SHW
Sherwin-Williams
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: SHW
- PE Ratio
As of Jul 31, 2026, the Sherwin-Williams stock's P/E ratio is 31.1. This takes into account the latest EPS of $10.96 and stock price of $340.85. The PE ratio at present is nearly equal to the average from the previous 4 quarters.
SHW PE ratio history
The PE ratio of Sherwin-Williams has averaged 30.91 over the last ten years. The current price-to-earnings ratio of 31.1 is in line with the historical average. Analyzing the last ten years, SHW's PE ratio reached its highest point in the Dec 2021 quarter at 49.6, when the price was $352.16 and the EPS was $7.1. The lowest point was recorded in the Jun 2018 quarter, when it reached 20.81 with a price of $135.86 and an EPS of $6.53.
Sherwin-Williams PE ratio by year
Maximum annual increase: 51.45% in 2021
Maximum annual decrease: -38.89% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 31.25 | -1.82% | $324.03 | $10.37 |
| 2024 | 31.83 | -4.59% | $339.93 | $10.68 |
| 2023 | 33.36 | 10.06% | $311.9 | $9.35 |
| 2022 | 30.31 | -38.89% | $237.33 | $7.83 |
| 2021 | 49.6 | 51.45% | $352.16 | $7.1 |
| 2020 | 32.75 | -5.7% | $244.97 | $7.48 |
| 2019 | 34.73 | 5.12% | $194.51 | $5.6 |
| 2018 | 33.04 | 49.84% | $131.15 | $3.97 |
| 2017 | 22.05 | 1.15% | $136.68 | $6.2 |
| 2016 | 21.8 | -4.01% | $89.58 | $4.11 |
| 2015 | 22.71 | -22.31% | $86.53 | $3.81 |
| 2014 | 29.23 | 18.05% | $87.68 | $3 |
| 2013 | 24.76 | -1% | $61.17 | $2.47 |
| 2012 | 25.01 | 18.53% | $51.27 | $2.05 |
| 2011 | 21.1 | 8.09% | $29.76 | $1.41 |
Sherwin-Williams PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 31.42 | 3.32% | $344.32 | $10.96 |
| Mar 2026 | 30.41 | -2.69% | $320.55 | $10.54 |
| Dec 2025 | 31.25 | -6.49% | $324.03 | $10.37 |
| Sep 2025 | 33.42 | -0.71% | $346.26 | $10.36 |
| Jun 2025 | 33.66 | 3.25% | $343.36 | $10.2 |
| Mar 2025 | 32.6 | 2.42% | $349.19 | $10.71 |
| Dec 2024 | 31.83 | -15.1% | $339.93 | $10.68 |
| Sep 2024 | 37.49 | 24.88% | $381.67 | $10.18 |
| Jun 2024 | 30.02 | -17.98% | $298.43 | $9.94 |
| Mar 2024 | 36.6 | 9.71% | $347.33 | $9.49 |
| Dec 2023 | 33.36 | 23.46% | $311.9 | $9.35 |
| Sep 2023 | 27.02 | -7.18% | $255.05 | $9.44 |
| Jun 2023 | 29.11 | 6.98% | $265.52 | $9.12 |
| Mar 2023 | 27.21 | -10.23% | $224.77 | $8.26 |
| Dec 2022 | 30.31 | 11.19% | $237.33 | $7.83 |
SHW Price vs fair value
SHW average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, SHW's PE ratio is above its 10-year average, but it is under its 3 and 5-year averages.
PE comparison
Sherwin-Williams's price to earnings (P/E) of 31.1 is higher than the Basic Materials sector, the industry and its peers average. Looking at the Basic Materials sector average of 21.91, Sherwin-Williams's price to earnings (P/E) is 42% higher.
SHW PE vs peers
When compared to its peer stocks HD and PPG, SHW's PE ratio is higher. Sherwin-Williams's PE ratio is trading above the peer average of 18.51.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PPG PPG Industries Inc | 15.74 | $24.57B |
| FUL H.B. Fuller Company | 16.26 | $2.97B |
| MAS Masco Corp | 16.39 | $14.09B |
| RPM RPM International Inc | 20.63 | $13.68B |
| HD Home Depot Inc | 23.53 | $331B |
| SHW Sherwin-Williams Company | 31.1 | $82.74B |
| DD DuPont de Nemours Inc | N/A | $18.72B |
Frequently asked questions
What is Sherwin-Williams's PE ratio?
SHW stock has a price to earnings ratio of 31.1 as of Jul 31, 2026.
What is the 3-year average PE ratio for Sherwin-Williams (SHW)?
As an average over the last 3 years, SHW stock has a PE ratio of 32.42.
What is the 5-year average PE ratio for Sherwin-Williams (SHW)?
As an average over the last 5 years, SHW stock has a PE ratio of 32.95.
What is the highest PE ratio for SHW?
Over the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 49.6.
How does the current PE ratio for SHW compare to its historical average?
SHW's price to earnings ratio is currently 0.6% above its 10-year historical average.
How is SHW's PE ratio calculated (Sherwin-Williams PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 31, 2026), Sherwin-Williams's share price is $340.85. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $10.96. Therefore, Sherwin-Williams's price to earnings ratio for today is 31.1. PE RATIO(31.1) = STOCK PRICE($340.85) / TTM EPS($10.96)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.