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The historical rank and industry rank for Sherwin-Williams Co's Net Cash per Share or its related term are showing as below:
SHW's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 9.455 * Ranked among companies with meaningful Price-to-Net-Cash only.
Sherwin-Williams Co (NYSE:SHW) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Sherwin-Williams Co Net Cash per Share Related Terms
Sherwin-Williams Co Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Sherwin-Williams Co's Net Cash 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.
SHW vs ECL, APD, PPG: Net Cash per Share Comparison
For the Specialty Chemicals subindustry, Sherwin-Williams Co's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Sherwin-Williams Co's Price-to-Net-Cash falls into.
Sherwin-Williams Co Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Sherwin-Williams Co's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (SHW) has a Net Cash per Share of $-93.93 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Sherwin-Williams Co and its competitors. According to the industry distribution chart, Sherwin-Williams Co ranks #999999 out of 298 companies in the Chemicals industry.
Is Sherwin-Williams Co's Net Cash per Share too high?
Sherwin-Williams Co's current Net Cash per Share is $-93.93. Based on the distribution chart, Sherwin-Williams Co ranks #999999 out of 298 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sherwin-Williams Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sherwin-Williams Co's Net Cash per Share compare to ECL and APD?
According to the Chemicals industry distribution chart, Sherwin-Williams Co ranks #999999 out of 298 companies for Net Cash per Share. This places Sherwin-Williams Co in the lower half of its industry. The industry median Net Cash per Share is 9.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Chemicals company?
The median Net Cash per Share among Chemicals companies is 9.46, based on 298 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Sherwin-Williams Co and its competitors. For the Chemicals industry, the median Net Cash per Share is 9.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sherwin-Williams Co's current Net Cash per Share is $-93.93. 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 Modestly Undervalued. The stock's GF Value™ is $366.18, compared to a current price of $320.64 — trading 12.4% below its estimated fair value. The current Net Cash per Share is $-93.93. Sherwin-Williams Co's overall GF Score™ is 90/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Sherwin-Williams Co (SHW), the current Net Cash per Share is $-93.93 as of Jun. 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 $320.64 is trading 12.4% below its estimated GF Value™ of $366.18.
GuruFocus considers Sherwin-Williams Co to be Modestly Undervalued.
Key valuation signals for SHW:
Net Cash per Share: $-93.93
GF Value™: $366.18 vs. price of $320.64 (12.4% below fair value)
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 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.
90GF Score
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