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PPG Ppg Industries PE ratio, current and historical analysis

The current price-to-earnings ratio for Ppg Industries stock as of May 24, 2024 is 22.05. This is calculated based on the current EPS of $5.96 and the stock price of $131.42 per share. The PE ratio has decreased by 12% from the past four quarters average of 25.0.

PPG PE ratio history

How has PPG's PE ratio performed in the past

The average historical PE ratio of Ppg Industries for the last ten years is 23.54. The current price-to-earnings ratio of 22.05 is 6% 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.

Average
23.54
Median
24.32
Minimum
11.95
Maximum
32.71

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

What is the average PE ratio of PPG for the past years

The current PE ratio of PPG is lower than the 3, 5 and 10-year averages.

3-year avg
25.89
5-year avg
25.64
10-year avg
23.54
15-year avg
21.38

PPG PE vs peers

What is PPG's PE ratio compared to its peers

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 22.05 is less than the average of its peers, which is 30.55.

Stock name PE ratio Market cap
OC Owens Corning 14.52 $15.72B
PPG Ppg Industries Inc 22.05 $30.82B
RPM Rpm International Inc 25.86 $14.55B
SHW Sherwin Williams Co 32.12 $77.29B
GLW Corning Inc 49.7 $31.08B
DD DuPont de Nemours Inc 96.57 $33.92B

Frequently asked questions

What is Ppg Industries's PE ratio?

The price to earnings ratio for PPG stock is 22.05 as of May 24, 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 25.89.

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 25.64.

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 6% 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 (May 24, 2024), Ppg Industries's stock price is $131.42. 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 22.05. PE RATIO(22.05) = STOCK PRICE($131.42) / TTM EPS($5.96)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.