Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
AshlandASH -1.09%75 EV-to-EBITDA is 12.68 as of Aug. 11, 2026, which is 19% below its 10-year median of 15.67. GuruFocus rates ASH with a GF Score™ of 75/100 and a GF Value™ of $68.64 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,325 Chemicals companies, Ashland ranks better than 55.09% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ashland's enterprise value is $4,451 Mil.
Ashland's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $351 Mil. Therefore, Ashland's EV-to-EBITDA for today is 12.68.
The historical rank and industry rank for Ashland's EV-to-EBITDA or its related term are showing as below:
ASH'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -31.88 Med: 15.67 Max: 69
Current: 12.68
During the past 13 years, the highest EV-to-EBITDA of Ashland was 69.00. The lowest was -31.88. And the median was 15.67.
ASH's EV-to-EBITDA is ranked better than 55.09% of 1325
companies
in the Chemicals industry
Industry Median: 13.48
vs ASH: 12.68
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ashland's share price for today is $74.58.
Ashland's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.125.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Ashland's EV-to-EBITDA 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.
For the Specialty Chemicals subindustry, Ashland's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ashland's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ashland's EV-to-EBITDA falls into.
Ashland's current Enterprise Value is $4,451 Mil.
Ashland's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $351 Mil.
* 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 (ASH) has a EV-to-EBITDA of 12.68 as of Aug. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ashland. This is 19% below median its historical median of 15.67. According to the industry distribution chart, Ashland ranks #595 out of 1325 companies in the Chemicals industry, placing it in the top 44.9%.
Is Ashland's EV-to-EBITDA too high?
Ashland's current EV-to-EBITDA of 12.68 is 19% below median its 10-year median of 15.67. The Chemicals industry median EV-to-EBITDA is 13.48. Ashland's value of 12.68 is 5.9% below this industry median. Based on the distribution chart, Ashland ranks #595 out of 1325 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ashland has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ashland's EV-to-EBITDA compare to FUL and WDFC?
According to the Chemicals industry distribution chart, Ashland ranks #595 out of 1325 companies for EV-to-EBITDA. This puts Ashland in the upper half of its industry. The industry median EV-to-EBITDA is 13.48. Ashland's value of 12.68 is 5.9% below this benchmark. While the company's 10-year median is 15.67 vs. the industry median of 13.48, Ashland has consistently been below 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 EV-to-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 13.48, based on 1,325 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ashland's current EV-to-EBITDA of 12.68 is 5.9% below 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ashland. For the Chemicals industry, the median EV-to-EBITDA is 13.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashland's current EV-to-EBITDA is 12.68, which is 19% below median its own 10-year median of 15.67. 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 (ASH) is currently considered Fairly Valued. The stock's GF Value™ is $68.64, compared to a current price of $74.58 — trading 8.7% above its estimated fair value. The current EV-to-EBITDA is 12.68, which is 19% below median its 10-year median of 15.67 and 5.9% below the Chemicals industry median of 13.48. Ashland's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ashland (ASH), the current EV-to-EBITDA is 12.68 as of Aug. 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 (ASH) Overvalued in 2026?
Based on GuruFocus' analysis, Ashland stock appears to be overvalued.
The current stock price of $74.58 is trading 8.7% above its estimated GF Value™ of $68.64.
GuruFocus considers Ashland to be Fairly Valued.
Key valuation signals for ASH:
EV-to-EBITDA: 12.68 (19% below median its 10-year median of 15.67)
GF Value™: $68.64 vs. price of $74.58 (8.7% above fair value)
Industry Position: 5.9% below the Chemicals median (#595 of 1325)
No single metric tells the full story. See the ASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
75GF Score
Get the complete analysis for ASH
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASH has been successfully added to your 
