Has the Taiwanese Commercial Services Industry valuation changed over the past few years?
|Sun, 05 Dec 2021||NT$164.6b||NT$76.5b||NT$8.3b||18.1x|
|Tue, 02 Nov 2021||NT$161.8b||NT$74.5b||NT$8.8b||18.3x|
|Thu, 30 Sep 2021||NT$154.5b||NT$74.5b||NT$8.8b||17.4x|
|Sat, 28 Aug 2021||NT$154.8b||NT$74.5b||NT$8.8b||17.8x|
|Sun, 04 Jul 2021||NT$154.3b||NT$74.5b||NT$8.8b||18.1x|
|Wed, 07 Apr 2021||NT$157.1b||NT$70.8b||NT$9.5b||19.9x|
|Sat, 09 Jan 2021||NT$150.1b||NT$68.3b||NT$8.9b||19.6x|
|Fri, 02 Oct 2020||NT$144.4b||NT$68.7b||NT$8.6b||17.9x|
|Mon, 06 Jul 2020||NT$151.0b||NT$69.0b||NT$8.0b||20.8x|
|Thu, 09 Apr 2020||NT$135.1b||NT$70.9b||NT$7.3b||15.4x|
|Wed, 01 Jan 2020||NT$147.1b||NT$72.7b||NT$7.2b||17.4x|
|Sat, 05 Oct 2019||NT$150.2b||NT$72.8b||NT$7.4b||17.5x|
|Tue, 09 Jul 2019||NT$151.2b||NT$74.5b||NT$7.2b||18.4x|
|Mon, 01 Apr 2019||NT$148.9b||NT$77.5b||NT$6.9b||18.9x|
|Thu, 03 Jan 2019||NT$139.7b||NT$79.0b||NT$7.1b||19x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.4x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Commercial Services industry have grown 5.4% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Which industries have driven the changes within the Taiwanese Commercial Services industry?
|Office Services and Supplies||1.89%|
|Security and Alarm Services||1.76%|
|Diversified Support Services||1.09%|
|Environmental and Facilities Services||0.76%|
Industry PE: Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 41.0x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Security and Alarm Services industry, which is trading close to its 3-year average of 17.4x.
Forecasted Growth: Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 12% over the next 5 years. This is better than it's past earnings growth rate of 5.0% per year.
Which companies have driven the market over the last 7 days?
Taiwan Environment Scientific
Superior Plating Technology
Jiin Yeeh Ding Enterprises
Taiwan Shin Kong SecurityLtd
Forest Water Environmental Engineering
General Plastic Industrial
Sunny Friend Environmental Technology
Ever-Clear Environmental Eng