Applied Industrial Technologies Inc stock PB Ratio (=4.48) is close to 10-year high of 4.75
The historical rank and industry rank for Applied Industrial Technologies's PB Ratio or its related term are showing as below:
AIT'
s PB Ratio Range Over the Past 10 Years
Min: 1.41 Med: 2.94 Max: 4.75
Current: 4.31
During the past 13 years, Applied Industrial Technologies's highest PB Ratio was 4.75. The lowest was 1.41. And the median was 2.94.
AIT's PB Ratio is ranked worse than 85.42% of 144
companies
in the Industrial Distribution industry
Industry Median: 1.22
vs AIT: 4.31
During the past 12 months, Applied Industrial Technologies's average Book Value Per Share Growth Rate was 23.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 20.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Applied Industrial Technologies was 20.10% per year. The lowest was -2.20% per year. And the median was 7.50% per year.
Back to Basics: PB Ratio
Applied Industrial Technologies PB Ratio Historical Data
* 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.
Competitive Comparison of Applied Industrial Technologies's PB Ratio
For the Industrial Distribution subindustry, Applied Industrial Technologies's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Applied Industrial Technologies's PB Ratio Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's PB Ratio falls into.
Applied Industrial Technologies PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Applied Industrial Technologies (NYSE:AIT) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Applied Industrial Technologies PB Ratio Related Terms
Thank you for viewing the detailed overview of Applied Industrial Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Applied Industrial Technologies (Applied Industrial Technologies) Business Description
Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. Fluid products include hydraulic, pneumatic, lubrication, and filtration systems and components. Applied Industrial Technologies operates primarily in North America, Australia, and New Zealand.
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