PPG Industries
PPG
#869
Rank
$24.12 B
Marketcap
$106.30
Share price
-5.11%
Change (1 day)
-16.51%
Change (1 year)
PPG Industries is an American manufacturer of synthetic glass and chemical products, with headquarters in Pittsburgh, Pennsylvania.

P/E ratio for PPG Industries (PPG)

P/E ratio as of June 2025 (TTM): 22.6

According to PPG Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5935. At the end of 2023 the company had a P/E ratio of 27.8.

P/E ratio history for PPG Industries from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202327.8-3.83%
202228.91.41%
202128.5-11.46%
202032.226.61%
201925.438.29%
201818.40.1%
201718.4-36.03%
201628.750.81%
201519.024.79%
201415.378.99%
20138.52-61.39%
201222.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Sherwin-Williams
SHW
31.7 40.17%๐Ÿ‡บ๐Ÿ‡ธ USA
RPM International
RPM
21.7-3.98%๐Ÿ‡บ๐Ÿ‡ธ USA
Corning
GLW
96.2 325.58%๐Ÿ‡บ๐Ÿ‡ธ USA
Dupont De Nemours
DD
39.8 76.15%๐Ÿ‡บ๐Ÿ‡ธ USA
Owens Corning
OC
47.1 108.67%๐Ÿ‡บ๐Ÿ‡ธ 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.