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 offers paints, wood stains, adhesives, sealants, and purchased sundries for painting and maintenance contractors and consumers. The Performance Coatings segment offers coatings, sealants, transparencies, adhesives, engineered materials, packaging, and chemical management services for aerospace industry; coatings, solvents, adhesives, sealants, purchased sundries, digital solutions and paint films for automotive and commercial transport industries; coatings and finishes for protection of metals and structures; and paints, thermoplastics, raised pavement markers, and other pavement marking technologies for government, commercial infrastructure, painting, and maintenance contractors. The Industrial Coatings segment provides coatings, adhesives and sealants, metal pretreatments, and paint films, as well as technical services and coatings applications for automotive original equipment manufacturers, tier supplier, appliances, agricultural and construction equipment, consumer electronics, automotive parts and accessories, building products, kitchenware, and transportation vehicles and other finished products; and on-site coatings services. It also offers coatings for metal cans, closures, plastic and aluminum tubes for food, beverage and personal care, promotional, and specialty packaging; TESLIN substrates for labels, e-passports, drivers’ licenses, breathable membranes, and loyalty and identification cards; and organic light emitting diode materials, displays and lighting lens materials, optical lenses, color-change products, and photochromic dyes. The company was incorporated in 1883 and is based in Pittsburgh, Pennsylvania.
Global Paint Pionee | Explore PPG Industries' position as a worldwide leader in coatings, facing challenges while seeking growth opportunities in diverse markets |
Financial Headwinds | Delve into PPG's recent performance, including earnings misses and downward revisions, with EPS estimates for FY 2025 ranging from $7.80 to $7.85 |
Strategic Resilience | Uncover PPG's "Next Chapter" strategy, focusing on portfolio optimization, margin improvement, and a $60 million cost-saving program for 2025 |
Market Opportunities | Learn about PPG's growth prospects in emerging economies, particularly in the electric vehicle coating segment, with an average analyst price target of $137.71 |
Metrics to compare | PPG | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipPPGPeersSector | |
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P/E Ratio | 16.9x | 13.7x | 0.0x | |
PEG Ratio | −1.49 | 0.28 | 0.00 | |
Price/Book | 3.3x | 1.6x | 1.6x | |
Price / LTM Sales | 1.4x | 1.3x | 1.1x | |
Upside (Analyst Target) | 25.4% | 0.0% | 35.9% | |
Fair Value Upside | Unlock | 32.5% | 4.3% | Unlock |