CIEN vs. COHR: A Head-to-Head Stock Comparison

Updated on November 21, 2025

Here’s a clear look at CIEN and COHR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	CIEN	COHR
Company Name	Ciena Corporation	Coherent Corp.
Country	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry	Communications Equipment	Electronic Equipment, Instruments & Components
Market Capitalization	27.29 billion USD	21.96 billion USD
Exchange	NYSE	NYSE
Listing Date	February 7, 1997	October 2, 1987
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of CIEN and COHR by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

CIEN vs. COHR: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	CIEN	COHR
5-Day Price Return	-8.16%	-16.43%
13-Week Price Return	110.97%	49.18%
26-Week Price Return	137.88%	76.59%
52-Week Price Return	168.50%	35.65%
Month-to-Date Return	0.94%	5.59%
Year-to-Date Return	126.05%	47.08%
10-Day Avg. Volume	3.17M	6.20M
3-Month Avg. Volume	2.47M	4.15M
3-Month Volatility	61.30%	68.54%
Beta	1.15	1.84

Profitability

Return on Equity (TTM)

CIEN

5.04%

Communications Equipment Industry

Max: 31.28%
Q3: 24.67%
Median: 13.12%
Q1: 4.60%
Min: -12.73%

CIEN’s Return on Equity of 5.04% is on par with the norm for the Communications Equipment industry, indicating its profitability relative to shareholder equity is typical for the sector.

COHR

3.14%

Electronic Equipment, Instruments & Components Industry

Max: 25.62%
Q3: 13.32%
Median: 9.23%
Q1: 4.70%
Min: -3.60%

COHR’s Return on Equity of 3.14% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

CIEN vs. COHR: A comparison of their Return on Equity (TTM) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Net Profit Margin (TTM)

CIEN

3.10%

Communications Equipment Industry

Max: 28.72%
Q3: 14.02%
Median: 5.41%
Q1: 2.50%
Min: -13.11%

CIEN’s Net Profit Margin of 3.10% is aligned with the median group of its peers in the Communications Equipment industry. This indicates its ability to convert revenue into profit is typical for the sector.

COHR

4.13%

Electronic Equipment, Instruments & Components Industry

Max: 18.22%
Q3: 10.34%
Median: 7.81%
Q1: 3.28%
Min: -4.57%

COHR’s Net Profit Margin of 4.13% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.

CIEN vs. COHR: A comparison of their Net Profit Margin (TTM) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Operating Profit Margin (TTM)

CIEN

5.41%

Communications Equipment Industry

Max: 33.69%
Q3: 15.81%
Median: 6.02%
Q1: 3.00%
Min: -4.94%

CIEN’s Operating Profit Margin of 5.41% is around the midpoint for the Communications Equipment industry, indicating that its efficiency in managing core business operations is typical for the sector.

COHR

8.99%

Electronic Equipment, Instruments & Components Industry

Max: 26.64%
Q3: 15.10%
Median: 9.55%
Q1: 4.57%
Min: -7.07%

COHR’s Operating Profit Margin of 8.99% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.

CIEN vs. COHR: A comparison of their Operating Profit Margin (TTM) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Profitability at a Glance

Symbol	CIEN	COHR
Return on Equity (TTM)	5.04%	3.14%
Return on Assets (TTM)	2.49%	1.72%
Net Profit Margin (TTM)	3.10%	4.13%
Operating Profit Margin (TTM)	5.41%	8.99%
Gross Profit Margin (TTM)	41.57%	35.78%

Financial Strength

Current Ratio (MRQ)

CIEN

3.28

Communications Equipment Industry

Max: 3.28
Q3: 2.10
Median: 1.52
Q1: 1.17
Min: 0.91

CIEN’s Current Ratio of 3.28 is in the upper quartile for the Communications Equipment industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

COHR

2.33

Electronic Equipment, Instruments & Components Industry

Max: 5.52
Q3: 3.20
Median: 2.02
Q1: 1.51
Min: 0.33

COHR’s Current Ratio of 2.33 aligns with the median group of the Electronic Equipment, Instruments & Components industry, indicating that its short-term liquidity is in line with its sector peers.

CIEN vs. COHR: A comparison of their Current Ratio (MRQ) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Debt-to-Equity Ratio (MRQ)

CIEN

0.55

Communications Equipment Industry

Max: 1.44
Q3: 0.96
Median: 0.43
Q1: 0.21
Min: 0.00

CIEN’s Debt-to-Equity Ratio of 0.55 is typical for the Communications Equipment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

COHR

0.40

Electronic Equipment, Instruments & Components Industry

Max: 1.12
Q3: 0.55
Median: 0.33
Q1: 0.10
Min: 0.00

COHR’s Debt-to-Equity Ratio of 0.40 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

CIEN vs. COHR: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Interest Coverage Ratio (TTM)

CIEN

3.65

Communications Equipment Industry

Max: 55.49
Q3: 34.19
Median: 8.92
Q1: 3.73
Min: -9.94

In the lower quartile for the Communications Equipment industry, CIEN’s Interest Coverage Ratio of 3.65 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

COHR

1.36

Electronic Equipment, Instruments & Components Industry

Max: 114.40
Q3: 51.32
Median: 14.03
Q1: 3.74
Min: -61.15

In the lower quartile for the Electronic Equipment, Instruments & Components industry, COHR’s Interest Coverage Ratio of 1.36 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

CIEN vs. COHR: A comparison of their Interest Coverage Ratio (TTM) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Financial Strength at a Glance

Symbol	CIEN	COHR
Current Ratio (MRQ)	3.28	2.33
Quick Ratio (MRQ)	2.28	1.10
Debt-to-Equity Ratio (MRQ)	0.55	0.40
Interest Coverage Ratio (TTM)	3.65	1.36

Growth

Revenue Growth

CIEN vs. COHR: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

CIEN vs. COHR: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

CIEN

0.00%

Communications Equipment Industry

Max: 2.99%
Q3: 2.30%
Median: 0.91%
Q1: 0.00%
Min: 0.00%

CIEN currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

COHR

0.10%

Electronic Equipment, Instruments & Components Industry

Max: 5.16%
Q3: 2.39%
Median: 1.18%
Q1: 0.12%
Min: 0.00%

COHR’s Dividend Yield of 0.10% is in the lower quartile for the Electronic Equipment, Instruments & Components industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

CIEN vs. COHR: A comparison of their Dividend Yield (TTM) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Dividend Payout Ratio (TTM)

CIEN

0.00%

Communications Equipment Industry

Max: 111.16%
Q3: 61.16%
Median: 30.78%
Q1: 0.00%
Min: 0.00%

CIEN has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

COHR

5.05%

Electronic Equipment, Instruments & Components Industry

Max: 197.57%
Q3: 87.33%
Median: 36.23%
Q1: 3.99%
Min: 0.00%

COHR’s Dividend Payout Ratio of 5.05% is within the typical range for the Electronic Equipment, Instruments & Components industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

CIEN vs. COHR: A comparison of their Dividend Payout Ratio (TTM) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Dividend at a Glance

Symbol	CIEN	COHR
Dividend Yield (TTM)	0.00%	0.10%
Dividend Payout Ratio (TTM)	0.00%	5.05%

Valuation

Price-to-Earnings Ratio (TTM)

CIEN

191.95

Communications Equipment Industry

Max: 74.67
Q3: 56.42
Median: 31.00
Q1: 15.93
Min: 3.89

At 191.95, CIEN’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Communications Equipment industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

COHR

87.65

Electronic Equipment, Instruments & Components Industry

Max: 71.05
Q3: 42.87
Median: 27.84
Q1: 19.17
Min: 7.73

At 87.65, COHR’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Electronic Equipment, Instruments & Components industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

CIEN vs. COHR: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Price-to-Sales Ratio (TTM)

CIEN

5.95

Communications Equipment Industry

Max: 11.84
Q3: 5.68
Median: 2.55
Q1: 1.24
Min: 0.40

CIEN’s P/S Ratio of 5.95 is in the upper echelon for the Communications Equipment industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

COHR

3.62

Electronic Equipment, Instruments & Components Industry

Max: 7.81
Q3: 4.01
Median: 2.09
Q1: 1.25
Min: 0.16

COHR’s P/S Ratio of 3.62 aligns with the market consensus for the Electronic Equipment, Instruments & Components industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

CIEN vs. COHR: A comparison of their Price-to-Sales Ratio (TTM) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Price-to-Book Ratio (MRQ)

CIEN

4.70

Communications Equipment Industry

Max: 6.02
Q3: 6.01
Median: 3.83
Q1: 2.41
Min: 0.42

CIEN’s P/B Ratio of 4.70 is within the conventional range for the Communications Equipment industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

COHR

2.03

Electronic Equipment, Instruments & Components Industry

Max: 7.49
Q3: 4.09
Median: 2.35
Q1: 1.55
Min: 0.44

COHR’s P/B Ratio of 2.03 is within the conventional range for the Electronic Equipment, Instruments & Components industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

CIEN vs. COHR: A comparison of their Price-to-Book Ratio (MRQ) against their respective Communications Equipment and Electronic Equipment, Instruments & Components industry benchmarks.

Valuation at a Glance

Symbol	CIEN	COHR
Price-to-Earnings Ratio (TTM)	191.95	87.65
Price-to-Sales Ratio (TTM)	5.95	3.62
Price-to-Book Ratio (MRQ)	4.70	2.03
Price-to-Free Cash Flow Ratio (TTM)	44.66	85.45