Applied Industrial Technologies - Stock

Applied Industrial Technologies P/S 2024

Applied Industrial Technologies P/S

1.61

Ticker

AIT

ISIN

US03820C1053

WKN

861210

As of Jun 18, 2024, Applied Industrial Technologies's P/S ratio stood at 1.61, a 46.36% change from the 1.1 P/S ratio recorded in the previous year.

The Applied Industrial Technologies P/S 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/S Details

Decoding Applied Industrial Technologies's P/S Ratio

Applied Industrial Technologies's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Applied Industrial Technologies's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Applied Industrial Technologies's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Applied Industrial Technologies’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

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 1.61.

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 46.36% 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.

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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.