CORNING INC /NY (GLW)
Drawing & Insulating of Nonferrous Wire
Latest Price
$138.25
TTM P/E
66.47
Normalized P/E
107.83
Div Yield
0.61%
Book Value
13.78
P/B Ratio
10.03
Valuation metrics
adjust assumptions →EPS: $1.83
Book value / share: $13.56
Formula: √(22.5 × EPS × BVPS)
Graham Number
$23.63
83% downside
Norm. op. income: $1.3B (median of 7yr)
Tax rate: 21%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$3.98
97% downside
Base FCF: $1.0B (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$78.45
43% downside
EPS: $1.83
Target P/E: 66×
Formula: EPS × P/E
P/E Fair Value
$120.78
13% downside
Institutional Ownership
70.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 66.71M | $9.07B | 7.78% | +3.13M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 50.46M | $6.86B | 5.89% | -- | 2026-03-31 |
| STATE STREET CORP | 36.26M | $4.93B | 4.23% | -525.0K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 28.27M | $3.84B | 3.30% | -- | 2026-03-31 |
| FMR LLC | 24.91M | $3.39B | 2.91% | +10.46M | 2026-03-31 |
| Capital Research Global Investors | 21.85M | $2.97B | 2.55% | +4.96M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 20.96M | $2.84B | 2.45% | +552.9K | 2026-03-31 |
| MORGAN STANLEY | 15.67M | $2.13B | 1.83% | +460.4K | 2026-03-31 |
| BANK OF AMERICA CORP /DE/ | 14.50M | $1.97B | 1.69% | -2.88M | 2026-03-31 |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 13.42M | $1.82B | 1.57% | -496.6K | 2026-03-31 |