Ciena Corporation (CIEN) vs Veeva Systems Inc. (VEEV)
A side-by-side comparison of Ciena Corporation and Veeva Systems Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.
CIEN
Ciena Corporation
$321.52TechnologyDelayed quote: Sep 3, 2026, 12:50 PM EDT
VEEV
Veeva Systems Inc.
$281.15TechnologyDelayed quote: Sep 3, 2026, 12:50 PM EDT
Total return — CIEN vs VEEV
growth of $100 · dividends reinvested · last 10yCIEN +1536.6% (+32.2%/yr)VEEV +585.7% (+21.2%/yr)CIEN compounded faster over this window
CIEN VEEV
CIEN vs VEEV: by the numbers
- •VEEV is the larger company ($45.67B vs $45.51B market cap).
- •VEEV trades at the lower trailing earnings multiple (46.17 vs 118.05 P/E), one valuation lens rather than an overall verdict.
- •VEEV converts more revenue to profit (29.34% vs 7.87% net margin).
- •VEEV grew revenue faster over the past five years (15.76% vs 10.39% CAGR).
Metrics side by side
Valuation
| Metric | CIEN | VEEV |
|---|---|---|
| P/E ratio | 118.05 | 46.17 |
| Forward P/E | 54.08 | 35.35 |
| P/S ratio | 9.30 | 13.40 |
| P/B ratio | 17.92 | 6.23 |
| EV / EBITDA | 64.90 | 40.91 |
| FCF yield | 1.61% | 3.54% |
Profitability
| Metric | CIEN | VEEV |
|---|---|---|
| Gross margin | 43.05% | 74.89% |
| Operating margin | 11.18% | 29.93% |
| Net margin | 7.87% | 29.34% |
| ROE | 15.15% | 13.66% |
| ROIC | 11.97% | 10.40% |
Growth (annualized)
| Metric | CIEN | VEEV |
|---|---|---|
| Revenue CAGR (5Y) | 10.39% | 15.76% |
| EPS CAGR (5Y) | -17.95% | 17.11% |
| FCF CAGR (5Y) | 11.11% | 16.98% |
| Total return CAGR (5Y) | 43.36% | -2.34% |
Frequently asked
- Which has the lower trailing P/E, CIEN or VEEV?
- VEEV has the lower trailing P/E: CIEN trades at 118.05 and VEEV at 46.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CIEN or VEEV?
- Over the past five years, VEEV grew revenue faster — CIEN at a 10.39% CAGR versus VEEV at 15.76%.
- Is CIEN or VEEV more profitable?
- VEEV runs the higher net margin — CIEN at 7.87% versus VEEV at 29.34%.
- How have CIEN and VEEV total returns compared?
- Over the past 10 years, CIEN delivered 31.51% and VEEV delivered 21.29% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Ciena P/E ratioVeeva Systems P/E ratioCiena ROEVeeva Systems ROECiena operating marginVeeva Systems operating marginCiena revenue growthVeeva Systems revenue growthCiena free cash flowVeeva Systems free cash flow
Ciena & Veeva Systems 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 September 3, 2026.