P/E Ratio Insights for Sherwin-Williams
Portfolio Pulse from Benzinga Insights
Sherwin-Williams Inc.'s (NYSE:SHW) share price increased by 0.60% in the current market session to $256.21. Despite a 5.27% decrease over the past month, the stock has risen by 22.85% over the past year. The company's P/E ratio of 28.27 is lower than the Chemicals industry average of 36.56, which could indicate that the stock is undervalued or has weaker growth prospects.
September 25, 2023 | 8:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Sherwin-Williams' stock price has increased by 0.60% to $256.21. The company's P/E ratio is lower than the industry average, which could suggest that the stock is undervalued or has weaker growth prospects.
Sherwin-Williams' stock price has increased in the current market session, and its P/E ratio is lower than the industry average. This could suggest that the stock is undervalued, which would be positive for the stock price. However, a lower P/E ratio could also indicate weaker growth prospects, which would be negative for the stock price. Therefore, the net impact on the stock price is uncertain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100