PPG Industries, Inc. (PPG) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
PPG is the world's second-largest producer of paints and coatings. PPG's products are sold to a wide variety of end users, including industrial segments such as automotive, aerospace, and protectiv...
PPG Industries, Inc. (PPG) currently trades at a P/E ratio of 15.19 (historical range: 14.67–33.58, median: 24.71), placing it at the 2th percentile — cheap relative to its history, P/S ratio of 1.45 (range: 1.40–2.53, 3th percentile — cheap relative to its history), EV/EBITDA of 14.06 (range: 13.67–31.08, 2th percentile).
Over the historical period (2021-09-14 to 2026-10-16), PPG Industries, Inc.'s P/E ratio has contracted by 16% over the observed period (from an average of 26.7 to 22.5).
PPG Industries, Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 15.19 | 24.71 | 2th | cheap relative to its history |
| P/S Ratio | 1.45 | 1.78 | 3th | cheap relative to its history |
| EV/EBITDA | 14.06 | 20.33 | 2th | cheap relative to its history |
| FCF Yield | 5.89% | 3.56% | 95th | cheap relative to its history |
PPG Industries, Inc. (PPG) Valuation & P/E History
PPG Industries, Inc. (PPG) is a US-listed stock operating in the Basic Materials sector, specifically the Paints, Varnishes, Lacquers, Enamels & Allied Prods industry currently trading at $106.35 with a market capitalization of $23.6 billion. This page provides historical valuation analysis for PPG based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 15.19 is below the historical median of 24.71, placing PPG at the 2th percentile of its valuation range. The P/S ratio of 1.45 compares to a median of 1.78.
PPG Valuation Metrics & Historical Range
The valuation table above shows PPG Industries, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether PPG is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests PPG is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for PPG Industries, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is PPG Overvalued or Undervalued?
PPG Industries, Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 2 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive PPG is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full PPG analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.PPG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.