Is PPG Industries (PPG) overvalued or fairly valued?

MarketChacha shows PPG Industries's valuation in context — a trailing P/E of about 14.8, a forward P/E of about 12.6, a price-to-book of about 2.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does PPG Industries's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.46×) from reported figures — education, not a rating.

What is PPG Industries's revenue?

PPG Industries reported revenue of $15.9B for FY2025, with net profit of $1.6B, per official filings.

What is the share price of PPG Industries (PPG)?

PPG Industries last traded at $108.44 (+0.8% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

PPG Industries

PPG · NYSE · Materials · United States

Snapshot

TickerPPG

ExchangeNYSE

SectorMaterials

IndustrySpecialty Chemicals

CountryUnited States

Employees43,500

HeadquartersPittsburgh, United States

Websitewww.ppg.com

Filings tracked17

About PPG Industries

PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa. It operates through three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings. The Global Architectural Coatings segment supplies a variety of decorative coatings, adhesives, sealants, and finishes, as well as paint strippers, stains, and related chemicals. Its Performance Coatings segment offers aerospace coatings, automotive refinishing coatings, protective and marine coatings, and traffic solutions comprising paints, thermoplastics, raised pavement markers, and other technologies for pavement marking. The Industrial Coatings segment provides automotive OEM coatings, industrial coatings, and packaging coatings, as well as specialty products, such as optical monomers and coatings, low-friction coatings, and other specialty products. The company delivers its products to company-owned stores, home centers and other consumer retail outlets, paint dealers, concessionaires and independent distributors, company-owned distribution networks, and directly to manufacturing companies and retail customers. PPG Industries, Inc. was incorporated in 1883 and is headquartered in Pittsburgh, Pennsylvania.

Who owns it

Insiders0.1%
Institutions94.1%
Public & other5.8%

1,479 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.59%
Vanguard Capital Management LLC6.54%
State Street Corporation6.24%
Vanguard Portfolio Management LLC5.77%
Wellington Management Group, LLP3.87%
Franklin Resources, Inc.3.55%
Pzena Investment Management LLC3.51%
First Eagle Investment Management, LLC2.93%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.46×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend7.8% → 9.9%

Margin has expanded by about 2.1 points — the business is getting more profitable.

Return on equity19.8%

Latest ROE of 19.8% — capital is generating a healthy return.

Growth qualityrev -1% · PAT 11%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $4.1B · EPS 1.70

Est. earnings growth +12.6%

Next fiscal year

Rev $17.3B · EPS 8.59

Est. earnings growth +8.9%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$15.9B

Net margin

9.9%

ROE

19.8%

Revenue CAGR (2y)

-1.1%

Profit CAGR (2y)

+11.4%

EPS (FY2025)

6.94

Net profit (FY2025)

$1.6B

Ask MarketChacha about PPG

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$15.9B	$1.6B	6.94	9.9%	19.8%
FY2024	$15.8B	$1.1B	4.75	7.0%	16.4%
FY2023	$16.2B	$1.3B	5.35	7.8%	16.2%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$3.9B	$382.0M	1.70	9.7%
2025Q3	$4.1B	$453.0M	2.00	11.1%
2025Q2	$4.2B	$450.0M	1.98	10.7%
2025Q1	$3.7B	$373.0M	1.63	10.1%
2024Q3	$4.0B	$468.0M	2.00	11.6%
2024Q2	$4.2B	$528.0M	2.24	12.5%
2024Q1	$3.8B	$400.0M	1.69	10.4%
2023Q3	$4.6B	$426.0M	1.79	9.2%
2023Q2	$4.9B	$490.0M	2.06	10.1%
2023Q1	$4.4B	$264.0M	1.11	6.0%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/29/2026
8-K — Results of operations, Exhibits
SEC7/28/2026material
10-Q filing
SEC4/29/2026
8-K — Executive/director change, Exhibits
SEC4/28/2026material
8-K — Results of operations, Exhibits
SEC4/28/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC4/21/2026material
8-K — Results of operations, Exhibits
SEC4/15/2026material
10-K filing
SEC2/19/2026
8-K — Results of operations, Exhibits
SEC1/27/2026material

2025

8-K — Executive/director change, Exhibits
SEC12/11/2025material
8-K — Executive/director change, Exhibits
SEC12/1/2025material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC11/3/2025material
10-Q filing
SEC10/29/2025
8-K — Results of operations, Exhibits
SEC10/28/2025material
8-K — Executive/director change, Exhibits
SEC8/11/2025material
10-Q filing
SEC7/30/2025
8-K — Results of operations, Exhibits
SEC7/29/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.