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Applied Industrial Technologies (FRA:AT4) Cyclically Adjusted PB Ratio : 7.07 (As of Jun. 02, 2025)


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What is Applied Industrial Technologies Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Applied Industrial Technologies's current share price is €198.00. Applied Industrial Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €27.99. Applied Industrial Technologies's Cyclically Adjusted PB Ratio for today is 7.07.

The historical rank and industry rank for Applied Industrial Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:AT4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.8   Med: 3.94   Max: 9.34
Current: 7.26

During the past years, Applied Industrial Technologies's highest Cyclically Adjusted PB Ratio was 9.34. The lowest was 1.80. And the median was 3.94.

FRA:AT4's Cyclically Adjusted PB Ratio is ranked worse than
92.31% of 130 companies
in the Industrial Distribution industry
Industry Median: 1.125 vs FRA:AT4: 7.26

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Applied Industrial Technologies's adjusted book value per share data for the three months ended in Mar. 2025 was €44.266. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €27.99 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Applied Industrial Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Applied Industrial Technologies's Cyclically Adjusted PB Ratio 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.

* Premium members only.

Applied Industrial Technologies Cyclically Adjusted PB Ratio Chart

Applied Industrial Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 4.19 3.92 5.46 6.67

Applied Industrial Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.95 6.67 7.52 7.92 7.22

Competitive Comparison of Applied Industrial Technologies's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Applied Industrial Technologies's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Applied Industrial Technologies's Cyclically Adjusted PB Ratio falls into.


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Applied Industrial Technologies Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Applied Industrial Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=198.00/27.99
=7.07

* 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.

Applied Industrial Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Applied Industrial Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=44.266/134.9266*134.9266
=44.266

Current CPI (Mar. 2025) = 134.9266.

Applied Industrial Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201506 16.552 100.684 22.181
201509 16.028 100.392 21.542
201512 16.549 99.792 22.375
201603 15.114 100.470 20.297
201606 14.992 101.688 19.892
201609 15.533 101.861 20.575
201612 16.559 101.863 21.934
201703 16.910 102.862 22.181
201706 16.989 103.349 22.180
201709 16.723 104.136 21.668
201712 17.026 104.011 22.087
201803 16.893 105.290 21.648
201806 18.025 106.317 22.876
201809 19.257 106.507 24.395
201812 20.183 105.998 25.691
201903 20.245 107.251 25.469
201906 20.568 108.070 25.679
201909 21.780 108.329 27.127
201912 22.390 108.420 27.864
202003 19.419 108.902 24.060
202006 19.351 108.767 24.005
202009 19.394 109.815 23.829
202012 18.643 109.897 22.889
202103 20.210 111.754 24.401
202106 20.096 114.631 23.654
202109 21.585 115.734 25.164
202112 23.514 117.630 26.972
202203 25.943 121.301 28.857
202206 28.242 125.017 30.481
202209 31.984 125.227 34.461
202212 31.693 125.222 34.149
202303 33.361 127.348 35.346
202306 34.823 128.729 36.500
202309 37.139 129.860 38.588
202312 38.097 129.419 39.718
202403 39.739 131.776 40.689
202406 40.847 132.554 41.578
202409 41.061 133.029 41.647
202412 44.630 133.157 45.223
202503 44.266 134.927 44.266

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Applied Industrial Technologies  (FRA:AT4) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Applied Industrial Technologies Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Applied Industrial Technologies's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Applied Industrial Technologies Business Description

Traded in Other Exchanges
Address
1 Applied Plaza, Cleveland, OH, USA, 44115
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. The company's reportable segments are; Service Center Based Distribution which derives key revenue, and Engineered Solutions. Geographically, the company derives its key revenue from the United States and the rest from Canada and other countries.

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