Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 14.02 as of Monday, August 3, 2026.
Forward PE Ratio (14.02) = Close Price ($111.81) / Consensus Forward EPS ($7.89)
FORWARD PE RATIO
14.02
SECTOR MEDIAN · BASIC MATERIALS
18.43
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-23.93%
vs the sector median at left
PPG Industries, Inc.
Market Cap
$24.85B
Forward PE Ratio
14.02
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| PPG Industries, Inc. (PPG) | $24.85B | 14.02 |
| Carpenter Technology Corporation (CRS)vs › | $26.37B | 49.09 |
| International Paper Company (IP)vs › | $21.96B | 29.49 |
| Dow Inc. (DOW)vs › | $21.94B | 12.08 |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.71B | 17.61 |
| International Flavors & Fragrances Inc. (IFF)vs › | $20.30B | 18.09 |
| LyondellBasell Industries N.V. (LYB)vs › | $19.94B | 7.07 |
| DuPont de Nemours, Inc. (DD)vs › | $18.80B | 19.15 |
| CF Industries Holdings, Inc. (CF)vs › | $18.61B | 7.49 |
| Martin Marietta Materials, Inc. (MLM)vs › | $32.37B | 28.34 |
Trailing P/E
15.8
reported TTM EPS
Forward P/E
14.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.89 implies +13.0% EPS growth vs the reported trailing $6.98.
At today's $111.81 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 | $7.89 | $7.82 – $7.97 | 11 | 14.2x |
| 2027-12-31 | $8.62 | $8.51 – $8.77 | 11 | 13.0x |
| 2028-12-31 | $9.47 | $9.19 – $9.66 | 4 | 11.8x |
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
