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Corning GLW

$155.47
+$0.99 (+0.64%)
Market open · Sep 24, 1:10 pm ET
After hours $154.00 -0.31%
Open$150.72
Prev close$154.48
Day range$149.60 – $156.36
Volume3.02M
Market cap$133.92B
P/E (TTM)71.6
Dividend yield0.72%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings67.2x
CheapRich

Above its usual level · 64th percentile, 5-year average 61.8x

#2655 of 2975 stocks by PE (1 = cheapest)

Price / book10.0x
CheapRich

Near the top of its 5-year range · 91st percentile, 5-year average 4.2x

#4839 of 5302 stocks by PB (1 = cheapest)

Price / sales7.4x
CheapRich

Near the top of its 5-year range · 90th percentile, 5-year average 3.4x

#4206 of 5141 stocks by PS (1 = cheapest)

P/E over five years

-10x90x190x290xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$155.00
Price vs. fair value+0.3%Close to the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyHigh
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 10.01 4.23 91% (pricier than usual) #4839 of 5302 (1 = cheapest)
PE 67.24 61.80 64% (pricier than usual) #2655 of 2975 (1 = cheapest)
PS 7.41 3.40 90% (pricier than usual) #4206 of 5141 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$155.00
Economic moatNarrow
UncertaintyHigh
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