Ciena Corporation (CIEN) vs Coherent, Inc. (COHR)
A side-by-side comparison of Ciena Corporation and Coherent, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 27, 2026. . Differences are shown without an overall score or investment verdict.
CIEN
Ciena Corporation
$390.96TechnologyAt close: Jul 24, 2026, 4:00 PM ET
COHR
Coherent, Inc.
$282.39TechnologyAt close: Jul 24, 2026, 4:00 PM ET
Total return — CIEN vs COHR
growth of $100 · dividends reinvested · last 29yCIEN +201.9%COHR +7925.9%COHR compounded faster
Log scale — wide-divergence pair
CIEN COHR
CIEN vs COHR: by the numbers
- •CIEN is the larger company ($55.34B vs $55.25B market cap).
- •CIEN trades at the lower earnings multiple (130.32 vs 135.11 P/E).
- •CIEN converts more revenue to profit (7.87% vs 7.10% net margin).
- •COHR grew revenue faster over the past five years (16.75% vs 10.39% CAGR).
Metrics side by side
Valuation
| Metric | CIEN | COHR |
|---|---|---|
| P/E ratio | 130.32 | 135.11 |
| Forward P/E | 59.84 | 51.75 |
| P/S ratio | 10.27 | 6.65 |
| P/B ratio | 19.78 | 4.11 |
| PEG ratio | 4.37 | 2.39 |
| EV / EBITDA | 71.57 | 41.33 |
| FCF yield | 1.46% | N/A |
Profitability
| Metric | CIEN | COHR |
|---|---|---|
| Gross margin | 43.05% | 36.99% |
| Operating margin | 11.18% | 10.28% |
| Net margin | 7.87% | 7.10% |
| ROE | 15.15% | 4.39% |
| ROIC | 5.35% | 1.31% |
Growth (annualized)
| Metric | CIEN | COHR |
|---|---|---|
| Revenue CAGR (5Y) | 10.39% | 16.75% |
| EPS CAGR (5Y) | -17.95% | 0.65% |
| FCF CAGR (5Y) | 11.11% | 3.74% |
| Total return CAGR (5Y) | 47.37% | 31.64% |
Frequently asked
- Is CIEN or COHR cheaper?
- On trailing earnings, CIEN is cheaper: CIEN trades at a 130.32 P/E and COHR at 135.11.
- Which has grown faster, CIEN or COHR?
- Over the past five years, COHR grew revenue faster — CIEN at a 10.39% CAGR versus COHR at 16.75%.
- Is CIEN or COHR more profitable?
- CIEN runs the higher net margin — CIEN at 7.87% versus COHR at 7.10%.
- How have CIEN and COHR total returns compared?
- Over the past 10-year, CIEN delivered 34.55% and COHR delivered 30.46% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Ciena P/E ratioCoherent P/E ratioCiena dividend yieldCoherent dividend yieldCiena ROECoherent ROECiena operating marginCoherent operating marginCiena revenue growthCoherent revenue growthCiena free cash flowCoherent free cash flow
Ciena & Coherent appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 27, 2026.