Is CIEN or LITE cheaper?

On trailing earnings, CIEN is cheaper: CIEN trades at a 154.50 P/E and LITE at 155.92.

Which has grown faster, CIEN or LITE?

Over the past five years, CIEN grew revenue faster — CIEN at a 10.39% CAGR versus LITE at 7.50%.

Is CIEN or LITE more profitable?

LITE runs the higher net margin — CIEN at 7.87% versus LITE at 17.68%.

Which has been the better investment, CIEN or LITE?

Over the past 10-year, LITE delivered the higher annualized total return — CIEN at 37.56% versus LITE at 42.61%. Past performance doesn't predict future results.

Ciena Corporation (CIEN) vs Lumentum Holdings Inc. (LITE)

CIEN leads on 12 of 14 compared metrics.

A side-by-side comparison of Ciena Corporation and Lumentum Holdings Inc. 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).

Lumentum Holdings Inc.

$65.55B

$842.53Technology

Total return — CIEN vs LITE

growth of $100 · last 11y

CIEN +1743.7%LITE +4856.1%LITE compounded faster

CIEN LITE

CIEN vs LITE: by the numbers

•CIEN is the larger company ($65.61B vs $65.55B market cap).
•CIEN trades at the lower earnings multiple (154.50 vs 155.92 P/E).
•LITE converts more revenue to profit (17.68% vs 7.87% net margin).
•CIEN grew revenue faster over the past five years (10.39% vs 7.50% CAGR).

Which is better, CIEN or LITE?

Metric tally: CIEN 12 · LITE 2

It depends on what you're optimizing for:

GrowthCIEN(faster 5Y revenue CAGR)

QualityCIEN(higher ROIC)

Metrics side by side

Valuation

Metric	CIEN	LITE
P/E ratio	154.50	155.92
Forward P/E	71.00●	102.75
P/S ratio	12.18●	32.57
P/B ratio	23.45●	27.26
PEG ratio	4.37	—
EV / EBITDA	93.54●	148.04
FCF yield	1.23%●	0.34%

Profitability

Metric	CIEN	LITE
Gross margin	43.05%●	37.71%
Operating margin	11.18%●	9.53%
Net margin	7.87%	17.68%●
ROE	15.15%●	14.79%
ROIC	5.35%●	0.70%

Growth (annualized)

Metric	CIEN	LITE
Revenue CAGR (5Y)	10.39%●	7.50%
EPS CAGR (5Y)	-17.95%●	-26.64%
FCF CAGR (5Y)	11.11%●	-7.72%
Total return CAGR (5Y)	51.73%	58.98%●

Frequently asked

Which is better, CIEN or LITE?: It depends on your goal. growth: CIEN (faster 5Y revenue CAGR); quality: CIEN (higher ROIC). Across all compared metrics, CIEN leads 12 to 2.
Is CIEN or LITE cheaper?: On trailing earnings, CIEN is cheaper: CIEN trades at a 154.50 P/E and LITE at 155.92.
Which has grown faster, CIEN or LITE?: Over the past five years, CIEN grew revenue faster — CIEN at a 10.39% CAGR versus LITE at 7.50%.
Is CIEN or LITE more profitable?: LITE runs the higher net margin — CIEN at 7.87% versus LITE at 17.68%.
Which has been the better investment, CIEN or LITE?: Over the past 10-year, LITE delivered the higher annualized total return — CIEN at 37.56% versus LITE at 42.61%. Past performance doesn't predict future results.

Go deeper

Full CIEN analysis Full LITE analysis Interactive comparison tool

Dig into the metrics

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

Ciena & Lumentum appear in these rankings

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.