Ashland Inc. (ASH) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2024
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ASH Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Ashland Inc. (ASH) trades at a price-to-earnings ratio of -3.0x, with a stock price of $54.46 and trailing twelve-month earnings per share of $-15.35.
The current P/E is 111% below its 5-year average of 26.5x. Over the past five years, ASH's P/E has ranged from a low of 5.9x to a high of 68.5x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.4x, ASH trades at a 113% discount to its sector peers. The sector includes 125 companies with P/E ratios ranging from 2.0x to 144.2x.
Relative to the broader market, ASH trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ASH DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ASH P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $13B | 19.0 | 1.05 | +17% | |
| $3B | 22.1 | 7.10 | +20% | |
| $3B | 41.0 | - | -52% | |
| $5B | 33.6 | 2.62 | +21% | |
| $2B | 16.4 | 0.51Best | +229%Best | |
| $8B | 18.0 | 5.59 | -47% | |
| $4B | 13.5Lowest | - | -10% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ASH Historical P/E Data (1990–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q4 | Mon Sep 30 2024 00:00:00 GM | $86.97 | $3.35 | 26.0x | +66% |
| FY2024 Q3 | Sun Jun 30 2024 00:00:00 GM | $94.49 | $2.94 | 32.1x | +106% |
| FY2024 Q2 | Sun Mar 31 2024 00:00:00 GM | $97.37 | $3.78 | 25.7x | +65% |
| FY2024 Q1 | Sun Dec 31 2023 00:00:00 GM | $84.31 | $3.04 | 27.7x | +77% |
| FY2023 Q4 | Sat Sep 30 2023 00:00:00 GM | $81.68 | $3.29 | 24.8x | +59% |
| FY2023 Q3 | Fri Jun 30 2023 00:00:00 GM | $86.91 | $4.41 | 19.7x | +26% |
| FY2023 Q2 | Fri Mar 31 2023 00:00:00 GM | $102.71 | $4.10 | 25.1x | +60% |
| FY2023 Q1 | Sat Dec 31 2022 00:00:00 GM | $107.53 | $16.14 | 6.7x | -57% |
| FY2022 Q4 | Fri Sep 30 2022 00:00:00 GM | $94.97 | $16.21 | 5.9x | -63% |
| FY2022 Q3 | $103.05 | $15.87 | 6.5x | -58% | |
| FY2022 Q2 | $98.41 | $16.51 | 6.0x | -62% | |
| FY2022 Q1 | Fri Dec 31 2021 00:00:00 GM | $107.66 | $3.49 | 30.8x | +97% |
Average P/E for displayed period: 15.6x
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Start ComparisonASH — Frequently Asked Questions
Quick answers to the most common questions about buying ASH stock.
Is ASH stock overvalued or undervalued?
ASH trades at -3.0x P/E, below its 5-year average of 26.5x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ASH's valuation compare to peers?
Ashland Inc. P/E of -3.0x compares to sector median of 23.4x. The discount suggests lower growth expectations or higher risk.
What is ASH's PEG ratio?
ASH PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2024.