GLW Corning PE ratio, current and historical analysis

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.

GLW PE ratio history

How has GLW's PE ratio performed in the past

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.

Today
77.19
Average
44.01
Median
28.61
Minimum
6.8
Maximum
237.63

Corning PE ratio by year

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

Corning PE ratio by quarter (TTM)

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 average PE ratio chart

What is the average PE ratio of GLW for the past years

GLW's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
59.31
5-year avg
64.31
10-year avg
44.01
15-year avg
32.09

GLW PE vs peers

What is GLW's PE ratio compared to its peers

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

Frequently asked questions

What is Corning's PE ratio?

The price to earnings ratio for GLW stock is 77.19 as of Apr 1, 2025.

What is the 3-year average PE ratio for Corning (GLW)?

The average PE ratio for GLW stock over the past 3 years is 59.31.

What is the 5-year average PE ratio for Corning (GLW)?

The average PE ratio for GLW stock over the past 5 years is 64.31.

What is the highest PE ratio for GLW?

Over the last ten years, the quarterly PE ratio reached its highest level at 237.63 in the Sep 2024 quarter.

How does the current PE ratio for GLW compare to its historical average?

GLW's current price to earnings ratio is 75% above its 10-year historical average.

Why is Corning's PE ratio so high?

GLW's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.

How is GLW's PE ratio calculated (Corning PE ratio formula)?

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.