Applied Industrial Technologies's book value per share for the quarter that ended in Dec. 2023 was $41.55.
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.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
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.
Applied Industrial Technologies's current price is $186.2931. Its book value per share for the quarter that ended in Dec. 2023 was $41.55. Hence, today's PB Ratio of Applied Industrial Technologies is 4.48.
During the past 13 years, the highest P/B Ratio of Applied Industrial Technologies was 4.75. The lowest was 1.41. And the median was 2.94.
Warning Sign:
Applied Industrial Technologies Inc stock PB Ratio (=4.42) is close to 10-year high of 4.75
Applied Industrial Technologies Book Value per Share Historical Data
The historical data trend for Applied Industrial Technologies's Book Value per Share can be seen below:
* 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.
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 PB Ratio Distribution
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 Book Value per Share Calculation
Applied Industrial Technologies's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Applied Industrial Technologies (NYSE:AIT) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Applied Industrial Technologies Book Value per Share Related Terms
Thank you for viewing the detailed overview of Applied Industrial Technologies's Book Value per Share 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AIT has been successfully added to your 