GLW
Price:
$156.7
Market Cap:
$134.98B
Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisi...[Read more]
Industry
Hardware, Equipment & Parts
IPO Date
1981-12-31
Stock Exchange
NYSE
Ticker
GLW
According to Corning Inc’s latest financial reports and current stock price. The company's current PE Ratio is 58.25. This represents a change of -7.93% compared to the average of 63.26 of the last 4 quarters.
The mean historical PE Ratio of Corning Inc over the last ten years is 29.50. The current 58.25 PE Ratio has changed 19.65% with respect to the historical average. Over the past ten years (40 quarters), GLW's PE Ratio was at its highest in in the December 2019 quarter at 693.10. The PE Ratio was at its lowest in in the December 2022 quarter at -187.00.
Average
29.50
Median
27.01
Minimum
-48.47
Maximum
80.54
Discovering the peaks and valleys of Corning Inc PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 181.69%
Maximum Annual PE Ratio = 80.54
Minimum Annual Increase = -804.98%
Minimum Annual PE Ratio = -48.47
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 47.08 | -41.55% |
| 2024 | 80.54 | 82.51% |
| 2023 | 44.13 | 115.54% |
| 2022 | 20.47 | -28.51% |
| 2021 | 28.64 | -57.04% |
| 2020 | 66.67 | 181.69% |
| 2019 | 23.67 | -6.77% |
| 2018 | 25.39 | -152.38% |
| 2017 | -48.47 | -804.98% |
| 2016 | 6.88 | -61.64% |
The current PE Ratio of Corning Inc (GLW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
57.25
5-year avg
44.17
10-year avg
29.50
Corning Inc’s PE Ratio is greater than TE Connectivity plc (21.18), greater than Strategy Inc (-1.03), less than Synopsys, Inc. (90.71), greater than Motorola Solutions, Inc. (34.12), greater than Roblox Corporation (-25.31), greater than Autodesk, Inc. (34.79), greater than Fortinet, Inc. (57.39), greater than Celestica Inc. (37.32), greater than Infosys Limited (15.05), greater than Keysight Technologies, Inc. (55.27),
| Company | PE Ratio | Market cap |
|---|---|---|
| 21.18 | $63.20B | |
| -1.03 | $32.54B | |
| 90.71 | $76.77B | |
| 34.12 | $72.73B | |
| -25.31 | $25.85B | |
| 34.79 | $50.68B | |
| 57.39 | $120.42B | |
| 37.32 | $41.71B | |
| 15.05 | $50.64B | |
| 55.27 | $57.42B |
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