# PPG Industries Inc. (PPG) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Basic Materials / Chemicals. Price $121.24, market value $26.8 billion.

## Valuation
- **P/E (trailing): 17.0×** (5-yr avg 23.6×, 3-yr avg 21.7×). PPG Industries Inc. trades at 17.0× trailing earnings, well below its own five-year average of 23.6×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 14.0×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.30**. A PEG of 0.30 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 3.2×**. The shares trade at 3.2× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 4.8%** (5-yr avg 3.6%). Free cash flow equals 4.8% of the market value, above its five-year average of 3.6%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 5.9%**. The inverse of the P/E: 5.9% of the price is earned each year.

## Profitability
- **Net margin: 9.9%**. 9.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 19.8%**. 19.8% on shareholders' equity is solid.
- **Return on assets: 7.1%**. Each dollar of assets produces 7.1% of profit.

## Growth
- **Revenue growth (1 yr): 0.2%** (3-yr 0.6%/yr, 5-yr 2.8%/yr). Revenue grew 0.2% over the last year, against 2.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 46.1%** (3-yr 17.1%/yr, 5-yr 9.3%/yr). Earnings per share rose 46.1%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 34.6%/yr**. Free cash flow has compounded at 34.6% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.92**. Debt is 0.92 times equity, moderate leverage.
- **Current ratio: 1.62** (quick 1.62). Current assets cover the next year's liabilities 1.62 times.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.44%** ($2.87 per share, trailing). PPG Industries Inc. yields 2.44%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 40%** (50% of free cash flow). 40% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 5.8%/yr** (1-yr 4.5%). The dividend has grown 5.8% a year over five years.

## Analyst view
- **Analyst consensus: buy** (22 analysts). 22 analysts cover PPG Industries Inc.; the consensus is buy, with an average price target of $130.14 (+7% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 30.3%** (YTD 23.4%, 3-mo 9.5%). The shares are up 30.3% over twelve months including dividends.
- **From 52-week high: -9.1%** (29.8% above the low). Trading 9% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 78**. An RSI of 78 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 1.01** (volatility 31%). Beta of 1.01 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PPG · Page: https://foliofundamentals.com/stocks/ppg

Not investment advice.