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ASH (Ashland) Cyclically Adjusted PB Ratio : 0.83 (As of Jul. 04, 2025)


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What is Ashland Cyclically Adjusted PB Ratio?

As of today (2025-07-04), Ashland's current share price is $53.68. Ashland's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $64.54. Ashland's Cyclically Adjusted PB Ratio for today is 0.83.

The historical rank and industry rank for Ashland's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.34   Max: 1.87
Current: 0.83

During the past years, Ashland's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.75. And the median was 1.34.

ASH's Cyclically Adjusted PB Ratio is ranked better than
74.23% of 1226 companies
in the Chemicals industry
Industry Median: 1.625 vs ASH: 0.83

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Ashland's adjusted book value per share data for the three months ended in Mar. 2025 was $56.002. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $64.54 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashland Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ashland's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ashland Cyclically Adjusted PB Ratio Chart

Ashland Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.52 1.52 1.28 1.36

Ashland Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.52 1.48 1.36 1.12 0.92

Competitive Comparison of Ashland's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Ashland's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ashland's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ashland's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ashland's Cyclically Adjusted PB Ratio falls into.


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Ashland Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Ashland's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.68/64.54
=0.83

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ashland's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ashland's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=56.002/134.9266*134.9266
=56.002

Current CPI (Mar. 2025) = 134.9266.

Ashland Quarterly Data

Book Value per Share CPI Adj_Book
201506 46.832 100.684 62.760
201509 45.328 100.392 60.921
201512 40.285 99.792 54.468
201603 43.876 100.470 58.923
201606 44.025 101.688 58.415
201609 53.984 101.861 71.508
201612 51.031 101.863 67.595
201703 53.040 102.862 69.574
201706 54.469 103.349 71.112
201709 54.935 104.136 71.178
201712 54.621 104.011 70.856
201803 56.281 105.290 72.123
201806 54.448 106.317 69.100
201809 54.935 106.507 69.594
201812 52.780 105.998 67.185
201903 53.610 107.251 67.444
201906 53.154 108.070 66.364
201909 59.517 108.329 74.130
201912 60.169 108.420 74.879
202003 49.342 108.902 61.134
202006 49.826 108.767 61.810
202009 49.770 109.815 61.151
202012 51.461 109.897 63.182
202103 51.294 111.754 61.930
202106 52.723 114.631 62.057
202109 48.281 115.734 56.287
202112 48.538 117.630 55.675
202203 61.998 121.301 68.962
202206 60.326 125.017 65.108
202209 59.630 125.227 64.249
202212 61.136 125.222 65.874
202303 61.875 127.348 65.557
202306 61.455 128.729 64.414
202309 60.725 129.860 63.094
202312 60.944 129.419 63.537
202403 62.521 131.776 64.016
202406 60.759 132.554 61.847
202409 61.021 133.029 61.891
202412 54.935 133.157 55.665
202503 56.002 134.927 56.002

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ashland  (NYSE:ASH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Ashland Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ashland's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashland Business Description

Industry
Traded in Other Exchanges
Address
8145 Blazer Drive, Wilmington, DE, USA, 19808
Ashland Inc is a world-wide specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into four distinct segments: life sciences, personal care, specialty additives, and intermediates. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. The life sciences segment derives maximum revenue. The company generates its sales from North America, Europe, Asia Pacific, and Latin America, and Others.
Executives
Guillermo Novo director, officer: Chairman and CEO AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195
Eric N Boni officer: Principal Accounting Officer 8145 BLAZER DRIVE, WILMINGTON DE 19808
Robin E. Lampkin officer: SVP, Gen. Counsel & Secretary 5475 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
J Kevin Willis officer: Chief Financial Officer 50 E RIVERCENTER BLVD, COVINGTON KY 41011
James P. Minicucci officer: SVP Strategy, M&A & Portfolio 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
Karl R. Bostaph officer: SVP Operations 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017
Sergio Pedreiro director 2 PARK AVENUE, NEW YORK NY 10016
Eileen Drury officer: SVP and Chief Human Resources 8145 BLAZER DRIVE, WILMINGTON DE 19808
Ricky C Sandler director, other: See Remarks 65 EAST 55TH STREET, 25TH FLOOR, NEW YORK NY 10022
Steven D Bishop director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Suzan F. Harrison director 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Winkler Von Mohrenfels Petra Yvonne officer: Sr. VP, GC and Secretary 8145 BLAZER DRIVE, WILMINGTON DE 19808
Min Chong officer: Sr VP & Gen Mgr, Spc Additives 8145 BLAZER DRIVE, WILMINGTON DE 19808
Osama M Musa officer: Sr. Vice President ASHLAND GLOBAL HOLDINGS INC, 1005 ROUTE 202/206, BRIDGEWATER NJ 08807
Swaminathan Ashok Kalyana officer: Sr VP & Gen Mgr, Life Sciences 8145 BLAZER DRIVE, WILMINGTON DE 19808