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Friday 6 November 2026 Export ASH’s income statement to Excel — free account

Ashland Inc.

ASH Basic Materials Specialty Chemicals

Ashland Inc.’s revenue for fiscal 2026 (year ended September 2026) was $1.9 billion, up 2.14% from fiscal 2025.

Revenue
+4.40%
EPS
+102.2%
Free cash flow
+400.0%
Total debt
−0.94%

Quarter to September 2026, against a year earlier

76.54 0.10 +0.13%
Market cap
$3.5B
P/E
67.1×
Fwd P/E
39.4×
Dividend yield
2.18%
F-score
n/a
Altman Z
n/a
Beneish M
−2.61
Dividend safety
47/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Ashland Inc. (ASH) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Ashland Inc. (ASH) trades at a P/B ratio of 1.8×. Over the past ten years it has ranged from 0.7× (March 2020) to 2.4× (November 2021); the current reading is higher than 95% of that period. That is in line with the Specialty Chemicals industry median of 1.9× and above the Basic Materials sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 1.6× 41.76%
FY2025 1.2× (22.10%)
FY2024 1.5× 8.91%
FY2023 1.4× (15.90%)
FY2022 1.6× (16.51%)
FY2021 1.9× 36.36%
FY2020 1.4× 6.52%
FY2019 1.3× (14.12%)
FY2018 1.6× 28.18%
FY2017 1.2× 9.35%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.6× 3.08%
Jun 2026 1.6× 18.49%
Mar 2026 1.3× (5.21%)
Dec 2025 1.4× 22.45%
43 more quarters

Against its own ten years

Low 0.7× High 2.4×
Ten-year median 1.4×
Current reading's percentile 95

P/B ratio against peers

Company P/B ratio
CLMT Calumet, Inc. compare n/m
FUL H. B. Fuller Company compare 1.3×
ASH Ashland Inc. 1.8×
KWR Quaker Houghton compare 1.9×
CBT Cabot Corporation compare 2.1×
PRM Perimeter Solutions, SA compare 3.5×
HWKN Hawkins, Inc. compare 5.6×
WDFC WD-40 Company compare 11.2×
AVNT Avient Corporation compare 301×
Specialty Chemicals industry median 1.9×
Basic Materials sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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