Is CIEN or HPE cheaper?

On trailing earnings, HPE is cheaper: CIEN trades at a 154.50 P/E and HPE at 46.43.

Which has grown faster, CIEN or HPE?

Over the past five years, CIEN grew revenue faster — CIEN at a 10.39% CAGR versus HPE at 7.02%.

Does CIEN or HPE pay a bigger dividend?

HPE pays a dividend (1.14% yield) while CIEN does not currently pay one.

Is CIEN or HPE more profitable?

CIEN runs the higher net margin — CIEN at 7.87% versus HPE at 3.90%.

Which has been the better investment, CIEN or HPE?

Over the past 10-year, CIEN delivered the higher annualized total return — CIEN at 37.56% versus HPE at 19.82%. Past performance doesn't predict future results.

Ciena Corporation (CIEN) vs Hewlett Packard Enterprise Company (HPE)

CIEN and HPE are evenly matched — 8 metrics each of 16.

A side-by-side comparison of Ciena Corporation and Hewlett Packard Enterprise Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Hewlett Packard Enterprise Company

$64.58B

$48.75Technology

Total return — CIEN vs HPE

growth of $100 · last 11y

CIEN +1915.3%HPE +406.8%CIEN compounded faster

CIEN HPE

CIEN vs HPE: by the numbers

•CIEN is the larger company ($65.61B vs $64.58B market cap).
•HPE trades at the lower earnings multiple (46.43 vs 154.50 P/E).
•CIEN converts more revenue to profit (7.87% vs 3.90% net margin).
•CIEN grew revenue faster over the past five years (10.39% vs 7.02% CAGR).
•HPE pays a dividend (1.14% yield) while CIEN does not currently pay one.

Which is better, CIEN or HPE?

Metric tally: CIEN 8 · HPE 8

It depends on what you're optimizing for:

ValueHPE(lower P/E)

GrowthCIEN(faster 5Y revenue CAGR)

QualityCIEN(higher ROIC)

Metrics side by side

Valuation

Metric	CIEN	HPE
P/E ratio	154.50	46.43●
Forward P/E	71.00	14.28●
P/S ratio	12.18	1.80●
P/B ratio	23.45	2.76●
PEG ratio	4.37●	5.35
EV / EBITDA	93.54	21.37●
FCF yield	1.23%	8.08%●

Profitability

Metric	CIEN	HPE
Gross margin	43.05%●	32.92%
Operating margin	11.18%●	6.60%
Net margin	7.87%●	3.90%
ROE	15.15%●	6.00%
ROIC	5.35%●	-0.59%

Dividends

Metric	CIEN	HPE
Dividend yield	—	1.14%

Growth (annualized)

Metric	CIEN	HPE
Revenue CAGR (5Y)	10.39%●	7.02%
EPS CAGR (5Y)	-17.95%	20.10%●
FCF CAGR (5Y)	11.11%	26.64%●
Total return CAGR (5Y)	51.73%●	30.85%

Frequently asked

Which is better, CIEN or HPE?: It depends on your goal. value: HPE (lower P/E); growth: CIEN (faster 5Y revenue CAGR); quality: CIEN (higher ROIC). Across all compared metrics, they are evenly matched.
Is CIEN or HPE cheaper?: On trailing earnings, HPE is cheaper: CIEN trades at a 154.50 P/E and HPE at 46.43.
Which has grown faster, CIEN or HPE?: Over the past five years, CIEN grew revenue faster — CIEN at a 10.39% CAGR versus HPE at 7.02%.
Does CIEN or HPE pay a bigger dividend?: HPE pays a dividend (1.14% yield) while CIEN does not currently pay one.
Is CIEN or HPE more profitable?: CIEN runs the higher net margin — CIEN at 7.87% versus HPE at 3.90%.
Which has been the better investment, CIEN or HPE?: Over the past 10-year, CIEN delivered the higher annualized total return — CIEN at 37.56% versus HPE at 19.82%. Past performance doesn't predict future results.

Go deeper

Full CIEN analysis Full HPE analysis Interactive comparison tool

Dig into the metrics

Ciena P/E ratio Hewlett Packard Enterprise P/E ratio Ciena dividend yield Hewlett Packard Enterprise dividend yield Ciena ROE Hewlett Packard Enterprise ROE Ciena operating margin Hewlett Packard Enterprise operating margin Ciena revenue growth Hewlett Packard Enterprise revenue growth Ciena free cash flow Hewlett Packard Enterprise free cash flow

Ciena & Hewlett Packard Enterprise appear in these rankings

Highest FCF Yield Stocks Best 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 June 25, 2026.