Ciena (MIL:1CIEN) 3-Year Book Growth Rate : 6.60% (As of Jan. 2024)

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What is Ciena 3-Year Book Growth Rate?

Ciena's Book Value per Share for the quarter that ended in Jan. 2024 was €18.52.

During the past 12 months, Ciena's average Book Value per Share Growth Rate was 6.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was 6.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Ciena was 39.80% per year. The lowest was -76.30% per year. And the median was 4.70% per year.

Competitive Comparison of Ciena's 3-Year Book Growth Rate

For the Communication Equipment subindustry, Ciena's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ciena's 3-Year Book Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ciena's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Ciena's 3-Year Book Growth Rate falls into.

Ciena 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Ciena (MIL:1CIEN) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Ciena 3-Year Book Growth Rate Related Terms

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Ciena (MIL:1CIEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ciena Corp (MIL:1CIEN) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

CIEN:USA CIEN:Mexico CIE1:Germany

Address

7035 Ridge Road, Hanover, MD, USA, 21076

Website

https://www.ciena.com

Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

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