SHW (Sherwin-Williams Co) Cyclically Adjusted PS Ratio: 3.89 (As of Jul. 11, 2026) — Near Median


SHW Sherwin-Williams Co SHW
87 GF Score
Price $333.99
GF Value $355.74
Valuation Fairly Valued
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What is Sherwin-Williams Co Cyclically Adjusted PS Ratio?

Sherwin-Williams Co SHW +0.59% 87 Cyclically Adjusted PS Ratio is 3.89 as of Jul. 11, 2026, which is 4% below its 10-year median of 4.04. GuruFocus rates SHW with a GF Score™ of 87/100 and a GF Value™ of $355.74 (Fairly Valued). Among 1,275 Chemicals companies, Sherwin-Williams Co ranks worse than 78.27% on this metric.

As of today (2026-07-11), Sherwin-Williams Co's current share price is $333.99. Sherwin-Williams Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $85.96. Sherwin-Williams Co's Cyclically Adjusted PS Ratio for today is 3.89.

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

SHW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.61   Med: 4.04   Max: 6.39
Current: 3.86

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.

SHW's Cyclically Adjusted PS Ratio is ranked worse than
78.27% of 1275 companies
in the Chemicals industry
Industry Median: 1.35 vs SHW: 3.86

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 $22.841. 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 $85.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sherwin-Williams Co  (NYSE:SHW) 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

SHW 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.


SHW
87GF Score
Sherwin-Williams Co SHW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=333.99/85.96
=3.89

* 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)
=22.841/330.2130*330.2130
=22.841

Current CPI (Mar. 2026) = 330.2130.

Sherwin-Williams Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.336 241.018 15.531
201609 11.535 241.428 15.777
201612 9.796 241.432 13.398
201703 9.736 243.801 13.187
201706 13.112 244.955 17.676
201709 15.780 246.819 21.112
201712 13.926 246.524 18.654
201803 13.833 249.554 18.304
201806 16.771 251.989 21.977
201809 16.578 252.439 21.686
201812 14.345 251.233 18.855
201903 14.380 254.202 18.680
201906 17.378 256.143 22.403
201909 17.334 256.759 22.293
201912 14.715 256.974 18.909
202003 14.884 258.115 19.041
202006 16.687 257.797 21.374
202009 18.539 260.280 23.520
202012 16.436 260.474 20.837
202103 17.206 264.877 21.450
202106 20.089 271.696 24.416
202109 19.305 274.310 23.239
202112 18.031 278.802 21.356
202203 18.999 287.504 21.821
202206 22.430 296.311 24.996
202209 23.161 296.808 25.768
202212 20.071 296.797 22.331
202303 20.956 301.836 22.926
202306 24.104 305.109 26.087
202309 23.671 307.789 25.396
202312 20.452 306.746 22.017
202403 20.982 312.332 22.183
202406 24.672 314.175 25.931
202409 24.271 315.301 25.419
202412 20.971 315.605 21.942
202503 21.013 319.799 21.697
202506 25.127 322.561 25.723
202509 25.535 324.800 25.961
202512 22.483 324.054 22.910
202603 22.841 330.213 22.841

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 3.89 mean?
Sherwin-Williams Co (SHW) has a Cyclically Adjusted PS Ratio of 3.89 as of Jul. 11, 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 #998 out of 1275 companies in the Chemicals industry, placing it in the top 78.3%.
Is Sherwin-Williams Co's Cyclically Adjusted PS Ratio too high?
Sherwin-Williams Co's current Cyclically Adjusted PS Ratio of 3.89 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 1.35. Sherwin-Williams Co's value of 3.89 is 188.1% above this industry median. Based on the distribution chart, Sherwin-Williams Co ranks #998 out of 1275 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sherwin-Williams Co has a GF Score™ of 87/100 and is considered Fairly Valued, 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 #998 out of 1275 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 1.35. Sherwin-Williams Co's value of 3.89 is 188.1% 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 1.35, 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 1.35, based on 1,275 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 3.89 is 188.1% 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 1.35 — 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 3.89, 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 (SHW) is currently considered Fairly Valued. The stock's GF Value™ is $355.74, compared to a current price of $333.99 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.89, which is near median its 10-year median of 4.04 and 188.1% above the Chemicals industry median of 1.35. Sherwin-Williams Co's overall GF Score™ is 87/100. 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 (SHW), the current Cyclically Adjusted PS Ratio is 3.89 as of Jul. 11, 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 (SHW) Overvalued in 2026?

Based on GuruFocus' analysis, Sherwin-Williams Co stock appears to be undervalued. The current stock price of $333.99 is trading 6.1% below its estimated GF Value™ of $355.74. GuruFocus considers Sherwin-Williams Co to be Fairly Valued.

Key valuation signals for SHW:

  • Cyclically Adjusted PS Ratio: 3.89 (near median its 10-year median of 4.04)
  • GF Value™: $355.74 vs. price of $333.99 (6.1% below fair value)
  • GF Score™: 87/100
  • Industry Position: 188.1% above the Chemicals median (#998 of 1275)

No single metric tells the full story. See the SHW 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.
87GF Score

Get the complete analysis for SHW

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

$333.99
Price
$355.74
GF Value