ASH has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ASH has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-04-27), Ashland's current share price is $96.06. Ashland's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.50. Ashland's Cyclically Adjusted Price-to-FCF for today is 27.45.
The historical rank and industry rank for Ashland's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
During the past years, Ashland's highest Cyclically Adjusted Price-to-FCF was 32.07. The lowest was 10.66. And the median was 17.64.
ASH's Cyclically Adjusted Price-to-FCF is ranked worse thanThe 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.
Ashland's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.961. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $3.50 for the trailing ten years ended in Dec. 2023.
The historical data trend for Ashland's Cyclically Adjusted Price-to-FCF 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 Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cyclically Adjusted Price-to-FCF | Get a 7-Day Free Trial | 30.72 | 30.10 | 26.05 | 25.69 | 24.10 |
For the Specialty Chemicals subindustry, Ashland's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.
For the Chemicals industry and Basic Materials sector, Ashland's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Ashland's Cyclically Adjusted Price-to-FCF falls into.
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.
Ashland's Cyclically Adjusted Price-to-FCF for today is calculated as
Cyclically Adjusted Price-to-FCF | = | Share Price | / | Cyclically Adjusted FCF per Share |
= | 96.06 | / | 3.5 | |
= | 27.45 |
* 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 FCF per Share for the quarter that ended in Dec. 2023 is calculated as:
For example, Ashland's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:
Adj_FreeCashFlowPerShare | = | Free Cash Flow per Share | / | CPI of Dec. 2023 (Change) | * | Current CPI (Dec. 2023) |
= | 2.961 | / | 129.4194 | * | 129.4194 | |
= | 2.961 |
Current CPI (Dec. 2023) = 129.4194.
Ashland Quarterly Data
Free Cash Flow per Share | CPI | Adj_FreeCashFlowPerShare | |
201403 | 1.769 | 99.695 | 2.296 |
201406 | 2.304 | 100.560 | 2.965 |
201409 | 1.267 | 100.428 | 1.633 |
201412 | -1.100 | 99.070 | -1.437 |
201503 | 5.275 | 99.621 | 6.853 |
201506 | -4.882 | 100.684 | -6.275 |
201509 | 2.324 | 100.392 | 2.996 |
201512 | 0.045 | 99.792 | 0.058 |
201603 | 1.984 | 100.470 | 2.556 |
201606 | 2.016 | 101.688 | 2.566 |
201609 | 3.048 | 101.861 | 3.873 |
201612 | -0.371 | 101.863 | -0.471 |
201703 | 0.127 | 102.862 | 0.160 |
201706 | 2.290 | 103.349 | 2.868 |
201709 | 1.419 | 104.136 | 1.764 |
201712 | -0.984 | 104.011 | -1.224 |
201803 | -0.234 | 105.290 | -0.288 |
201806 | 1.313 | 106.317 | 1.598 |
201809 | 2.063 | 106.507 | 2.507 |
201812 | -1.587 | 105.998 | -1.938 |
201903 | -0.078 | 107.251 | -0.094 |
201906 | 1.532 | 108.070 | 1.835 |
201909 | 1.763 | 108.329 | 2.106 |
201912 | -1.311 | 108.420 | -1.565 |
202003 | -0.852 | 108.902 | -1.013 |
202006 | 1.525 | 108.767 | 1.815 |
202009 | 1.787 | 109.815 | 2.106 |
202012 | 1.016 | 109.897 | 1.196 |
202103 | 1.000 | 111.754 | 1.158 |
202106 | 3.226 | 114.631 | 3.642 |
202109 | 2.259 | 115.734 | 2.526 |
202112 | -0.155 | 117.630 | -0.171 |
202203 | -1.228 | 121.301 | -1.310 |
202206 | -5.018 | 125.017 | -5.195 |
202209 | 0.547 | 125.227 | 0.565 |
202212 | -1.564 | 125.222 | -1.616 |
202303 | 0.145 | 127.348 | 0.147 |
202306 | 1.830 | 128.729 | 1.840 |
202309 | 1.000 | 129.860 | 0.997 |
202312 | 2.961 | 129.419 | 2.961 |
Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
Thank you for viewing the detailed overview of Ashland's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Eric N Boni | officer: Principal Accounting Officer | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
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 |
Robin E. Lampkin | officer: SVP, Gen. Counsel & Secretary | 5475 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 |
Guillermo Novo | director, officer: Chairman and CEO | AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195 |
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 |
From GuruFocus
By Stock market mentor Stock market mentor • 01-31-2023
By GlobeNewswire GlobeNewswire • 05-02-2023
By GlobeNewswire • 08-17-2023
By Value_Insider Value_Insider • 11-04-2022
By Value_Insider Value_Insider • 11-07-2022
By Value_Insider Value_Insider • 11-18-2022
By Stock market mentor Stock market mentor • 01-25-2023
By Value_Insider Value_Insider • 10-31-2022