The PE ratio for Corning stock stands at 77.19 as of Apr 1, 2025. The calculation is based on the latest EPS of $0.59 and the stock price of $45.54 per share. A decrease of 30% has been observed in the PE ratio compared to its average of 109.5 of the last four quarters.
Over the last ten years, the average PE ratio of Corning has been 44.01. The current 77.19 P/E ratio is 75% higher than the historical average. Looking back at the last ten years, GLW's PE ratio peaked in the Sep 2024 quarter at 237.63, with a price of $45.15 and an EPS of $0.19. The Mar 2017 quarter marked the lowest point at 6.8, with a price of $27 and an EPS of $3.97.
Maximum annual increase: 154.17% in 2020
Maximum annual decrease: -61.61% in 2016
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 80.54 | 82.51% | $47.52 | $0.59 |
2023 | 44.13 | 115.58% | $30.45 | $0.69 |
2022 | 20.47 | -28.53% | $31.94 | $1.56 |
2021 | 28.64 | -57.04% | $37.23 | $1.3 |
2020 | 66.67 | 154.17% | $36 | $0.54 |
2019 | 26.23 | 3.31% | $29.11 | $1.11 |
2018 | 25.39 | N/A | $30.21 | $1.19 |
2017 | N/A | N/A | $31.99 | -$0.66 |
2016 | 6.88 | -61.61% | $24.27 | $3.53 |
2015 | 17.92 | 42.22% | $18.28 | $1.02 |
2014 | 12.6 | -4.55% | $22.93 | $1.82 |
2013 | 13.2 | 15.08% | $17.82 | $1.35 |
2012 | 11.47 | 59.08% | $12.62 | $1.1 |
2011 | 7.21 | -14.88% | $12.98 | $1.8 |
2010 | 8.47 | -42.96% | $19.32 | $2.28 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Dec 2024 | 80.54 | -66.11% | $47.52 | $0.59 |
Sep 2024 | 237.63 | 218.07% | $45.15 | $0.19 |
Jun 2024 | 74.71 | 65.47% | $38.85 | $0.52 |
Mar 2024 | 45.15 | 2.31% | $32.96 | $0.73 |
Dec 2023 | 44.13 | -0.07% | $30.45 | $0.69 |
Sep 2023 | 44.16 | -5.48% | $30.47 | $0.69 |
Jun 2023 | 46.72 | 44.33% | $35.04 | $0.75 |
Mar 2023 | 32.37 | 58.13% | $35.28 | $1.09 |
Dec 2022 | 20.47 | 54.49% | $31.94 | $1.56 |
Sep 2022 | 13.25 | 0.08% | $29.02 | $2.19 |
Jun 2022 | 13.24 | -53.72% | $31.51 | $2.38 |
Mar 2022 | 28.61 | -0.1% | $36.91 | $1.29 |
Dec 2021 | 28.64 | -16.79% | $37.23 | $1.3 |
Sep 2021 | 34.42 | -3.23% | $36.49 | $1.06 |
Jun 2021 | 35.57 | 17.7% | $40.9 | $1.15 |
GLW's current PE ratio is higher than the 3, 5 and 10-year averages.
In comparison to its peer stocks TMO and MMM, GLW's PE ratio is higher. Corning's current PE ratio of 77.19 is similar to the average of its peers, which is 22.6.
Stock name | PE ratio | Market cap |
---|---|---|
OC Owens Corning | 19.34 | $12.32B |
MMM 3M Co | 19.48 | $80.17B |
TEL TE Connectivity Ltd | 22.23 | $41.98B |
PPG Ppg Industries Inc | 22.84 | $24.73B |
TMO Thermo Fisher Scientific Inc | 29.13 | $182.21B |
GLW Corning Inc | 77.19 | $39.01B |
CLFD Clearfield Inc | N/A | $413.35M |
COMM CommScope Holding Company Inc | N/A | $1.16B |
OCC Optical Cable Corp | N/A | $23.04M |
The price to earnings ratio for GLW stock is 77.19 as of Apr 1, 2025.
The average PE ratio for GLW stock over the past 3 years is 59.31.
The average PE ratio for GLW stock over the past 5 years is 64.31.
Over the last ten years, the quarterly PE ratio reached its highest level at 237.63 in the Sep 2024 quarter.
GLW's current price to earnings ratio is 75% above its 10-year historical average.
GLW's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Apr 1, 2025), Corning's share price is $45.54. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.59. Therefore, Corning's PE ratio for today is 77.19. PE RATIO(77.19) = STOCK PRICE($45.54) / TTM EPS($0.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.