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PPG Industries PPG Price / book

Price / book at other companies

3M logo
3MMMM
23.3×+5.5×
Sherwin-Williams logo
Sherwin-WilliamsSHW
17.9×-3.4×
DuPont de Nemours, Inc. logo
DuPont de Nemours, Inc.DD
1.3×0.0×
Dow logo
DowDOW
+0.5×
Nordson logo
NordsonNDSN
+1.4×
Carpenter Technology logo
Carpenter TechnologyCRS
9.5×+4.4×

Other financials

Income statement

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Revenue$3.9B+6.7%
Gross profit$1.7B+7.3%
Operating income$636.0M+4.8%
Net income$382.0M+2.4%
EPS (diluted)$1.70+4.3%

Balance sheet

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Cash & equivalents$1.6B-14.0%
Total debt$7.0B+13.7%
Total equity$8.1B+17.0%
Total assets$22.2B+4.8%

Cash flow

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Operating cash flow$33.0M+283%
CapEx$196.0M-6.2%
Free cash flow-$163.0M+28.2%

Valuation

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Market cap$26.11B-3.6%
Enterprise value$31.58B+0.7%
P/E16.5×
P/S1.6×-0.1×

Profitability

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Gross margin41.4%0.0pp
Operating margin16.6%
Net margin9.8%

Returns & leverage

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Return on equity21.1%
Debt / equity0.9×0.0×
Current ratio1.6×+0.3×

Where this comes from

Calculated from PPG Industries’s reported figures.

Based on the most recent quarter.

The official record: PPG Industries’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PPG Industries's price / book?
PPG Industries (PPG) reported price / book of 3× in Q1 2026.
How has PPG Industries's price / book changed year-over-year?
PPG Industries's price / book decreased by 17.6% year-over-year, from 3.6× to 3×.
What is the long-term trend for PPG Industries's price / book?
Over 4 years (2021 to 2025), PPG Industries's price / book has grown at a -14.8% compound annual growth rate (CAGR), from 24.5× to 12.9×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.