Corning Tangible Book Value Per Share from 2010 to 2024

GLW Stock  USD 48.67  0.45  0.93%   
Corning Incorporated Tangible Book Value Per Share yearly trend continues to be fairly stable with very little volatility. Tangible Book Value Per Share will likely drop to 5.43 in 2024. During the period from 2010 to 2024, Corning Incorporated Tangible Book Value Per Share regression line of quarterly data had mean square error of  13.62 and geometric mean of  10.76. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
10.12146226
Current Value
5.43
Quarterly Volatility
3.59823298
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corning Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corning Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 768.6 M, Interest Expense of 345.4 M or Total Revenue of 6.9 B, as well as many indicators such as Price To Sales Ratio of 2.61, Dividend Yield of 0.0364 or PTB Ratio of 4.2. Corning financial statements analysis is a perfect complement when working with Corning Incorporated Valuation or Volatility modules.
  
Check out the analysis of Corning Incorporated Correlation against competitors.
For more information on how to buy Corning Stock please use our How to Invest in Corning Incorporated guide.

Latest Corning Incorporated's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Corning Incorporated over the last few years. It is Corning Incorporated's Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Corning Incorporated's overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Pretty Stable
   Tangible Book Value Per Share   
       Timeline  

Corning Tangible Book Value Per Share Regression Statistics

Arithmetic Mean11.67
Geometric Mean10.76
Coefficient Of Variation30.83
Mean Deviation2.59
Median12.73
Standard Deviation3.60
Sample Variance12.95
Range12.9793
R-Value(0.15)
Mean Square Error13.62
R-Squared0.02
Significance0.59
Slope(0.12)
Total Sum of Squares181.26

Corning Tangible Book Value Per Share History

2024 5.43
2023 10.12
2022 10.5
2021 10.84
2020 12.72
2019 12.73
2018 11.33

About Corning Incorporated Financial Statements

Corning Incorporated investors use historical fundamental indicators, such as Corning Incorporated's Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Corning Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 10.12  5.43 

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Additional Tools for Corning Stock Analysis

When running Corning Incorporated's price analysis, check to measure Corning Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corning Incorporated is operating at the current time. Most of Corning Incorporated's value examination focuses on studying past and present price action to predict the probability of Corning Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corning Incorporated's price. Additionally, you may evaluate how the addition of Corning Incorporated to your portfolios can decrease your overall portfolio volatility.