Is PPG Industries, Inc. overvalued or undervalued?

Sep 20 2025 05:30 PM IST
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As of April 29, 2025, PPG Industries, Inc. is considered overvalued with a P/E ratio of 45 and a year-to-date return of -8.73%, significantly underperforming the S&P 500, which has gained 12.22%.
As of 29 April 2025, the valuation grade for PPG Industries, Inc. has moved from attractive to expensive, indicating a shift towards overvaluation. The company appears overvalued based on its current metrics, with a P/E ratio of 45, a Price to Book Value of 9.29, and an EV to EBITDA of 25.02. In comparison, RPM International, Inc. has a more favorable P/E ratio of 25.08 and an EV to EBITDA of 18.90, highlighting PPG's relative overvaluation within its peer group.

Furthermore, PPG's stock performance has lagged significantly behind the S&P 500, with a year-to-date return of -8.73% compared to the S&P 500's 12.22%. Over the past three years, PPG has seen a decline of -7.20%, while the S&P 500 has soared by 70.41%, reinforcing the notion that PPG Industries, Inc. is currently overvalued.
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Our weekly and monthly stock recommendations are here
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