P/E ratio for Sherwin-Williams (SHW)
P/E ratio as of March 2025 (TTM): 36.4
According to Sherwin-Williams's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.4481. At the end of 2022 the company had a P/E ratio of 30.3.
P/E ratio history for Sherwin-Williams from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.3 | -38.89% |
| 2021 | 49.6 | 51.72% |
| 2020 | 32.7 | -5.94% |
| 2019 | 34.8 | 5.2% |
| 2018 | 33.0 | 53.4% |
| 2017 | 21.5 | -2.8% |
| 2016 | 22.2 | -2.71% |
| 2015 | 22.8 | -22.26% |
| 2014 | 29.3 | 18.12% |
| 2013 | 24.8 | 6.88% |
| 2012 | 23.2 | 9.41% |
| 2011 | 21.2 | 8.62% |
| 2010 | 19.5 | 21.6% |
| 2009 | 16.1 | 10.17% |
| 2008 | 14.6 | 21.78% |
| 2007 | 12.0 | -19.07% |
| 2006 | 14.8 | 10.68% |
| 2005 | 13.4 | -16.49% |
| 2004 | 16.0 | 5.45% |
| 2003 | 15.2 | -54.35% |
| 2002 | 33.2 | 104.25% |
| 2001 | 16.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 29.4 | -19.44% | 🇺🇸 USA |
 | 18.8 | -48.53% | 🇺🇸 USA |
 | 7.97 | -78.14% | 🇺🇸 USA |
 | 19.1 | -47.62% | 🇺🇸 USA |
 | 19.8 | -45.55% | 🇺🇸 USA |
 | 22.6 | -38.06% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.