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Applied Industrial TechnologiesAIT +1.21%90 Cyclically Adjusted PS Ratio is 3.17 as of Aug. 15, 2026, which is 162% above its 10-year median of 1.21. GuruFocus rates AIT with a GF Score™ of 90/100 and a GF Value™ of $269.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 127 Industrial Distribution companies, Applied Industrial Technologies ranks worse than 89.76% on this metric.
The historical rank and industry rank for Applied Industrial Technologies's Cyclically Adjusted PS Ratio or its related term are showing as below:
AIT'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5 Med: 1.21 Max: 3.17
Current: 3.17
During the past years, Applied Industrial Technologies's highest Cyclically Adjusted PS Ratio was 3.17. The lowest was 0.50. And the median was 1.21.
AIT's Cyclically Adjusted PS Ratio is ranked worse than 89.76% of 127
companies
in the Industrial Distribution industry
Industry Median: 0.53
vs AIT: 3.17
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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Applied Industrial Technologies's adjusted revenue per share data for the three months ended in Jun. 2026 was $36.147. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $114.31 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Applied Industrial Technologies (NYSE:AIT) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.
Applied Industrial Technologies Cyclically Adjusted PS Ratio Related Terms
Applied Industrial Technologies Cyclically Adjusted PS 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.
Applied Industrial Technologies Cyclically Adjusted PS Ratio Chart
AIT vs QXO, WSO, WCC: Cyclically Adjusted PS Ratio Comparison
For the Industrial Distribution subindustry, Applied Industrial Technologies's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's Cyclically Adjusted PS Ratio falls into.
Applied Industrial Technologies Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 3.17 mean?
Applied Industrial Technologies (AIT) has a Cyclically Adjusted PS Ratio of 3.17 as of Aug. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Applied Industrial Technologies and its competitors. This is 162% above median its historical median of 1.21. Over the past decade, Applied Industrial Technologies' Cyclically Adjusted PS Ratio has ranged from 0.50 to 3.17. According to the industry distribution chart, Applied Industrial Technologies ranks #114 out of 127 companies in the Industrial Distribution industry, placing it in the top 89.8%.
Is Applied Industrial Technologies' Cyclically Adjusted PS Ratio too high?
Applied Industrial Technologies' current Cyclically Adjusted PS Ratio of 3.17 is 162% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 3.17. The Industrial Distribution industry median Cyclically Adjusted PS Ratio is 0.53. Applied Industrial Technologies' value of 3.17 is 498.1% above this industry median. Based on the distribution chart, Applied Industrial Technologies ranks #114 out of 127 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Applied Industrial Technologies has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Industrial Technologies' Cyclically Adjusted PS Ratio compare to QXO and WSO?
According to the Industrial Distribution industry distribution chart, Applied Industrial Technologies ranks #114 out of 127 companies for Cyclically Adjusted PS Ratio. This places Applied Industrial Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.53. Applied Industrial Technologies' value of 3.17 is 498.1% above this benchmark. Historically, Applied Industrial Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.50 to 3.17 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.53, Applied Industrial Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Industrial Distribution company?
The median Cyclically Adjusted PS Ratio among Industrial Distribution companies is 0.53, based on 127 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Applied Industrial Technologies's current Cyclically Adjusted PS Ratio of 3.17 is 498.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Applied Industrial Technologies and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PS Ratio is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Industrial Technologies's current Cyclically Adjusted PS Ratio is 3.17, which is 162% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Industrial Technologies stock overvalued right now?
Based on GuruFocus' analysis, Applied Industrial Technologies (AIT) is currently considered Significantly Overvalued. The stock's GF Value™ is $269.00, compared to a current price of $361.95 — trading 34.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.17, which is 162% above median its 10-year median of 1.21 and 498.1% above the Industrial Distribution industry median of 0.53. Applied Industrial Technologies' overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Applied Industrial Technologies (AIT), the current Cyclically Adjusted PS Ratio is 3.17 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Applied Industrial Technologies (AIT) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Industrial Technologies stock appears to be overvalued.
The current stock price of $361.95 is trading 34.6% above its estimated GF Value™ of $269.00.
GuruFocus considers Applied Industrial Technologies to be Significantly Overvalued.
Key valuation signals for AIT:
Cyclically Adjusted PS Ratio: 3.17 (162% above median its 10-year median of 1.21)
GF Value™: $269.00 vs. price of $361.95 (34.6% above fair value)
Industry Position: 498.1% above the Industrial Distribution median (#114 of 127)
No single metric tells the full story. See the AIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
90GF Score
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