Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 14.37.
Forward PE Ratio (14.37) = Close Price ($113.63) / Consensus Forward EPS ($7.91)
FORWARD PE RATIO
14.37
SECTOR MEDIAN · BASIC MATERIALS
19.59
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-26.66%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$25.26B
Forward PE Ratio
14.37
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| PPG Industries, Inc. (PPG) | $25.26B | 14.37 |
| Carpenter Technology Corporation (CRS)vs › | $24.46B | 46.51 |
| Dow Inc. (DOW)vs › | $23.37B | 13.06 |
| Royal Gold, Inc. (RGLD)vs › | $21.98B | 24.62 |
| International Paper Company (IP)vs › | $21.97B | 30.27 |
| LyondellBasell Industries N.V. (LYB)vs › | $21.80B | 7.29 |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.52B | 24.60 |
| CF Industries Holdings, Inc. (CF)vs › | $19.92B | 8.48 |
| Reliance Steel & Aluminum Co. (RS)vs › | $19.80B | 16.82 |
| DuPont de Nemours, Inc. (DD)vs › | $18.68B | N/A |
Trailing P/E
16.3
reported TTM EPS
Forward P/E
14.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.91 implies +13.3% EPS growth vs the reported trailing $6.98.
At today's $113.63 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $7.91 | $7.77 – $7.98 | 12 | 14.4x |
| 2027-12-31 | $8.65 | $8.48 – $8.89 | 12 | 13.1x |
| 2028-12-31 | $9.46 | $9.02 – $9.76 | 5 | 12.0x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
