This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Applied Industrial Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $113.584. Applied Industrial Technologies's 10-Year median PS Ratio is 0.8979. Therefore, the Median PS Value for today is $101.99.
As of today (2024-04-19), Applied Industrial Technologies's share price is $183.45. Applied Industrial Technologies's Median PS Value is $101.99. Therefore, Applied Industrial Technologies's Price to Median PS Value for today is 1.80.
The historical rank and industry rank for Applied Industrial Technologies's Median PS Value or its related term are showing as below:
AIT'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.72 Med: 1.26 Max: 1.82
Current: 1.8
During the past 13 years, the highest Price to Median PS Value of Applied Industrial Technologies was 1.82. The lowest was 0.72. And the median was 1.26.
AIT's Price-to-Median-PS-Value is ranked worse than 90.09% of 111
companies
in the Industrial Distribution industry
Industry Median: 0.99
vs AIT: 1.80
Applied Industrial Technologies Median PS Value Historical Data
The historical data trend for Applied Industrial Technologies's Median PS Value 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.
For the Industrial Distribution subindustry, Applied Industrial Technologies's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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-Median-PS-Value Distribution
For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Applied Industrial Technologies's Price-to-Median-PS-Value falls into.
Applied Industrial Technologies Median PS Value Calculation
Applied Industrial Technologies's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.8979.
Applied Industrial Technologies's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $113.584.
* 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.
Applied Industrial Technologies (NYSE:AIT) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Applied Industrial Technologies's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
183.45
/
101.99
=
1.80
* 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.
Applied Industrial Technologies Median PS Value Related Terms
Thank you for viewing the detailed overview of Applied Industrial Technologies's Median PS Value 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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