Is PPG Industries, Inc. overvalued or undervalued?

Jun 25 2025 08:11 AM IST
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As of April 29, 2025, PPG Industries, Inc. is considered overvalued with a high P/E ratio of 45, an EV to EBITDA of 25.02, a price to book value of 9.29, and a year-to-date return of -5.96%, all indicating it is less attractive compared to its peers.
As of 29 April 2025, PPG Industries, Inc. has moved from a fair to an expensive valuation grade, indicating that it is currently overvalued. The company exhibits a P/E ratio of 45, significantly higher than its peer, The Sherwin-Williams Co., which has a P/E of 34.12. Additionally, PPG's EV to EBITDA stands at 25.02, while its peer's ratio is lower at 23.07, further emphasizing the relative overvaluation.

With a price to book value of 9.29 and a dividend yield of only 0.69%, PPG Industries appears less attractive compared to its peers. The company's recent performance has also lagged behind the S&P 500, with a year-to-date return of -5.96% compared to the index's 2.44%. Overall, the analysis suggests that PPG Industries, Inc. is overvalued in the current market environment.
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