Which has the lower trailing P/E, CIEN or GRMN?

GRMN has the lower trailing P/E: CIEN trades at 78.02 and GRMN at 29.14. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CIEN or GRMN?

Over the past five years, CIEN grew revenue faster — CIEN at a 12.05% CAGR versus GRMN at 9.56%.

Does CIEN or GRMN pay a bigger dividend?

GRMN pays a dividend (1.38% yield), while CIEN has no payments in the available dividend history.

Is CIEN or GRMN more profitable?

GRMN runs the higher net margin — CIEN at 10.87% versus GRMN at 24.47%.

How have CIEN and GRMN total returns compared?

Over the past 10 years, CIEN delivered 31.48% and GRMN delivered 22.22% annualized total return. Past performance doesn't predict future results.

Ciena Corporation (CIEN) vs Garmin Ltd. (GRMN)

A side-by-side comparison of Ciena Corporation and Garmin Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

CIEN

Ciena Corporation

$49.48B

$349.54TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

GRMN

Garmin Ltd.

$54.51B

$282.67TechnologyDelayed quote: Sep 11, 2026, 4:02 PM EDT

Total return — CIEN vs GRMN

growth of $100 · dividends reinvested · last 10y

CIEN +1408.4% (+31.2%/yr)GRMN +637.3% (+22.1%/yr)CIEN compounded faster over this window

CIEN GRMN

CIEN vs GRMN: by the numbers

•GRMN is the larger company ($54.51B vs $49.48B market cap).
•GRMN trades at the lower trailing earnings multiple (29.14 vs 78.02 P/E), one valuation lens rather than an overall verdict.
•GRMN converts more revenue to profit (24.47% vs 10.87% net margin).
•CIEN grew revenue faster over the past five years (12.05% vs 9.56% CAGR).
•GRMN pays a dividend (1.38% yield), while CIEN has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	CIEN	GRMN
P/E ratio	78.02	29.14
Forward P/E	48.88	27.80
P/S ratio	8.22	7.11
P/B ratio	16.19	6.04
EV / EBITDA	45.21	22.82
FCF yield	1.45%	2.81%

Profitability

Metric	CIEN	GRMN
Gross margin	44.07%	60.08%
Operating margin	14.10%	27.61%
Net margin	10.87%	24.47%
ROE	21.41%	20.79%
ROIC	11.56%	18.76%

Dividends

Metric	CIEN	GRMN
Dividend yield	N/A	1.38%
Payout ratio	N/A	38.66%

Growth (annualized)

Metric	CIEN	GRMN
Revenue CAGR (5Y)	12.05%	9.56%
EPS CAGR (5Y)	-17.95%	10.78%
FCF CAGR (5Y)	13.27%	7.42%
Total return CAGR (5Y)	44.07%	11.92%

Frequently asked

Which has the lower trailing P/E, CIEN or GRMN?: GRMN has the lower trailing P/E: CIEN trades at 78.02 and GRMN at 29.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CIEN or GRMN?: Over the past five years, CIEN grew revenue faster — CIEN at a 12.05% CAGR versus GRMN at 9.56%.
Does CIEN or GRMN pay a bigger dividend?: GRMN pays a dividend (1.38% yield), while CIEN has no payments in the available dividend history.
Is CIEN or GRMN more profitable?: GRMN runs the higher net margin — CIEN at 10.87% versus GRMN at 24.47%.
How have CIEN and GRMN total returns compared?: Over the past 10 years, CIEN delivered 31.48% and GRMN delivered 22.22% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CIEN analysis Full GRMN analysis Interactive comparison tool

Dig into the metrics

Ciena P/E ratio Garmin P/E ratio Garmin dividend yield Ciena ROE Garmin ROE Ciena operating margin Garmin operating margin Ciena revenue growth Garmin revenue growth Ciena free cash flow Garmin free cash flow

Ciena & Garmin appear in these rankings

Highest ROIC Stocks Highest 10-Year Total Return Stocks

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 September 11, 2026.