Owens Corning
OC

$14.7 B
Marketcap
$171.34
Share price
Country
$-1.89
Change (1 day)
$214.53
Year High
$138.70
Year Low
Categories

Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades applications in the building and construction, renewable energy, and infrastructure markets. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells insulation products for residential, commercial, industrial, and other markets for thermal and acoustical applications; and glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation products used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors under the Thermafiber, FOAMULAR, FOAMGLAS, Paroc, Owens Corning PINK, and FIBERGLAS Insulation brand names. The Roofing segment manufactures and sells aminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through distributors, home centers, lumberyards, retailers, and contractors, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.

marketcap

P/E ratio for Owens Corning (OC)

P/E ratio as of 2023: 11.17

According to Owens Corning's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.17. At the end of 2022 the company had a P/E ratio of 6.64.

P/E ratio history for Owens Corning from 1987 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 11.17
2022 6.64
2021 9.41
2020 -21.37
2019 17.56
2018 8.91
2017 35.47
2016 15.01
2015 16.70
2014 18.62
2013 23.59
2012 -231.19
2011 12.75
2010 4.19
2009 50.00
2008 -2.64
2007 27.04
2006 -31.00
2005 -0.36
2004 7.25
2003 12.84
2002 -0.52
2001 37.76
2000 -3.07
1999 5.36
1998 -2.03
1997 30.11
1996 -4.87
1995 5.76
1994 7.44
1993 8.92
1992 15.74
1991 -2.13
1990 15.03
1989 6.56
1988 5.68
1987 5.05