Key Takeaways The chemical industry is facing a tough macroeconomic environment in 2025.Ashland's earnings are expected to fall 18.9% in fiscal 2025.ASH is cheap on a P/E basis, with a forward P/E of 14.7. Ashland Inc.(ASH) is navigating the uncertain macroeconomic environment. This Zacks Rank #5 (Strong Sell) is expected to see earnings decline 18.9% in fiscal 2025.Ashland is a global additives and specialty ingredients company with a market cap of $2.4 billion. It serves customers in more than 100 countri ...