Market Still Lacking Some Conviction On Best Buy Co., Inc. (NYSE:BBY)
May 07
U.S. Computer and Electronics Retail Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies8
- 7D6.0%
- 3M1.0%
- 1Y-4.8%
- YTDn/a
Over the last 7 days, the Computer and Electronics Retail industry has risen 7.7%, driven by gains from GameStop of 47%. In contrast, the industry has lost 4.6% in the last 12 months. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the U.S. Computer and Electronics Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | US$23.7b | US$57.7b | US$1.1b | 21.7x | 22x | 0.4x |
| Sat, 06 Apr 2024 | US$23.2b | US$57.6b | US$994.0m | 13.8x | 23.4x | 0.4x |
| Mon, 04 Mar 2024 | US$24.1b | US$58.0b | US$633.0m | 13.5x | 38.1x | 0.4x |
| Wed, 31 Jan 2024 | US$23.0b | US$58.1b | US$680.2m | 114.5x | 33.8x | 0.4x |
| Fri, 29 Dec 2023 | US$25.4b | US$58.1b | US$677.5m | 114.4x | 37.5x | 0.4x |
| Sun, 26 Nov 2023 | US$21.5b | US$58.3b | US$600.2m | 95.8x | 35.8x | 0.4x |
| Tue, 24 Oct 2023 | US$21.2b | US$59.0b | US$614.5m | 11.5x | 34.6x | 0.4x |
| Thu, 21 Sep 2023 | US$23.5b | US$59.0b | US$613.1m | 11.9x | 38.3x | 0.4x |
| Sat, 19 Aug 2023 | US$26.0b | US$59.8b | US$548.0m | 13.4x | 47.5x | 0.4x |
| Mon, 17 Jul 2023 | US$27.9b | US$59.9b | US$606.4m | 20.6x | 46x | 0.5x |
| Wed, 14 Jun 2023 | US$28.4b | US$59.9b | US$592.4m | 21.3x | 48x | 0.5x |
| Fri, 12 May 2023 | US$25.2b | US$61.2b | US$594.4m | 19.1x | 42.4x | 0.4x |
| Sun, 09 Apr 2023 | US$25.9b | US$61.6b | US$612.6m | 57.9x | 42.4x | 0.4x |
| Tue, 07 Mar 2023 | US$26.0b | US$58.4b | US$848.3m | 68.6x | 30.6x | 0.4x |
| Thu, 02 Feb 2023 | US$28.6b | US$60.2b | US$984.6m | 45.9x | 29x | 0.5x |
| Sat, 31 Dec 2022 | US$25.3b | US$60.2b | US$986.1m | 37.9x | 25.6x | 0.4x |
| Mon, 28 Nov 2022 | US$27.9b | US$60.4b | US$1.0b | 11.8x | 27.2x | 0.5x |
| Wed, 26 Oct 2022 | US$24.5b | US$61.8b | US$1.3b | 8.3x | 19.2x | 0.4x |
| Fri, 23 Sep 2022 | US$24.7b | US$61.9b | US$1.0b | 8.7x | 23.8x | 0.4x |
| Sun, 21 Aug 2022 | US$31.2b | US$63.6b | US$1.6b | 8.1x | 19.9x | 0.5x |
| Tue, 19 Jul 2022 | US$28.8b | US$63.8b | US$1.6b | 7.4x | 17.9x | 0.5x |
| Thu, 16 Jun 2022 | US$27.9b | US$63.8b | US$1.6b | 7.3x | 17.3x | 0.4x |
| Sat, 14 May 2022 | US$29.3b | US$64.7b | US$1.3b | 7.9x | 22.2x | 0.5x |
| Mon, 11 Apr 2022 | US$34.8b | US$64.6b | US$1.3b | 8.6x | 26.4x | 0.5x |
| Wed, 09 Mar 2022 | US$35.1b | US$64.4b | US$1.6b | 9.9x | 22.1x | 0.5x |
| Fri, 04 Feb 2022 | US$34.6b | US$64.5b | US$1.8b | 8.8x | 18.9x | 0.5x |
| Sun, 02 Jan 2022 | US$39.9b | US$64.5b | US$1.8b | 9.5x | 21.8x | 0.6x |
| Tue, 30 Nov 2021 | US$47.0b | US$63.8b | US$3.0b | 8.1x | 15.7x | 0.7x |
| Thu, 28 Oct 2021 | US$47.2b | US$63.3b | US$2.9b | 8.8x | 16.1x | 0.7x |
| Sat, 25 Sep 2021 | US$45.1b | US$63.3b | US$2.9b | 8.2x | 15.4x | 0.7x |
| Mon, 23 Aug 2021 | US$45.9b | US$65.1b | US$2.8b | 8.6x | 16.2x | 0.7x |
| Sat, 10 Jul 2021 | US$50.5b | US$62.8b | US$2.5b | 12.8x | 20.5x | 0.8x |
Price to Earnings Ratio
21.4x
Current Industry PE
- Investors are pessimistic on the American Computer and Electronics Retail industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 22.1x which is lower than its 3-year average PE of 28.0x.
- The industry is trading close to its 3-year average PS ratio of 0.50x.
Past Earnings Growth
- The earnings for companies in the Computer and Electronics Retail industry have declined 23% per year over the last three years,
- Revenues have also declined 2.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does U.S. Computer and Electronics Retail compare with similar industries?
| US Market | 3.30% | |
| Consumer Discretionary | 3.12% | |
| Specialty Stores | 3.07% | |
| Computer and Electronics Retail | 6.04% | |
| Home Furnishing Retail | 5.61% | |
| Home Improvement Retail | 5.23% | |
| Apparel Retail | 5.09% | |
| Automotive Retail | 1.89% | |
| Specialty Stores | -1.63% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GME GameStop | US$15.92 | 24.8% +US$967.5m | -23.8% | PE727.5x | |
| BBY Best Buy | US$73.23 | 1.1% +US$170.9m | 2.2% | PE12.8x | |
| RERE ATRenew | US$2.45 | 18.4% +US$83.4m | -7.5% | PS0.3x | |
| EM Smart Share Global | US$1.02 | 25.9% +US$54.2m | 12.1% | PE21.7x | |
| UPBD Upbound Group | US$32.55 | 2.9% +US$51.8m | 5.5% | PS0.4x |