Corning (XSWX:GLW) Shiller PE Ratio: 115.15 (As of Aug. 25, 2026) — 389% Above Median

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XSWX:GLW Corning Inc XSWX:GLW
72 GF Score
Price CHF116.30
GF Value CHF52.03
! 2 Warning Signs
View Full Analysis

What is Corning Shiller PE Ratio?

Corning XSWX:GLW -3.28% 72 Shiller PE Ratio is 115.15 as of Aug. 25, 2026, which is 389% above its 10-year median of 23.54. GuruFocus rates XSWX:GLW with a GF Score™ of 72/100 and a GF Value™ of CHF52.03. The stock has 2 warning signs investors should review. Among 1,416 Hardware companies, Corning ranks worse than 86.51% on this metric.

As of today (2026-08-25), Corning's current share price is CHF116.30. Corning's E10 for the quarter that ended in Jun. 2026 was CHF1.01. Corning's Shiller PE Ratio for today is 115.15.

The historical rank and industry rank for Corning's Shiller PE Ratio or its related term are showing as below:

XSWX:GLW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.97   Med: 23.54   Max: 159.99
Current: 118.56

During the past years, Corning's highest Shiller PE Ratio was 159.99. The lowest was 11.97. And the median was 23.54.

XSWX:GLW's Shiller PE Ratio is ranked worse than
86.51% of 1416 companies
in the Hardware industry
Industry Median: 29.8 vs XSWX:GLW: 118.56

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Corning's adjusted earnings per share data for the three months ended in Jun. 2026 was CHF0.512. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF1.01 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corning  (XSWX:GLW) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Corning Shiller PE Ratio Related Terms


Corning Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Corning's Shiller 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.

Corning Shiller PE Ratio Chart

Corning Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.40 22.80 22.74 39.43 67.91

Corning Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.26 65.44 67.91 96.65 208.07

XSWX:GLW vs APH, TEL, FLEX: Shiller PE Ratio Comparison

For the Electronic Components subindustry, Corning's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Corning Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Corning's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Corning's Shiller PE Ratio falls into.


XSWX:GLW
72GF Score
Corning Inc XSWX:GLW
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corning Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Corning's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=116.30/1.01
=115.15

* 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.

Corning's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Corning's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.512/333.9520*333.9520
=0.512

Current CPI (Jun. 2026) = 333.9520.

Corning Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.253 241.428 0.350
201612 1.499 241.432 2.073
201703 0.070 243.801 0.096
201706 0.407 244.955 0.555
201709 0.375 246.819 0.507
201712 -1.638 246.524 -2.219
201803 -0.683 249.554 -0.914
201806 0.772 251.989 1.023
201809 0.649 252.439 0.859
201812 0.317 251.233 0.421
201903 0.550 254.202 0.723
201906 0.089 256.143 0.116
201909 0.376 256.759 0.489
201912 0.010 256.974 0.013
202003 -0.153 258.115 -0.198
202006 -0.124 257.797 -0.161
202009 0.439 260.280 0.563
202012 0.249 260.474 0.319
202103 0.623 264.877 0.785
202106 -0.381 271.696 -0.468
202109 0.397 274.310 0.483
202112 0.516 278.802 0.618
202203 0.632 287.504 0.734
202206 0.640 296.311 0.721
202209 0.234 296.808 0.263
202212 -0.037 296.797 -0.042
202303 0.185 301.836 0.205
202306 0.297 305.109 0.325
202309 0.171 307.789 0.186
202312 -0.043 306.746 -0.047
202403 0.213 312.332 0.228
202406 0.107 314.175 0.114
202409 -0.119 315.301 -0.126
202412 0.321 315.605 0.340
202503 0.159 319.799 0.166
202506 0.439 322.561 0.455
202509 0.398 324.800 0.409
202512 0.494 324.054 0.509
202603 0.339 330.213 0.343
202606 0.512 333.952 0.512

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 115.15 mean?
Corning (XSWX:GLW) has a Shiller PE Ratio of 115.15 as of Aug. 25, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Corning and its competitors. This is 389% above median its historical median of 23.54. Over the past decade, Corning's Shiller PE Ratio has ranged from 11.97 to 159.99. According to the industry distribution chart, Corning ranks #1225 out of 1416 companies in the Hardware industry, placing it in the top 86.5%.
Is Corning's Shiller PE Ratio too high?
Corning's current Shiller PE Ratio of 115.15 is 389% above median its 10-year median of 23.54. Over the past 10 years, this metric has ranged from a low of 11.97 to a high of 159.99. The Hardware industry median Shiller PE Ratio is 29.80. Corning's value of 115.15 is 286.4% above this industry median. Based on the distribution chart, Corning ranks #1225 out of 1416 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Corning has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Corning's Shiller PE Ratio compare to APH and TEL?
According to the Hardware industry distribution chart, Corning ranks #1225 out of 1416 companies for Shiller PE Ratio. This places Corning in the lower half of its industry. The industry median Shiller PE Ratio is 29.80. Corning's value of 115.15 is 286.4% above this benchmark. Historically, Corning's own Shiller PE Ratio has ranged from 11.97 to 159.99 over the past decade. While the company's 10-year median is 23.54 vs. the industry median of 29.80, Corning has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Hardware company?
The median Shiller PE Ratio among Hardware companies is 29.80, based on 1,416 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corning's current Shiller PE Ratio of 115.15 is 286.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Corning and its competitors. For the Hardware industry, the median Shiller PE Ratio is 29.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corning's current Shiller PE Ratio is 115.15, which is 389% above median its own 10-year median of 23.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corning stock overvalued right now?
Corning (XSWX:GLW) has a current Shiller PE Ratio of 115.15. The stock's GF Value™ is CHF52.03, compared to a current price of CHF116.30 — trading 123.5% above its estimated fair value. The current Shiller PE Ratio is 115.15, which is 389% above median its 10-year median of 23.54 and 286.4% above the Hardware industry median of 29.80. Corning's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Corning (XSWX:GLW), the current Shiller PE Ratio is 115.15 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Corning (XSWX:GLW) Overvalued in 2026?

Based on GuruFocus' analysis, Corning stock appears to be overvalued. The current stock price of CHF116.30 is trading 123.5% above its estimated GF Value™ of CHF52.03.

Key valuation signals for XSWX:GLW:

  • Shiller PE Ratio: 115.15 (389% above median its 10-year median of 23.54)
  • GF Value™: CHF52.03 vs. price of CHF116.30 (123.5% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 286.4% above the Hardware median (#1225 of 1416)

No single metric tells the full story. See the XSWX:GLW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Corning Business Description

Address One Riverfront Plaza, Corning, NY, USA, 14831
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 and data centers. It also provides cover glass for smartphones as well as filters and substrates and glass for cars, produces pharmaceutical glass, and produces polysilicon for solar panels. Corning is a US producer and is vertically integrated across its products and markets.
72GF Score

Get the complete analysis for XSWX:GLW

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF116.30
Price
CHF52.03
GF Value