Of course individual components have a defined sound. How could they not? If one has listened to a particular component (say speakers) across a variety of systems (say with 3-4 different amps) and the sound tends to have similar characteristics, one can make some pretty meaningful conclusions about the component.
Otherwise, under the contrary assumption, one would be forced to purchase an entire system (and perhaps a room) each time something is changed. Of course that is not realistic.