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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 20, 2024
DataAggregated Company Financials
Companies47
  • 7D-2.9%
  • 3M34.9%
  • 1Y18.2%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has dropped 2.9%, driven by Apple declining 2.7%. In the past year, the industry has gained 18%. As for the next few years, earnings are expected to grow by 7.7% per annum.

Industry Valuation and Performance

Has the U.S. Tech Hardware Storage and Peripherals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 20 Jul 2024US$3.6tUS$457.1bUS$103.3b26.3x34.7x7.8x
Mon, 17 Jun 2024US$3.4tUS$457.1bUS$103.2b26.3x33.1x7.5x
Wed, 15 May 2024US$3.0tUS$456.7bUS$103.2b27.8x29x6.6x
Fri, 12 Apr 2024US$2.7tUS$457.8bUS$102.9b24.9x26.6x6x
Sun, 10 Mar 2024US$2.8tUS$457.8bUS$102.7b26.1x27.2x6.1x
Tue, 06 Feb 2024US$3.0tUS$458.7bUS$102.6b28.7x29.4x6.6x
Thu, 04 Jan 2024US$3.0tUS$454.7bUS$98.6b25.7x30x6.5x
Sat, 02 Dec 2023US$3.0tUS$455.3bUS$98.5b27.2x31x6.7x
Mon, 30 Oct 2023US$2.7tUS$453.7bUS$95.6b19x28.4x6x
Wed, 27 Sep 2023US$2.8tUS$453.9bUS$95.1b20.6x29.2x6.1x
Fri, 25 Aug 2023US$2.8tUS$453.8bUS$95.2b25.3x29.9x6.3x
Sun, 23 Jul 2023US$3.1tUS$456.4bUS$95.7b32x32.5x6.8x
Tue, 20 Jun 2023US$3.0tUS$456.4bUS$95.7b30.8x31.3x6.6x
Thu, 18 May 2023US$2.8tUS$456.4bUS$95.7b25.2x29.1x6.1x
Sat, 15 Apr 2023US$2.7tUS$460.6bUS$97.1b25.8x27.7x5.8x
Mon, 13 Mar 2023US$2.4tUS$460.6bUS$97.0b24.7x24.9x5.3x
Wed, 08 Feb 2023US$2.5tUS$460.1bUS$97.3b25.7x25.9x5.5x
Fri, 06 Jan 2023US$2.1tUS$467.8bUS$102.0b22.2x20.2x4.4x
Sun, 04 Dec 2022US$2.4tUS$467.8bUS$102.0b23.6x23.8x5.2x
Tue, 01 Nov 2022US$2.5tUS$466.3bUS$104.3b18.7x24.1x5.4x
Thu, 29 Sep 2022US$2.5tUS$461.4bUS$105.4b14.6x23.5x5.4x
Sat, 27 Aug 2022US$2.7tUS$461.2bUS$105.4b16.3x25.7x5.9x
Mon, 25 Jul 2022US$2.6tUS$459.6bUS$108.1b15.3x23.8x5.6x
Wed, 22 Jun 2022US$2.3tUS$459.6bUS$108.1b14.6x21x4.9x
Fri, 20 May 2022US$2.4tUS$459.1bUS$108.1b15x21.8x5.1x
Sun, 17 Apr 2022US$2.8tUS$450.9bUS$107.0b15.2x25.9x6.2x
Tue, 15 Mar 2022US$2.5tUS$450.9bUS$107.2b13.3x23.7x5.6x
Thu, 10 Feb 2022US$3.0tUS$554.9bUS$113.2b12.2x26.7x5.4x
Sat, 08 Jan 2022US$3.0tUS$552.8bUS$109.2b12.9x27.3x5.4x
Mon, 06 Dec 2021US$2.8tUS$552.8bUS$109.2b12.6x25.9x5.1x
Wed, 03 Nov 2021US$2.6tUS$547.1bUS$102.6b14.8x25.6x4.8x
Fri, 01 Oct 2021US$2.6tUS$526.6bUS$93.7b19.6x27.3x4.9x
Sun, 29 Aug 2021US$2.7tUS$526.7bUS$93.7b19.7x28.4x5x
Price to Earnings Ratio

27.8x


Total Market Cap: US$2.6tTotal Earnings: US$93.7bTotal Revenue: US$526.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 27.3x202220232024
Current Industry PE
  • Investors are optimistic on the American Technology Hardware, Storage and Peripherals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.8x which is higher than its 3-year average PE of 27.3x.
  • The 3-year average PS ratio of 5.8x is lower than the industry's current PS ratio of 7.9x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 3.3% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.6% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does U.S. Tech Hardware Storage and Peripherals compare with similar industries?

US Market-1.85%
Tech-4.98%
Tech Hardware-2.95%
Tech Hardware Storage and Peripherals-2.95%
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
HPQ HPUS$37.151.1%
+US$411.0m
15.2%PE12.2x
XRX Xerox HoldingsUS$11.8811.1%
+US$147.8m
-22.9%PS0.2x
DBD Diebold NixdorfUS$42.323.8%
+US$58.6m
n/aPE1.1x
IMMR ImmersionUS$12.1413.2%
+US$45.2m
74.7%PE8.7x
CAN CanaanUS$1.2113.1%
+US$40.1m
-58.6%PS1.8x
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Latest News

NTAP

US$126.22

NetApp

7D

-3.0%

1Y

58.7%

HPQ

US$37.15

HP

7D

1.1%

1Y

15.2%

DBD

US$42.32

Diebold Nixdorf

7D

3.8%

1Y

n/a

PSTG

US$59.10

Pure Storage

7D

-9.4%

1Y

59.4%

WDC

US$69.82

Western Digital

7D

-11.4%

1Y

82.3%