Sherwin-Williams price to book ratio SHW
Market value divided by the book value of the company's net assets, since 2009.
- Today, Oct 23, 2026
- 21.2×
- 10-year median
- 18.4×
- Against its 10-year history
- 70th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 8.7× to 34.3×
- Peer median
- 4.3×
Sherwin-Williams' price to book ratio is 21.2× as of Oct 23, 2026.
That is above its ten-year median of 18.4×, higher than on 70% of days in the last ten years.
Over that time it ranged from 8.7× in Oct 2018 to 34.3× in Dec 2021.
The median for 8 specialty chemicals stocks of a similar size is 4.3×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 21.2× | 16.4× | 23.3× |
| 2025 | 18.2× | 18.0× | 22.6× |
| 2024 | 20.8× | 20.1× | 26.1× |
| 2023 | 21.1× | 16.0× | 24.5× |
| 2022 | 23.7× | 21.6× | 32.2× |
| 2021 | 34.3× | 14.9× | 34.3× |
| 2020 | 15.9× | 9.2× | 17.1× |
| 2019 | 13.3× | 9.2× | 13.8× |
| 2018 | 9.2× | 8.7× | 14.8× |
| 2017 | 14.0× | 12.9× | 18.1× |
| 2016 | 15.6× | 14.1× | 31.8× |
| 2015 | 24.8× | 18.6× | 57.8× |
| 2014 | 18.8× | 9.9× | 18.8× |
| 2013 | 9.9× | 9.1× | 10.9× |
| 2012 | 8.8× | 5.9× | 10.4× |
| 2011 | 5.7× | 4.2× | 5.7× |
| 2010 | 5.5× | 3.9× | 5.8× |
| 2009 | 4.1× | 3.8× | 4.2× |
Against its peers
Companies in Chemicals - Specialty nearest Sherwin-Williams' size, closest first, today.
| Company | Price to book ratio |
|---|---|
| SHWSherwin-Williams | 21.2× |
| ECLEcolab | 8.0× |
| APDAir Products and Chemicals | 4.9× |
| LINLinde | 6.0× |
| PPGPPG Industries | 2.9× |
| IFFInternational Flavors & Fragrances | 1.7× |
| LYBLyondellBasell Industries | 2.0× |
| RPMRPM International | 3.6× |
| CLXClorox | 116× |
| Peer median | 4.3× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Sherwin-Williams
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.