Ciena Corp
—- Market cap
- —
- Debt
- —
- Cash
- −$1.09B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: CIEN stock price vs GOOGL: inconclusive — current versus $24.61 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at GOOGL's multiple
Implied fair value · at CIEN's multiple
Needs CIEN P/E.
Close Dec 31, 2025
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Reported gross margin
Operating income + D&A
Lower is better
Not comparable
Lower leverage
Statements
Annual statements in reported currencies, with calculations and source evidence.
Values retain reported currencies and share bases. Select a figure to inspect its period, calculation and filing inputs. Differences require compatible units and periods.
Explore enterprise value and market valuation multiples in the valuation sections.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
USD market cap plus reported borrowing debt, less cash and equivalents. This EV proxy excludes investments, preferred stock and noncontrolling-interest adjustments.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Ciena Corp · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Alphabet Inc. · implied price per share
Bear
$101.71
Base
$124.15
Bull
$141.60
Balance sheet health
Inspect reported liquidity and leverage alongside historical financial-health checks.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
Infinera Corp
CIEN vs INFN
Arista Networks, Inc.
CIEN vs ANET
JUNIPER NETWORKS INC
CIEN vs JNPR
Ribbon Communications Inc.
CIEN vs RBBN
MICROSOFT CORP
CIEN vs MSFT
AMAZON COM INC
CIEN vs AMZN
Meta Platforms, Inc.
CIEN vs META
Apple Inc.
CIEN vs AAPL
NVIDIA CORP
CIEN vs NVDA
Cash excludes investments. EBITDA is an operating-income-plus-D&A proxy. Missing borrowing categories remain unavailable; select a value to inspect its inputs.
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe CIEN can sustain materially higher margins and a rerating toward GOOGL-like profitability, then avoid assuming today’s price is justified; otherwise, the relative valuation points to reducing exposure because CIEN is priced far above both its DCF range and its fundamentals.
CIEN trades at a severe premium on earnings and cash flow proxies versus GOOGL despite much weaker operating performance. The implied price of $24.61 versus the current price of $408.73 implies -94.0% downside, and the stock sits far above the DCF range and above the top of its historical band.
Supporting Metrics