According to PPG Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.0499. At the end of 2022 the company had a P/E ratio of 28.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 28.9 | 1.41% |
2021 | 28.5 | -11.46% |
2020 | 32.2 | 26.61% |
2019 | 25.4 | 38.29% |
2018 | 18.4 | 0.1% |
2017 | 18.4 | -36.03% |
2016 | 28.7 | 50.81% |
2015 | 19.0 | 24.79% |
2014 | 15.3 | 78.99% |
2013 | 8.52 | -61.39% |
2012 | 22.1 | 84.07% |
2011 | 12.0 | -33.37% |
2010 | 18.0 | -37.57% |
2009 | 28.8 | 122.24% |
2008 | 13.0 | -6.33% |
2007 | 13.9 | -7.45% |
2006 | 15.0 | -9.27% |
2005 | 16.5 | -3.68% |
2004 | 17.1 | -22.16% |
2003 | 22.0 | -117.99% |
2002 | -122 | -643.95% |
2001 | 22.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Corning GLW | 47.9 | 98.98% | ๐บ๐ธ USA |
Sherwin-Williams SHW | 36.7 | 52.79% | ๐บ๐ธ USA |
Dupont De Nemours DD | 7.89 | -67.17% | ๐บ๐ธ USA |
RPM International
RPM | 30.2 | 25.56% | ๐บ๐ธ USA |
Owens Corning
OC | 12.8 | -46.80% | ๐บ๐ธ USA |
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.