CIEN vs LITE

Comparison between CIENA Corp (CIEN, Company) and Lumentum Holdings Inc (LITE, Company).

Both CIEN and LITE are from the Technology sector.

5-Year PerformanceLITE has outperformed CIEN, delivering a return of +60.0% compared to +49.1%

CIEN vs LITE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CIEN(COMPANY)	LITE(COMPANY)
Market Cap	$62B	$61B
Max Drawdown	99.51%	66.89%
Sharpe Ratio	2.97	3.11
5Y Beta	N/A	2.46
Industry	Communication Equipment	Communication Equipment
P/E Ratio	140.31	137.15
Forward P/E	78.74	54.05
PEG Ratio	0.44	N/A
5Y EPS CAGR	4.05%	4.88%
Debt to Equity	52.94%	110.37%
Free Cash Flow Yield	1.35%	0.19%

Market Cap

Winner

CIEN

$62B

LITE

$61B

Max Drawdown

CIEN

99.51%

Winner

LITE

66.89%

Sharpe Ratio

CIEN

2.97

Winner

LITE

3.11

5Y Beta

CIEN

N/A

LITE

2.46

Industry

CIEN

Communication Equipment

LITE

Communication Equipment

P/E Ratio

CIEN

140.31

Winner

LITE

137.15

Forward P/E

CIEN

78.74

Winner

LITE

54.05

PEG Ratio

CIEN

0.44

LITE

N/A

5Y EPS CAGR

CIEN

4.05%

Winner

LITE

4.88%

Debt to Equity

Winner

CIEN

52.94%

LITE

110.37%

Free Cash Flow Yield

Winner

CIEN

1.35%

LITE

0.19%

CIEN vs LITE - Historical Returns

Returns include dividend reinvestment.

Period	CIEN	LITE
1 month	-25.25%	-18.98%
3 months	+28.84%	+26.97%
6 months	+95.92%	+133.13%
1 year	+500.01%	+941.07%
5 years(CAGR)	+49.10%	+60.05%
10 years(CAGR)	+35.32%	+42.61%
Max(CAGR)	+4.92%	+40.60%

CIEN

-25.25%

Winner

LITE

-18.98%

Winner

CIEN

+28.84%

LITE

+26.97%

CIEN

+95.92%

Winner

LITE

+133.13%

CIEN

+500.01%

Winner

LITE

+941.07%

5Y(CAGR)

CIEN

+49.10%

Winner

LITE

+60.05%

10Y(CAGR)

CIEN

+35.32%

Winner

LITE

+42.61%

Max(CAGR)

CIEN

+4.92%

Winner

LITE

+40.60%

CIEN vs LITE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CIEN	LITE
2026	+76.64%	+120.99%
2025	+180.96%	+330.60%
2024	+87.88%	+61.32%
2023	-11.29%	-0.61%
2022	-34.12%	-51.30%
2021	+50.39%	+9.36%
2020	+23.31%	+14.63%
2019	+25.78%	+86.19%
2018	+59.80%	-16.23%
2017	-14.33%	+31.10%
2016	+20.60%	+73.09%
2015	+5.89%	+4.11%
2014	-17.26%	N/A
2013	+45.21%	N/A
2012	+26.00%	N/A
2011	-44.27%	N/A
2010	+91.02%	N/A
2009	+55.30%	N/A
2008	-79.33%	N/A
2007	+23.36%	N/A
2006	+29.79%	N/A
2005	-10.54%	N/A
2004	-49.93%	N/A
2003	+15.70%	N/A
2002	-67.03%	N/A
2001	-78.28%	N/A
2000	+192.16%	N/A
1999	+66.38%	N/A

CIEN vs LITE Drawdown Comparison

The maximum drawdown for CIEN was -99.51%, occurring on Feb 23, 2009. This drawdown has not yet recovered.

The maximum drawdown for LITE was -66.89%, occurring on Oct 27, 2023. Recovery took 1140 trading sessions.

The current CIEN drawdown is -58.47%. The current LITE drawdown is -18.98%.

Rank	CIEN	LITE
#1	-99.51% Oct 20, 2000 - Feb 23, 2009	-66.89% Jan 12, 2021 - Jul 29, 2025
#2	-50.28% Mar 1, 2000 - Aug 17, 2000	-48.77% Mar 14, 2018 - Nov 27, 2019
#3	-36.18% Dec 10, 1999 - Jan 20, 2000	-37.31% Jul 24, 2017 - Mar 9, 2018
#4	-22.21% Sep 1, 2000 - Sep 20, 2000	-34.14% Aug 18, 2015 - Dec 16, 2015
#5	-18.14% Nov 19, 1999 - Dec 7, 1999	-33.07% Feb 12, 2020 - Aug 3, 2020
#6	-15.28% Sep 28, 2000 - Oct 16, 2000	-28.70% Mar 2, 2026 - Mar 24, 2026
#7	-14.64% Jan 24, 2000 - Feb 7, 2000	-26.49% Aug 4, 2020 - Dec 22, 2020
#8	-8.22% Oct 16, 2000 - Oct 19, 2000	-24.49% Oct 10, 2016 - Feb 8, 2017
#9	-6.60% Nov 16, 1999 - Nov 19, 1999	-21.97% May 11, 2026 - Jun 9, 2026
#10	-4.65% Nov 4, 1999 - Nov 11, 1999	-21.85% Mar 28, 2017 - May 16, 2017
#11	-3.51% Feb 16, 2000 - Feb 22, 2000	-20.94% Apr 8, 2016 - Jul 22, 2016
#12	-3.48% Sep 25, 2000 - Sep 28, 2000	-18.41% Jan 6, 2026 - Feb 2, 2026
#13	-2.97% Feb 8, 2000 - Feb 10, 2000	-18.35% Mar 24, 2026 - Apr 2, 2026
#14	-2.14% Sep 20, 2000 - Sep 22, 2000	-17.98% Feb 21, 2017 - Mar 24, 2017
#15	-2.02% Feb 10, 2000 - Feb 14, 2000	-16.62% Dec 30, 2015 - Feb 5, 2016