Sherwin-Williams CoMEX:SHW 71 PB Ratio is 18.78 as of Jul. 07, 2026, which is 3% above its 10-year median of 18.23. GuruFocus rates MEX:SHW with a GF Score™ of 71/100 and a GF Value™ of MXN6,194.04 (Fairly Valued). Among 1,573 Chemicals companies, Sherwin-Williams Co ranks worse than 97.71% on this metric.
The historical rank and industry rank for Sherwin-Williams Co's PB Ratio or its related term are showing as below:
MEX:SHW'
s PB Ratio Range Over the Past 10 Years
Min: 8.73 Med: 18.23 Max: 37.73
Current: 19.43
During the past 13 years, Sherwin-Williams Co's highest PB Ratio was 37.73. The lowest was 8.73. And the median was 18.23.
MEX:SHW's PB Ratio is ranked worse than 97.71% of 1573
companies
in the Chemicals industry
Industry Median: 1.79
vs MEX:SHW: 19.43
During the past 12 months, Sherwin-Williams Co's average Book Value Per Share Growth Rate was 9.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sherwin-Williams Co was 62.10% per year. The lowest was -16.90% per year. And the median was 7.90% per year.
Back to Basics: PB Ratio
Sherwin-Williams Co (MEX:SHW) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Sherwin-Williams Co PB Ratio Related Terms
Sherwin-Williams Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Sherwin-Williams Co's PB 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.
For the Specialty Chemicals subindustry, Sherwin-Williams Co'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.
Sherwin-Williams Co PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sherwin-Williams Co's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Sherwin-Williams Co (MEX:SHW) has a PB Ratio of 18.78 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sherwin-Williams Co and its competitors. This is near median its historical median of 18.23. Over the past decade, Sherwin-Williams Co's PB Ratio has ranged from 8.73 to 37.73. According to the industry distribution chart, Sherwin-Williams Co ranks #1537 out of 1573 companies in the Chemicals industry, placing it in the top 97.7%.
Is Sherwin-Williams Co's PB Ratio too high?
Sherwin-Williams Co's current PB Ratio of 18.78 is near median its 10-year median of 18.23. Over the past 10 years, this metric has ranged from a low of 8.73 to a high of 37.73. The Chemicals industry median PB Ratio is 1.79. Sherwin-Williams Co's value of 18.78 is 949.2% above this industry median. Based on the distribution chart, Sherwin-Williams Co ranks #1537 out of 1573 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sherwin-Williams Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sherwin-Williams Co's PB Ratio compare to ECL and APD?
According to the Chemicals industry distribution chart, Sherwin-Williams Co ranks #1537 out of 1573 companies for PB Ratio. This places Sherwin-Williams Co in the lower half of its industry. The industry median PB Ratio is 1.79. Sherwin-Williams Co's value of 18.78 is 949.2% above this benchmark. Historically, Sherwin-Williams Co's own PB Ratio has ranged from 8.73 to 37.73 over the past decade. While the company's 10-year median is 18.23 vs. the industry median of 1.79, 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 PB Ratio for a Chemicals company?
The median PB Ratio among Chemicals companies is 1.79, based on 1,573 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sherwin-Williams Co's current PB Ratio of 18.78 is 949.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sherwin-Williams Co and its competitors. For the Chemicals industry, the median PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sherwin-Williams Co's current PB Ratio is 18.78, which is near median its own 10-year median of 18.23. 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 (MEX:SHW) is currently considered Fairly Valued. The stock's GF Value™ is MXN6,194.04, compared to a current price of MXN6,084.08 — trading 1.8% below its estimated fair value. The current PB Ratio is 18.78, which is near median its 10-year median of 18.23 and 949.2% above the Chemicals industry median of 1.79. Sherwin-Williams Co's overall GF Score™ is 71/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Sherwin-Williams Co (MEX:SHW), the current PB Ratio is 18.78 as of Jul. 07, 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 (MEX:SHW) Overvalued in 2026?
Based on GuruFocus' analysis, Sherwin-Williams Co stock appears to be undervalued.
The current stock price of MXN6,084.08 is trading 1.8% below its estimated GF Value™ of MXN6,194.04.
GuruFocus considers Sherwin-Williams Co to be Fairly Valued.
Key valuation signals for MEX:SHW:
PB Ratio: 18.78 (near median its 10-year median of 18.23)
GF Value™: MXN6,194.04 vs. price of MXN6,084.08 (1.8% below fair value)
Industry Position: 949.2% above the Chemicals median (#1537 of 1573)
No single metric tells the full story. See the MEX: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.
71GF Score
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