Corning

GLW

#502

Rank

NZ$71.11 B

Marketcap

🇺🇸 United States

Country

$83.05

Share price

-0.87%

Change (1 day)

71.35%

Change (1 year)

Corning, Inc. is an American company that produces glass, ceramics and related materials for industrial and scientific applications.

Corning (GLW) - P/B ratio

P/B ratio as of December 2024 : 3.57

According to Corning's latest financial reports the company has a price-to-book ratio of 3.24261.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Corning - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	3.60	64.24%
2023-12-31	2.19	-0.54%
2022-12-31	2.20	-10.65%
2021-12-31	2.46	20.44%
2020-12-31	2.05	19.84%
2019-12-31	1.71	-0.45%
2018-12-31	1.71	-2.17%
2017-12-31	1.75	36.32%
2016-12-31	1.29	17.38%
2015-12-31	1.10	-18.84%
2014-12-31	1.35	14.79%
2013-12-31	1.18	36.42%
2012-12-31	0.8615	-10.76%
2011-12-31	0.9655	-37.81%
2010-12-31	1.55	-19.27%
2009-12-31	1.92	75.14%
2008-12-31	1.10	-72.15%
2007-12-31	3.94	-1.84%
2006-12-31	4.02	-26.46%
2005-12-31	5.46	26.7%
2004-12-31	4.31	69.23%
2003-12-31	2.55	205.33%
2002-12-31	0.8341

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
PPG Industries PPG	3.55	-0.39%	🇺🇸 USA
TE Connectivity TEL	3.54	-0.60%	🇨🇭 Switzerland
Clearfield CLFD	1.66	-53.56%	🇺🇸 USA
CommScope COMM	-0.5767	-116.17%	🇺🇸 USA
Owens Corning OC	2.77	-22.31%	🇺🇸 USA
3M MMM	14.9	316.57%	🇺🇸 USA
Thermo Fisher Scientific TMO	4.12	15.53%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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