Corning Incorporated (GLW) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Corning is a provider of glass, ceramics, and optical fiber across six distinct end markets. Corning's largest segments by revenue are display glass for TVs and optical fiber for telecom networks a...
Corning Incorporated (GLW) currently trades at a P/E ratio of 59.84 (historical range: 12.67–303.39, median: 48.73), placing it at the 61th percentile — above its historical average, P/S ratio of 6.70 (range: 1.72–13.64, 85th percentile — expensive relative to its history), EV/EBITDA of 46.41 (range: 14.54–306.91, 70th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Corning Incorporated's P/E ratio has expanded by 239% over the observed period (from an average of 32.7 to 110.9).
Corning Incorporated trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 59.84 | 48.73 | 61th | above its historical average |
| P/S Ratio | 6.70 | 3.02 | 85th | expensive relative to its history |
| EV/EBITDA | 46.41 | 36.68 | 70th | above its historical average |
| FCF Yield | 2.11% | 1.67% | 98th | cheap relative to its history |
Corning Incorporated (GLW) Valuation & P/E History
Corning Incorporated (GLW) is a US-listed stock operating in the Industrials sector, specifically the Drawing & Insulating Of Nonferrous Wire industry currently trading at $130.86 with a market capitalization of $112.7 billion. This page provides historical valuation analysis for GLW based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 59.84 is above the historical median of 48.73, placing GLW at the 61th percentile of its valuation range. The P/S ratio of 6.70 compares to a median of 3.02.
GLW Valuation Metrics & Historical Range
The valuation table above shows Corning Incorporated's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether GLW is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests GLW is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Corning Incorporated.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is GLW Overvalued or Undervalued?
Corning Incorporated trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 72 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive GLW is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full GLW analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.GLW trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.