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

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 39.1x which is higher than its 3-year average PE of 33.6x. The 3-year average PS ratio of 7.2x is lower than the industry's current PS ratio of 9.2x.

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

There are no additional sub-industries under this industry.

U.S. Tech Hardware Storage and Peripherals Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 23 Jun 2026	US$5.4t	US$587.7b	US$138.0b	43.6x	39.1x	9.2x
Thu, 21 May 2026	US$5.1t	US$584.2b	US$136.5b	41x	37.1x	8.7x
Sat, 18 Apr 2026	US$4.4t	US$556.1b	US$122.6b	32x	35.7x	7.9x
Mon, 16 Mar 2026	US$4.1t	US$556.1b	US$122.6b	23.4x	33.1x	7.3x
Wed, 11 Feb 2026	US$4.4t	US$552.8b	US$121.6b	28.5x	36.5x	8x
Fri, 09 Jan 2026	US$4.1t	US$514.0b	US$111.8b	24.7x	36.6x	8x
Sun, 07 Dec 2025	US$4.3t	US$514.1b	US$111.9b	26.1x	38.8x	8.4x
Tue, 04 Nov 2025	US$4.2t	US$513.2b	US$114.5b	24.6x	36.8x	8.2x
Thu, 02 Oct 2025	US$4.0t	US$504.4b	US$100.3b	29x	39.7x	7.9x
Sat, 30 Aug 2025	US$3.6t	US$502.9b	US$100.5b	21.6x	36x	7.2x
Mon, 28 Jul 2025	US$3.3t	US$500.2b	US$98.6b	19.8x	34x	6.7x
Wed, 25 Jun 2025	US$3.1t	US$500.2b	US$98.5b	18.3x	31.7x	6.3x
Fri, 23 May 2025	US$3.1t	US$499.7b	US$99.9b	16.4x	31.4x	6.3x
Sun, 20 Apr 2025	US$3.1t	US$494.0b	US$101.2b	11.7x	30.2x	6.2x
Tue, 18 Mar 2025	US$3.3t	US$494.1b	US$101.2b	16.7x	32.8x	6.7x
Thu, 13 Feb 2025	US$3.6t	US$479.7b	US$100.5b	20.8x	36.1x	7.6x
Sat, 11 Jan 2025	US$3.8t	US$473.9b	US$97.2b	23.2x	39.1x	8x
Mon, 09 Dec 2024	US$3.8t	US$473.9b	US$97.2b	23.2x	39.3x	8x
Wed, 06 Nov 2024	US$3.5t	US$472.6b	US$98.6b	14.9x	35.2x	7.3x
Fri, 04 Oct 2024	US$3.6t	US$466.0b	US$106.7b	17.9x	33.3x	7.6x
Sun, 01 Sep 2024	US$3.6t	US$465.4b	US$106.6b	21.7x	33.8x	7.7x
Tue, 30 Jul 2024	US$3.5t	US$456.9b	US$103.3b	26.1x	33.7x	7.6x
Thu, 27 Jun 2024	US$3.4t	US$457.1b	US$103.3b	26.8x	32.6x	7.4x
Sat, 25 May 2024	US$3.0t	US$456.7b	US$103.3b	28.1x	29.2x	6.6x
Mon, 22 Apr 2024	US$2.7t	US$457.8b	US$102.9b	23.4x	26x	5.8x
Wed, 20 Mar 2024	US$2.9t	US$457.8b	US$102.8b	26.9x	27.9x	6.3x
Fri, 16 Feb 2024	US$3.0t	US$458.7b	US$102.6b	28.1x	29.1x	6.5x
Sun, 14 Jan 2024	US$3.0t	US$454.7b	US$98.6b	27.7x	30.2x	6.5x
Tue, 12 Dec 2023	US$3.1t	US$455.3b	US$98.5b	26.7x	31.5x	6.8x
Thu, 09 Nov 2023	US$2.9t	US$452.4b	US$97.0b	18.7x	30x	6.4x
Sat, 07 Oct 2023	US$2.9t	US$453.8b	US$95.1b	23.9x	30.1x	6.3x
Mon, 04 Sep 2023	US$3.1t	US$453.9b	US$95.1b	23.3x	32.1x	6.7x
Wed, 02 Aug 2023	US$3.2t	US$454.6b	US$94.7b	32.8x	33.7x	7x
Fri, 30 Jun 2023	US$3.1t	US$456.4b	US$95.7b	31.6x	32.1x	6.7x


US Market	1.40%
Tech	3.29%
Tech Hardware	4.45%
Tech Hardware Storage and Peripherals	4.45%

Company	Last Price	7D	1Y	Valuation
WDC Western Digital	US$732.62	12.1% +US$27.3b	1,113.3%	PE39.8x
SNDK Sandisk	US$2.27k	7.9% +US$24.6b	4,742.9%	PE74.7x
STX Seagate Technology Holdings	US$1.09k	7.4% +US$17.0b	722.1%	PE104.1x
AAPL Apple	US$297.01	0.2% +US$8.7b	47.4%	PE35.6x
DELL Dell Technologies	US$418.71	2.4% +US$5.4b	254.8%	PE32.2x

Announcement • Jun 20

Xiao-I Corporation Provides Update on First-Instance Rulings in Patent Litigation Against Apple

Xiao-I Corporation provided a material update on the patent-related litigation between its variable interest entity, Shanghai Xiao-I Intelligent Network Technology Co. Ltd., and Apple Inc. and its affiliated entities before the Shanghai High People's Court. On June 10, 2026, the Shanghai High People's Court issued first-instance judgments on two parallel cases: Invention Patent Infringement action (Case No. (2020) Hu Zhi Min Chu No. 7): The court dismissed all litigation claims filed by Shanghai Xiao-I, in which the Company alleged that Apple's Siri technology infringed Shanghai Xiao-I's invention patent titled "A Chat Robot System" (Patent No. 200410053749.9). Confirmation of non-patent-infringement action (Case No. (2022) Hu Zhi Min Chu No. 3): The court ruled that the specified iPhone models equipped with Siri do not fall within the protection scope of the subject patent. The court also rejected Apple's claim for RMB 2 million in compensation for reasonable litigation expenses, including attorney fees, translation fees and notarization fees. As previously disclosed on March 31, 2026, the Supreme People's Court of the People's Republic of China issued a final and binding second-instance ruling upholding the validity of the subject patent and rejecting Apple's application to have the subject patent declared invalid. The validity of the patent remains final and non-appealable. The Supreme People's Court's prior ruling addressed only the validity of the patent. The present proceedings concern whether Apple's Siri products fall within the scope of the patent claims and therefore constitute infringement. The Company is disappointed with the first-instance rulings on infringement findings. The Company respectfully disagrees with the factual and legal findings reflected in the first-instance judgments and believes substantial grounds exist for appeal. The Company intends to formally lodge appeals with the Supreme People's Court within the statutory time limit. The Company will vigorously assert its legitimate intellectual property rights and interests in accordance with applicable laws. While Xiao-I remains confident in the merits of its case, there can be no assurance as to the ultimate outcome of the appellate proceedings. There is no guarantee that the Company will be awarded any financial compensation or obtain a favorable ruling on appeal. Investors are strongly encouraged to conduct their own due diligence and review all relevant information before making investment decisions. Xiao-I will keep shareholders and the public informed of any material further developments in a timely manner.

Announcement • Jun 17

Hewlett Packard Enterprise Announces Expanded Capabilities Across GreenLake To Deliver Unified Operations For The Agentic Enterprise

Hewlett Packard Enterprise announced expanded capabilities across GreenLake to deliver unified operations for the agentic enterprise through innovations across agentic AIOps, private cloud, and software for AI infrastructure. GreenLake Intelligence provides an agentic AI framework for hybrid cloud and AI operations. A centralized agent registry, intelligent planning and orchestration capabilities, and secure governance controls help organizations manage and coordinate AI agents across infrastructure, applications, and operational workflows. The HPE OpsRamp Operations Copilot provides new observability for agents and LLMs, enabling organizations to monitor AI utilization, govern token-based consumption, and understand operational costs across agents, multi-vendor AI factories, and workloads. The copilot proactively identifies issues through full-stack telemetry correlation and agentic root-cause analysis. HPE is partnering with ServiceNow to turn real-time, full-stack insights into autonomous, AI-driven service delivery. By integrating GreenLake Intelligence—through the OpsRamp Operations Copilot—with ServiceNow’s autonomous AI workforce, HPE and ServiceNow are creating a single source of truth for agentic IT operations from full-stack observability of AI infrastructure to end-to-end autonomous service delivery. HPE Morpheus Software offers an enterprise-grade, full-featured alternative to existing virtualization platforms and now combines self-service provisioning with integrated observability and operations capabilities for hybrid cloud environments. Enterprises can provision and manage VM and container workloads, correlate telemetry with AI-powered insights, and operate with confidence, all under a single per-socket subscription. The latest Morpheus capabilities include: The new HPE Morpheus Orchestration Copilot, part of GreenLake Intelligence, eliminates the costly, error-prone nature of multi-step, multi-tool manual workflows for provisioning and orchestration of infrastructure and workloads. Enterprises can leverage their preferred AI tools with built-in governance and security guardrails through a bring-your-own-model architecture. The copilot acts, automating and orchestrating infrastructure and workload provisioning end-to-end, while enabling resource-constrained teams to move faster with confidence. New HPE Morpheus Central, delivered through GreenLake, provides centralized visibility, governance, and management across multiple HPE Morpheus deployments. Software-defined networking (SDN), now generally available for HPE Morpheus, enables zero-trust security, multitenancy, consistent policy enforcement, and VXLAN overlay networking, while reducing provisioning time by up to 60%. Intent-based, closed-loop network automation is available in HPE Morpheus through HPE Juniper Apstra integration, continuously validating live network state, eliminating configuration drift, and automating policy enforcement at scale. Stretched cluster capabilities, also generally available, enable metro-grade resilience across two active sites with synchronous replication and automated failover. HPE Zerto Software enables live workload migration from VMware environments to HPE virtual machines with continuous data protection. Citrix and Hewlett Packard Enterprise are planning to expand their strategic collaboration on private cloud and virtualization solutions, with an initial focus on delivering Citrix Desktop-as-a-Service (DaaS) on GreenLake for customers seeking on-premises and sovereign deployments. The companies also plan for Citrix DaaS and Citrix Virtual Apps and Desktops to be integrated with HPE Morpheus Software—VM Essentials as a key virtualization platform and for HPE CloudOps to provide unified orchestration, automation, and observability across GreenLake hybrid deployments. Announced at HPE Partner Growth Summit 2026, Hewlett Packard Enterprise is introducing new programs for customers and service providers. A new platform migration program for virtualization enables partners to help customers reduce financial risk and avoid double-paying during migrations. New HPE Morpheus Software—VM Essentials customers can receive up to one free year of licenses for VM Essentials, a year of HPE Zerto for $1 to support non-disruptive migration to HPE virtual machines, and 0% interest on software through HPE Financial Services. HPE CloudOps Software for cloud service providers helps cloud service providers build, operate, and monetize differentiated private cloud services with multi-tenancy, self-service, SDN, policy-based governance, and cost management. The HPE Cloud Commit program further enhances value with preferential pricing and services tied to committed spend. From edge to datacenter and across VMs to containers, the HPE Private Cloud portfolio now delivers a single control plane built on HPE Morpheus and standardized, integrated air-gapped deployment for disconnected, regulated, or sovereign environments. HPE Private Cloud PC3000 is updated to support air-gapped deployment across edge and core deployments. New VMware vSphere 9 validation helps HPE Private Cloud PC3000 customers remain current without requiring a platform transition, while HPE Morpheus delivers unified management of HPE virtual machines (VMs) and containers on a single platform. HPE Private Cloud PC7000 helps organizations modernize datacenter operations across managed, large-scale, and mission-critical environments.

U.S. Tech Hardware Storage and Peripherals Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

NetApp and CGI Expand Global Alliance to Deliver Hybrid Cloud and AI Solutions

Now 21% undervalued

HP (HPQ) Stock Looks Fully Valued After Insider Selling And Strong Q2 Results

IonQ (IONQ) Stock Could Be 1,017.6% Overvalued After Clavis XG Multiplex Launch

Chief Investment Officer & Director recently bought US$995k worth of stock

Xiao-I Corporation Provides Update on First-Instance Rulings in Patent Litigation Against Apple

First quarter dividend of US$0.63 announced

Quantum Computing (QUBT) Stock Could Be 57% Undervalued After Recent Price Jump

Sandisk (SNDK) Stock Could Be 577.8% Overvalued After Its Recent Run Up

Everpure (P) Stock Could Be 58.6% Undervalued After Its AI Infrastructure Push

Seagate Stock Surges on AI Storage Demand and Record Growth Outlook Through 2027

Super Micro Computer Stock Jumps on AI Demand as Revenue Miss and $7 Billion Fundraising Draw Focus

Hewlett Packard Enterprise Announces Expanded Capabilities Across GreenLake To Deliver Unified Operations For The Agentic Enterprise

Infleqtion Wins Up to $100 Million US Funding and Expands Oxford Quantum Centre

Quantinuum Raises $1.68 Billion in IPO With Nasdaq Debut Valuing Company at $17.6 Billion

Price target increased by 22% to US$2.75