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Ciena (MEX:CIEN) Price-to-Tangible-Book : 4.69 (As of Jun. 25, 2025)


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What is Ciena Price-to-Tangible-Book?

As of today (2025-06-25), Ciena's share price is MXN1417.00. Ciena's Tangible Book per Share of Apr. 2025 for the quarter that ended in Apr. 2025 was MXN302.01. Hence, Ciena's Price to Tangible Book Ratio of today is 4.69.

The historical rank and industry rank for Ciena's Price-to-Tangible-Book or its related term are showing as below:

MEX:CIEN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.72   Med: 3.59   Max: 34.02
Current: 5.15

During the past 13 years, Ciena's highest Price to Tangible Book Ratio was 34.02. The lowest was 1.72. And the median was 3.59.

MEX:CIEN's Price-to-Tangible-Book is ranked worse than
81.54% of 2275 companies
in the Hardware industry
Industry Median: 2.12 vs MEX:CIEN: 5.15

A closely related ratio is called PB Ratio. As of today, Ciena's share price is MXN1417.00. Ciena's Book Value per Sharefor the quarter that ended in Apr. 2025 was MXN383.90. Hence, Ciena's P/B Ratio of today is 3.69.


Ciena Price-to-Tangible-Book Historical Data

The historical data trend for Ciena's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Ciena Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.73 4.22

Ciena Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Price-to-Tangible-Book 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 3.30 3.13 4.22 5.67 3.87

Competitive Comparison of Ciena's Price-to-Tangible-Book

For the Communication Equipment subindustry, Ciena's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ciena's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ciena's Price-to-Tangible-Book falls into.


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Ciena Price-to-Tangible-Book Calculation

Ciena's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2025 )
=1417.00/302.005
=4.69

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Ciena Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Ciena's Price-to-Tangible-Book 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.