GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PPG Industries Inc (NYSE:PPG) » Definitions » Book Value per Share

PPG Industries (PPG Industries) Book Value per Share

: $33.30 (As of Dec. 2023)
View and export this data going back to 1945. Start your Free Trial

PPG Industries's book value per share for the quarter that ended in Dec. 2023 was $33.30.

During the past 12 months, PPG Industries's average Book Value Per Share Growth Rate was 18.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PPG Industries was 21.20% per year. The lowest was -10.70% per year. And the median was 5.50% per year.

PPG Industries's current price is $135.11. Its book value per share for the quarter that ended in Dec. 2023 was $33.30. Hence, today's PB Ratio of PPG Industries is 4.06.

During the past 13 years, the highest P/B Ratio of PPG Industries was 7.40. The lowest was 3.56. And the median was 5.14.

Good Sign:

PPG Industries Inc stock PB Ratio (=4.06) is close to 3-year low of 3.67


PPG Industries Book Value per Share Historical Data

The historical data trend for PPG Industries's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PPG Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.42 24.04 26.65 28.04 33.30

PPG Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.04 30.34 32.33 32.87 33.30

Competitive Comparison

For the Specialty Chemicals subindustry, PPG Industries's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PPG Industries PB Ratio Distribution

For the Chemicals industry and Basic Materials sector, PPG Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where PPG Industries's PB Ratio falls into.



PPG Industries Book Value per Share Calculation

PPG Industries's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(7,832-0)/235
=33.30

PPG Industries's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(7,832-0)/235
=33.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


PPG Industries  (NYSE:PPG) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


PPG Industries Book Value per Share Related Terms

Thank you for viewing the detailed overview of PPG Industries's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


PPG Industries (PPG Industries) Business Description

Traded in Other Exchanges
Address
One PPG Place, Pittsburgh, PA, USA, 15272
PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Executives
Iii Chris Roberts director 1716 LOCUST ST. LS-175, 7TH FLOOR, DES MOINES IA 50309
Vincent J Morales officer: Senior VP & CFO PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Michael H Mcgarry officer: Senior Vice President PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Chancey E. Hagerty officer: Sr. VP, Auto. Refinish Ctgs. PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Karl Henrik Bergstrom officer: Sr.VP, Arch Ctgs LA, EMEA, AP PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Kevin D. Braun officer: Sr. VP, Industrial Coatings PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Anne M. Foulkes officer: Sr. VP, Gen. Counsel & Secrtry PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Rebecca B. Liebert officer: Sr. VP, Automotive Coatings PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Brian Richard Williams officer: Acting Controller ONE PPG PLACE, PITTSBURGH PA 15272
Timothy M Knavish officer: Sr. VP, Automotive Coatings PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Guillermo Novo director AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Michael Nally director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
William E Schaupp officer: Assistant Controller (PAO) PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Kathleen Ligocki director 3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324
Vadlamannati Ramaprasad officer: Sr. VP, Protect. & Marine Ctgs PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272

PPG Industries (PPG Industries) Headlines