Ashland Inc   (ASH)
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ASH Price to Tangible Book Ratio (Sep 30 2023) (Jun 30 2023) (Mar 31 2023) (Dec 31 2022) (Sep 30 2022)
Tangible Book Ratio Trailing 12 Months IV. Quarter III. Quarter II. Quarter I. Quarter IV. Quarter
Price to Tangible Book (TTM) Ratio current            6.21            0.09            0.11            0.12            5.22
Tangible Book Value Y / Y Change -10.16 % -6.49 % 0.64 % 248.59 % 323.77 %
Stock performance to date 7.28 % -9.15 % -6.26 % 4.28 % 3.35 %

Price to Tangible Book ratio Comment
Company's current Price to Tangible Book ratio has increased due to shareprice growth of 7.28 %, from beginning of IV. Quarter and due to Tangible Book Value increase, to Price to Tangible Book ratio of 6.21, from average Price to Tangible Book ratio in III. Quarter of 0.09.

What is Price to Tangible Book Ratio?
Valuation by Chemical Manufacturing Industry

Price to Tangible Book ratio Company Ranking
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