Ashland Price To Sales Ratio from 2010 to 2024

ASH Stock  USD 98.45  1.15  1.15%   
Ashland Global's Price To Sales Ratio is increasing with slightly volatile movements from year to year. Price To Sales Ratio is estimated to finish at 1.87 this year. Price To Sales Ratio is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
1.78
Current Value
1.87
Quarterly Volatility
0.78222797
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ashland Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ashland main balance sheet or income statement drivers, such as Depreciation And Amortization of 309.9 M, Interest Expense of 6.6 M or Selling General Administrative of 310.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.87, Dividend Yield of 0.0192 or PTB Ratio of 1.32. Ashland financial statements analysis is a perfect complement when working with Ashland Global Valuation or Volatility modules.
  
This module can also supplement Ashland Global's financial leverage analysis and stock options assessment as well as various Ashland Global Technical models . Check out the analysis of Ashland Global Correlation against competitors.

Latest Ashland Global's Price To Sales Ratio Growth Pattern

Below is the plot of the Price To Sales Ratio of Ashland Global Holdings over the last few years. Price to Sales Ratio is figured by comparing Ashland Global Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Ashland Global sales, a figure that is much harder to manipulate than other Ashland Global Holdings multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. Ashland Global's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ashland Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.23 X10 Years Trend
Slightly volatile
   Price To Sales Ratio   
       Timeline  

Ashland Price To Sales Ratio Regression Statistics

Arithmetic Mean1.30
Geometric Mean0.94
Coefficient Of Variation60.17
Mean Deviation0.68
Median1.39
Standard Deviation0.78
Sample Variance0.61
Range2.4852
R-Value0.90
Mean Square Error0.12
R-Squared0.81
Slope0.16
Total Sum of Squares8.57

Ashland Price To Sales Ratio History

2024 1.87
2023 1.78
2022 1.98
2021 2.18
2020 2.53
2019 1.86
2018 1.92

About Ashland Global Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ashland Global income statement, its balance sheet, and the statement of cash flows. Ashland Global investors use historical funamental indicators, such as Ashland Global's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Ashland Global investors may use each financial statement separately, they are all related. The changes in Ashland Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ashland Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ashland Global Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ashland Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Sales Ratio 1.78  1.87 

Currently Active Assets on Macroaxis

When determining whether Ashland Global Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ashland Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ashland Global Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ashland Global Holdings Stock:
Check out the analysis of Ashland Global Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Ashland Global's price analysis, check to measure Ashland Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ashland Global is operating at the current time. Most of Ashland Global's value examination focuses on studying past and present price action to predict the probability of Ashland Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashland Global's price. Additionally, you may evaluate how the addition of Ashland Global to your portfolios can decrease your overall portfolio volatility.
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Is Ashland Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ashland Global. If investors know Ashland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ashland Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.432
Dividend Share
1.54
Earnings Share
3.62
Revenue Per Share
41.392
Quarterly Revenue Growth
(0.05)
The market value of Ashland Global Holdings is measured differently than its book value, which is the value of Ashland that is recorded on the company's balance sheet. Investors also form their own opinion of Ashland Global's value that differs from its market value or its book value, called intrinsic value, which is Ashland Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ashland Global's market value can be influenced by many factors that don't directly affect Ashland Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ashland Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashland Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashland Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.