My understanding is that Yahoo's TTM PE is inaccurate. Many consider ASH's PE to be the lowest of the specialty chemical industry over a certain market cap of 1 Billion or so. I don't know who to believe when it comes to the price of ASH. The inaccuracies in the PE have something to do with the various acquisition and sales in the recent past. I don't have the accounting chops to offer my opinion.
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