Top tech hardware companies by P/E ratio

Companies: 204 average P/E ratio (TTM): 33.3

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Rank	Name	P/E ratio	Price	Today	Country
201	Bestechnic 688608.SS	151	₹2,727	0.37%	🇨🇳 China
202	Sandisk SNDK	-82.6	₹54,339	10.66%	🇺🇸 USA
203	Qnity Electronics Q	N/A	₹10,162	2.55%	🇺🇸 USA
204	Sensata Technologies ST	-185	₹3,366	2.61%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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