PPG Ppg Industries PE ratio, current and historical analysis
The current price-to-earnings ratio for Ppg Industries stock as of Nov 21, 2024 is 19.35. This is calculated based on the current EPS of $6.34 and the stock price of $122.68 per share. The PE ratio has decreased by 17% from the past four quarters average of 23.4.
PPG PE ratio history
The average historical PE ratio of Ppg Industries for the last ten years is 23.93. The current price-to-earnings ratio of 19.35 is 19% less than the historical average. In the past ten years, PPG's PE ratio reached its highest point in the Sep 2016 quarter at 32.71, when the stock price was $103.36 and the EPS was $3.16. The lowest point was recorded in the Dec 2014 quarter, when it reached 15.21 with a price of $115.58 and an EPS of $7.6.
Ppg Industries PE ratio by year
Maximum annual increase: 80.86% in 2014
Maximum annual decrease: -34.79% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.8 | -4.04% |
| 2022 | 28.97 | 1.79% |
| 2021 | 28.46 | -11.78% |
| 2020 | 32.26 | 26.86% |
| 2019 | 25.43 | 36.79% |
| 2018 | 18.59 | -1.01% |
| 2017 | 18.78 | -34.79% |
| 2016 | 28.8 | 50.94% |
| 2015 | 19.08 | 25.44% |
| 2014 | 15.21 | 80.86% |
PPG average PE ratio chart
The current PE ratio of PPG is lower than the 3, 5 and 10-year averages.
PPG PE vs peers
PPG's PE ratio is less than its peer stocks SHW and GLW, but it is above OC's. Ppg Industries's current PE ratio of 19.35 is less than the average of its peers, which is 31.34.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OC Owens Corning | 16.85 | $17.2B |
| PPG Ppg Industries Inc | 19.38 | $28.51B |
| RPM Rpm International Inc | 28.63 | $17.65B |
| SHW Sherwin Williams Co | 38.04 | $97.53B |
| DD DuPont de Nemours Inc | 42.87 | $34.76B |
| GLW Corning Inc | 254.45 | $41.39B |
Frequently asked questions
What is Ppg Industries's PE ratio?
The price to earnings ratio for PPG stock is 19.35 as of Nov 21, 2024.
What is the 3-year average PE ratio for Ppg Industries (PPG)?
Over the last 3 years, the average PE ratio for PPG stock is 25.15.
What is the 5-year average PE ratio for Ppg Industries (PPG)?
Over the last 5 years, the average PE ratio for PPG stock is 25.41.
What is the highest PE ratio for PPG?
Over the last ten years, the quarterly PE ratio reached a historic high of 32.71 in the Sep 2016 quarter.
How does the current PE ratio for PPG compare to its historical average?
The current price to earnings ratio of PPG is 19% lower than the 10-year historical average.
How is PPG's PE ratio calculated (Ppg Industries PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Ppg Industries's stock price is $122.68. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.34. Therefore, Ppg Industries's price to earnings ratio for today is 19.35. PE RATIO(19.35) = STOCK PRICE($122.68) / TTM EPS($6.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.