Sherwin-Williams Co (MIL:1SHW) Cyclically Adjusted PS Ratio: 3.96 (As of Jul. 24, 2026) — Near Median

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MIL:1SHW Sherwin-Williams Co MIL:1SHW
64 GF Score
Price €301.80
GF Value €346.22
Valuation Modestly Undervalued
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What is Sherwin-Williams Co Cyclically Adjusted PS Ratio?

Sherwin-Williams Co MIL:1SHW 64 Cyclically Adjusted PS Ratio is 3.96 as of Jul. 24, 2026, which is 2% below its 10-year median of 4.04. GuruFocus rates MIL:1SHW with a GF Score™ of 64/100 and a GF Value™ of €346.22 (Modestly Undervalued). Among 1,277 Chemicals companies, Sherwin-Williams Co ranks worse than 79.4% on this metric.

As of today (2026-07-24), Sherwin-Williams Co's current share price is €301.80. Sherwin-Williams Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €76.16. Sherwin-Williams Co's Cyclically Adjusted PS Ratio for today is 3.96.

The historical rank and industry rank for Sherwin-Williams Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIL:1SHW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.61   Med: 4.04   Max: 6.39
Current: 3.61

During the past years, Sherwin-Williams Co's highest Cyclically Adjusted PS Ratio was 6.39. The lowest was 2.61. And the median was 4.04.

MIL:1SHW's Cyclically Adjusted PS Ratio is ranked worse than
79.4% of 1277 companies
in the Chemicals industry
Industry Median: 1.29 vs MIL:1SHW: 3.61

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Sherwin-Williams Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €19.758. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €76.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sherwin-Williams Co  (MIL:1SHW) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Sherwin-Williams Co Cyclically Adjusted PS Ratio Related Terms


Sherwin-Williams Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sherwin-Williams Co's Cyclically Adjusted PS Ratio 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.

Sherwin-Williams Co Cyclically Adjusted PS Ratio Chart

Sherwin-Williams Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.27 3.69 4.39 4.40 3.89

Sherwin-Williams Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 4.41 4.24 4.19 3.89 3.73

MIL:1SHW vs ECL, APD, PPG: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Sherwin-Williams Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Sherwin-Williams Co Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sherwin-Williams Co's Cyclically Adjusted PS Ratio falls into.


MIL:1SHW
64GF Score
Sherwin-Williams Co MIL:1SHW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sherwin-Williams Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Sherwin-Williams Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=301.80/76.16
=3.96

* 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.

Sherwin-Williams Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sherwin-Williams Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=19.758/330.2130*330.2130
=19.758

Current CPI (Mar. 2026) = 330.2130.

Sherwin-Williams Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 10.089 241.018 13.823
201609 10.277 241.428 14.056
201612 9.286 241.432 12.701
201703 9.103 243.801 12.329
201706 11.670 244.955 15.732
201709 13.239 246.819 17.712
201712 11.767 246.524 15.762
201803 11.218 249.554 14.844
201806 14.356 251.989 18.812
201809 14.207 252.439 18.584
201812 12.609 251.233 16.573
201903 12.726 254.202 16.531
201906 15.380 256.143 19.828
201909 15.740 256.759 20.243
201912 13.243 256.974 17.017
202003 13.470 258.115 17.233
202006 14.818 257.797 18.980
202009 15.739 260.280 19.968
202012 13.511 260.474 17.128
202103 14.453 264.877 18.018
202106 16.674 271.696 20.265
202109 16.409 274.310 19.753
202112 15.958 278.802 18.901
202203 17.251 287.504 19.814
202206 21.219 296.311 23.647
202209 23.393 296.808 26.026
202212 18.947 296.797 21.080
202303 19.573 301.836 21.413
202306 22.248 305.109 24.079
202309 22.180 307.789 23.796
202312 18.755 306.746 20.190
202403 19.304 312.332 20.409
202406 22.920 314.175 24.090
202409 21.869 315.301 22.903
202412 20.027 315.605 20.954
202503 19.437 319.799 20.070
202506 21.785 322.561 22.302
202509 21.756 324.800 22.119
202512 19.200 324.054 19.565
202603 19.758 330.213 19.758

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 3.96 mean?
Sherwin-Williams Co (MIL:1SHW) has a Cyclically Adjusted PS Ratio of 3.96 as of Jul. 24, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sherwin-Williams Co and its competitors. This is near median its historical median of 4.04. Over the past decade, Sherwin-Williams Co's Cyclically Adjusted PS Ratio has ranged from 2.61 to 6.39. According to the industry distribution chart, Sherwin-Williams Co ranks #1014 out of 1277 companies in the Chemicals industry, placing it in the top 79.4%.
Is Sherwin-Williams Co's Cyclically Adjusted PS Ratio too high?
Sherwin-Williams Co's current Cyclically Adjusted PS Ratio of 3.96 is near median its 10-year median of 4.04. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 6.39. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.29. Sherwin-Williams Co's value of 3.96 is 207% above this industry median. Based on the distribution chart, Sherwin-Williams Co ranks #1014 out of 1277 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sherwin-Williams Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sherwin-Williams Co's Cyclically Adjusted PS Ratio compare to ECL and APD?
According to the Chemicals industry distribution chart, Sherwin-Williams Co ranks #1014 out of 1277 companies for Cyclically Adjusted PS Ratio. This places Sherwin-Williams Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.29. Sherwin-Williams Co's value of 3.96 is 207% above this benchmark. Historically, Sherwin-Williams Co's own Cyclically Adjusted PS Ratio has ranged from 2.61 to 6.39 over the past decade. While the company's 10-year median is 4.04 vs. the industry median of 1.29, Sherwin-Williams Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.29, based on 1,277 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sherwin-Williams Co's current Cyclically Adjusted PS Ratio of 3.96 is 207% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Sherwin-Williams Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sherwin-Williams Co's current Cyclically Adjusted PS Ratio is 3.96, which is near median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sherwin-Williams Co stock overvalued right now?
Based on GuruFocus' analysis, Sherwin-Williams Co (MIL:1SHW) is currently considered Modestly Undervalued. The stock's GF Value™ is €346.22, compared to a current price of €301.80 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.96, which is near median its 10-year median of 4.04 and 207% above the Chemicals industry median of 1.29. Sherwin-Williams Co's overall GF Score™ is 64/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Sherwin-Williams Co (MIL:1SHW), the current Cyclically Adjusted PS Ratio is 3.96 as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sherwin-Williams Co (MIL:1SHW) Overvalued in 2026?

Based on GuruFocus' analysis, Sherwin-Williams Co stock appears to be undervalued. The current stock price of €301.80 is trading 12.8% below its estimated GF Value™ of €346.22. GuruFocus considers Sherwin-Williams Co to be Modestly Undervalued.

Key valuation signals for MIL:1SHW:

  • Cyclically Adjusted PS Ratio: 3.96 (near median its 10-year median of 4.04)
  • GF Value™: €346.22 vs. price of €301.80 (12.8% below fair value)
  • GF Score™: 64/100
  • Industry Position: 207% above the Chemicals median (#1014 of 1277)

No single metric tells the full story. See the MIL:1SHW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sherwin-Williams Co Business Description

Address 1 Sherwin Way, Cleveland, OH, USA, 44113-2206
Sherwin-Williams is the largest global manufacturer of paints and coatings. The company focuses on the development, manufacturing, and distribution of paint, coatings, and related products to customers ranging from professional painters and contractors to industrial manufacturers to do-it-yourself consumers. Sherwin organizes its operations into three primary segments: the paint stores group is the largest segment and includes the company's network of over 4,800 company-owned stores; the consumer brands group sells branded architectural paints through big-box retailers such as Lowe's, and the performance coatings group provides specialized coatings for industrial applications, such as automotive refinishing, packaging, and industrial wood.
64GF Score

Get the complete analysis for MIL:1SHW

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€301.80
Price
€346.22
GF Value