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U.S. Tech Hardware Storage and Peripherals Industry Analysis

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies47
  • 7D3.7%
  • 3M19.8%
  • 1Y18.1%
  • YTDn/a

Over the last 7 days, the Tech Hardware Storage and Peripherals industry has risen 3.7%, driven by gains from Apple of 3.4%. Meanwhile, IonQ actually underperformed within the industry, shrinking 8.4% in the last week. This means that the industry has gained 18% over the past year. Looking forward, earnings are forecast to grow by 7.6% 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
Wed, 19 Jun 2024US$3.5tUS$457.1bUS$103.2b26.9x33.8x7.6x
Fri, 17 May 2024US$3.1tUS$456.7bUS$103.2b28.1x29.9x6.8x
Sun, 14 Apr 2024US$2.9tUS$457.8bUS$102.9b24.7x27.7x6.2x
Tue, 12 Mar 2024US$2.8tUS$457.8bUS$102.7b26.4x27.5x6.2x
Thu, 08 Feb 2024US$3.0tUS$458.7bUS$102.6b29x29.7x6.6x
Sat, 06 Jan 2024US$2.9tUS$454.7bUS$98.6b26.6x29.7x6.4x
Mon, 04 Dec 2023US$3.1tUS$455.3bUS$98.5b27.2x31.2x6.7x
Wed, 01 Nov 2023US$2.8tUS$452.8bUS$94.9b19x29x6.1x
Fri, 29 Sep 2023US$2.8tUS$453.9bUS$95.1b22.3x29x6.1x
Sun, 27 Aug 2023US$2.9tUS$453.8bUS$95.2b25.2x30.3x6.3x
Tue, 25 Jul 2023US$3.1tUS$456.4bUS$95.7b32.1x32.7x6.9x
Thu, 22 Jun 2023US$3.0tUS$456.4bUS$95.7b30.7x31.1x6.5x
Sat, 20 May 2023US$2.8tUS$456.4bUS$95.7b25.5x29.6x6.2x
Mon, 17 Apr 2023US$2.7tUS$460.6bUS$97.1b25.8x27.7x5.8x
Wed, 15 Mar 2023US$2.5tUS$460.5bUS$96.9b25.4x25.6x5.4x
Fri, 10 Feb 2023US$2.5tUS$460.1bUS$97.3b25.1x25.3x5.4x
Sun, 08 Jan 2023US$2.1tUS$467.8bUS$102.0b23x20.9x4.6x
Tue, 06 Dec 2022US$2.4tUS$467.8bUS$102.0b23.4x23.6x5.1x
Thu, 03 Nov 2022US$2.4tUS$467.1bUS$104.4b19.1x22.8x5.1x
Sat, 01 Oct 2022US$2.3tUS$461.4bUS$105.4b14.2x21.7x5x
Mon, 29 Aug 2022US$2.7tUS$461.2bUS$105.4b16.3x25.7x5.9x
Wed, 27 Jul 2022US$2.5tUS$459.6bUS$108.1b15.5x23.6x5.5x
Fri, 24 Jun 2022US$2.3tUS$459.6bUS$108.1b14.6x21.4x5x
Sun, 22 May 2022US$2.3tUS$459.3bUS$108.1b14.7x21.3x5x
Tue, 19 Apr 2022US$2.8tUS$450.9bUS$107.0b15.2x25.9x6.1x
Thu, 17 Mar 2022US$2.7tUS$450.9bUS$107.2b14.1x25.1x6x
Sat, 12 Feb 2022US$2.9tUS$554.9bUS$113.2b11.7x25.6x5.2x
Mon, 10 Jan 2022US$3.0tUS$552.8bUS$109.2b12.9x27.3x5.4x
Wed, 08 Dec 2021US$2.9tUS$552.8bUS$109.2b12.9x26.4x5.2x
Fri, 05 Nov 2021US$2.7tUS$547.3bUS$102.5b13.8x26x4.9x
Sun, 03 Oct 2021US$2.6tUS$526.6bUS$93.7b20x27.5x4.9x
Tue, 31 Aug 2021US$2.7tUS$526.8bUS$93.7b19.8x29x5.2x
Wed, 07 Jul 2021US$2.5tUS$511.7bUS$91.6b25.7x26.9x4.8x
Price to Earnings Ratio

26.9x


Total Market Cap: US$2.5tTotal Earnings: US$91.6bTotal Revenue: US$511.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Tech Hardware Storage and Peripherals Industry Price to Earnings3Y Average 27.1x202220232024
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 33.8x which is higher than its 3-year average PE of 27.1x.
  • The 3-year average PS ratio of 5.8x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
  • The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 4.1% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.7% 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 Market1.63%
Tech5.90%
Tech Hardware3.66%
Tech Hardware Storage and Peripherals3.66%
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$214.293.4%
+US$109.5b		15.8%PE32.7x
DELL Dell TechnologiesUS$149.1513.3%
+US$12.4b		202.4%PE29.5x
SMCI Super Micro ComputerUS$920.0119.9%
+US$8.9b		313.7%PE51.4x
HPE Hewlett Packard EnterpriseUS$21.846.2%
+US$1.7b		28.4%PE15.7x
WDC Western DigitalUS$80.234.8%
+US$1.2b		105.1%PS2.2x
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Latest News

SMCI

US$920.01

Super Micro Computer

7D

19.9%

1Y

313.7%

DELL

US$149.15

Dell Technologies

7D

13.3%

1Y

202.4%

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ALOT

US$15.41

AstroNova

7D

-8.7%

1Y

4.1%

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Jun 18
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NTAP

US$128.71

NetApp

7D

2.6%

1Y

76.7%

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Jun 17
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AAPL

US$214.29

Apple

7D

3.4%

1Y

15.8%

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Jun 16

STX

US$105.99

Seagate Technology Holdings

7D

4.3%

1Y

69.4%

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Jun 15
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XRX

US$13.53

Xerox Holdings

7D

-5.8%

1Y

-6.6%

Xerox Holdings (NASDAQ:XRX) Has Announced A Dividend Of $0.25

Jun 15
Xerox Holdings (NASDAQ:XRX) Has Announced A Dividend Of $0.25

HPE

US$21.84

Hewlett Packard Enterprise

7D

6.2%

1Y

28.4%

CRSR

US$11.00

Corsair Gaming

7D

-1.3%

1Y

-37.8%

We Think Corsair Gaming (NASDAQ:CRSR) Has A Fair Chunk Of Debt

Jun 14
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QMCO

US$0.39

Quantum

7D

-20.1%

1Y

-66.6%

IONQ

US$7.21

IonQ

7D

-8.4%

1Y

-22.6%

PSTG

US$68.35

Pure Storage

7D

2.7%

1Y

84.6%

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Jun 12
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WDC

US$80.23

Western Digital

7D

4.8%

1Y

105.1%

NNDM

US$2.25

Nano Dimension

7D

-10.4%

1Y

-4.3%

HEAR

US$14.48

Turtle Beach

7D

-6.5%

1Y

30.9%

DBD

US$40.04

Diebold Nixdorf

7D

-1.4%

1Y

n/a

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May 23
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