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Taiwanese (TAIEX) Medical Equipment Industry Analysis
UpdatedMay 21, 2026
DataAggregated Company Financials
Companies58
- 7D0.7%
- 3M-12.4%
- 1Y-19.0%
- YTD-10.6%
The Medical Equipment is pretty flat in the last 7 days, but Pegavision has stood out, gaining 5.9%. As for the longer term, the industry has declined 19% in the last year. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Taiwanese Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 May 2026 | NT$221.8b | NT$70.5b | NT$5.9b | 18.5x | 37.5x | 3.1x |
| Sun, 19 Apr 2026 | NT$240.8b | NT$70.0b | NT$5.9b | 18.7x | 41x | 3.4x |
| Tue, 17 Mar 2026 | NT$241.6b | NT$70.1b | NT$6.0b | 18.9x | 40.4x | 3.4x |
| Thu, 12 Feb 2026 | NT$251.8b | NT$69.9b | NT$5.9b | 19x | 42.8x | 3.6x |
| Sat, 10 Jan 2026 | NT$239.1b | NT$69.7b | NT$5.9b | 18.9x | 40.8x | 3.4x |
| Mon, 08 Dec 2025 | NT$279.5b | NT$69.7b | NT$5.9b | 19.6x | 47.6x | 4x |
| Wed, 05 Nov 2025 | NT$301.1b | NT$70.3b | NT$5.0b | 20.7x | 59.8x | 4.3x |
| Fri, 03 Oct 2025 | NT$284.4b | NT$69.3b | NT$5.1b | 22.4x | 56.2x | 4.1x |
| Sun, 31 Aug 2025 | NT$319.5b | NT$69.3b | NT$5.1b | 21.9x | 62.5x | 4.6x |
| Tue, 29 Jul 2025 | NT$328.3b | NT$69.0b | NT$6.0b | 19.4x | 54.9x | 4.8x |
| Thu, 26 Jun 2025 | NT$315.1b | NT$69.0b | NT$6.0b | 18.9x | 52.5x | 4.6x |
| Sat, 24 May 2025 | NT$278.4b | NT$68.9b | NT$6.0b | 19.1x | 46x | 4x |
| Mon, 21 Apr 2025 | NT$246.7b | NT$67.9b | NT$6.2b | 18.9x | 39.7x | 3.6x |
| Wed, 19 Mar 2025 | NT$283.7b | NT$67.4b | NT$6.3b | 20x | 45.2x | 4.2x |
| Fri, 14 Feb 2025 | NT$256.4b | NT$66.7b | NT$6.0b | 18.5x | 42.5x | 3.8x |
| Sun, 12 Jan 2025 | NT$236.0b | NT$66.7b | NT$6.0b | 19x | 39.1x | 3.5x |
| Tue, 10 Dec 2024 | NT$239.5b | NT$66.4b | NT$6.2b | 19.3x | 38.7x | 3.6x |
| Thu, 07 Nov 2024 | NT$220.5b | NT$64.8b | NT$6.6b | 20.7x | 33.3x | 3.4x |
| Sat, 05 Oct 2024 | NT$233.1b | NT$64.7b | NT$6.6b | 21.1x | 35.5x | 3.6x |
| Mon, 02 Sep 2024 | NT$246.8b | NT$64.7b | NT$6.6b | 21.8x | 37.6x | 3.8x |
| Wed, 31 Jul 2024 | NT$237.4b | NT$63.8b | NT$6.0b | 21.5x | 39.6x | 3.7x |
| Fri, 28 Jun 2024 | NT$249.8b | NT$63.5b | NT$5.8b | 21.8x | 43.4x | 3.9x |
| Sun, 26 May 2024 | NT$230.0b | NT$63.5b | NT$5.8b | 21.3x | 39.9x | 3.6x |
| Tue, 23 Apr 2024 | NT$221.9b | NT$63.1b | NT$5.3b | 26.4x | 41.9x | 3.5x |
| Thu, 21 Mar 2024 | NT$228.8b | NT$63.3b | NT$5.5b | 25.4x | 41.6x | 3.6x |
| Sat, 17 Feb 2024 | NT$215.5b | NT$62.5b | NT$5.6b | 26.6x | 38.3x | 3.4x |
| Mon, 15 Jan 2024 | NT$208.3b | NT$62.2b | NT$5.5b | 28x | 38.1x | 3.3x |
| Wed, 13 Dec 2023 | NT$203.0b | NT$62.2b | NT$5.5b | 27.4x | 37.1x | 3.3x |
| Fri, 10 Nov 2023 | NT$195.8b | NT$64.0b | NT$6.2b | 26.2x | 31.3x | 3.1x |
| Sun, 08 Oct 2023 | NT$195.9b | NT$64.3b | NT$6.6b | 25.5x | 29.6x | 3x |
| Tue, 05 Sep 2023 | NT$193.7b | NT$64.2b | NT$6.6b | 25.9x | 29.4x | 3x |
| Thu, 03 Aug 2023 | NT$198.6b | NT$68.1b | NT$9.1b | 22.6x | 21.7x | 2.9x |
| Sat, 01 Jul 2023 | NT$206.2b | NT$67.6b | NT$9.2b | 25.8x | 22.4x | 3x |
| Mon, 29 May 2023 | NT$197.0b | NT$67.7b | NT$9.7b | 20.5x | 20.3x | 2.9x |
Price to Earnings Ratio
20.3x
Current Industry PE
- Investors are relatively neutral on the Taiwanese Medical Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 40.5x.
- The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have declined 15% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Taiwanese Healthcare industry?
| TW Market | -3.49% | |
| Healthcare | -0.78% | |
| Medical Equipment | 0.70% | |
| Medical Supplies | 2.64% | |
| Medical Equipment | -0.63% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 3kx.
- Analysts are expecting annual earnings growth of 102.3%, which is higher than its past year's earnings growth of 5.1% per year.
- Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 21.5x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 102% over the next 5 years.
- This is better than its past earnings growth rate of 5.1% per year.
- In contrast, the Medical Supplies industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6491 Pegavision | NT$307.00 | 6.0% +NT$1.4b | -12.4% | PE14.9x | |
| 6499 Medeon Biodesign | NT$94.90 | 13.4% +NT$1.1b | -11.3% | PS21.3x | |
| 6762 Delta Asia International | NT$188.00 | 11.9% +NT$703.4m | -20.7% | PS9.9x | |
| 4771 Vizionfocus | NT$194.50 | 6.3% +NT$673.1m | -9.1% | PE14.9x | |
| 1786 SciVision Biotech | NT$59.50 | 15.5% +NT$598.6m | -38.2% | PE34.9x |