Back to AIT overview

AIT Applied Industrial Technologies PE ratio, current and historical analysis

As of Feb 23, 2024, the Applied Industrial Technologies stock's price-to-earnings ratio is 19.5. This results from the current EPS of $9.67 and stock price of $188.59. The P/E ratio has increased by 17% from the past four quarters average of 16.7.

AIT PE ratio history

How has AIT's PE ratio performed in the past

The PE ratio of Applied Industrial Technologies has averaged 27.39 over the last ten years. The current PE ratio of 19.5 is 29% below the historical average. In the past ten years, AIT's PE ratio was at its highest in the Sep 2020 quarter at 108.04, when the stock price was $55.1 and the EPS was $0.51. The lowest value was in the Dec 2018 quarter, when it reached 12.69 with a price of $53.94 and an EPS of $4.25.

Average
27.39
Median
17.65
Minimum
12.69
Maximum
108.04

Applied Industrial Technologies PE ratio by year

Maximum annual increase: 508.4% in 2020

Maximum annual decrease: -75.74% in 2021

Year PE ratio Change
2023 16.13 12.17%
2022 14.38 -41.09%
2021 24.41 -75.74%
2020 100.63 508.4%
2019 16.54 -13.94%
2018 19.22 11.61%
2017 17.22 -71.39%
2016 60.19 328.09%
2015 14.06 -25.45%
2014 18.86 9.65%

AIT average PE ratio chart

What is the average PE ratio of AIT for the past years

Currently, AIT's PE ratio is greater than its 3-year historical average, but it is lower than the 5 and 10-year averages.

3-year avg
18.5
5-year avg
29.03
10-year avg
27.39
15-year avg
24.34

AIT PE vs peers

What is AIT's PE ratio compared to its peers

AIT's PE ratio is lower than its peer stocks GWW and FAST, but it is greater than GPC's and WCC's. Applied Industrial Technologies's current PE ratio of 19.5 is above the average of its peers, which is 19.11.

Stock name PE ratio Market cap
DXPE Dxp Enterprises Inc 10.06 $566.17M
WCC Wesco International Inc 10.5 $7.41B
HEES H&E Equipment Services Inc 11.64 $1.99B
GPC Genuine Parts Co 15.75 $20.62B
MSM Msc Industrial Direct Co Inc 17.03 $5.69B
AIT Applied Industrial Technologies Inc 19.5 $7.29B
CW Curtiss Wright Corp 25.81 $9.13B
GWW Ww Grainger Inc 26.35 $47.15B
FAST Fastenal Co 35.73 $41.3B
KAMN KAMAN Corp 162.5 $1.29B

Frequently asked questions

What is Applied Industrial Technologies's PE ratio?

The price to earnings ratio for AIT stock as of Feb 23, 2024, stands at 19.5.

What is the 3-year average PE ratio for Applied Industrial Technologies (AIT)?

Over the last 3 years, the average price to earnings ratio for AIT stock is 18.5.

What is the 5-year average PE ratio for Applied Industrial Technologies (AIT)?

Over the last 5 years, the average price to earnings ratio for AIT stock is 29.03.

What is the highest PE ratio for AIT?

The highest quarterly PE ratio in the last ten years has been 108.04 and it was in the Sep 2020 quarter.

How does the current PE ratio for AIT compare to its historical average?

AIT's price to earnings ratio is currently 29% below its 10-year historical average.

How is AIT's PE ratio calculated (Applied Industrial Technologies PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 23, 2024), Applied Industrial Technologies's stock price is $188.59. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $9.67. Therefore, Applied Industrial Technologies's P/E ratio for today is 19.5. PE RATIO(19.5) = STOCK PRICE($188.59) / TTM EPS($9.67)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.