CX vs. PPG: CEMEX vs. PPG Industries Stock Comparison
How do CEMEX (CX) and PPG Industries (PPG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CEMEX (CX) and PPG Industries (PPG) both fall under the Materials industry group, but CX is classified in Construction Materials while PPG is classified in Chemicals.
PPG Industries (PPG) trades as ordinary local shares, while CEMEX (CX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CX | PPG |
|---|---|---|
| Name | Cemex S.A.B. de C.V. Sponsored ADR | PPG Industries, Inc. |
| Country/Region | Mexico | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Construction Materials | Chemicals |
| GICS Sub-Industry | Construction Materials | Specialty Chemicals |
| Market Capitalization | 15.47 billion USD | 27.03 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 15, 1999 | March 17, 1980 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CX | PPG |
|---|---|---|
| Total Return (1Y) | 7.57% | 33.84% |
| Total Return (3Y, Annualized) | 17.84% | 1.70% |
| Total Return (5Y, Annualized) | 10.81% | -2.93% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CX | PPG |
|---|---|---|
| Volatility (1Y, Annualized) | 36.82% | 31.28% |
| Beta (5Y) | 1.57 | 0.97 |
| Max Drawdown (5Y) | -53.08% | -43.55% |
| Avg. Volume (3M) | 7.01M | 1.73M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CX | PPG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.09 | 0.95 |
| Sortino Ratio (1Y) | 0.14 | 1.45 |
Profitability
ROE (TTM)
Both CEMEX (CX) at 5.17% and PPG Industries (PPG) at 19.49% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
CX
Materials industry group
5.17%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- CX
- 5.17%
- Q1
- -3.41%
- Min
- -32.81%
PPG
Materials industry group
19.49%
- Max
- 52.88%
- PPG
- 19.49%
- Q3
- 19.49%
- Median
- 8.76%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
Both CEMEX (CX) at 3.60% and PPG Industries (PPG) at 9.41% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CX
Materials industry group
3.60%
- Max
- 38.66%
- Q3
- 15.98%
- Median
- 5.28%
- CX
- 3.60%
- Q1
- 0.00%
- Min
- -20.40%
PPG
Materials industry group
9.41%
- Max
- 38.66%
- Q3
- 15.98%
- PPG
- 9.41%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Both CEMEX (CX) at 14.77% and PPG Industries (PPG) at 14.66% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CX
Materials industry group
14.77%
- Max
- 66.70%
- Q3
- 28.92%
- CX
- 14.77%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
PPG
Materials industry group
14.66%
- Max
- 66.70%
- Q3
- 28.92%
- PPG
- 14.66%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | CX | PPG |
|---|---|---|
| ROE (TTM) | 5.17% | 19.49% |
| ROA (TTM) | 5.07% | 6.22% |
| Net Margin (TTM) | 3.60% | 9.41% |
| Operating Margin (TTM) | 14.77% | 14.66% |
| Gross Margin (TTM) | 33.48% | 41.18% |
Growth
Revenue Growth
Both CEMEX (CX) at 0.43% and PPG Industries (PPG) at 0.19% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both CEMEX (CX) at 2.35% and PPG Industries (PPG) at 46.11% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CX | PPG |
|---|---|---|
| Revenue Growth (YoY) | 0.43% | 0.19% |
| Revenue Growth (3Y CAGR) | 3.13% | 0.55% |
| EPS Growth (YoY) | 2.35% | 46.11% |
| EPS Growth (3Y CAGR) | 4.14% | 17.12% |
Financial Strength
Current Ratio (MRQ)
PPG Industries (PPG) at 1.58 keeps current ratio within its industry’s typical mid-range, while CEMEX (CX) at 0.95 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CX.
CX
Materials industry group
0.95
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- CX
- 0.95
- Min
- 0.16
PPG
Materials industry group
1.58
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- PPG
- 1.58
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Both CEMEX (CX) at 0.46 and PPG Industries (PPG) at 0.87 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
CX
Materials industry group
0.46
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- CX
- 0.46
- Q1
- 0.13
- Min
- 0.00
PPG
Materials industry group
0.87
- Max
- 1.98
- Q3
- 0.89
- PPG
- 0.87
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | CX | PPG |
|---|---|---|
| Current Ratio (MRQ) | 0.95 | 1.58 |
| Debt / Equity (MRQ) | 0.46 | 0.87 |
| Net Debt / EBITDA | 1.60 | 2.11 |
Dividends
Dividend Yield (TTM)
CEMEX (CX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile PPG Industries (PPG) reports a yield of 2.33%, ranking against industry peers normally.
CX
Materials industry group
0.00%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- CX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PPG
Materials industry group
2.33%
- Max
- 4.52%
- PPG
- 2.33%
- Q3
- 1.85%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
PPG Industries (PPG) at 40.31% pays out a band-typical share of earnings, while CEMEX (CX) at 67.86% distributes more than its industry norm — less retained, thinner cover.
CX
Materials industry group
67.86%
- Max
- 83.62%
- CX
- 67.86%
- Q3
- 41.37%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
PPG
Materials industry group
40.31%
- Max
- 83.62%
- Q3
- 41.37%
- PPG
- 40.31%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CX | PPG |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2.33% |
| Dividend Payout Ratio (TTM) | 67.86% | 40.31% |
Valuation
P/E Ratio (TTM)
PPG Industries (PPG) at 17.19 is near its industry’s usual P/E ratio, while CEMEX (CX) at 67.00 sits above its peer range — an unusually expensive price for CX’s trailing earnings.
CX
Materials industry group
67.00
- CX
- 67.00
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
PPG
Materials industry group
17.19
- Max
- 59.00
- Q3
- 32.93
- Median
- 18.82
- PPG
- 17.19
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
On P/S ratio, both CEMEX (CX) at 0.89 and PPG Industries (PPG) at 1.62 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
CX
Materials industry group
0.89
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- CX
- 0.89
- Q1
- 0.73
- Min
- 0.00
PPG
Materials industry group
1.62
- Max
- 9.62
- Q3
- 4.34
- Median
- 1.87
- PPG
- 1.62
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
CEMEX (CX) at 1.20 sits in the lower P/B ratio quartile against book while PPG Industries (PPG) at 3.19 is valued near its industry’s middle — CX is cheaper on assets, though weigh it against ROE and asset quality.
CX
Materials industry group
1.20
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- Q1
- 1.26
- CX
- 1.20
- Min
- -0.17
PPG
Materials industry group
3.19
- Max
- 6.59
- Q3
- 3.55
- PPG
- 3.19
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | CX | PPG |
|---|---|---|
| P/E Ratio (TTM) | 67.00 | 17.19 |
| P/S Ratio (TTM) | 0.89 | 1.62 |
| P/B Ratio (MRQ) | 1.20 | 3.19 |
| Free Cash Flow Yield (TTM) | 8.86% | 4.06% |