PPG

NYSE

PPG INDUSTRIES INC

Materials, Specialty Chemicals

$119.72

close 7 Aug 2026

+12.39%

52-week change

$69.57B

market cap

$93.39

$133.43

52-week range

Expected price

$150.25 – $183.64

Current price

$119.72

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)17.08x

P/S (TTM)4.32x

P/B8.59x

EV/EBITDA (TTM)26.48x

FCF yield (TTM)1.76%

PEG (TTM, GAAP)1.00

Context

P/E, own 5-year average23.58x

P/E, sector median31.36x*

Price at 5-year median P/E$168.69*

Indicated dividend yield2.37%

Forward — analyst consensus

Forward P/E (FY2026)15.19x*

Forward P/E (FY2027)13.79x

Forward PEG1.50*

Consensus EPS FY2026 (22 analysts)$7.88

EPS growth (FY2026→FY2027)10.11%

Revenue growth (FY2026)5.64%

Street view

Price target (mean)$126.20*

Target upside5.41%

Ratings (buy / hold / sell)10 / 13 / 0

FY2026 EPS revisions, 30d (up / down)5 / 5

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 29 Apr 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR -8.63%10Y CAGR -2.28%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$119.72

Cash & equivalents$1.57B

Total debt$7.14B

Shares outstanding581.15M

Result

DCF price per share$7.23

Current price$119.72

Margin of safety-93.96%

PV of years 1–10$5.48B

PV of terminal value$4.30B

Equity value$4.20B

Market-implied growth+17.84%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$1.12B	$1.02B	$935.96M	$855.18M	$781.38M	$713.95M	$652.33M	$596.04M	$544.60M	$497.60M	$9.27B
PV	$1.04B	$878.22M	$742.99M	$628.59M	$531.79M	$449.91M	$380.63M	$322.02M	$272.44M	$230.49M	$4.30B

period to 31 Mar 2026, filed 29 Apr 2026, close 7 Aug 2026