. Ciena's E10 for the quarter that ended in Apr. 2025 was MXN35.47. Ciena's Shiller PE Ratio for today is 45.56.

The historical rank and industry rank for Ciena's Shiller PE Ratio or its related term are showing as below:

MEX:CIEN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 23.29   Med: 36.81   Max: 472.67
Current: 42.46

During the past years, Ciena's highest Shiller PE Ratio was 472.67. The lowest was 23.29. And the median was 36.81.

MEX:CIEN's Shiller PE Ratio is ranked worse than
67.1% of 1313 companies
in the Hardware industry
Industry Median: 26.44 vs MEX:CIEN: 42.46

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ciena's adjusted earnings per share data for the three months ended in Apr. 2025 was MXN1.175. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN35.47 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciena Shiller PE Ratio Historical Data

The historical data trend for Ciena's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ciena Shiller PE Ratio Chart

Ciena Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.54 49.12 32.29 23.23 32.18

Ciena Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.24 27.71 32.18 42.71 32.87

Competitive Comparison of Ciena's Shiller PE Ratio

For the Communication Equipment subindustry, Ciena's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ciena's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ciena's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ciena's Shiller PE Ratio falls into.


;
;

Ciena Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ciena's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1616.00/35.47
=45.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ciena's E10 for the quarter that ended in Apr. 2025 is calculated as:

For example, Ciena's adjusted earnings per share data for the three months ended in Apr. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=1.175/135.3468*135.3468
=1.175

Current CPI (Apr. 2025) = 135.3468.

Ciena Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201507 3.052 100.691 4.102
201510 -1.653 100.346 -2.230
201601 -1.457 99.957 -1.973
201604 1.719 100.947 2.305
201607 4.315 101.524 5.753
201610 4.697 101.988 6.233
201701 0.625 102.456 0.826
201704 4.734 103.167 6.211
201707 6.965 103.278 9.128
201710 140.024 104.070 182.107
201801 -61.265 104.578 -79.291
201804 1.689 105.708 2.163
201807 6.323 106.324 8.049
201810 6.887 106.695 8.736
201901 4.001 106.200 5.099
201904 6.268 107.818 7.868
201907 10.446 108.250 13.061
201910 9.779 108.577 12.190
202001 7.556 108.841 9.396
202004 14.148 108.173 17.702
202007 20.226 109.318 25.042
202010 8.936 109.861 11.009
202101 7.089 110.364 8.694
202104 13.312 112.673 15.991
202107 30.166 115.183 35.447
202110 13.564 116.696 15.732
202201 5.985 118.619 6.829
202204 5.090 121.978 5.648
202207 1.425 125.002 1.543
202210 7.741 125.734 8.333
202301 9.587 126.223 10.280
202304 6.835 127.992 7.228
202307 3.344 128.974 3.509
202310 11.193 129.810 11.670
202401 5.840 130.124 6.074
202404 -2.048 132.289 -2.095
202407 1.860 132.708 1.897
202410 5.008 133.182 5.089
202501 6.395 134.029 6.458
202504 1.175 135.347 1.175

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ciena  (MEX:CIEN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Ciena Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Ciena's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ciena Business Description

Traded in Other Exchanges
Address
7035 Ridge Road, Hanover, MD, USA, 21076
Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms which generates maximum revenue; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, the company derives a majority of its revenue from the Americas, and the rest from the Asia-Pacific (APAC), and Europe, Middle East, and Africa (EMEA) region.