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U.S. Tech Hardware Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies41
  • 7D1.8%
  • 3M1.3%
  • 1Y20.0%
  • YTD23.4%

The Tech Hardware industry is up 1.9% in the last week, with Apple up 1.4%. In the last 12 months, the industry was up 20%. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024US$3.6tUS$472.6bUS$96.4b23.3x37x7.6x
Sat, 19 Oct 2024US$3.7tUS$466.0bUS$106.7b19.7x34.3x7.9x
Mon, 16 Sep 2024US$3.5tUS$466.0bUS$106.7b22.2x32.8x7.5x
Wed, 14 Aug 2024US$3.5tUS$465.1bUS$106.7b23.7x32.7x7.5x
Fri, 12 Jul 2024US$3.7tUS$457.1bUS$103.3b27.4x36.2x8.2x
Sun, 09 Jun 2024US$3.2tUS$457.1bUS$103.2b25.8x30.7x6.9x
Tue, 07 May 2024US$2.9tUS$456.7bUS$103.3b25.7x28.4x6.4x
Thu, 04 Apr 2024US$2.8tUS$457.8bUS$102.9b24.7x27x6.1x
Sat, 02 Mar 2024US$2.9tUS$457.8bUS$102.6b27.5x28.5x6.4x
Mon, 29 Jan 2024US$3.1tUS$454.4bUS$98.6b30.7x31.3x6.8x
Wed, 27 Dec 2023US$3.1tUS$455.3bUS$98.5b26.8x31.6x6.8x
Fri, 24 Nov 2023US$3.1tUS$456.1bUS$98.1b22.1x31.2x6.7x
Sun, 22 Oct 2023US$2.8tUS$453.8bUS$95.1b20.5x29.3x6.1x
Tue, 19 Sep 2023US$2.9tUS$453.9bUS$95.1b20.2x30.2x6.3x
Thu, 17 Aug 2023US$2.9tUS$454.0bUS$95.2b25.3x30x6.3x
Sat, 15 Jul 2023US$3.1tUS$456.4bUS$95.7b31.8x32.3x6.8x
Mon, 12 Jun 2023US$2.9tUS$456.4bUS$95.7b30.2x30.7x6.4x
Wed, 10 May 2023US$2.8tUS$456.5bUS$95.7b21.4x29x6.1x
Fri, 07 Apr 2023US$2.7tUS$460.6bUS$97.1b24x27.6x5.8x
Sun, 05 Mar 2023US$2.5tUS$460.8bUS$97.2b25.1x25.3x5.3x
Tue, 31 Jan 2023US$2.3tUS$468.0bUS$102.8b23.2x22.7x5x
Thu, 29 Dec 2022US$2.1tUS$467.8bUS$102.0b21.5x20.3x4.4x
Sat, 26 Nov 2022US$2.4tUS$467.0bUS$104.4b18x23.3x5.2x
Mon, 24 Oct 2022US$2.4tUS$460.8bUS$105.2b14.1x23.1x5.3x
Wed, 21 Sep 2022US$2.6tUS$461.4bUS$105.4b15.2x24.6x5.6x
Fri, 19 Aug 2022US$2.9tUS$461.1bUS$105.4b16.5x27.3x6.2x
Sun, 17 Jul 2022US$2.5tUS$459.6bUS$108.1b14.9x23.1x5.4x
Tue, 14 Jun 2022US$2.2tUS$459.6bUS$108.1b14.9x20.4x4.8x
Thu, 12 May 2022US$2.4tUS$459.1bUS$108.0b14.8x22.7x5.3x
Sat, 09 Apr 2022US$2.9tUS$450.9bUS$107.0b14.6x26.7x6.3x
Mon, 07 Mar 2022US$2.7tUS$450.9bUS$107.2b14.3x25.6x6.1x
Wed, 02 Feb 2022US$3.0tUS$554.6bUS$113.2b11.7x26.4x5.4x
Fri, 31 Dec 2021US$3.1tUS$552.8bUS$109.2b12.4x28.4x5.6x
Sun, 28 Nov 2021US$2.8tUS$552.5bUS$106.8b13.6x25.8x5x
Price to Earnings Ratio

25.8x


Total Market Cap: US$2.8tTotal Earnings: US$106.8bTotal Revenue: US$552.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Industry Price to Earnings3Y Average 28x202220232024
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 36.9x which is higher than its 3-year average PE of 28.0x.
  • The 3-year average PS ratio of 6.1x is lower than the industry's current PS ratio of 7.5x.
Past Earnings Growth
  • The earnings for companies in the Tech industry have declined 3.3% per year over the last three years,
  • Revenues have also declined 5.1% 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-1.04%
Tech-1.08%
Tech Hardware1.79%
Tech Hardware Storage and Peripherals1.79%
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
AAPL AppleUS$229.001.7%
+US$58.6b		19.7%PE36.9x
SMCI Super Micro ComputerUS$25.8026.9%
+US$3.2b		-10.0%PE12.5x
NTAP NetAppUS$123.453.2%
+US$772.0m		58.3%PE23.3x
IONQ IonQUS$28.867.8%
+US$454.4m		132.4%PS166.7x
WDC Western DigitalUS$63.841.8%
+US$383.7m		36.1%PE67.1x
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Latest News

SMCI

US$25.80

Super Micro Computer

7D

26.9%

1Y

-10.0%

AAPL

US$229.00

Apple

7D

1.7%

1Y

19.7%

NTAP

US$123.45

NetApp

7D

3.2%

1Y

58.3%

DELL

US$133.96

Dell Technologies

7D

-0.4%

1Y

79.4%

IONQ

US$28.86

IonQ

7D

7.8%

1Y

132.4%

CRSR

US$6.75

Corsair Gaming

7D

-2.2%

1Y

-46.2%

PSTG

US$49.78

Pure Storage

7D

-0.2%

1Y

33.1%

HPE

US$21.18

Hewlett Packard Enterprise

7D

-3.1%

1Y

34.2%

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Nov 17
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HPQ

US$36.68

HP

7D

-0.4%

1Y

28.0%

Should You Think About Buying HP Inc. (NYSE:HPQ) Now?

Nov 16
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STX

US$98.02

Seagate Technology Holdings

7D

-0.3%

1Y

28.0%

Returns At Seagate Technology Holdings (NASDAQ:STX) Appear To Be Weighed Down

Nov 14
Returns At Seagate Technology Holdings (NASDAQ:STX) Appear To Be Weighed Down

HEAR

US$14.84

Turtle Beach

7D

-4.4%

1Y

42.6%

Shareholders Will Be Pleased With The Quality of Turtle Beach's (NASDAQ:HEAR) Earnings

Nov 14
Shareholders Will Be Pleased With The Quality of Turtle Beach's (NASDAQ:HEAR) Earnings

KODK

US$5.49

Eastman Kodak

7D

19.6%

1Y

46.8%

DBD

US$42.80

Diebold Nixdorf

7D

7.9%

1Y

76.1%

Results: Diebold Nixdorf, Incorporated Delivered A Surprise Loss And Now Analysts Have New Forecasts

Nov 10
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CMPO

US$15.40

CompoSecure

7D

12.2%

1Y

196.2%

WDC

US$63.84

Western Digital

7D

1.8%

1Y

36.1%

Western Digital's (NASDAQ:WDC) Strong Earnings Are Of Good Quality

Nov 07
Western Digital's (NASDAQ:WDC) Strong Earnings Are Of Good Quality

EBON

US$6.92

Ebang International Holdings

7D

-15.8%

1Y

-1.8%