CIEN vs. HPQ: Ciena vs. HP Stock Comparison
How do Ciena (CIEN) and HP (HPQ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Ciena (CIEN) and HP (HPQ) both fall under the Technology Hardware & Equipment industry group, but CIEN is classified in Communications Equipment while HPQ is classified in Technology Hardware, Storage & Peripherals.
| Profile Item | CIEN | HPQ |
|---|---|---|
| Name | Ciena Corp. | HP Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| GICS Sub-Industry | Communications Equipment | Technology Hardware, Storage & Peripherals |
| Market Capitalization | 34.51 billion USD | 25.66 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 7, 1997 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CIEN | HPQ |
|---|---|---|
| Total Return (1Y) | 36.49% | 15.35% |
| Total Return (3Y, Annualized) | 84.56% | 6.50% |
| Total Return (5Y, Annualized) | 35.01% | 1.86% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CIEN | HPQ |
|---|---|---|
| Volatility (1Y, Annualized) | 81.12% | 47.36% |
| Beta (5Y) | 1.39 | 1.18 |
| Max Drawdown (5Y) | -63.19% | -51.23% |
| Avg. Volume (3M) | 2.83M | 14.43M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CIEN | HPQ |
|---|---|---|
| Sharpe Ratio (1Y) | 0.40 | 0.23 |
| Sortino Ratio (1Y) | 0.56 | 0.38 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Ciena (CIEN) earns 22.40% on shareholders’ equity, ranked against its industry; HP (HPQ) has no ROE this period.
CIEN
Technology Hardware & Equipment industry group
22.40%
- Max
- 42.47%
- CIEN
- 22.40%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
- HPQ
- --
Net Margin (TTM)
Both Ciena (CIEN) at 10.87% and HP (HPQ) at 4.14% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CIEN
Technology Hardware & Equipment industry group
10.87%
- Max
- 27.60%
- Q3
- 11.66%
- CIEN
- 10.87%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
HPQ
Technology Hardware & Equipment industry group
4.14%
- Max
- 27.60%
- Q3
- 11.66%
- HPQ
- 4.14%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Both Ciena (CIEN) at 18.08% and HP (HPQ) at 5.40% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CIEN
Technology Hardware & Equipment industry group
18.08%
- Max
- 36.27%
- Q3
- 18.36%
- CIEN
- 18.08%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
HPQ
Technology Hardware & Equipment industry group
5.40%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- HPQ
- 5.40%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | CIEN | HPQ |
|---|---|---|
| ROE (TTM) | 22.40% | -- |
| ROA (TTM) | 7.73% | 5.63% |
| Net Margin (TTM) | 10.87% | 4.14% |
| Operating Margin (TTM) | 18.08% | 5.40% |
| Gross Margin (TTM) | 44.07% | 19.66% |
Growth
Revenue Growth
Ciena (CIEN) at 18.79% is around its peer norm for revenue growth, while HP (HPQ) at 3.24% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Ciena (CIEN) at 46.55% sits in the top EPS growth quartile, while HP (HPQ) at -5.69% is closer to the peer norm — faster per-share earnings growth for CIEN.
Growth Metrics
| Metric | CIEN | HPQ |
|---|---|---|
| Revenue Growth (YoY) | 18.79% | 3.24% |
| Revenue Growth (3Y CAGR) | 9.50% | -4.21% |
| EPS Growth (YoY) | 46.55% | -5.69% |
| EPS Growth (3Y CAGR) | -5.27% | -4.58% |
Financial Strength
Current Ratio (MRQ)
Ciena (CIEN) at 3.80 carries current ratio above its industry’s typical mid-range, while HP (HPQ) at 0.79 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
CIEN
Technology Hardware & Equipment industry group
3.80
- Max
- 5.34
- CIEN
- 3.80
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
HPQ
Technology Hardware & Equipment industry group
0.79
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- HPQ
- 0.79
- Min
- 0.17
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Ciena (CIEN) carries debt-to-equity ratio of 1.07 against its industry range, while HP (HPQ) reports no figure this period.
CIEN
Technology Hardware & Equipment industry group
1.07
- Max
- 1.76
- CIEN
- 1.07
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
HPQ
Technology Hardware & Equipment industry group
--
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
- HPQ
- --
Financial Strength Metrics
| Metric | CIEN | HPQ |
|---|---|---|
| Current Ratio (MRQ) | 3.80 | 0.79 |
| Debt / Equity (MRQ) | 1.07 | -- |
| Net Debt / EBITDA | 0.64 | 1.33 |
Dividends
Dividend Yield (TTM)
Ciena (CIEN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HP (HPQ) reports a yield of 4.04%, ranking against industry peers normally.
CIEN
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- CIEN
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
HPQ
Technology Hardware & Equipment industry group
4.04%
- HPQ
- 4.04%
- Max
- 0.73%
- Q3
- 0.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Ciena (CIEN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HP (HPQ) reports a payout of 45.40%, ranking against industry peers normally.
CIEN
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- CIEN
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
HPQ
Technology Hardware & Equipment industry group
45.40%
- HPQ
- 45.40%
- Max
- 32.27%
- Q3
- 14.48%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CIEN | HPQ |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 4.04% |
| Dividend Payout Ratio (TTM) | 0.00% | 45.40% |
Valuation
P/E Ratio (TTM)
HP (HPQ) at 10.86 sits in the cheaper P/E ratio quartile, while Ciena (CIEN) at 54.45 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
CIEN
Technology Hardware & Equipment industry group
54.45
- Max
- 69.48
- CIEN
- 54.45
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
HPQ
Technology Hardware & Equipment industry group
10.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- HPQ
- 10.86
- Min
- 6.07
P/S Ratio (TTM)
HP (HPQ) at 0.43 sits in the cheaper P/S ratio quartile while Ciena (CIEN) at 5.73 prices around its industry’s middle — HPQ costs less per dollar of sales, though read it alongside growth and margins.
CIEN
Technology Hardware & Equipment industry group
5.73
- Max
- 11.30
- Q3
- 5.82
- CIEN
- 5.73
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
HPQ
Technology Hardware & Equipment industry group
0.43
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- HPQ
- 0.43
- Min
- 0.00
P/B Ratio (MRQ)
HP (HPQ) reports a negative P/B ratio of -279.02, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Ciena (CIEN) reports 11.30, ranking against industry peers normally.
CIEN
Technology Hardware & Equipment industry group
11.30
- CIEN
- 11.30
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
HPQ
Technology Hardware & Equipment industry group
-279.02
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
- HPQ
- -279.02
Valuation Metrics
| Metric | CIEN | HPQ |
|---|---|---|
| P/E Ratio (TTM) | 54.45 | 10.86 |
| P/S Ratio (TTM) | 5.73 | 0.43 |
| P/B Ratio (MRQ) | 11.30 | -279.02 |
| Free Cash Flow Yield (TTM) | 1.84% | 13.21% |