Corning Incorporated

Corning Incorporatedverified

GLW

Price:

$42.85

Market Cap:

$36.71B

Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment offers glass substrates for liquid crystal displays and organic light-emitting diodes used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, including cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also offers its products to busines...[Read more]

Industry

Hardware, Equipment & Parts

IPO Date

1981-12-31

Stock Exchange

NYSE

Ticker

GLW

The PE Ratio as of July 2024 (TTM) for Corning Incorporated (GLW) is 59.51

According to Corning Incorporated’s latest financial reports and current stock price. The company's current PE Ratio is 59.51. This represents a change of -418.42% compared to the average of -18.69 of the last 4 quarters.

Corning Incorporated (GLW) Historical PE Ratio (quarterly & annually)

How has GLW PE Ratio performed in the past?

The mean historical PE Ratio of Corning Incorporated over the last ten years is 16.26. The current 59.51 PE Ratio has changed 36.49% 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 173.75. The PE Ratio was at its lowest in in the December 2022 quarter at -249.31.

Quarterly (TTM)
Annual

Average

16.26

Median

18.55

Minimum

-57.61

Maximum

53.51

Corning Incorporated (GLW) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Corning Incorporated 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 = 127.40%

Maximum Annual PE Ratio = 53.51

Minimum Annual Increase = -959.86%

Minimum Annual PE Ratio = -57.61

Quarterly (TTM)
Annual
YearPE RatioChange
202344.44117.22%
202220.4626.50%
202116.17-69.77%
202053.51127.40%
201923.53-11.76%
201826.67-146.29%
2017-57.61-959.86%
20166.70-59.74%
201516.6437.48%
201412.11-8.26%

Corning Incorporated (GLW) Average PE Ratio

How has GLW PE Ratio performed in the past?

The current PE Ratio of Corning Incorporated (GLW) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

27.03

5-year avg

31.62

10-year avg

16.26

Corning Incorporated (GLW) PE Ratio vs. Peers

How is GLW’s PE Ratio compared to its peers?

Corning Incorporated’s PE Ratio is greater than OSI Systems, Inc. (20.36), greater than Fabrinet (29.03), greater than Jabil Inc. (9.42), greater than Vicor Corporation (-309.89), greater than TE Connectivity Ltd. (13.79), greater than Littelfuse, Inc. (29.55), greater than Sanmina Corporation (16.67), greater than Celestica Inc. (17.11), greater than Plexus Corp. (32.05), greater than Flex Ltd. (15.09), greater than Amphenol Corporation (36.53), greater than TTM Technologies, Inc. (-904.94),

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