The current price-to-earnings ratio for Ppg Industries stock as of Apr 26, 2024 is 21.84. This is calculated based on the current EPS of $5.96 and the stock price of $130.16 per share. The PE ratio has decreased by 13% from the past four quarters average of 25.0.
The average historical PE ratio of Ppg Industries for the last ten years is 23.54. The current price-to-earnings ratio of 21.84 is 7% 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 Sep 2014 quarter, when it reached 11.95 with a price of $98.37 and an EPS of $8.23.
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% |
The current PE ratio of PPG is lower than the 3, 5 and 10-year averages.
PPG's PE ratio is less than its peer stocks SHW and DD, but it is above OC's. Ppg Industries's current PE ratio of 21.84 is less than the average of its peers, which is 29.06.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OC Owens Corning | 13.49 | $14.6B |
| PPG Ppg Industries Inc | 21.84 | $30.52B |
| RPM Rpm International Inc | 24.57 | $13.83B |
| SHW Sherwin Williams Co | 32.78 | $77.98B |
| GLW Corning Inc | 45.41 | $26.74B |
| DD DuPont de Nemours Inc | 78.41 | $30.78B |
The price to earnings ratio for PPG stock is 21.84 as of Apr 26, 2024.
Over the last 3 years, the average PE ratio for PPG stock is 25.89.
Over the last 5 years, the average PE ratio for PPG stock is 25.64.
Over the last ten years, the quarterly PE ratio reached a historic high of 32.71 in the Sep 2016 quarter.
The current price to earnings ratio of PPG is 7% lower than the 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Ppg Industries's stock price is $130.16. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.96. Therefore, Ppg Industries's price to earnings ratio for today is 21.84. PE RATIO(21.84) = STOCK PRICE($130.16) / TTM EPS($5.96)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.