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Ciena (STU:CIE1) Cyclically Adjusted PS Ratio : 2.82 (As of Jun. 02, 2025)


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What is Ciena Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Ciena's current share price is €71.54. Ciena's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 was €25.40. Ciena's Cyclically Adjusted PS Ratio for today is 2.82.

The historical rank and industry rank for Ciena's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:CIE1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.87   Max: 3.68
Current: 3.02

During the past years, Ciena's highest Cyclically Adjusted PS Ratio was 3.68. The lowest was 1.02. And the median was 1.87.

STU:CIE1's Cyclically Adjusted PS Ratio is ranked worse than
75.69% of 1839 companies
in the Hardware industry
Industry Median: 1.13 vs STU:CIE1: 3.02

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ciena's adjusted revenue per share data for the three months ended in Jan. 2025 was €7.097. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €25.40 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciena Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ciena's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Ciena Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 2.39 1.95 1.65 2.42

Ciena Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Cyclically Adjusted PS 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 2.06 1.77 2.02 2.42 3.29

Competitive Comparison of Ciena's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Ciena's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ciena's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ciena's Cyclically Adjusted PS Ratio falls into.


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Ciena Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ciena's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=71.54/25.40
=2.82

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Ciena's adjusted Revenue per Share data for the three months ended in Jan. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=7.097/134.0288*134.0288
=7.097

Current CPI (Jan. 2025) = 134.0288.

Ciena Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201504 4.487 99.824 6.024
201507 4.114 100.691 5.476
201510 4.508 100.346 6.021
201601 3.862 99.957 5.178
201604 4.064 100.947 5.396
201607 3.583 101.524 4.730
201610 3.503 101.988 4.604
201701 4.109 102.456 5.375
201704 3.991 103.167 5.185
201707 3.671 103.278 4.764
201710 3.399 104.070 4.377
201801 3.681 104.578 4.718
201804 4.021 105.708 5.098
201807 4.381 106.324 5.523
201810 5.447 106.695 6.842
201901 4.312 106.200 5.442
201904 4.864 107.818 6.046
201907 5.442 108.250 6.738
201910 5.588 108.577 6.898
202001 4.819 108.841 5.934
202004 5.302 108.173 6.569
202007 5.436 109.318 6.665
202010 4.497 109.861 5.486
202101 3.970 110.364 4.821
202104 4.444 112.673 5.286
202107 5.333 115.183 6.206
202110 5.727 116.696 6.578
202201 4.791 118.619 5.413
202204 5.732 121.978 6.298
202207 5.671 125.002 6.081
202210 6.608 125.734 7.044
202301 6.556 126.223 6.961
202304 6.880 127.992 7.204
202307 6.437 128.974 6.689
202310 7.231 129.810 7.466
202401 6.532 130.124 6.728
202404 5.858 132.289 5.935
202407 5.977 132.708 6.036
202410 7.045 133.182 7.090
202501 7.097 134.029 7.097

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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  (STU:CIE1) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ciena Cyclically Adjusted PS Ratio Related Terms

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


Ciena Business Description

Industry
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.

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