Price to Book Value (P/BV)
since 2005
Calculation
Corning Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Total Corning Incorporated shareholders’ equity1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 12, 2024 | 2.38 | = | 32.18 | ÷ | 13.53 | 13.53 | = | 11,551 | ÷ | 853,474,317 | |
| Feb 13, 2023 | 2.51 | = | 35.67 | ÷ | 14.18 | 14.18 | = | 12,008 | ÷ | 846,563,422 | |
| Feb 14, 2022 | 2.83 | = | 41.29 | ÷ | 14.58 | 14.58 | = | 12,333 | ÷ | 845,849,498 | |
| Feb 12, 2021 | 2.14 | = | 36.88 | ÷ | 17.25 | 17.25 | = | 13,257 | ÷ | 768,367,889 | |
| Feb 18, 2020 | 1.65 | = | 27.97 | ÷ | 16.90 | 16.90 | = | 12,907 | ÷ | 763,628,266 | |
| Feb 12, 2019 | 1.94 | = | 34.02 | ÷ | 17.53 | 17.53 | = | 13,792 | ÷ | 786,761,073 | |
| Feb 15, 2018 | 1.61 | = | 29.54 | ÷ | 18.31 | 18.31 | = | 15,698 | ÷ | 857,453,098 | |
| Feb 6, 2017 | 1.39 | = | 26.71 | ÷ | 19.28 | 19.28 | = | 17,893 | ÷ | 928,093,508 | |
| Feb 12, 2016 | 1.09 | = | 18.39 | ÷ | 16.88 | 16.88 | = | 18,788 | ÷ | 1,112,837,205 | |
| Feb 13, 2015 | 1.47 | = | 25.00 | ÷ | 16.97 | 16.97 | = | 21,579 | ÷ | 1,271,340,532 | |
| Feb 10, 2014 | 1.21 | = | 18.43 | ÷ | 15.20 | 15.20 | = | 21,162 | ÷ | 1,392,124,762 | |
| Feb 13, 2013 | 0.88 | = | 12.78 | ÷ | 14.59 | 14.59 | = | 21,486 | ÷ | 1,472,398,789 | |
| Feb 13, 2012 | 0.98 | = | 13.67 | ÷ | 13.88 | 13.88 | = | 21,078 | ÷ | 1,518,270,483 | |
| Feb 10, 2011 | 1.79 | = | 22.16 | ÷ | 12.37 | 12.37 | = | 19,375 | ÷ | 1,565,707,084 | |
| Feb 10, 2010 | 1.76 | = | 17.52 | ÷ | 9.97 | 9.97 | = | 15,543 | ÷ | 1,558,884,218 | |
| Feb 24, 2009 | 1.17 | = | 10.14 | ÷ | 8.64 | 8.64 | = | 13,443 | ÷ | 1,555,025,555 | |
| Feb 15, 2008 | 3.83 | = | 23.08 | ÷ | 6.03 | 6.03 | = | 9,496 | ÷ | 1,574,635,950 | |
| Feb 27, 2007 | 4.41 | = | 20.38 | ÷ | 4.62 | 4.62 | = | 7,246 | ÷ | 1,569,697,474 | |
| Feb 24, 2006 | 6.96 | = | 24.70 | ÷ | 3.55 | 3.55 | = | 5,487 | ÷ | 1,545,982,974 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Corning Inc. Annual Report.
Comparison to Competitors
Corning Inc., P/BV, long-term trends, comparison to competitors
| Corning Inc. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|
| Feb 12, 2024 | 2.38 | 44.21 | 11.50 | 5.19 | 6.85 |
| Feb 13, 2023 | 2.51 | 48.89 | 8.87 | 4.69 | 2.54 |
| Feb 14, 2022 | 2.83 | 38.96 | 10.05 | 5.99 | 1.65 |
| Feb 12, 2021 | 2.14 | 28.33 | 7.15 | 4.57 | 1.35 |
| Feb 18, 2020 | 1.65 | 12.21 | 5.91 | 6.12 | 1.21 |
| Feb 12, 2019 | 1.94 | 8.93 | 9.33 | 5.00 | 1.33 |
| Feb 15, 2018 | 1.61 | 6.61 | 11.10 | 2.38 | 1.28 |
| Feb 6, 2017 | 1.39 | 4.81 | 7.63 | 2.48 | 1.44 |
| Feb 12, 2016 | 1.09 | 5.57 | 5.86 | 2.23 | 2.08 |
| Feb 13, 2015 | 1.47 | 5.53 | 8.22 | 2.24 | 2.56 |
| Feb 10, 2014 | 1.21 | 3.82 | — | 2.19 | 1.51 |
| Feb 13, 2013 | 0.88 | 4.74 | — | 1.97 | 1.63 |
| Feb 13, 2012 | 0.98 | 4.86 | — | 1.86 | 1.78 |
| Feb 10, 2011 | 1.79 | 5.91 | — | 2.73 | 1.64 |
| Feb 10, 2010 | 1.76 | 6.39 | — | 3.46 | 1.56 |
| Feb 24, 2009 | 1.17 | 4.37 | — | 3.83 | 2.20 |
| Feb 15, 2008 | 3.83 | 9.90 | — | 6.20 | 2.20 |
| Feb 27, 2007 | 4.41 | 7.30 | — | 5.80 | — |
| Feb 24, 2006 | 6.96 | 8.09 | — | 4.92 | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Technology Hardware & Equipment)
Corning Inc., P/BV, long-term trends, comparison to sector (technology hardware & equipment)
| Corning Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Feb 12, 2024 | 2.38 | 26.57 |
| Feb 13, 2023 | 2.51 | 28.02 |
| Feb 14, 2022 | 2.83 | 25.10 |
| Feb 12, 2021 | 2.14 | 19.04 |
| Feb 18, 2020 | 1.65 | 10.39 |
| Feb 12, 2019 | 1.94 | 7.79 |
| Feb 15, 2018 | 1.61 | 5.24 |
| Feb 6, 2017 | 1.39 | 4.05 |
| Feb 12, 2016 | 1.09 | 4.46 |
| Feb 13, 2015 | 1.47 | 4.43 |
| Feb 10, 2014 | 1.21 | 3.29 |
| Feb 13, 2013 | 0.88 | 3.89 |
| Feb 13, 2012 | 0.98 | 3.71 |
| Feb 10, 2011 | 1.79 | 4.38 |
| Feb 10, 2010 | 1.76 | 4.68 |
| Feb 24, 2009 | 1.17 | 4.03 |
| Feb 15, 2008 | 3.83 | 7.36 |
| Feb 27, 2007 | 4.41 | 6.24 |
| Feb 24, 2006 | 6.96 | 5.69 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Corning Inc., P/BV, long-term trends, comparison to industry (information technology)
| Corning Inc. | Information Technology | |
|---|---|---|
| Feb 12, 2024 | 2.38 | 11.38 |
| Feb 13, 2023 | 2.51 | 10.36 |
| Feb 14, 2022 | 2.83 | 12.41 |
| Feb 12, 2021 | 2.14 | 10.96 |
| Feb 18, 2020 | 1.65 | 8.28 |
| Feb 12, 2019 | 1.94 | 7.01 |
| Feb 15, 2018 | 1.61 | 5.46 |
| Feb 6, 2017 | 1.39 | 4.51 |
| Feb 12, 2016 | 1.09 | 4.28 |
| Feb 13, 2015 | 1.47 | 4.33 |
| Feb 10, 2014 | 1.21 | 3.49 |
| Feb 13, 2013 | 0.88 | 3.75 |
| Feb 13, 2012 | 0.98 | 3.99 |
| Feb 10, 2011 | 1.79 | 4.17 |
| Feb 10, 2010 | 1.76 | 4.33 |
| Feb 24, 2009 | 1.17 | 4.05 |
| Feb 15, 2008 | 3.83 | 8.74 |
| Feb 27, 2007 | 4.41 | 7.28 |
| Feb 24, 2006 | 6.96 | 7.45 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).