The Sherwin-Williams Company (SHW)
Basic Materials · Chemicals - Specialty · Data as of 2026-09-01
Bottom line
SHW is trading near its usual valuation, near its historical resistance zone, and recent volume suggests money flowing out. Historically, this combination has called for extra caution. Past patterns are not a guarantee of future results.
Valuation — Near its usual asset-based value (Yellow)
SHW is in a cyclical industry, where earnings swing with the economy, so we compare its price-to-book of 21.9× with its own typical level (20.5×). Its current multiple sits around the 35th percentile of its own last five years — toward the low end of its own range.
Quality check: debt-to-equity of 3.7× runs well above the 1.1× median of the peers we track — leverage cuts both ways across a cycle.
Price zones — Near its historical resistance zone (Red)
At $329.95, the stock is close to the upper end of its recent range. Over the past year SHW has traded between $289.86 and $377.77; its historical support zone sits near $289.86 and resistance near $334.16. It is below both its 50- and 200-day averages, which has historically signalled a downtrend.
52-week range $289.86–$377.77 · 50-day average $342.97 · 200-day average $334.16
Money flow — Money is flowing out (Red)
Recent trading in SHW shows more volume on falling days than rising days, a pattern often described as distribution. Volume on up days has been about 1.0× volume on down days over the last 30 sessions.
About the company
The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paint, coatings, and related products to professional, industrial, commercial and retail customers. The company operates through three segments: Paint Stores Group, Consumer Brands Group, and Performance Coatings Group. The Paint Stores Group segment offers architectural paint and coatings; protective and marine products; and OEM product finishes and related products for architectural and industrial paint contractors, and do-it-yourself homeowners under the Sherwin-Williams brand.
一句话结论
SHW 估值接近其惯常水平，接近其历史阻力区，近期成交量显示资金正在流出。从历史来看，这样的组合需要格外谨慎。过去的形态并不能保证未来的结果。
估值 — 接近其惯常的资产估值水平
SHW 所在的行业具有周期性，盈利会随经济起伏，因此我们把它 21.9× 的市净率与其自身惯常的水平（20.5×）作比较。它当前的估值倍数大约位于自身过去五年分布的第 35 百分位——处于自身区间的偏低位置。
质量核对：3.7×的债务股本比明显高于我们追踪的同行 1.1×的中位数——在周期中，杠杆是双刃剑。
价格区间 — 接近其历史阻力区
目前价格为 $329.95，接近其近期区间的上沿。过去一年 SHW 的价格在 $289.86 到 $377.77 之间波动；其历史支撑区在 $289.86 附近，阻力区在 $334.16 附近。它同时位于 50 日和 200 日均线下方，这在历史上通常对应下降趋势。
资金流向 — 资金正在流出
SHW 近期下跌日的成交量高于上涨日，这种形态常被称为派发。过去 30 个交易日，上涨日的成交量约为下跌日的 1.0×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.