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OC (Owens-Corning) Forward PE Ratio : 11.66 (As of Dec. 15, 2024)


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What is Owens-Corning Forward PE Ratio?

Owens-Corning's Forward PE Ratio for today is 11.66.

Owens-Corning's PE Ratio without NRI for today is 12.25.

Owens-Corning's PE Ratio (TTM) for today is 16.29.


Owens-Corning Forward PE Ratio Historical Data

The historical data trend for Owens-Corning's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Owens-Corning Forward PE Ratio Chart

Owens-Corning Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-12
Forward PE Ratio
15.85 13.76 17.86 7.91 12.33 14.10 9.58 8.22 11.27 11.66

Owens-Corning Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12
Forward PE Ratio 15.85 13.37 17.18 14.88 13.76 15.41 17.18 15.43 17.86 13.99 11.31 8.61 7.91 9.20 12.66 11.70 12.33 7.71 22.32 14.81 14.10 14.47 13.35 9.44 9.58 8.93 6.71 6.31 8.22 9.72 12.90 10.37 11.27 12.35 12.12 10.16 11.66

Competitive Comparison of Owens-Corning's Forward PE Ratio

For the Building Products & Equipment subindustry, Owens-Corning's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Owens-Corning's Forward PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Owens-Corning's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Owens-Corning's Forward PE Ratio falls into.



Owens-Corning Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Owens-Corning  (NYSE:OC) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Owens-Corning Forward PE Ratio Related Terms

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Owens-Corning Business Description

Traded in Other Exchanges
Address
One Owens Corning Parkway, Toledo, OH, USA, 43659
Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with three reportable segments: Composites, Insulation, and Roofing. It generates maximum revenue from the Roofing segment. Its Roofing segment laminate and strip asphalt roofing shingles, roofing components, synthetic packaging materials, and oxidized asphalt. It meets the growing demand for longer-lasting, aesthetically attractive laminate products with modest capital investment. Geographically the company generates the majority of its revenue from the United States.
Executives
Jose Mendez-andino officer: EVP, Chief R&D Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
W Howard Morris director 1538 STRATHCONA, DETROIT MI 48203
Marcio A Sandri officer: President, Composites ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Todd W Fister officer: President, Insulation ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Mari Doerfler officer: Vice President and Controller ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Monaco Nicolas Del officer: President, Insulation ONE OWENS CORNING PKWY, TOLEDO OH 43659
Paula Russell officer: SVP, Chief HR Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gunner Smith officer: President, Roofing ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Brian Chambers officer: President, Roofing and Asphalt ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Kelly Schmidt officer: Vice President and Controller ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Daniel T Smith officer: Sr. VP Organization & Admin OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gina A. Beredo officer: EVP, GC and Secretary C/O OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paul Edward Martin director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Alfred E Festa director
Kenneth Scott Parks officer: Sr. VP&Chief Financial Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659