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The PEG ratio measures a stock's valuation relative to its earnings growth rate. A PEG ratio below 1.0 may indicate that the stock is undervalued relative to its growth potential.
As of the most recent data, GLW shows a PEG ratio of 73.02. That is above the Technology sector average of 4.26. Scroll down for historical charts and peer comparison views.
The Technology sector average PEG ratio is about 4.26. Corning is at 73.02, which is higher that average. That is roughly 1614.3% above the sector mean. Use the comparison chart on this page to see how GLW stacks up against individual peers as well.
Investors watch GLW's PEG ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Corning's latest reading is 73.02. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this peg ratio page, Stockcircle has Corning's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect PEG ratio (currently 73.02) with ownership activity and broader fundamentals.
The Technology average PEG ratio is about 4.26, while GLW is at 73.02. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.