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 |
|---|---|---|
| 2021 | 49.6 | -49.47% |
| 2020 | 98.2 | 182.44% |
| 2019 | 34.8 | 5.2% |
| 2018 | 33.0 | 53.4% |
| 2017 | 21.5 | -2.8% |
| 2016 | 22.2 | -2.88% |
| 2015 | 22.8 | -22.12% |
| 2014 | 29.3 | 18.12% |
| 2013 | 24.8 | 6.88% |
| 2012 | 23.2 | 9.41% |
| 2011 | 21.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Home Depot HD | 16.9 | -39.95% | 🇺🇸 USA |
 Masco MAS | 13.0 | -53.73% | 🇺🇸 USA |
 PPG Industries
PPG | 27.6 | -1.92% | 🇺🇸 USA |
 Dupont De Nemours DD | 19.4 | -31.02% | 🇺🇸 USA |
 RPM International
RPM | 20.2 | -28.37% | 🇺🇸 USA |
 H.B. Fuller
FUL | 19.8 | -29.55% | 🇺🇸 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.