Ashland (FRA:AHT) Cyclically Adjusted PS Ratio: 1.45 (As of Jul. 11, 2026) — 23% Above Median


FRA:AHT Ashland Inc FRA:AHT
68 GF Score
Price €55.00
GF Value €58.77
Valuation Fairly Valued
! 8 Warning Signs
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What is Ashland Cyclically Adjusted PS Ratio?

Ashland FRA:AHT 68 Cyclically Adjusted PS Ratio is 1.45 as of Jul. 11, 2026, which is 23% above its 10-year median of 1.18. GuruFocus rates FRA:AHT with a GF Score™ of 68/100 and a GF Value™ of €58.77 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,275 Chemicals companies, Ashland ranks worse than 51.37% on this metric.

As of today (2026-07-11), Ashland's current share price is €55.00. Ashland's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €37.98. Ashland's Cyclically Adjusted PS Ratio for today is 1.45.

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

FRA:AHT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.18   Max: 1.95
Current: 1.4

During the past years, Ashland's highest Cyclically Adjusted PS Ratio was 1.95. The lowest was 0.56. And the median was 1.18.

FRA:AHT's Cyclically Adjusted PS Ratio is ranked worse than
51.37% of 1275 companies
in the Chemicals industry
Industry Median: 1.35 vs FRA:AHT: 1.40

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ashland's adjusted revenue per share data for the three months ended in Mar. 2026 was €9.064. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €37.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashland  (FRA:AHT) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Ashland Cyclically Adjusted PS Ratio Related Terms


Ashland Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ashland's Cyclically Adjusted PS 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.

Ashland Cyclically Adjusted PS Ratio Chart

Ashland Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.59 1.48 1.73 0.98

Ashland Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 1.25 1.09 0.98 1.24 1.20

FRA:AHT vs CLMT, KWR, CC: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Ashland's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Chemicals Industry

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

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


FRA:AHT
68GF Score
Ashland Inc FRA:AHT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashland Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.00/37.98
=1.45

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ashland's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=9.064/330.2130*330.2130
=9.064

Current CPI (Mar. 2026) = 330.2130.

Ashland Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.160 241.018 15.290
201609 10.664 241.428 14.586
201612 10.764 241.432 14.722
201703 11.962 243.801 16.202
201706 12.489 244.955 16.836
201709 -0.961 246.819 -1.286
201712 7.918 246.524 10.606
201803 8.516 249.554 11.268
201806 8.935 251.989 11.709
201809 8.932 252.439 11.684
201812 8.037 251.233 10.564
201903 9.223 254.202 11.981
201906 9.150 256.143 11.796
201909 4.063 256.759 5.225
201912 7.864 256.974 10.105
202003 9.050 258.115 11.578
202006 8.356 257.797 10.703
202009 4.161 260.280 5.279
202012 6.306 260.474 7.994
202103 6.896 264.877 8.597
202106 7.269 271.696 8.835
202109 8.661 274.310 10.426
202112 7.812 278.802 9.253
202203 9.622 287.504 11.051
202206 11.077 296.311 12.344
202209 12.044 296.808 13.400
202212 9.011 296.797 10.026
202303 10.240 301.836 11.203
202306 9.509 305.109 10.291
202309 8.971 307.789 9.625
202312 8.505 306.746 9.156
202403 10.373 312.332 10.967
202406 9.909 314.175 10.415
202409 10.007 315.301 10.480
202412 8.229 315.605 8.610
202503 9.427 319.799 9.734
202506 8.727 322.561 8.934
202509 9.451 324.800 9.609
202512 7.166 324.054 7.302
202603 9.064 330.213 9.064

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 1.45 mean?
Ashland (FRA:AHT) has a Cyclically Adjusted PS Ratio of 1.45 as of Jul. 11, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ashland and its competitors. This is 23% above median its historical median of 1.18. Over the past decade, Ashland's Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.95. According to the industry distribution chart, Ashland ranks #655 out of 1275 companies in the Chemicals industry, placing it in the top 51.4%.
Is Ashland's Cyclically Adjusted PS Ratio too high?
Ashland's current Cyclically Adjusted PS Ratio of 1.45 is 23% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.95. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.35. Ashland's value of 1.45 is 7.4% above this industry median. Based on the distribution chart, Ashland ranks #655 out of 1275 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ashland has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ashland's Cyclically Adjusted PS Ratio compare to CLMT and KWR?
According to the Chemicals industry distribution chart, Ashland ranks #655 out of 1275 companies for Cyclically Adjusted PS Ratio. This places Ashland in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.35. Ashland's value of 1.45 is 7.4% above this benchmark. Historically, Ashland's own Cyclically Adjusted PS Ratio has ranged from 0.56 to 1.95 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.35, Ashland has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.35, based on 1,275 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashland's current Cyclically Adjusted PS Ratio of 1.45 is 7.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ashland and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashland's current Cyclically Adjusted PS Ratio is 1.45, which is 23% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashland stock overvalued right now?
Based on GuruFocus' analysis, Ashland (FRA:AHT) is currently considered Fairly Valued. The stock's GF Value™ is €58.77, compared to a current price of €55.00 — trading 6.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.45, which is 23% above median its 10-year median of 1.18 and 7.4% above the Chemicals industry median of 1.35. Ashland's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ashland (FRA:AHT), the current Cyclically Adjusted PS Ratio is 1.45 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ashland (FRA:AHT) Overvalued in 2026?

Based on GuruFocus' analysis, Ashland stock appears to be undervalued. The current stock price of €55.00 is trading 6.4% below its estimated GF Value™ of €58.77. GuruFocus considers Ashland to be Fairly Valued.

Key valuation signals for FRA:AHT:

  • Cyclically Adjusted PS Ratio: 1.45 (23% above median its 10-year median of 1.18)
  • GF Value™: €58.77 vs. price of €55.00 (6.4% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 7.4% above the Chemicals median (#655 of 1275)

No single metric tells the full story. See the FRA:AHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashland Business Description

Other Exchanges ASH:USA
Address 8145 Blazer Drive, Wilmington, DE, USA, 19808
Ashland Inc. is a specialty materials company serving markets including pharmaceuticals, personal care, food and beverages, coatings, construction, energy, and electronics. It operates through four segments: Life Sciences, Personal Care, Specialty Additives, and Intermediates. Life Sciences contributes the highest revenue, offering functional additives for pharmaceutical and nutrition applications. Personal Care provides ingredients for skin, hair, oral care, and household products, while Specialty Additives supplies performance-enhancing additives for coatings and. Intermediates produce BDO and related derivatives used in polymers, electronics, agriculture, and pharmaceutical applications. The company generates sales across North America, Europe, Asia Pacific, Latin America, and regions.
68GF Score

Get the complete analysis for FRA:AHT

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€55.00
Price
€58.77
GF Value