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Top 5 Companies in the Technology Hardware, Storage & Peripherals Industry With the Highest P/E Ratio (EFII, AAPL, HPE, NTAP, XRX)

By Shiri Gupta

Below are the three companies in the Technology Hardware, Storage & Peripherals industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Elec For Imaging ranks highest with a a P/E ratio of 81.14. Apple Inc is next with a a P/E ratio of 26.37. Hewlett Packa ranks third highest with a a P/E ratio of 23.52.

Netapp Inc follows with a a P/E ratio of 21.40, and Xerox Corp rounds out the top five with a a P/E ratio of 11.73.

SmarTrend recommended that subscribers consider buying shares of Elec For Imaging on January 30th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $25.32. Since that recommendation, shares of Elec For Imaging have risen 46.0%. We continue to monitor Elec For Imaging for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio elec for imaging apple inc hewlett packa netapp inc xerox corp

Ticker(s): EFII AAPL HPE NTAP XRX