As of today (2024-04-19), Applied Industrial Technologies's share price is $183.81. Applied Industrial Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.43. Hence, Applied Industrial Technologies's Price to Tangible Book Ratio of today is 9.00.
The historical rank and industry rank for Applied Industrial Technologies's Price-to-Tangible-Book or its related term are showing as below:
AIT'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.47 Med: 7.45 Max: 204.83
Current: 9
During the past 13 years, Applied Industrial Technologies's highest Price to Tangible Book Ratio was 204.83. The lowest was 3.47. And the median was 7.45.
AIT's Price-to-Tangible-Book is ranked worse than 87.31% of 134
companies
in the Industrial Distribution industry
Industry Median: 1.335
vs AIT: 9.00
A closely related ratio is called PB Ratio. As of today, Applied Industrial Technologies's share price is $183.81. Applied Industrial Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $41.55. Hence, Applied Industrial Technologies's P/B Ratio of today is 4.42.
Applied Industrial Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Applied Industrial Technologies's Price-to-Tangible-Book 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 Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
Price-to-Tangible-Book
-
-
37.78
11.03
8.69
Applied Industrial Technologies Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
10.20
9.81
8.69
8.41
8.45
Competitive Comparison
For the Industrial Distribution subindustry, Applied Industrial Technologies's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Applied Industrial Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Applied Industrial Technologies's Price-to-Tangible-Book 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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