The current price-to-earnings ratio for Ppg Industries stock as of Nov 29, 2023 is 23.22. This is calculated based on the current EPS of $6.01 and the stock price of $139.55 per share. The PE ratio has decreased by 9% from the past four quarters average of 25.4.
The average historical PE ratio of Ppg Industries for the last ten years is 22.77. The current price-to-earnings ratio of 23.22 is in line with 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 2013 quarter, when it reached 8.41 with a price of $94.83 and an EPS of $11.27.
Maximum annual increase: 80.86% in 2014
Maximum annual decrease: -61.84% in 2013
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2013 | 8.41 | -61.84% |
The current PE ratio of PPG is above the 10-year average, but it is lower than the 3 and 5-year averages.
PPG's PE ratio is less than its peer stocks SHW and GLW, but it is above DD's and OC's. Ppg Industries's current PE ratio of 23.22 is more than the average of its peers, which is 22.6.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DD DuPont de Nemours Inc | 7.52 | $30.72B |
| OC Owens Corning | 10.19 | $11.92B |
| PPG Ppg Industries Inc | 23.22 | $32.91B |
| RPM Rpm International Inc | 25.38 | $13.05B |
| SHW Sherwin Williams Co | 29 | $70.06B |
| GLW Corning Inc | 40.9 | $24.08B |
The price to earnings ratio for PPG stock is 23.22 as of Nov 29, 2023.
Over the last 3 years, the average PE ratio for PPG stock is 26.73.
Over the last 5 years, the average PE ratio for PPG stock is 24.99.
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 2% higher 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 (Nov 29, 2023), Ppg Industries's stock price is $139.55. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $6.01. Therefore, Ppg Industries's price to earnings ratio for today is 23.22. PE RATIO(23.22) = STOCK PRICE($139.55) / TTM EPS($6.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.