As of Jul 25, 2024, the Ashland Global Holdings stock's PE ratio is 24.55. This results from the current EPS of $3.85 and stock price of $94.52. The P/E ratio has an increase of 2.7% from the past four quarters average of 23.9.
The PE ratio of Ashland Global Holdings has averaged 254.9 over the last ten years. The current PE ratio of 24.55 is 90% 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.
Maximum annual increase: 327.99% in 2023
Maximum annual decrease: -99.3% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2014 | 34.24 | 222.41% |
Currently, ASH's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peers WMT and DOW, ASH's PE ratio stands lower, however it is higher than AZO's and CMI's. Ashland Global Holdings is presently trading at a higher PE ratio (24.55) than its peer group average of 23.25.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPC Genuine Parts Co | 16.36 | $19.78B |
| AZO Autozone Inc | 20.79 | $52.79B |
| CMI Cummins Inc | 21.18 | $39.72B |
| MNRO Monro Inc | 22.31 | $787.4M |
| ASH Ashland Global Holdings Inc | 24.98 | $4.82B |
| WMT Walmart Inc | 29.82 | $561.28B |
| DOW Dow Inc | 31.28 | $37.17B |
| HUN Huntsman CORP | N/A | $4.05B |
| GT Goodyear Tire & Rubber Co | N/A | $3.44B |
The price to earnings ratio for ASH stock is 24.55 as of Jul 25, 2024.
The 3-year average PE ratio for ASH stock is 18.1.
The 5-year average PE ratio for ASH stock is 18.96.
Over the last ten years, the quarterly PE ratio reached a historic high of 6,539 in the Sep 2017 quarter.
ASH's price to earnings ratio is currently 90% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Ashland Global Holdings's stock price is $94.52. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.85. Therefore, Ashland Global Holdings's P/E ratio for today is 24.55. PE RATIO(24.55) = STOCK PRICE($94.52) / TTM EPS($3.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.