The Sherwin-Williams Company logo
SHWThe Sherwin-Williams Company

The forward PE ratio is 28.15 as of Thursday, July 9, 2026.

Forward PE Ratio (28.15) = Close Price ($332.03) / Consensus Forward EPS ($11.74)

SHW Forward PE Ratio Metrics

FORWARD PE RATIO

28.15

SHW Competitors' Forward PE Ratio

SHW

The Sherwin-Williams Company

Current

Market Cap

$81.89B

Forward PE Ratio

28.15

JCI

Johnson Controls International plc

vs SHW

Market Cap

$85.74B

Forward PE Ratio

28.62

ECL

Ecolab Inc.

vs SHW

Market Cap

$76.84B

Forward PE Ratio

33.10

FCX

Freeport-McMoRan Inc.

vs SHW

Market Cap

$86.97B

Forward PE Ratio

20.79

CRH

CRH plc

vs SHW

Market Cap

$69.73B

Forward PE Ratio

17.34

APD

Air Products and Chemicals, Inc.

vs SHW

Market Cap

$65.88B

Forward PE Ratio

22.46

NEM

Newmont Corporation

vs SHW

Market Cap

$101.21B

Forward PE Ratio

9.37

B

Barrick Mining Corporation

vs SHW

Market Cap

$61.71B

Forward PE Ratio

9.47

VALE

Vale S.A.

vs SHW

Market Cap

$60.64B

Forward PE Ratio

6.92

CTVA

Corteva, Inc.

vs SHW

Market Cap

$56.09B

Forward PE Ratio

22.73

Trailing vs Forward

Trailing P/E

31.7

reported TTM EPS

Forward P/E

28.1

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $11.74 implies +12.7% EPS growth vs the reported trailing $10.42.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $332.03 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 endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$11.74$11.47 – $12.061328.3x
2027-12-31$13.22$12.65 – $13.831425.1x
2028-12-31$14.80$13.49 – $16.21722.4x

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.

Forward PE Ratio Formula & Definition

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

Forward PE Ratio FAQ

What is the forward PE ratio for The Sherwin-Williams Company (SHW)?
The forward PE ratio for SHW stock is 28.15.

About The Sherwin-Williams Company

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paint, coatings, and related products to professional, industrial, commercial and retail customers. The company operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paint and coatings; protective and marine products; and OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners under the Sherwin-Williams brand. The Consumer Brands Group segment supplies a portfolio of branded and private-label architectural paints, stains, varnishes, industrial products, wood finishes products, wood preservatives, applicators, corrosion inhibitors, aerosols, caulks, and adhesives to retailers, including home centers and hardware stores, and dedicated dealers and distributors. The Performance Coatings Group segment develops and sells industrial coatings for wood finishing and general industrial applications; automotive refinish products; protective and marine coatings; coil coatings; packaging coatings; and performance-based resins and colorants. This segment serves retailers, dealers, jobbers, licensees, and other third-party distributors. The company operates in North America, South America, the Caribbean, Europe, Asia, and Australia. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.

Cleveland, OH
64,249 employees
Basic Materials / Chemicals - Specialty
Sector
Basic Materials
Industry
Chemicals - Specialty
CEO
Heidi G. Petz