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Has the Taiwanese Construction Industry valuation changed over the past few years?
|Wed, 26 Jan 2022||NT$271.6b||NT$312.2b||NT$18.1b||13.5x|
|Fri, 24 Dec 2021||NT$273.4b||NT$309.4b||NT$17.8b||13.9x|
|Sun, 21 Nov 2021||NT$273.2b||NT$309.4b||NT$17.8b||13.9x|
|Tue, 19 Oct 2021||NT$261.2b||NT$308.2b||NT$16.4b||13.2x|
|Thu, 16 Sep 2021||NT$265.1b||NT$308.2b||NT$16.4b||13.4x|
|Sat, 14 Aug 2021||NT$264.7b||NT$308.2b||NT$16.4b||12.9x|
|Wed, 09 Jun 2021||NT$266.9b||NT$305.2b||NT$17.8b||12.4x|
|Tue, 02 Mar 2021||NT$252.2b||NT$289.4b||NT$15.9b||11.7x|
|Fri, 04 Dec 2020||NT$256.4b||NT$282.3b||NT$15.1b||16.7x|
|Mon, 07 Sep 2020||NT$215.4b||NT$266.1b||NT$13.3b||16.1x|
|Sun, 31 May 2020||NT$196.4b||NT$256.2b||NT$10.7b||16.3x|
|Wed, 04 Mar 2020||NT$192.0b||NT$262.3b||NT$11.7b||13.7x|
|Sat, 07 Dec 2019||NT$193.0b||NT$269.2b||NT$11.4b||11.8x|
|Tue, 10 Sep 2019||NT$191.4b||NT$275.7b||NT$14.0b||10.6x|
|Mon, 03 Jun 2019||NT$198.5b||NT$275.1b||NT$14.2b||10.9x|
|Thu, 07 Mar 2019||NT$184.9b||NT$275.3b||NT$13.9b||11x|
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 13.2x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Construction industry have grown 9.2% per year over the last three years, and revenues for these companies have grown 4.3% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Taiwanese Construction industry?
|Construction and Engineering||-2.68%|
Industry PE: Investors are most optimistic about the Construction and Engineering industry, which is trading close to its 3-year average PE ratio of 13.2x. However analysts are expecting annual earnings growth of 30%, which is lower than the prior year's growth of 39% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Construction and Engineering industry, expecting annual earnings growth of 30% over the next 5 years. However this is lower than its past earnings growth rate of 39% per year.
Which companies have driven the market over the last 7 days?
China Steel Structure
Kuo Toong International
Ruentex Engineering & Construction
United Integrated Services
Run Long ConstructionLtd
Acmepoint Energy ServicesLtd