Corning (GLW)
Corning PE Value: 20.34
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GLW PE Value Rankings
| Overall | 26th percentile | 729 of 986 |
| Sector | 31st percentile | 75 of 109 in Technology |
| Industry | 22nd percentile | 7 of 9 in Diversified Electronics |
GLW PE Value Range, Past 5 Years
| Minimum | 20.34 | Mar 2012 |
| Maximum | 22.50 | Dec 2011 |
| Average | 21.42 |
About PE Value (Pro)
Click the "Learn More" link below to see how YCharts calculates the PE Value
This valuation method corrects for any recent price appreciations for discounts by assuming that the value of the company will be in line with its historical valuations based on PE ratios. It will show companies that have recently increased in price, without an accompanying increase in earnings, to be overvalued, and it will show companies with a recent decrease in price, without an accompanying decrease in earnings, to be undervalued.
This method is most difficult to trust with growth stocks. Some of these companies trade at PE multiples of more than 35 for many years as they experience their growth. However, multiples of 35+ are rare (as of August 30, 2010 only 12.5% of companies had a 5 year average PE greater than 35), and since there is no sure way to know when a company's growth will slow, we apply a maximum PE ratio of 35 to companies. This helps to ensure that investors do not purchase companies under the intuition (based on history) that a stock's "reasonable" PE ratio is 35+ over the long term. If an investor wants to apply that PE ratio consciously based on special information, they may do so, but there should be sound reason.
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GLW News
about 4 days ago by Gianluca_Ferrari
about 5 days ago by rosswhiting
about 5 days ago by azendrian
about 8 days ago by rosswhiting
May 18, 11:01AM Street Insider
about 12 days ago by Jasonw121
about 13 days ago by TraderHR
about 13 days ago by SPYvsSPY
May 15, 8:00AM Business Wire
May 15, 5:29AM theflyonthewall.com
May 14, 9:00PM Business Wire
about 15 days ago by 2ndstory
May 14, 10:46AM Business Wire
May 01, 8:20AM Marketwire
Apr 26, 1:36PM Street Insider
Apr 26, 11:32AM Benzinga
Apr 26, 11:30AM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GLW | 13.13 | +0.22 | +1.70% | 19.65B |
| GLUU | 4.58 | -0.14 | -2.97% | 302.27M |
| GLU | 19.89 | -0.02 | -0.10% | |
| GLTR | 85.65 | -1.24 | -1.43% | |
| GLT | 15.39 | +0.33 | +2.19% | 641.86M |
| GLRE | 24.69 | +0.11 | +0.45% | 744.28M |
| GKSR | 30.37 | -0.04 | -0.13% | 572.62M |
| GKNT | 17.70 | +1.23 | +7.47% | 105.24M |
| GKK | 2.52 | +0.05 | +2.02% | 126.86M |
| GIVN | 17.25 | +0.09 | +0.52% | 526.30M |
