As of Jul 26, 2024, the Owens Corning stock's PE ratio is 14.42. This results from the current EPS of $12.49 and stock price of $180.09. The P/E ratio marks an increase of 31% from the past four quarters average of 11.0.
The PE ratio of Owens Corning has averaged 15.51 over the last ten years. The current PE ratio of 14.42 is 7% below the historical average. Over the past ten years, OC's PE ratio was at its highest in the Mar 2015 quarter at 41.33, when the stock price was $43.4 and the EPS was $1.05. The lowest value was in the Sep 2022 quarter, when it reached 5.74 with a price of $78.61 and an EPS of $13.7.
Maximum annual increase: 136.82% in 2017
Maximum annual decrease: -74.93% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.17 | 68.22% |
| 2022 | 6.64 | -29.51% |
| 2021 | 9.42 | N/A |
| 2020 | N/A | N/A |
| 2019 | 17.55 | 97.19% |
| 2018 | 8.9 | -74.93% |
| 2017 | 35.5 | 136.82% |
| 2016 | 14.99 | -10.13% |
| 2015 | 16.68 | -10.56% |
| 2014 | 18.65 | -20.77% |
Currently, OC's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peer stocks DOW and GLW, OC's PE ratio stands lower. Owens Corning's PE ratio is trading below the peer group average of 29.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OC Owens Corning | 14.42 | $15.61B |
| PATK Patrick Industries Inc | 18.34 | $2.82B |
| MAS Masco Corp | 18.89 | $16.9B |
| PPG Ppg Industries Inc | 20.81 | $29.76B |
| LPX Louisiana-Pacific Corp | 26.67 | $7B |
| DOW Dow Inc | 31.28 | $37.17B |
| GLW Corning Inc | 58.7 | $36.71B |
| ASPN Aspen Aerogels Inc | N/A | $1.6B |
The price to earnings ratio for OC stock as of Jul 26, 2024, stands at 14.42.
Over the last 3 years, the average price to earnings ratio for OC stock is 8.8.
Over the last 5 years, the average price to earnings ratio for OC stock is 10.17.
The highest quarterly PE ratio in the last ten years has been 41.33 and it was in the Mar 2015 quarter.
OC's price to earnings ratio is currently 7% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 26, 2024), Owens Corning's stock price is $180.09. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $12.49. Therefore, Owens Corning's P/E ratio for today is 14.42. PE RATIO(14.42) = STOCK PRICE($180.09) / TTM EPS($12.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.