ASH Ashland Global Holdings PE ratio, current and historical analysis
As of Sep 9, 2024, the Ashland Global Holdings stock's PE ratio is 28.36. This results from the current EPS of $3.01 and stock price of $85.36. The P/E ratio has an increase of 5% from the past four quarters average of 27.0.
ASH PE ratio history
The PE ratio of Ashland Global Holdings has averaged 247.45 over the last ten years. The current PE ratio of 28.36 is 89% 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 |
|---|---|---|
| 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% |
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 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 (28.36) than its peer group average of 25.39.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPC Genuine Parts Co | 15.74 | $19.03B |
| AZO Autozone Inc | 21 | $53.31B |
| CMI Cummins Inc | 21.31 | $40.68B |
| MNRO Monro Inc | 22.72 | $741.14M |
| ASH Ashland Global Holdings Inc | 28.36 | $4.17B |
| DOW Dow Inc | 31.47 | $35.96B |
| WMT Walmart Inc | 40.07 | $621.68B |
| HUN Huntsman CORP | N/A | $3.72B |
| GT Goodyear Tire & Rubber Co | N/A | $2.22B |
Frequently asked questions
What is Ashland Global Holdings's PE ratio?
The price to earnings ratio for ASH stock is 28.36 as of Sep 9, 2024.
What is the 3-year average PE ratio for Ashland Global Holdings (ASH)?
The 3-year average PE ratio for ASH stock is 19.2.
What is the 5-year average PE ratio for Ashland Global Holdings (ASH)?
The 5-year average PE ratio for ASH stock is 19.74.
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 89% 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 (Sep 9, 2024), Ashland Global Holdings's stock price is $85.36. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.01. Therefore, Ashland Global Holdings's P/E ratio for today is 28.36. PE RATIO(28.36) = STOCK PRICE($85.36) / TTM EPS($3.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.