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U.S. Tech Hardware Industry Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies45
- 7D-2.7%
- 3M-2.6%
- 1Y20.3%
- YTD-5.3%
Over the last 7 days, the Tech Hardware industry has dropped 2.7%, driven by Apple declining 2.9%. On the other hand Seagate Technology Holdings is actually up 9.9%. In the past year, the industry has gained 20%. As for the next few years, earnings are expected to grow by 11% per annum.
Industry Valuation and Performance
Has the U.S. Tech Hardware Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | US$3.6t | US$473.9b | US$97.2b | 23.8x | 37x | 7.6x |
| Wed, 18 Dec 2024 | US$3.9t | US$473.9b | US$97.2b | 26.8x | 40.4x | 8.3x |
| Fri, 15 Nov 2024 | US$3.5t | US$472.6b | US$96.4b | 22.3x | 36.5x | 7.4x |
| Sun, 13 Oct 2024 | US$3.6t | US$466.0b | US$106.7b | 20.1x | 33.6x | 7.7x |
| Tue, 10 Sep 2024 | US$3.5t | US$466.0b | US$106.7b | 20.7x | 32.5x | 7.5x |
| Thu, 08 Aug 2024 | US$3.3t | US$465.1b | US$106.0b | 23.9x | 31.3x | 7.1x |
| Sat, 06 Jul 2024 | US$3.6t | US$457.1b | US$103.3b | 26.9x | 34.4x | 7.8x |
| Mon, 03 Jun 2024 | US$3.1t | US$456.8b | US$103.3b | 28.6x | 30x | 6.8x |
| Wed, 01 May 2024 | US$2.8t | US$458.2b | US$103.4b | 24.3x | 26.8x | 6x |
| Fri, 29 Mar 2024 | US$2.8t | US$457.8b | US$102.9b | 24.6x | 27.3x | 6.1x |
| Sun, 25 Feb 2024 | US$2.9t | US$458.7b | US$102.6b | 27.9x | 28.7x | 6.4x |
| Tue, 23 Jan 2024 | US$3.1t | US$454.7b | US$98.6b | 28.6x | 31.5x | 6.8x |
| Thu, 21 Dec 2023 | US$3.2t | US$455.3b | US$98.5b | 27.5x | 32.1x | 7x |
| Sat, 18 Nov 2023 | US$3.0t | US$456.1b | US$98.1b | 22x | 31x | 6.7x |
| Mon, 16 Oct 2023 | US$2.9t | US$453.8b | US$95.1b | 23.6x | 30.4x | 6.4x |
| Wed, 13 Sep 2023 | US$2.9t | US$453.9b | US$95.1b | 22.1x | 30.5x | 6.4x |
| Fri, 11 Aug 2023 | US$2.9t | US$454.0b | US$95.2b | 26x | 30.2x | 6.3x |
| Sun, 09 Jul 2023 | US$3.1t | US$456.4b | US$95.7b | 31.8x | 32.3x | 6.8x |
| Tue, 06 Jun 2023 | US$2.9t | US$456.4b | US$95.7b | 29.9x | 30.6x | 6.4x |
| Thu, 04 May 2023 | US$2.7t | US$460.5b | US$97.2b | 21.1x | 28x | 5.9x |
| Sat, 01 Apr 2023 | US$2.7t | US$460.6b | US$97.1b | 25x | 27.6x | 5.8x |
| Mon, 27 Feb 2023 | US$2.4t | US$460.0b | US$97.2b | 24.4x | 24.6x | 5.2x |
| Wed, 25 Jan 2023 | US$2.3t | US$467.8b | US$102.0b | 23.2x | 22.8x | 5x |
| Fri, 23 Dec 2022 | US$2.2t | US$467.8b | US$102.0b | 22.1x | 21.3x | 4.6x |
| Sun, 20 Nov 2022 | US$2.5t | US$467.0b | US$104.4b | 17.4x | 23.8x | 5.3x |
| Tue, 18 Oct 2022 | US$2.3t | US$460.8b | US$105.2b | 14.3x | 21.7x | 5x |
| Thu, 15 Sep 2022 | US$2.6t | US$461.5b | US$105.4b | 16.1x | 24.4x | 5.6x |
| Sat, 13 Aug 2022 | US$2.8t | US$461.1b | US$105.3b | 13.4x | 27x | 6.2x |
| Mon, 11 Jul 2022 | US$2.5t | US$459.6b | US$108.1b | 14.6x | 22.7x | 5.3x |
| Wed, 08 Jun 2022 | US$2.5t | US$459.6b | US$108.1b | 16.4x | 23x | 5.4x |
| Fri, 06 May 2022 | US$2.6t | US$459.3b | US$108.2b | 14.5x | 24.2x | 5.7x |
| Sun, 03 Apr 2022 | US$2.9t | US$450.9b | US$106.9b | 15.6x | 27.4x | 6.5x |
| Tue, 01 Mar 2022 | US$2.8t | US$450.3b | US$106.6b | 13.6x | 26x | 6.2x |
| Thu, 27 Jan 2022 | US$2.8t | US$552.7b | US$108.5b | 11.5x | 25.5x | 5x |
Price to Earnings Ratio
25.5x
Current Industry PE
- Investors are optimistic on the American Tech industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.0x which is higher than its 3-year average PE of 28.6x.
- The 3-year average PS ratio of 6.3x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
- The earnings for companies in the Tech industry have declined 3.6% per year over the last three years,
- Revenues have also declined 5.0% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the U.S. Tech industry?
| US Market | 3.25% | |
| Tech | 1.98% | |
| Tech Hardware | -2.67% | |
| Tech Hardware Storage and Peripherals | -2.67% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| STX Seagate Technology Holdings | US$97.67 | 9.8% +US$1.8b | 12.1% | PE25.1x | |
| HPE Hewlett Packard Enterprise | US$23.14 | 5.3% +US$1.5b | 49.3% | PE11.9x | |
| NTAP NetApp | US$122.09 | 6.2% +US$1.5b | 37.8% | PE21.6x | |
| IONQ IonQ | US$38.89 | 20.3% +US$1.4b | 258.4% | PS224.6x | |
| PSTG Pure Storage | US$66.30 | 5.9% +US$1.2b | 61.0% | PE166.7x |
