Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedFeb 05, 2026
DataAggregated Company Financials
Companies2305
  • 7D-1.6%
  • 3M15.8%
  • 1Y38.1%
  • YTD9.9%

In the last week, the market has been flat, with a notable exception in the Utilities sector dropping 5.6%. More promisingly, the market is up 40% over the past year. Looking forward, earnings are forecast to grow by 22% annually.

Trending IndustriesBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Taiwanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Feb 2026NT$113.9tNT$51.1tNT$4.4t21.1x26x2.2x
Sat, 03 Jan 2026NT$103.6tNT$50.8tNT$4.2t20.9x24.5x2x
Mon, 01 Dec 2025NT$97.4tNT$50.5tNT$4.2t20.2x23.1x1.9x
Wed, 29 Oct 2025NT$98.2tNT$50.3tNT$4.2t21.1x23.5x2x
Fri, 26 Sep 2025NT$92.0tNT$50.1tNT$4.1t21.2x22.7x1.8x
Sun, 24 Aug 2025NT$83.6tNT$49.1tNT$4.1t20.7x20.5x1.7x
Tue, 22 Jul 2025NT$82.5tNT$48.4tNT$4.4t18.7x18.8x1.7x
Thu, 19 Jun 2025NT$79.1tNT$48.2tNT$4.2t18.6x18.6x1.6x
Sat, 17 May 2025NT$77.3tNT$48.0tNT$4.2t19x18.2x1.6x
Mon, 14 Apr 2025NT$69.0tNT$46.3tNT$4.1t17x17x1.5x
Wed, 12 Mar 2025NT$78.3tNT$45.7tNT$3.8t20.8x20.4x1.7x
Fri, 07 Feb 2025NT$82.5tNT$45.4tNT$3.8t21x21.6x1.8x
Sun, 05 Jan 2025NT$81.0tNT$45.1tNT$3.7t20.8x22x1.8x
Tue, 03 Dec 2024NT$80.6tNT$45.0tNT$3.7t21x21.9x1.8x
Thu, 31 Oct 2024NT$80.8tNT$43.2tNT$3.6t21.1x22.5x1.9x
Sat, 28 Sep 2024NT$80.6tNT$42.9tNT$3.5t21.7x23.2x1.9x
Mon, 26 Aug 2024NT$78.3tNT$42.8tNT$3.4t21.4x22.8x1.8x
Wed, 24 Jul 2024NT$80.5tNT$41.6tNT$3.3t22.9x24.7x1.9x
Fri, 21 Jun 2024NT$82.2tNT$41.4tNT$3.2t23.1x25.8x2x
Sun, 19 May 2024NT$74.7tNT$41.5tNT$3.1t22.6x24.1x1.8x
Tue, 16 Apr 2024NT$72.2tNT$41.1tNT$2.9t23.2x24.7x1.8x
Thu, 14 Mar 2024NT$70.4tNT$41.2tNT$2.8t22x24.9x1.7x
Sat, 10 Feb 2024NT$64.0tNT$41.2tNT$2.8t21.2x23.2x1.6x
Mon, 08 Jan 2024NT$61.8tNT$41.2tNT$2.8t21.1x21.9x1.5x
Wed, 06 Dec 2023NT$61.1tNT$41.1tNT$2.8t21.1x21.8x1.5x
Fri, 03 Nov 2023NT$57.8tNT$41.8tNT$2.9t18.9x19.6x1.4x
Sun, 01 Oct 2023NT$57.6tNT$42.0tNT$3.1t19.3x18.8x1.4x
Tue, 29 Aug 2023NT$57.8tNT$41.8tNT$3.0t19.1x19x1.4x
Thu, 27 Jul 2023NT$60.1tNT$43.0tNT$3.3t19x18x1.4x
Sat, 24 Jun 2023NT$60.4tNT$42.9tNT$3.4t18.8x17.6x1.4x
Mon, 22 May 2023NT$56.8tNT$43.2tNT$3.7t17x15.4x1.3x
Wed, 19 Apr 2023NT$56.0tNT$43.3tNT$4.0t16.7x14.1x1.3x
Fri, 17 Mar 2023NT$53.3tNT$43.9tNT$4.3t14.8x12.5x1.2x
Sun, 12 Feb 2023NT$54.4tNT$44.3tNT$4.6t14.1x11.9x1.2x
Price to Earnings Ratio

11.9x


Total Market Cap: NT$54.4tTotal Earnings: NT$4.6tTotal Revenue: NT$44.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 20.8x202420252026
Current Market PE
  • Investors are optimistic on the Taiwanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 25.9x which is higher than its 3-year average PE of 20.8x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 4.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Taiwanese Market?

TW Market-1.62%
Healthcare1.35%
Financials0.037%
Real Estate-0.46%
Consumer Staples-0.59%
Telecom-1.18%
Tech-1.75%
Consumer Discretionary-2.13%
Industrials-2.41%
Materials-2.44%
Utilities-2.62%
Energy-5.49%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 190x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 57.9%, which is higher than its past year's earnings growth of 5.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 98% over the next 5 years.
  • This is better than its past earnings decline of 4.6% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 6.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
3017 Asia Vital ComponentsNT$1.68k14.3%
+NT$81.5b		218.4%PE43.7xTech
2383 Elite MaterialNT$2.04k7.4%
+NT$50.1b		254.2%PE53.8xTech
3653 Jentech Precision IndustrialNT$3.11k10.7%
+NT$42.9b		163.6%PE89.9xTech
2368 Gold Circuit ElectronicsNT$797.0010.7%
+NT$37.5b		265.6%PE48.7xTech
1590 Airtac International GroupNT$1.21k18.0%
+NT$37.0b		38.4%PE30.7xIndustrials
See more

Market Insights

Header cover image
Why longer lifespans could reshape portfolios 🧓
Stella Ong avatar
Stella Ong
|
|
There’s the Great Wealth Transfer and Longevity Effect. Here’s how our changing demographic and wealth is set to shape future markets.
Continue reading
How to invest when commodity prices get messy ⚖️
Last Week

How to invest when commodity prices get messy ⚖️

Latest News

5274
NT$9,640.00
ASPEED Technology
7D
9.0%
1Y
181.9%
5347
NT$122.00
Vanguard International Semiconductor
7D
-25.2%
1Y
38.3%
2303
NT$61.80
United Microelectronics
7D
-18.6%
1Y
54.1%
3653
NT$3,110.00
Jentech Precision Industrial
7D
10.7%
1Y
163.6%
3017
NT$1,675.00
Asia Vital Components
7D
14.3%
1Y
218.4%
2330
NT$1,785.00
Taiwan Semiconductor Manufacturing
7D
-1.9%
1Y
60.8%

2330: Rising AI Demand Will Eventually Expose Execution And Capacity Constraints

Analysts have lifted their fair value estimate for Taiwan Semiconductor Manufacturing to US$1,462.64 from US$1,411.36, citing updated assumptions about revenue growth, profit margins, and future P/E multiples following a series of recent price target increases from major firms. Analyst Commentary Recent research on Taiwan Semiconductor Manufacturing highlights that, while many firms have updated their price targets, some commentary still flags risks around execution, valuation, and long term growth assumptions, especially as global foundry competition remains intense.
1590
NT$1,210.00
Airtac International Group
7D
18.0%
1Y
38.4%
3037
NT$388.00
Unimicron Technology
7D
5.6%
1Y
215.4%
2454
NT$1,800.00
MediaTek
7D
1.1%
1Y
18.0%
8299
NT$2,055.00
Phison Electronics
7D
-10.1%
1Y
332.2%
2383
NT$2,040.00
Elite Material
7D
7.4%
1Y
254.2%
2368
NT$797.00
Gold Circuit Electronics
7D
10.7%
1Y
265.6%
3711
NT$302.50
ASE Technology Holding
7D
-3.7%
1Y
87.3%

3711: Modest Multiple Assumptions Will Sustain Overvaluation Despite Steady Margins

Analysts have nudged their price target for ASE Technology Holding higher, with fair value moving from US$266.76 to US$269.54. This reflects updated views on its discount rate, revenue growth, profit margin and expected future P/E.
2308
NT$1,210.00
Delta Electronics
7D
-5.5%
1Y
198.4%
2344
NT$108.50
Winbond Electronics
7D
-14.6%
1Y
664.1%
2317
NT$219.00
Hon Hai Precision Industry
7D
-2.9%
1Y
28.1%