As of Apr 26, 2024, the Applied Industrial Technologies stock's price-to-earnings ratio is 18.73. This results from the current EPS of $9.66 and stock price of $180.89. The P/E ratio has increased by 6% from the past four quarters average of 17.7.
The PE ratio of Applied Industrial Technologies has averaged 27.47 over the last ten years. The current PE ratio of 18.73 is 32% 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.
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% |
Currently, AIT's PE ratio is greater than its 3-year historical average, but it is lower than the 5 and 10-year averages.
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 18.73 is below the average of its peers, which is 19.67.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WCC Wesco International Inc | 11.24 | $7.94B |
| DXPE Dxp Enterprises Inc | 12.51 | $823.58M |
| HEES H&E Equipment Services Inc | 12.51 | $2.14B |
| MSM Msc Industrial Direct Co Inc | 16.65 | $5.25B |
| GPC Genuine Parts Co | 17.75 | $22.28B |
| AIT Applied Industrial Technologies Inc | 18.73 | $6.98B |
| GWW Ww Grainger Inc | 25.54 | $45.6B |
| CW Curtiss Wright Corp | 27.43 | $9.71B |
| FAST Fastenal Co | 33.75 | $39.03B |
The price to earnings ratio for AIT stock as of Apr 26, 2024, stands at 18.73.
Over the last 3 years, the average price to earnings ratio for AIT stock is 17.65.
Over the last 5 years, the average price to earnings ratio for AIT stock is 29.26.
The highest quarterly PE ratio in the last ten years has been 108.04 and it was in the Sep 2020 quarter.
AIT's price to earnings ratio is currently 32% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), Applied Industrial Technologies's stock price is $180.89. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $9.66. Therefore, Applied Industrial Technologies's P/E ratio for today is 18.73. PE RATIO(18.73) = STOCK PRICE($180.89) / TTM EPS($9.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.