PPG INDUSTRIES INC (PPG)
Paints, Varnishes, Lacquers, Enamels & Allied Prods
Latest Price
$110.52
TTM P/E
15.77
Normalized P/E
20.44
Div Yield
2.54%
Book Value
36.23
P/B Ratio
3.05
Valuation metrics
adjust assumptions →EPS: $6.94
Book value / share: $35.54
Formula: √(22.5 × EPS × BVPS)
Graham Number
$74.50
33% downside
Norm. op. income: $2.2B (median of 5yr)
Tax rate: 24%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$48.41
56% downside
Base FCF: $1.2B (median of recent 5yr)
Growth: -3%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$24.65
78% downside
EPS: $6.94
Target P/E: 20×
Formula: EPS × P/E
P/E Fair Value
$138.80
+26% upside
Institutional Ownership
86.6% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 24.02M | $2.57B | 10.74% | +742.6K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 14.54M | $1.55B | 6.50% | -- | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12.83M | $1.37B | 5.73% | -- | 2026-03-31 |
| STATE STREET CORP | 12.75M | $1.36B | 5.70% | -82.7K | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 10.37M | $1.11B | 4.64% | -3.08M | 2026-03-31 |
| FRANKLIN RESOURCES INC | 7.58M | $810.0M | 3.39% | +591.7K | 2026-03-31 |
| PZENA INVESTMENT MANAGEMENT LLC | 7.48M | $799.0M | 3.34% | +379.9K | 2026-03-31 |
| First Eagle Investment Management, LLC | 6.44M | $687.0M | 2.88% | +144.5K | 2026-03-31 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 6.16M | $658.0M | 2.75% | +282.9K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 6.04M | $643.0M | 2.70% | +234.4K | 2026-03-31 |