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

GRMN has the lower trailing P/E: CIEN trades at 125.76 and GRMN at 27.03. 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, GRMN grew revenue faster — CIEN at a 10.39% CAGR versus GRMN at 11.13%.

Does CIEN or GRMN pay a bigger dividend?

GRMN pays a dividend (1.55% 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 7.87% versus GRMN at 23.26%.

How have CIEN and GRMN total returns compared?

Over the past 10 years, CIEN delivered 33.25% and GRMN delivered 19.62% 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 July 28, 2026. Differences are shown without an overall score or investment verdict.

CIEN

Ciena Corporation

$49.62B

$350.51TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

GRMN

Garmin Ltd.

$48.92B

$253.65TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — CIEN vs GRMN

growth of $100 · dividends reinvested · last 26y

CIEN -55.6%GRMN +4665.1%GRMN compounded faster

Log scale — wide-divergence pair

CIEN GRMN

CIEN vs GRMN: by the numbers

•CIEN is the larger company ($49.62B vs $48.92B market cap).
•GRMN trades at the lower trailing earnings multiple (27.03 vs 125.76 P/E), one valuation lens rather than an overall verdict.
•GRMN converts more revenue to profit (23.26% vs 7.87% net margin).
•GRMN grew revenue faster over the past five years (11.13% vs 10.39% CAGR).
•GRMN pays a dividend (1.55% yield), while CIEN has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	CIEN	GRMN
P/E ratio	125.76	27.03
Forward P/E	57.74	25.15
P/S ratio	9.91	6.29
P/B ratio	19.09	5.06
PEG ratio	4.37	1.34
EV / EBITDA	69.09	20.68
FCF yield	1.51%	3.09%

Profitability

Metric	CIEN	GRMN
Gross margin	43.05%	59.14%
Operating margin	11.18%	26.46%
Net margin	7.87%	23.26%
ROE	15.15%	18.73%
ROIC	5.35%	16.65%

Dividends

Metric	CIEN	GRMN
Dividend yield	N/A	1.55%
Payout ratio	N/A	43.35%

Growth (annualized)

Metric	CIEN	GRMN
Revenue CAGR (5Y)	10.39%	11.13%
EPS CAGR (5Y)	-17.95%	9.55%
FCF CAGR (5Y)	11.11%	5.80%
Total return CAGR (5Y)	43.20%	12.05%

Frequently asked

Which has the lower trailing P/E, CIEN or GRMN?: GRMN has the lower trailing P/E: CIEN trades at 125.76 and GRMN at 27.03. 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, GRMN grew revenue faster — CIEN at a 10.39% CAGR versus GRMN at 11.13%.
Does CIEN or GRMN pay a bigger dividend?: GRMN pays a dividend (1.55% 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 7.87% versus GRMN at 23.26%.
How have CIEN and GRMN total returns compared?: Over the past 10 years, CIEN delivered 33.25% and GRMN delivered 19.62% 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 Ciena dividend yield 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 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 July 28, 2026.