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Ciena (CIEN) Price-to-Owner-Earnings : 31.46 (As of Jul. 25, 2024)


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What is Ciena Price-to-Owner-Earnings?

As of today (2024-07-25), Ciena's share price is $50.025. Ciena's Owner Earnings per Share (TTM) ended in Apr. 2024 was $1.59. It's Price-to-Owner-Earnings for today is 31.46.


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

CIEN' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 2.59   Med: 31.55   Max: 471.7
Current: 31.43

During the past 13 years, the highest Price-to-Owner-Earnings of Ciena was 471.70. The lowest was 2.59. And the median was 31.55.


CIEN's Price-to-Owner-Earnings is ranked worse than
67.1% of 1143 companies
in the Hardware industry
Industry Median: 18.29 vs CIEN: 31.43

As of today (2024-07-25), Ciena's share price is $50.025. Ciena's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2024 was $1.04. Therefore, Ciena's PE Ratio for today is 48.10.

As of today (2024-07-25), Ciena's share price is $50.025. Ciena's EPS without NRI for the trailing twelve months (TTM) ended in was $1.71. Therefore, Ciena's PE Ratio without NRI for today is 29.31.

During the past 13 years, Ciena's highest PE Ratio without NRI was 138.86. The lowest was 14.55. And the median was 23.51.


Ciena Price-to-Owner-Earnings Historical Data

The historical data trend for Ciena's Price-to-Owner-Earnings 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-Owner-Earnings Chart

Ciena Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Owner-Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.03 21.27 24.48 - -

Ciena Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Price-to-Owner-Earnings 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 - - - 18.50 29.04

Competitive Comparison of Ciena's Price-to-Owner-Earnings

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

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

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



Ciena Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Ciena's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=50.025/1.59
=31.46

* 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  (NYSE:CIEN) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Ciena Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Ciena's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Ciena Business Description

Industry
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; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.
Executives
David M Rothenstein officer: Sr. VP, General Counsel 7035 RIDGE ROAD, HANOVER MD 21076
Gary B Smith director, officer: President, CEO C/O CIENA CORPORATION, 7035 RIDGE ROAD, HANOVER MD 21076
Brodie Gage officer: SVP Global Products & Supply 2351 ALFRED-NOBEL BLVD, SUITE N-300, SAINT LAURENT A8 H4S 2A9
Dino Diperna officer: SVP Global R&D 385 TERRY FOX DR, OTTAWA A6 K2K OL1
Jason Phipps officer: SVP Global Sales and Marketing 7410 RIDGE RD, HANOVER MD 21076
Joseph Cumello officer: SVP, General Mgr. Blue Planet 7035 RIDGE RD, HANOVER MD 21076
Scott Mcfeely officer: SVP, Networking Platforms 7035 RIDGE RD, HANOVER MD 21076
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Andrew C Petrik officer: VP, CONTROLLER 7035 RIDGE ROAD, HANOVER MD 21076
Sheela Kosaraju officer: SVP, General Counsel 43-51 WORSHIP ST, LONDON X0 EC2A 2DX
Stephen B Alexander officer: SVP, Chief Technology Officer C/O CIENA CORPORATION, 7035 RIDGE ROAD, HANOVER MD 21076
Rick Hamilton officer: SVP, Software and Services 9500 AMBERGIEN, AUSTIN TX 78729
Moylan James E Jr officer: SVP Finance, CFO CIENA CORPORATION, 7035 RIDGE ROAD, HANOVER MD 21076
Judith M Obrien director 855 MAUDE AVENUE, MOUNTAIN VIEW CA 94043
Thomas Michael Nevens director C/O BORLAND SOFTWARE CORPORATION, 20450 STEVENS CREEK BLVD, SUITE 800, CUPERTINO CA 95014