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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedApr 29, 2024
DataAggregated Company Financials
Companies45
  • 7D2.4%
  • 3M-8.6%
  • 1Y2.7%
  • YTDn/a

In the last week, the Tech Hardware Storage and Peripherals industry is up 2.4%, with Apple up 2.1%. Meanwhile, Xerox Holdings actually underperformed within the industry, shrinking 15% in the last week. Overall in the last year, the industry is flat. Earnings are forecast to grow by 6.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Apr 2024US$2.8tUS$458.2bUS$103.4b24.1x26.7x6x
Wed, 27 Mar 2024US$2.8tUS$457.8bUS$102.9b26x27.2x6.1x
Fri, 23 Feb 2024US$2.9tUS$458.7bUS$102.6b28.2x28.6x6.4x
Sun, 21 Jan 2024US$3.1tUS$454.7bUS$98.6b28.3x31.1x6.7x
Tue, 19 Dec 2023US$3.2tUS$455.3bUS$98.5b29.4x32.2x7x
Thu, 16 Nov 2023US$3.0tUS$456.1bUS$98.2b19.6x30.6x6.6x
Sat, 14 Oct 2023US$2.9tUS$453.8bUS$95.1b23.6x30.4x6.4x
Mon, 11 Sep 2023US$2.9tUS$453.9bUS$95.1b23.2x30.3x6.3x
Wed, 09 Aug 2023US$2.9tUS$453.5bUS$95.2b32.1x30.6x6.4x
Fri, 07 Jul 2023US$3.1tUS$456.4bUS$95.7b32x32.4x6.8x
Sun, 04 Jun 2023US$2.9tUS$456.4bUS$95.7b30.2x30.6x6.4x
Tue, 02 May 2023US$2.8tUS$460.6bUS$97.1b21.9x28.3x6x
Thu, 30 Mar 2023US$2.6tUS$460.6bUS$97.0b24.2x27x5.7x
Sat, 25 Feb 2023US$2.4tUS$460.0bUS$97.2b24.4x24.6x5.2x
Mon, 23 Jan 2023US$2.3tUS$467.8bUS$102.0b22.7x22.1x4.8x
Wed, 21 Dec 2022US$2.2tUS$467.8bUS$102.0b22.1x21.3x4.6x
Fri, 18 Nov 2022US$2.5tUS$467.1bUS$104.5b16.7x23.7x5.3x
Sun, 16 Oct 2022US$2.3tUS$460.8bUS$105.2b14.3x21.7x5x
Tue, 13 Sep 2022US$2.7tUS$461.5bUS$105.4b16.8x25.6x5.9x
Thu, 11 Aug 2022US$2.8tUS$461.1bUS$105.3b13.3x26.6x6.1x
Sat, 09 Jul 2022US$2.5tUS$459.6bUS$108.1b14.6x22.7x5.3x
Mon, 06 Jun 2022US$2.4tUS$459.6bUS$108.1b16.2x22.5x5.3x
Wed, 04 May 2022US$2.7tUS$458.8bUS$108.1b15.8x24.6x5.8x
Fri, 01 Apr 2022US$3.0tUS$450.9bUS$107.1b15.7x27.9x6.6x
Sun, 27 Feb 2022US$2.8tUS$450.3bUS$106.6b13.2x26x6.2x
Tue, 25 Jan 2022US$2.8tUS$552.8bUS$109.2b11.9x25.8x5.1x
Thu, 23 Dec 2021US$3.1tUS$552.8bUS$109.2b12.5x28x5.5x
Sat, 20 Nov 2021US$2.8tUS$547.5bUS$103.7b14.5x26.7x5.1x
Mon, 18 Oct 2021US$2.6tUS$526.6bUS$93.7b17.6x27.9x5x
Wed, 15 Sep 2021US$2.7tUS$526.9bUS$93.7b17.7x29x5.2x
Fri, 13 Aug 2021US$2.7tUS$526.7bUS$93.7b20.4x28.4x5x
Tue, 08 Jun 2021US$2.2tUS$489.2bUS$81.0b23.6x27.8x4.6x
Price to Earnings Ratio

29.2x


Total Market Cap: US$2.4tTotal 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 industry is trading close to its 3-year average PS ratio of 5.7x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 8.5% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.2% 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 Market1.96%
Tech3.91%
Tech Hardware2.42%
Tech Hardware Storage and Peripherals2.42%
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$173.504.6%
+US$118.3b		2.3%PE26.5x
SMCI Super Micro ComputerUS$890.3524.2%
+US$10.1b		747.1%PE71.2x
DELL Dell TechnologiesUS$127.7010.5%
+US$8.7b		191.4%PE28.4x
NTAP NetAppUS$102.484.7%
+US$943.1m		60.9%PE22.5x
WDC Western DigitalUS$69.864.2%
+US$917.4m		105.1%PS1.9x
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