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Applied Industrial Technologies Inc
NYSE:AIT

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Applied Industrial Technologies Inc Logo
Applied Industrial Technologies Inc
NYSE:AIT
Watchlist
Price: 197.55 USD -0.17%
Updated: Mar 29, 2024

P/E
Price to Earnings

20.4
Current
17.1
Median
14
Industry
Higher than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
20.4
=
Market Cap
7.6B
/
Net Income
374.4m
All Countries
Close

P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
20.3
2-Years Forward
P/E
19.4
3-Years Forward
P/E
18.1

See Also

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