Header cover image

U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJul 09, 2024
DataAggregated Company Financials
Companies46
  • 7D5.0%
  • 3M33.0%
  • 1Y22.5%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has risen 4.3%, driven by gains from Apple of 4.4%. This means that the industry has gained 22% over the past year. As for the next few years, earnings are expected to grow by 7.8% 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
Tue, 09 Jul 2024US$3.6tUS$457.1bUS$103.3b27.2x35.1x7.9x
Thu, 06 Jun 2024US$3.1tUS$456.9bUS$103.3b28.7x30.3x6.8x
Sat, 04 May 2024US$2.9tUS$456.7bUS$103.3b25.5x28.5x6.5x
Mon, 01 Apr 2024US$2.8tUS$457.8bUS$102.9b24.6x27.3x6.1x
Wed, 28 Feb 2024US$2.9tUS$458.8bUS$102.5b27.9x28.6x6.4x
Fri, 26 Jan 2024US$3.1tUS$454.6bUS$98.4b28.8x31.7x6.9x
Sun, 24 Dec 2023US$3.1tUS$455.3bUS$98.5b26.6x31.6x6.8x
Tue, 21 Nov 2023US$3.0tUS$456.1bUS$98.1b22x31x6.7x
Thu, 19 Oct 2023US$2.8tUS$453.8bUS$95.1b23.6x29.9x6.3x
Sat, 16 Sep 2023US$2.8tUS$453.9bUS$95.1b22.4x29.6x6.2x
Mon, 14 Aug 2023US$2.9tUS$454.0bUS$95.2b25.8x30.2x6.3x
Wed, 12 Jul 2023US$3.1tUS$456.4bUS$95.7b31.4x31.9x6.7x
Fri, 09 Jun 2023US$2.9tUS$456.4bUS$95.7b30.1x30.6x6.4x
Sun, 07 May 2023US$2.8tUS$458.1bUS$96.3b21.4x29.1x6.1x
Tue, 04 Apr 2023US$2.7tUS$460.6bUS$97.1b25.9x27.8x5.9x
Thu, 02 Mar 2023US$2.4tUS$459.9bUS$97.2b24.2x24.4x5.2x
Sat, 28 Jan 2023US$2.4tUS$468.0bUS$102.8b23.5x23.2x5.1x
Mon, 26 Dec 2022US$2.2tUS$467.8bUS$102.0b22.1x21.2x4.6x
Wed, 23 Nov 2022US$2.5tUS$467.0bUS$104.4b17.9x23.6x5.3x
Fri, 21 Oct 2022US$2.4tUS$460.8bUS$105.2b14x22.5x5.1x
Sun, 18 Sep 2022US$2.5tUS$461.4bUS$105.4b15.7x23.6x5.4x
Tue, 16 Aug 2022US$2.8tUS$461.1bUS$105.3b13.5x27x6.2x
Thu, 14 Jul 2022US$2.4tUS$459.6bUS$108.1b14.6x22.4x5.3x
Sat, 11 Jun 2022US$2.3tUS$459.6bUS$108.1b15.5x21.2x5x
Mon, 09 May 2022US$2.6tUS$459.1bUS$108.1b15.4x24.3x5.7x
Wed, 06 Apr 2022US$2.9tUS$450.9bUS$106.9b14.6x27.5x6.5x
Fri, 04 Mar 2022US$2.8tUS$450.6bUS$107.0b14.4x26.1x6.2x
Sun, 30 Jan 2022US$2.9tUS$553.7bUS$112.7b10.4x25.9x5.3x
Tue, 28 Dec 2021US$3.1tUS$552.8bUS$109.2b13x28.7x5.7x
Thu, 25 Nov 2021US$2.8tUS$547.5bUS$103.7b13.9x27.4x5.2x
Sat, 23 Oct 2021US$2.7tUS$526.6bUS$93.7b17.7x28.7x5.1x
Mon, 20 Sep 2021US$2.7tUS$526.6bUS$93.8b20.4x28.5x5.1x
Wed, 18 Aug 2021US$2.6tUS$526.7bUS$93.7b19.7x27.9x5x
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 27.2x202220232024
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 35.1x which is higher than its 3-year average PE of 27.2x.
  • 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 Market1.77%
Tech3.51%
Tech Hardware5.03%
Tech Hardware Storage and Peripherals5.03%
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$227.825.1%
+US$169.7b
20.8%PE34.8x
SMCI Super Micro ComputerUS$899.3410.7%
+US$5.1b
233.2%PE50.2x
DELL Dell TechnologiesUS$145.972.2%
+US$2.2b
166.0%PE28.9x
WDC Western DigitalUS$78.502.8%
+US$692.2m
107.3%PS2.2x
HPQ HPUS$35.321.0%
+US$342.5m
12.0%PE11.6x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

XRX

US$11.10

Xerox Holdings

7D

-3.9%

1Y

-28.2%

PSTG

US$65.17

Pure Storage

7D

-0.5%

1Y

70.9%

NNDM

US$2.42

Nano Dimension

7D

10.0%

1Y

-20.7%

IONQ

US$7.67

IonQ

7D

12.1%

1Y

-45.3%

SMCI

US$899.34

Super Micro Computer

7D

10.7%

1Y

233.2%

NTAP

US$130.12

NetApp

7D

-0.09%

1Y

67.2%

HEAR

US$13.78

Turtle Beach

7D

-2.9%

1Y

21.7%