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 Opportunities | Uncover PPG's potential for expansion in emerging markets, particularly Mexico and China, as a counterbalance to challenges in mature markets |
Financial Outlook | Analyst projections reveal adjusted EPS estimates for 2025 at $7.90 and 2026 at $8.50, with an average price target range of $115-$125 |
Market Challenges | Explore PPG's navigation of headwinds in automotive and industrial sectors, and its efforts to maintain market share amid fierce competition |
Strategic Shifts | Delve into PPG's "Next Chapter" initiative, focusing on portfolio streamlining, margin improvement, and strategic cash deployment for long-term growth |
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 | 19.6x | 17.7x | 1.0x | |
PEG Ratio | −0.93 | 0.42 | 0.00 | |
Price / Book | 3.7x | 1.8x | 1.6x | |
Price / LTM Sales | 1.6x | 2.1x | 1.2x | |
Upside (Analyst Target) | 9.4% | 4.4% | 27.3% | |
Fair Value Upside | Unlock | 9.1% | 3.3% | Unlock |