Sherwin-Williams
SHW
#281
Rank
$54.52 B
Marketcap
$211.28
Share price
1.06%
Change (1 day)
-15.68%
Change (1 year)

P/E ratio for Sherwin-Williams (SHW)

P/E ratio as of March 2023 (TTM): 28.2

According to Sherwin-Williams's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.1707. At the end of 2021 the company had a P/E ratio of 49.6.

P/E ratio history for Sherwin-Williams from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202149.6-49.47%
202098.2182.44%
201934.85.2%
201833.053.4%
201721.5-2.8%
201622.2-2.88%
201522.8-22.12%
201429.318.12%
201324.86.88%
201223.29.41%
201121.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.9-39.95%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0-53.73%๐Ÿ‡บ๐Ÿ‡ธ USA
27.6-1.92%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4-31.02%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-28.37%๐Ÿ‡บ๐Ÿ‡ธ USA
19.8-29.55%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.