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PPG Industries vs The Sherwin-Williams Company: Which Stock Looks Stronger in 2026?

Structurally, PPG Industries and The Sherwin-Williams Company are closely matched — neither holds a meaningful edge overall. The Sherwin-Williams Company still has the edge on stability, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

On stability, the clearer edge sits with The Sherwin-Williams Company, while the broader score remains level.

INDUSTRY COMPARISON

Both operate in: Specialty Chemicals

This comparison is based on industry proximity, not on functional trajectory similarity. PPG and SHW share the same industry classification.

For a similarity-based comparison, see how PPG Industries and SHW each position within their functional peer groups in AssetNext.

Peer-Relative Score
PPG
PPG Industries, Inc.
64
Peer-Score
Signal qualityMedium
Peer basis: S&P 500
vs
SHW
The Sherwin-Williams Company
64
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in stability.

Dimension spread: PPG vs SHW Profitability 61 64 Stability 33 64 Valuation 88 60 Growth 65 69 PPG SHW
Gap Ranking
#1 Stability +31
#2 Valuation +28
#3 Growth +4
#4 Profitability +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for PPG and SHW Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer PPGSHW Relative valuation Structural strength

The Sherwin-Williams Company occupies the cheaper side of the setup map, although PPG Industries, Inc. still holds the stronger structural profile.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where PPG and SHW each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY PPG Lower · below norm 0th 50th 100th 42 pct gap SHW Neutral · below norm 0th 50th 100th 10th 51st
Today PPG sits in the lower portion of its own 5-year history (10th percentile), while SHW sits higher in its own history (51st). Within each stock's own 5-year context, PPG is at a historically more favourable entry position than SHW. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Stability
The Sherwin-Williams Company sits in the stronger part of the group on stability, while PPG Industries, Inc. is closer to mid-pack.
Valuation
Both rank well on valuation, but PPG Industries, Inc. still holds a clear edge.
Stability — Dominant Gap
PPG
33
SHW
64
Gap+31in favour of SHW

The stability gap is wide, with the stronger side looking materially steadier through time.

What keeps the gap from being one-sided

The Sherwin-Williams Company still carries lower volatility exposure — that difference is real enough to prevent the comparison from becoming one-sided.

What this means for the comparison

Stability provides the clearer read here, while the broader score remains level.

Explore full peer positioning in AssetNext

Break down the PPG vs SHW comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how PPG and SHW each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.