Owens Corning Inc

NYSE OC

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Owens Corning Inc Price to Earnings Ratio (P/E) on June 03, 2024: 22.92

Owens Corning Inc Price to Earnings Ratio (P/E) is 22.92 on June 03, 2024, a 192.14% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Owens Corning Inc 52-week high Price to Earnings Ratio (P/E) is 23.04 on May 24, 2024, which is 0.54% above the current Price to Earnings Ratio (P/E).
  • Owens Corning Inc 52-week low Price to Earnings Ratio (P/E) is 7.84 on June 05, 2023, which is -65.77% below the current Price to Earnings Ratio (P/E).
  • Owens Corning Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is 11.97.
NYSE: OC

Owens Corning Inc

CEO Mr. Brian D. Chambers
IPO Date Nov. 1, 2006
Location United States
Headquarters One Owens Corning Parkway, Toledo, OH, United States, 43659
Employees 18,000
Sector Industrials
Industry Building products & equipment
Description

Owens Corning manufactures and sells building and construction materials in the United States, Europe, the Asia Pacific, and internationally. It operates in three segments: Roofing, Insulation, and Composites. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications. This segment sells its products through distributors, home centers, and lumberyards, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. The Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories under the Owens Corning PINK, and FIBERGLAS brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. 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 composite lumber. Its products are used in building structures, roofing shingles, tubs and showers, pools, decking, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The company was incorporated in 1938 and is headquartered in Toledo, Ohio.

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StockViz Staff

September 16, 2024

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