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U.S. Electronic Equipment and Instruments Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies103
  • 7D3.3%
  • 3M4.6%
  • 1Y10.2%
  • YTDn/a

Over the last 7 days, the Electronic Equipment and Instruments industry has risen 2.5%, driven by gains in Cognex and Itron of 10% and 18%, respectively. Meanwhile, Trimble actually underperformed within the industry, shrinking 5.1% in the last week. This means that the industry has gained 11% over the past year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the U.S. Electronic Equipment and Instruments Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$130.5bUS$37.9bUS$2.2b27.9x58.1x3.4x
Sat, 06 Apr 2024US$129.6bUS$37.8bUS$2.3b28x56.8x3.4x
Mon, 04 Mar 2024US$130.9bUS$37.9bUS$2.2b26.2x58.3x3.4x
Wed, 31 Jan 2024US$133.1bUS$41.7bUS$2.4b25.8x54.3x3.2x
Fri, 29 Dec 2023US$136.6bUS$41.6bUS$2.3b26.5x60.6x3.3x
Sun, 26 Nov 2023US$119.8bUS$41.6bUS$2.3b22.5x51.8x2.9x
Tue, 24 Oct 2023US$112.5bUS$42.0bUS$2.4b18.9x47.1x2.7x
Thu, 21 Sep 2023US$123.5bUS$42.0bUS$2.4b19.7x51.9x2.9x
Sat, 19 Aug 2023US$129.7bUS$41.9bUS$2.3b22.4x55.4x3.1x
Mon, 17 Jul 2023US$136.4bUS$41.4bUS$2.2b24.1x62.3x3.3x
Wed, 14 Jun 2023US$134.1bUS$41.4bUS$2.2b25x61.6x3.2x
Fri, 12 May 2023US$122.7bUS$40.5bUS$2.1b25x58.1x3x
Sun, 09 Apr 2023US$124.1bUS$40.3bUS$2.5b25.9x50x3.1x
Tue, 07 Mar 2023US$128.4bUS$38.9bUS$2.3b29.3x55.8x3.3x
Thu, 02 Feb 2023US$136.3bUS$38.5bUS$2.3b29.4x59.7x3.5x
Sat, 31 Dec 2022US$118.3bUS$38.4bUS$2.2b26.6x53x3.1x
Mon, 28 Nov 2022US$126.5bUS$38.4bUS$2.2b27.2x56.4x3.3x
Wed, 26 Oct 2022US$128.1bUS$39.6bUS$2.5b24.8x51.1x3.2x
Fri, 23 Sep 2022US$122.8bUS$39.6bUS$2.5b25.2x49.2x3.1x
Sun, 21 Aug 2022US$140.4bUS$39.7bUS$2.5b28x55.6x3.5x
Tue, 19 Jul 2022US$124.4bUS$38.9bUS$2.7b24.3x46.4x3.2x
Thu, 16 Jun 2022US$131.5bUS$39.3bUS$2.5b26x51.9x3.3x
Sat, 14 May 2022US$130.9bUS$39.9bUS$2.8b26x46.2x3.3x
Mon, 11 Apr 2022US$151.1bUS$37.8bUS$2.3b25.7x65.2x4x
Wed, 09 Mar 2022US$142.5bUS$37.7bUS$2.4b24.3x59.9x3.8x
Fri, 04 Feb 2022US$153.0bUS$36.5bUS$2.9b31.8x52.1x4.2x
Sun, 02 Jan 2022US$180.9bUS$35.9bUS$2.9b35.2x63x5x
Tue, 30 Nov 2021US$180.2bUS$35.8bUS$2.9b32x62.5x5x
Thu, 28 Oct 2021US$175.6bUS$34.6bUS$2.8b36x62.9x5.1x
Sat, 25 Sep 2021US$178.7bUS$34.6bUS$2.8b35.1x64x5.2x
Mon, 23 Aug 2021US$176.6bUS$34.6bUS$2.8b34.4x62.6x5.1x
Sat, 10 Jul 2021US$170.2bUS$33.0bUS$2.4b31.5x69.5x5.2x
Price to Earnings Ratio

65.1x


Total Market Cap: US$162.3bTotal Earnings: US$2.5bTotal Revenue: US$32.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Electronic Equipment and Instruments Industry Price to Earnings3Y Average 56.8x202220232024
Current Industry PE
  • Investors are relatively neutral on the American Electronic Equipment and Instruments 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 56.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have declined 3.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Electronic Equipment and Instruments compare with similar industries?

US Market3.30%
Tech5.57%
Electronic Equipment and Components4.50%
Electronic Equipment and Instruments3.32%
Electronic Manufacturing Services5.67%
Technology Distributors4.75%
Electronic Components4.74%
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
KEYS Keysight TechnologiesUS$150.804.0%
+US$1.0b
3.5%PE27.2x
CGNX CognexUS$46.3213.1%
+US$932.1m
-8.1%PE79.9x
ZBRA Zebra TechnologiesUS$319.953.5%
+US$560.5m
17.7%PE63x
ITRI ItronUS$109.069.3%
+US$423.8m
64.0%PE31.2x
TDY Teledyne TechnologiesUS$391.722.3%
+US$412.1m
-5.4%PE21x
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Latest News

ITRI

US$109.06

Itron

7D

9.3%

1Y

64.0%

TRMB

US$56.54

Trimble

7D

-3.5%

1Y

18.6%

KEYS

US$150.80

Keysight Technologies

7D

4.0%

1Y

3.5%

AEIS

US$101.57

Advanced Energy Industries

7D

6.2%

1Y

18.7%

VPG

US$31.31

Vishay Precision Group

7D

-6.2%

1Y

-6.5%

CGNX

US$46.32

Cognex

7D

13.1%

1Y

-8.1%

ZBRA

US$319.95

Zebra Technologies

7D

3.5%

1Y

17.7%

VNT

US$40.56

Vontier

7D

-0.1%

1Y

46.5%

ARBE

US$1.67

Arbe Robotics

7D

-6.7%

1Y

-23.0%

BMI

US$194.28

Badger Meter

7D

6.4%

1Y

39.7%

TROO

US$1.01

TROOPS

7D

-21.1%

1Y

-71.3%

ARLO

US$14.23

Arlo Technologies

7D

17.3%

1Y

100.1%

TDY

US$391.72

Teledyne Technologies

7D

2.3%

1Y

-5.4%

RCAT

US$1.19

Red Cat Holdings

7D

-21.2%

1Y

9.2%