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PPG Industries, Inc.

PPG Basic Materials Specialty Chemicals

PPG Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $15.9 billion, roughly unchanged from fiscal 2024.

Revenue
+6.64%
EPS
+1.00%
Free cash flow
−23.6%
Total debt
−6.47%

Quarter to September 2026, against a year earlier

123.65 3.62 −2.84%
Market cap
$27.2B
P/E
17.6×
Fwd P/E
16.2×
Dividend yield
2.32%
F-score
6/9
Altman Z
3.65
Beneish M
−2.47
Dividend safety
79/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

PPG Industries, Inc. (PPG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, PPG Industries, Inc. (PPG) trades at a P/B ratio of 3.2×. Over the past ten years it has ranged from 2.7× (October 2026) to 7.3× (June 2021); the current reading is higher than 9% of that period. That is above the Specialty Chemicals industry median of 1.9× and above the Basic Materials sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.9× (28.61%)
FY2024 4.0× (7.41%)
FY2023 4.3× (2.94%)
FY2022 4.5× (30.16%)
FY2021 6.4× 8.82%
FY2020 5.9× 0.34%
FY2019 5.9× 11.08%
FY2018 5.3× (1.10%)
FY2017 5.3× 3.51%
FY2016 5.1× (2.72%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.7× (14.68%)
Jun 2026 3.1× 8.70%
Mar 2026 2.9× 1.16%
Dec 2025 2.9× (3.96%)
43 more quarters

Against its own ten years

Low 2.7× High 7.3×
Ten-year median 5.0×
Current reading's percentile 10

P/B ratio against peers

Company P/B ratio
SSL Sasol Ltd. compare n/m
ALB Albemarle Corporation compare 1.4×
DD DuPont de Nemours, Inc. compare 1.4×
IFF International Flavors & Fragrances Inc. compare 1.6×
LYB LyondellBasell Industries N.V. compare 1.8×
PPG PPG Industries, Inc. 3.2×
RPM RPM International Inc. compare 3.9×
APD Air Products and Chemicals, Inc. compare 4.2×
SOLS Solstice Advanced Materials Inc. compare 5.6×
Specialty Chemicals industry median 1.9×
Basic Materials sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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