Comparing PPG Industries and Toray Industries

Two large-cap basic materials companies go head-to-head

Published on Feb. 27, 2026

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Toray Industries (OTCMKTS:TRYIY) and PPG Industries (NYSE:PPG) are both large-cap basic materials companies, but which one is the better stock? This article compares the two companies based on factors like institutional ownership, dividends, earnings, profitability, analyst recommendations, valuation, and risk.

Why it matters

Comparing the performance and fundamentals of two major players in the basic materials industry can help investors make more informed decisions about which company to invest in. This analysis provides insights into the relative strengths and weaknesses of Toray Industries and PPG Industries.

The details

The analysis finds that PPG Industries has lower revenue but higher earnings than Toray Industries. PPG Industries also has a lower price-to-earnings ratio, making it more affordable. PPG Industries has stronger institutional ownership and a longer track record of dividend growth. Analysts also see more potential upside for PPG Industries compared to Toray Industries. On most key metrics, PPG Industries appears to be the stronger of the two companies.

  • The analysis is based on data reported as of February 27, 2026.

The players

Toray Industries

A Japanese company that manufactures and sells fibers, textiles, performance chemicals, carbon fiber composite materials, and other products globally.

PPG Industries

An American company that manufactures and distributes paints, coatings, and specialty materials worldwide.

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The takeaway

This analysis suggests that PPG Industries is the stronger investment option compared to Toray Industries based on its higher profitability, lower valuation, better dividend history, and greater institutional support.