ASH Ashland Global Holdings PE ratio, current and historical analysis
As of Nov 21, 2024, the Ashland Global Holdings stock's PE ratio is 22.84. This results from the current EPS of $3.4 and stock price of $77.64. The P/E ratio has a decrease of 16% from the past four quarters average of 27.3.
ASH PE ratio history
The PE ratio of Ashland Global Holdings has averaged 247.16 over the last ten years. The current PE ratio of 22.84 is 91% below the historical average. Over the past ten years, ASH's PE ratio was at its highest in the Sep 2017 quarter at 6,539, when the stock price was $65.39 and the EPS was $0.01. The lowest value was in the Sep 2022 quarter, when it reached 5.68 with a price of $94.97 and an EPS of $16.71.
Ashland Global Holdings PE ratio by year
Maximum annual increase: 327.99% in 2023
Maximum annual decrease: -99.3% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 25.58 | 5.22% |
| 2023 | 24.31 | 327.99% |
| 2022 | 5.68 | -76.86% |
| 2021 | 24.55 | N/A |
| 2020 | N/A | N/A |
| 2019 | 9.45 | -79.49% |
| 2018 | 46.08 | -99.3% |
| 2017 | 6,539 | N/A |
| 2016 | N/A | N/A |
| 2015 | 22.16 | -35.28% |
ASH average PE ratio chart
Currently, ASH's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
ASH PE vs peers
Compared to its peers WMT and CMI, ASH's PE ratio stands lower, however it is higher than AZO's and GPC's. Ashland Global Holdings is presently trading at a lower PE ratio (22.84) than its peer group average of 27.72.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPC Genuine Parts Co | 15.92 | $17.29B |
| AZO Autozone Inc | 20.19 | $52.5B |
| ASH Ashland Global Holdings Inc | 23.06 | $3.69B |
| CMI Cummins Inc | 24.31 | $50.69B |
| DOW Dow Inc | 30.2 | $31.71B |
| MNRO Monro Inc | 31.16 | $811.78M |
| WMT Walmart Inc | 46.77 | $725.57B |
| HUN Huntsman CORP | N/A | $3.41B |
| GT Goodyear Tire & Rubber Co | N/A | $2.77B |
Frequently asked questions
What is Ashland Global Holdings's PE ratio?
The price to earnings ratio for ASH stock is 22.84 as of Nov 21, 2024.
What is the 3-year average PE ratio for Ashland Global Holdings (ASH)?
The 3-year average PE ratio for ASH stock is 19.29.
What is the 5-year average PE ratio for Ashland Global Holdings (ASH)?
The 5-year average PE ratio for ASH stock is 20.75.
What is the highest PE ratio for ASH?
Over the last ten years, the quarterly PE ratio reached a historic high of 6,539 in the Sep 2017 quarter.
How does the current PE ratio for ASH compare to its historical average?
ASH's price to earnings ratio is currently 91% below its 10-year historical average.
How is ASH's PE ratio calculated (Ashland Global Holdings PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Ashland Global Holdings's stock price is $77.64. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.4. Therefore, Ashland Global Holdings's P/E ratio for today is 22.84. PE RATIO(22.84) = STOCK PRICE($77.64) / TTM EPS($3.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.