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AIT (Applied Industrial Technologies) Cyclically Adjusted PS Ratio : 2.14 (As of May. 25, 2025)


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What is Applied Industrial Technologies Cyclically Adjusted PS Ratio?

As of today (2025-05-25), Applied Industrial Technologies's current share price is $222.81. Applied Industrial Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $104.36. Applied Industrial Technologies's Cyclically Adjusted PS Ratio for today is 2.14.

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: 1.1   Max: 2.73
Current: 2.14

During the past years, Applied Industrial Technologies's highest Cyclically Adjusted PS Ratio was 2.73. The lowest was 0.50. And the median was 1.10.

AIT's Cyclically Adjusted PS Ratio is ranked worse than
81.42% of 113 companies
in the Industrial Distribution industry
Industry Median: 0.52 vs AIT: 2.14

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 Mar. 2025 was $30.034. 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 $104.36 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Applied Industrial Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Applied Industrial Technologies's Cyclically Adjusted PS 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 PS Ratio Chart

Applied Industrial Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.17 1.10 1.54 1.93

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 PS 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 1.99 1.93 2.20 2.34 2.16

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

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's Cyclically Adjusted PS Ratio Distribution in the 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.


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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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=222.81/104.36
=2.14

* 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 Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=30.034/134.9266*134.9266
=30.034

Current CPI (Mar. 2025) = 134.9266.

Applied Industrial Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 16.805 100.684 22.520
201509 16.111 100.392 21.653
201512 15.458 99.792 20.900
201603 16.191 100.470 21.744
201606 16.165 101.688 21.449
201609 15.866 101.861 21.016
201612 15.446 101.863 20.460
201703 17.214 102.862 22.580
201706 17.268 103.349 22.544
201709 17.305 104.136 22.422
201712 17.017 104.011 22.075
201803 21.068 105.290 26.998
201806 22.838 106.317 28.984
201809 21.962 106.507 27.822
201812 21.404 105.998 27.246
201903 22.681 107.251 28.534
201906 22.650 108.070 28.279
201909 21.981 108.329 27.378
201912 21.343 108.420 26.561
202003 21.478 108.902 26.611
202006 18.102 108.767 22.456
202009 19.131 109.815 23.506
202012 19.373 109.897 23.785
202103 21.337 111.754 25.761
202106 22.738 114.631 26.764
202109 22.814 115.734 26.597
202112 22.414 117.630 25.710
202203 25.082 121.301 27.899
202206 27.138 125.017 29.289
202209 27.164 125.227 29.268
202212 27.042 125.222 29.138
202303 28.828 127.348 30.544
202306 29.489 128.729 30.909
202309 27.860 129.860 28.947
202312 27.407 129.419 28.573
202403 29.206 131.776 29.904
202406 29.643 132.554 30.174
202409 28.219 133.029 28.622
202412 27.539 133.157 27.905
202503 30.034 134.927 30.034

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (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

Thank you for viewing the detailed overview of Applied Industrial Technologies's Cyclically Adjusted PS 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.
Executives
Jason W Vasquez officer: VP-Sales & Marketing-USSC ONE APPLIED PLAZA, CLEVELAND OH 44115
Neil A Schrimsher director, officer: President and CEO ONE APPLIED PLAZA, CLEVELAND OH 44115
Mary Dean Hall director 4920 O'HEAR AVENUE, SUITE 400, NORTH CHARLESTON SC 29405
Hoffner Warren E Iii officer: VP-General Mgr, Fluid Power ONE APPLIED PLAZA, CLEVELAND OH 44115
Kurt W. Loring officer: VP-Chief HR Officer ONE APPLIED PLAZA, CLEVELAND OH 44115
Peter C Wallace director C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Jon S Ploetz officer: VP-General Counsel & Secretary ONE APPLIED PLAZA, CLEVELAND OH 44115
Fred D Bauer officer: VP-General Counsel & Secretary ONE APPLIED PLZ, CLEVELAND OH 44115-5056
Vincent K Petrella director
Shelly Marie Chadwick director 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Christopher Macey other: Corporate Controller 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Peter A Dorsman director
Jerry Sue Thornton director C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Madhuri A Andrews director 2525 STEMMONS FRWY, DALLAS TX 75207
Green Edith Kelly director 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118