Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 13.34 as of 2026-09-18T10:11:34.619Z.
Consensus retrieved: 2026-09-13T23:35:47.232Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-18T10:11:34.619Z.
Quote observation: 2026-09-17T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: bb982ebe55347300286d313db289c201ad523ed23da0cec9abc1ec39d2341cb1
Forward PE Ratio (13.34) = Dated Quote Price ($105.45) / Consensus Forward EPS ($7.91)
FORWARD PE RATIO
13.34
SECTOR MEDIAN · BASIC MATERIALS
17.95
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-25.70%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$23.44B
Forward PE Ratio
13.34
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| PPG Industries, Inc. (PPG) | $23.44B | 13.34 |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.68B | 24.66 |
| Royal Gold, Inc. (RGLD)vs › | $21.34B | 23.95 |
| Dow Inc. (DOW)vs › | $21.30B | 12.04 |
| LyondellBasell Industries N.V. (LYB)vs › | $20.73B | 6.89 |
| Coeur Mining, Inc. (CDE)vs › | $20.59B | 18.43 |
| CF Industries Holdings, Inc. (CF)vs › | $20.56B | 8.92 |
| Sociedad Química y Minera de Chile S.A. (SQM)vs › | $20.51B | 9.80 |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.45B | 17.08 |
| Carpenter Technology Corporation (CRS)vs › | $20.21B | 30.49 |
Trailing P/E
15.1
reported TTM EPS
Forward P/E
13.3
consensus EPS · fiscal year ending 2026-12-31
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 the dated quote price of $105.45, 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 | 13.3x |
| 2027-12-31 | $8.64 | $8.39 – $8.89 | 13 | 12.2x |
| 2028-12-31 | $9.46 | $9.02 – $9.76 | 5 | 11.2x |
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
