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U.S. Electronic Equipment and Instruments Industry Analysis

UpdatedAug 20, 2025
DataAggregated Company Financials
Companies101
  • 7D-2.5%
  • 3M10.2%
  • 1Y19.3%
  • YTDn/a

Keysight Technologies is up 1.8%, leading the way for the Electronic Equipment and Instruments industry, which has gained 1.5%. This takes the industry's 12 month performance to a gain of 19%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

Has the U.S. Electronic Equipment and Instruments Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 20 Aug 2025US$158.1bUS$39.8bUS$2.7b23.9x58x4x
Fri, 18 Jul 2025US$157.4bUS$37.7bUS$3.6b26.2x43.3x4.2x
Sun, 15 Jun 2025US$140.4bUS$37.7bUS$3.6b26.3x39x3.7x
Tue, 13 May 2025US$133.4bUS$37.5bUS$3.5b27.4x37.7x3.6x
Thu, 10 Apr 2025US$110.3bUS$37.2bUS$3.5b21.3x31.2x3x
Sat, 08 Mar 2025US$134.1bUS$37.3bUS$3.6b22.8x37.6x3.6x
Mon, 03 Feb 2025US$152.3bUS$37.0bUS$3.4b26.3x45.4x4.1x
Wed, 01 Jan 2025US$143.4bUS$36.9bUS$3.5b26.2x41.4x3.9x
Fri, 29 Nov 2024US$148.3bUS$36.8bUS$3.4b28.3x43.6x4x
Sun, 27 Oct 2024US$135.3bUS$36.7bUS$3.6b28.4x37.5x3.7x
Tue, 24 Sep 2024US$133.0bUS$36.6bUS$3.5b26.6x37.7x3.6x
Thu, 22 Aug 2024US$128.3bUS$36.5bUS$3.7b23.1x35.1x3.5x
Sat, 20 Jul 2024US$132.8bUS$37.7bUS$2.2b27.7x59.8x3.5x
Mon, 17 Jun 2024US$125.3bUS$37.7bUS$2.2b25.6x56x3.3x
Wed, 15 May 2024US$129.8bUS$37.9bUS$2.4b27.7x53.9x3.4x
Fri, 12 Apr 2024US$129.3bUS$37.9bUS$2.3b28.5x57.1x3.4x
Sun, 10 Mar 2024US$130.3bUS$37.9bUS$2.2b27x58.3x3.4x
Tue, 06 Feb 2024US$120.5bUS$38.5bUS$2.3b25.5x51.4x3.1x
Thu, 04 Jan 2024US$129.8bUS$41.6bUS$2.3b25.6x55.7x3.1x
Sat, 02 Dec 2023US$120.9bUS$41.6bUS$2.3b22.8x52.3x2.9x
Mon, 30 Oct 2023US$110.0bUS$42.0bUS$2.4b18.4x45.6x2.6x
Wed, 27 Sep 2023US$119.4bUS$42.0bUS$2.4b19.1x50.2x2.8x
Fri, 25 Aug 2023US$126.1bUS$41.8bUS$2.3b22.3x53.7x3x
Sun, 23 Jul 2023US$136.5bUS$41.5bUS$2.2b24.4x62.2x3.3x
Tue, 20 Jun 2023US$133.2bUS$41.4bUS$2.2b24.8x61.1x3.2x
Thu, 18 May 2023US$127.8bUS$41.4bUS$2.2b23.7x59.1x3.1x
Sat, 15 Apr 2023US$127.0bUS$40.3bUS$2.5b26.2x51.2x3.2x
Mon, 13 Mar 2023US$121.6bUS$39.0bUS$2.3b26.5x53x3.1x
Wed, 08 Feb 2023US$136.7bUS$38.5bUS$2.3b29.7x59.7x3.5x
Fri, 06 Jan 2023US$118.0bUS$38.4bUS$2.2b26.3x53.1x3.1x
Sun, 04 Dec 2022US$128.9bUS$38.4bUS$2.3b27.7x56.9x3.4x
Tue, 01 Nov 2022US$145.4bUS$39.7bUS$2.3b23.3x62.5x3.7x
Thu, 29 Sep 2022US$122.5bUS$39.5bUS$2.5b24.9x49.1x3.1x
Sat, 27 Aug 2022US$134.3bUS$39.7bUS$2.5b26.8x53x3.4x
Price to Earnings Ratio

53x


Total Market Cap: US$134.3bTotal Earnings: US$2.5bTotal Revenue: US$39.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Instruments Industry Price to Earnings3Y Average 50.1x202320242025
Current Industry PE
  • Investors are optimistic on the American Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 57.8x which is higher than its 3-year average PE of 50.1x.
  • The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have grown 2.4% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. Electronic Equipment and Instruments compare with similar industries?

US Market-0.82%
Tech-3.21%
Electronic Equipment and Components-3.27%
Electronic Equipment and Instruments-2.54%
Technology Distributors0.59%
Electronic Components-3.52%
Electronic Manufacturing Services-5.31%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
EVLV Evolv Technologies HoldingsUS$7.885.0%
+US$123.7m		131.6%PS11.2x
PAR PAR TechnologyUS$51.505.0%
+US$99.4m		-3.2%PS5x
VNT VontierUS$42.681.5%
+US$93.9m		24.4%PE15.8x
ZEPP Zepp HealthUS$39.1814.4%
+US$71.0m		1,505.7%PS2.8x
OUST OusterUS$29.904.2%
+US$69.4m		281.4%PS13.7x

Latest News

VNT
US$42.68
Vontier
7D
1.5%
1Y
24.4%
TRMB
US$81.12
Trimble
7D
-3.0%
1Y
44.6%
PAR
US$51.50
PAR Technology
7D
5.0%
1Y
-3.2%

PAR Technology Corporation (NYSE:PAR) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless

Aug 17
PAR Technology Corporation (NYSE:PAR) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless
EVLV
US$7.88
Evolv Technologies Holdings
7D
5.0%
1Y
131.6%

Multi-Year Contracts With Public Schools And Hospitals Will Expand Markets

The analyst price target for Evolv Technologies Holdings has been raised significantly, driven by a Q2 earnings beat, upgraded FY25 revenue guidance, improved business outlook following regulatory clarity and management changes, as well as momentum across key industry verticals, lifting the consensus fair value from $7.19 to $9.50. Analyst Commentary Q2 earnings beat on both revenue and AEBITDA, leading to upgraded financial forecasts for FY25.
OUST
US$29.90
Ouster
7D
4.2%
1Y
281.4%

Lidar And Physical AI Will Transform Industrial Automation Worldwide

With both Net Profit Margin and Discount Rate showing only marginal movement, the fair value estimate for Ouster remains effectively unchanged at $35.00. What's in the News Ouster is expanding its BlueCity traffic management solution in Utah, supported by a five-year contract with UDOT, to over a hundred intersections across multiple cities.
RAL
US$42.84
Ralliant
7D
-3.8%
1Y
n/a
CXT
US$60.55
Crane NXT
7D
0.5%
1Y
6.2%
SMRT
US$1.50
SmartRent
7D
10.3%
1Y
-10.2%

SaaS Transformation And AI Will Secure Future Resilience

Despite stronger expected revenue growth and an improved future P/E valuation, the analyst consensus price target for SmartRent has been revised down from $1.65 to $1.40. What's in the News Frank Martell appointed Chief Executive Officer, bringing 30+ years of executive leadership, expertise in digital innovation, and a strong track record in the real estate and financial sectors.
ARLO
US$16.78
Arlo Technologies
7D
-7.5%
1Y
38.4%

Home Security Adoption And ADT Partnership Will Expand Ecosystem

Arlo Technologies’ future P/E has more than doubled while its net profit margin has sharply contracted, suggesting that analysts now expect significantly higher growth or valuation multiples despite weaker profitability, leading to an increased consensus price target of $21.40 (up from $19.00). What's in the News Issued earnings guidance for Q3 2025 with expected revenue of $133 million–$143 million and net income per diluted share of $0.04–$0.10.
ZEPP
US$39.18
Zepp Health
7D
14.4%
1Y
1,505.7%

Zepp Health: Understanding The Fall To The Future Rise

Aug 08
MIR
US$19.79
Mirion Technologies
7D
-11.2%
1Y
84.3%
VPG
US$27.82
Vishay Precision Group
7D
2.7%
1Y
1.1%

Industry 40 And Robotics Will Unlock Future Opportunities

With no new analyst reasoning provided, both the Discount Rate and Future P/E for Vishay Precision Group remained steady, resulting in no change to the consensus analyst price target, which held at $33.50. What's in the News Vishay Precision Group expects third quarter 2025 net revenues between $73 million and $81 million, assuming constant Q2 2025 foreign currency exchange rates.
AEIS
US$150.41
Advanced Energy Industries
7D
-5.3%
1Y
40.7%

AI Driven Data Centers And Semiconductors Will Spur Future Progress

With analyst reasoning not provided and all key metrics—including price target, discount rate, and revenue growth forecasts—essentially unchanged, the consensus fair value for Advanced Energy Industries remains steady at $140.30. What's in the News Issued Q3 2025 guidance: revenue expected at $440 million +/- $20 million, GAAP EPS from continuing operations at $0.82 +/- $0.25.
ZBRA
US$312.06
Zebra Technologies
7D
-4.9%
1Y
-9.5%
TDY
US$543.15
Teledyne Technologies
7D
-1.7%
1Y
30.7%
KEYS
US$163.48
Keysight Technologies
7D
-2.2%
1Y
18.0%