CIEN
Ciena Corp
Price:  
46.70 
USD
Volume:  
931,322.00
United States | Communications Equipment
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Ciena Fair Value

-43.14 %
Upside

As of 2024-06-16, the Fair Value of Ciena Corp (CIEN) is 26.56 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 46.70 USD, the upside of Ciena Corp is -43.14%.

46.70 USD
Stock Price
26.56 USD
Fair Price
FAIR VALUE CALCULATION

Ciena Fair Value

Peter Lynch's formula is:

Ciena Fair Value
= Earnings Growth Rate x TTM EPS
Ciena Fair Value
= 25.00 x 1.06
Ciena Fair Value
= 26.56

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-10-31 2020-10-31 2021-10-30 2022-10-29 2023-10-28 5Y Avg
Net income 253.40 361.30 500.20 152.90 254.83 304.53
YoY growth 173.51% 42.58% 38.44% -69.43% 66.66% 50.35%

Ciena Fair Value - Key Data

Market Cap (mil) 6,752.82
P/E 43.96x
Forward P/E 20.39x
EPS 1.06
Avg earnings growth rate 50.35%
TTM earnings 153.60