Is Ciena Corp (CIEN) overvalued? · P/E 370, rev $4.01B
Ciena Corp (CIEN) is a communication equipment company listed on US.
This page asks whether Ciena Corp (CIEN) looks expensive on cached numbers — not a short thesis.
Latest reported CIEN revenue for 2024-11-02 was $4.01B. Net income was $84.0M. Revenue was down 8.5% from 2023-10-28 to 2024-11-02. CIEN currently screens at market cap $82.04B and trailing P/E 369.6.
CIEN currently screens at market cap $82.04B and trailing P/E 369.6. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next CIEN 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the CIEN stock page for the full model, not this heading.
Not investment advice.