Ciena (CIEN)
(Delayed Data from NYSE)
$46.61 USD
+0.93 (2.04%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $46.62 +0.01 (0.02%) 7:58 PM ET
4-Sell of 5 4
C Value D Growth D Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
CIEN 46.61 +0.93(2.04%)
Will CIEN be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for CIEN based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for CIEN
Ciena (CIEN), Toshiba Team Up for Quantum Safe Technology
Ciena's (CIEN) GeoMesh Extreme Solution Used by SEA-ME-WE 4
CIEN: What are Zacks experts saying now?
Zacks Private Portfolio Services
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
Ciena (CIEN) Q1 Earnings Top Estimates, Revenues Decline Y/Y
Other News for CIEN
F5, Inc.: Why I'm Still Sitting On The Sidelines (Q2 Earnings Preview)
Ciena’s VP Andrew Petrik Announces Retirement After Long Tenure
Ciena’s Market Dominance and Growth Potential Justify Buy Rating
President and CEO Gary Smith Sells 4,166 Shares of Ciena Corp (CIEN)
Insider Sell: SVP and Chief Strategy Officer David Rothenstein Sells 3,500 Shares of Ciena Corp ...