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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedMay 29, 2024
DataAggregated Company Financials
Companies47
  • 7D-1.1%
  • 3M5.4%
  • 1Y9.5%
  • YTDn/a

The Tech Hardware Storage and Peripherals is pretty flat in the last 7 days, but Dell Technologies has stood out, gaining 13%. As for the the longer term, the industry is up 11% over the past 12 months. As for the next few years, earnings are expected to grow by 7.3% 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
Wed, 29 May 2024US$3.1tUS$456.7bUS$103.3b28.4x29.7x6.7x
Fri, 26 Apr 2024US$2.8tUS$457.6bUS$102.7b24.1x26.9x6x
Sun, 24 Mar 2024US$2.8tUS$457.8bUS$102.9b26.4x27.3x6.1x
Tue, 20 Feb 2024US$2.9tUS$458.7bUS$102.6b27.9x28.7x6.4x
Thu, 18 Jan 2024US$2.9tUS$454.7bUS$98.6b27.2x29.6x6.4x
Sat, 16 Dec 2023US$3.2tUS$455.3bUS$98.5b27.4x32.2x7x
Mon, 13 Nov 2023US$3.0tUS$456.1bUS$98.2b19x30.4x6.6x
Wed, 11 Oct 2023US$2.9tUS$453.8bUS$95.1b25.7x30.3x6.4x
Fri, 08 Sep 2023US$2.9tUS$453.9bUS$95.1b22.1x30.2x6.3x
Sun, 06 Aug 2023US$2.9tUS$453.5bUS$95.2b31.7x30.9x6.5x
Tue, 04 Jul 2023US$3.1tUS$456.4bUS$95.7b32.1x32.6x6.8x
Thu, 01 Jun 2023US$2.9tUS$456.6bUS$95.8b29.6x30x6.3x
Sat, 29 Apr 2023US$2.8tUS$460.6bUS$97.2b21.7x28.3x6x
Mon, 27 Mar 2023US$2.6tUS$460.6bUS$97.0b23.9x26.9x5.7x
Wed, 22 Feb 2023US$2.4tUS$460.1bUS$97.3b24.7x24.9x5.3x
Fri, 20 Jan 2023US$2.2tUS$467.8bUS$102.0b22.4x21.7x4.7x
Sun, 18 Dec 2022US$2.2tUS$467.8bUS$102.0b22.3x21.6x4.7x
Tue, 15 Nov 2022US$2.4tUS$467.1bUS$104.5b16.8x23.3x5.2x
Thu, 13 Oct 2022US$2.3tUS$460.8bUS$105.2b15.2x21.7x5x
Sat, 10 Sep 2022US$2.6tUS$461.5bUS$105.4b16.6x24.7x5.6x
Mon, 08 Aug 2022US$2.7tUS$460.5bUS$105.3b16.7x26x5.9x
Wed, 06 Jul 2022US$2.4tUS$459.6bUS$108.1b14.5x21.8x5.1x
Fri, 03 Jun 2022US$2.5tUS$459.3bUS$108.1b15.9x23x5.4x
Sun, 01 May 2022US$2.6tUS$458.8bUS$108.1b15.3x24.4x5.7x
Tue, 29 Mar 2022US$3.0tUS$450.9bUS$107.1b17.3x27.6x6.6x
Thu, 24 Feb 2022US$2.8tUS$555.2bUS$113.4b10.2x24.8x5.1x
Sat, 22 Jan 2022US$2.8tUS$552.8bUS$109.2b12.1x25.8x5.1x
Mon, 20 Dec 2021US$3.0tUS$552.8bUS$109.2b11.9x27.3x5.4x
Wed, 17 Nov 2021US$2.6tUS$547.5bUS$103.7b14.8x25.4x4.8x
Fri, 15 Oct 2021US$2.6tUS$526.6bUS$93.7b20.3x27.7x4.9x
Sun, 12 Sep 2021US$2.8tUS$526.9bUS$93.7b18x29.6x5.3x
Tue, 10 Aug 2021US$2.6tUS$526.7bUS$93.7b20x27.7x4.9x
Price to Earnings Ratio

27.8x


Total Market Cap: US$2.2tTotal Earnings: US$81.0bTotal Revenue: US$489.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 27x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Technology Hardware, Storage and Peripherals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 27.0x.
  • The 3-year average PS ratio of 5.7x is lower than the industry's current PS ratio of 6.7x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 8.4% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.3% 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-0.58%
Tech2.53%
Tech Hardware-1.11%
Tech Hardware Storage and Peripherals-1.11%
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
DELL Dell TechnologiesUS$166.0812.8%
+US$13.4b		251.0%PE36.7x
NTAP NetAppUS$118.014.5%
+US$1.0b		70.8%PE25.9x
PSTG Pure StorageUS$62.524.4%
+US$848.5m		112.7%PE331.5x
HPE Hewlett Packard EnterpriseUS$18.413.5%
+US$818.9m		18.6%PE12.5x
WDC Western DigitalUS$76.142.9%
+US$695.5m		90.6%PS2.1x
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