P/E ratio for Corning (GLW)

P/E ratio history for Corning from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
PPG Industries PPG	21.1	-65.86%	🇺🇸 USA
TE Connectivity TEL	25.8	-58.24%	🇨🇭 Switzerland
Clearfield CLFD	13.1	-78.89%	🇺🇸 USA
CommScope COMM	-0.3188	-100.52%	🇺🇸 USA
Owens Corning OC	13.9	-77.62%	🇺🇸 USA
3M MMM	-9.32	-115.07%	🇺🇸 USA
Plantronics POLY	94.8	53.20%	🇺🇸 USA
Thermo Fisher Scientific TMO	39.7	-35.80%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.