GLW
Corning
PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: GLW
- PE Ratio
The PE ratio for Corning stock stands at 84.09 as of Jun 16, 2026. The calculation is based on the latest EPS of $2.11 and the stock price of $177.42 per share. An increase of 54% has been observed in the PE ratio compared to its average of 54.6 of the last four quarters.
GLW PE ratio history
Over the last ten years, the average PE ratio of Corning has been 48.63. The current 84.09 P/E ratio is 73% 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.
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 |
|---|---|---|---|---|
| 2025 | 46.82 | -41.87% | $87.56 | $1.87 |
| 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 |
Corning PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 64.44 | 37.63% | $135.97 | $2.11 |
| Dec 2025 | 46.82 | -9.25% | $87.56 | $1.87 |
| Sep 2025 | 51.59 | -6.81% | $82.03 | $1.59 |
| Jun 2025 | 55.36 | -37.12% | $52.59 | $0.95 |
| Mar 2025 | 88.04 | 9.31% | $45.78 | $0.52 |
| 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 |
GLW Price vs fair value
GLW average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
GLW's current PE ratio is higher than the 3, 5 and 10-year averages.
PE comparison
Corning's price to earnings (P/E) of 84.09 is higher than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 36.42, Corning's price to earnings (P/E) is 131% higher.
GLW PE vs peers
In comparison to its peer OCC, GLW's PE ratio is lower, but it is higher than TMO's and MMM's. Corning's PE ratio is trading above the peer average of 19.29.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VISN Vistance Networks Inc. | 0.41 | $2.86B |
| PPG Ppg Industries Inc | 17.08 | $26.8B |
| TEL TE Connectivity Ltd | 22.21 | $63.99B |
| TMO Thermo Fisher Scientific Inc | 25.89 | $175.28B |
| MMM 3M Co | 31.15 | $84.8B |
| GLW Corning Inc | 83.72 | $152.02B |
| OCC Optical Cable Corp | 175.29 | $185.68M |
| CLFD Clearfield Inc | N/A | $536.51M |
| OC Owens Corning | N/A | $10.48B |
Frequently asked questions
What is Corning's PE ratio?
The price to earnings ratio for GLW stock is 84.09 as of Jun 16, 2026.
What is the 3-year average PE ratio for Corning (GLW)?
The average PE ratio for GLW stock over the past 3 years is 73.27.
What is the 5-year average PE ratio for Corning (GLW)?
The average PE ratio for GLW stock over the past 5 years is 54.29.
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 73% 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 (Jun 16, 2026), Corning's share price is $177.42. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.11. Therefore, Corning's PE ratio for today is 84.09. PE RATIO(84.09) = STOCK PRICE($177.42) / TTM EPS($2.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.