RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Applied Industrial Technologies - Stock

Applied Industrial Technologies P/E 2024

Applied Industrial Technologies P/E

19.35

Ticker

AIT

ISIN

US03820C1053

WKN

861210

As of Jun 18, 2024, Applied Industrial Technologies's P/E ratio was 19.35, a 38.12% change from the 14.01 P/E ratio recorded in the previous year.

The Applied Industrial Technologies P/E history

Applied Industrial Technologies Aktienanalyse

What does Applied Industrial Technologies do?

Applied Industrial Technologies Inc is a leading company specializing in the provision of industrial technologies and services. The company was founded in 1923 in Cleveland, Ohio, and has since grown continuously. It currently has over 600 branches in North America, Europe, and Asia. The business model of Applied Industrial Technologies Inc is to offer components, services, and technical solutions to a wide range of customers in various industries. The company is divided into three main areas: Service Centers, Fluid Power, and Specialty Flow Control. The Service Centers offer a wide range of industrial components from leading manufacturers, including ball bearings, drive belts, hydraulic and pneumatic components, electric motors, bearing units, and much more. Additionally, the company also provides technical consultation, solutions, and services to meet its customers' needs. The Fluid Power division of Applied Industrial Technologies Inc specializes in hydraulic and pneumatic components and systems. Here, the company offers customized systems and solutions to its customers, including hydraulic and pneumatic cylinders, valves, pumps, motors, and much more. It also produces specialty components used in a variety of industries, such as automotive manufacturing, agriculture, construction, and mining. The third area, Specialty Flow Control, provides specialized solutions for demanding applications and custom-designed systems. It includes products such as seals, damping elements, lubrication and sealing products, and much more. These are used in a variety of industries, including aerospace, semiconductor, energy, and more. Applied Industrial Technologies Inc is one of the largest industrial parts suppliers in North America. Its business model consists of a wide range of products and a strong network of service centers, ensuring fast and efficient delivery. The high quality of its products and extensive customer service have led to high customer loyalty and a good reputation for the company. The company is also committed to delivering innovative solutions and technologies to its customers. This is reflected in its investment in research and development. Applied Industrial Technologies Inc continuously invests in new technologies to provide its customers with the best possible solutions. Overall, the success formula of Applied Industrial Technologies Inc lies in providing premier products and services combined with a dedicated and experienced team of employees. The company has an impressive growth story in its nearly hundred-year history and is expanding its international footprint. Applied Industrial Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Applied Industrial Technologies's P/E Ratio

The Price to Earnings (P/E) Ratio of Applied Industrial Technologies is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Applied Industrial Technologies's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Applied Industrial Technologies is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Applied Industrial Technologies’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Applied Industrial Technologies Stock

What is the price-to-earnings ratio of Applied Industrial Technologies?

The price-earnings ratio of Applied Industrial Technologies is currently 19.35.

How has the price-earnings ratio of Applied Industrial Technologies changed compared to last year?

The price-to-earnings ratio of Applied Industrial Technologies has increased by 38.12% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Applied Industrial Technologies high compared to other companies?

Yes, the price-to-earnings ratio of Applied Industrial Technologies is high compared to other companies.

How does an increase in the price-earnings ratio of Applied Industrial Technologies affect the company?

An increase in the price-earnings ratio of Applied Industrial Technologies would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Applied Industrial Technologies affect the company?

A decrease in the price-earnings ratio of Applied Industrial Technologies would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Applied Industrial Technologies?

Some factors that influence the price-earnings ratio of Applied Industrial Technologies are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Applied Industrial Technologies pay?

Over the past 12 months, Applied Industrial Technologies paid a dividend of 1.4 USD . This corresponds to a dividend yield of about 0.76 %. For the coming 12 months, Applied Industrial Technologies is expected to pay a dividend of 1.55 USD.

What is the dividend yield of Applied Industrial Technologies?

The current dividend yield of Applied Industrial Technologies is 0.76 %.

When does Applied Industrial Technologies pay dividends?

Applied Industrial Technologies pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Applied Industrial Technologies?

Applied Industrial Technologies paid dividends every year for the past 23 years.

What is the dividend of Applied Industrial Technologies?

For the upcoming 12 months, dividends amounting to 1.55 USD are expected. This corresponds to a dividend yield of 0.84 %.

In which sector is Applied Industrial Technologies located?

Applied Industrial Technologies is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Applied Industrial Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Applied Industrial Technologies from 5/31/2024 amounting to 0.37 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Applied Industrial Technologies pay the last dividend?

The last dividend was paid out on 5/31/2024.

What was the dividend of Applied Industrial Technologies in the year 2023?

In the year 2023, Applied Industrial Technologies distributed 1.36 USD as dividends.

In which currency does Applied Industrial Technologies pay out the dividend?

The dividends of Applied Industrial Technologies are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Applied Industrial Technologies

Our stock analysis for Applied Industrial Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Applied Industrial Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.