Taiwanese (TAIEX) Heavy Electrical Equipment Industry Analysis

UpdatedApr 01, 2026

DataAggregated Company Financials

Companies7

7D-6.5%
3M-0.7%
1Y9.5%
YTDn/a

Over the last 7 days, the Heavy Electrical Equipment industry has dropped 2.8%, driven by pullbacks in Chung-Hsin Electric and Machinery Manufacturing and Shihlin Electric & Engineering of 8.6% and 6.5%, respectively. In the past year, the industry has gained 15%. As for the next few years, earnings are expected to grow by 30% per annum.

Industry Valuation and Performance

Has the Taiwanese Heavy Electrical Equipment Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 01 Apr 2026	NT$189.2b	NT$74.4b	NT$7.6b	28.5x	24.7x	2.5x
Fri, 27 Feb 2026	NT$235.0b	NT$70.7b	NT$7.3b	37.5x	32.2x	3.3x
Sun, 25 Jan 2026	NT$235.7b	NT$70.7b	NT$7.3b	40.6x	32.3x	3.3x
Tue, 23 Dec 2025	NT$189.3b	NT$67.2b	NT$7.0b	37.6x	27.1x	2.8x
Thu, 20 Nov 2025	NT$172.0b	NT$67.2b	NT$7.0b	36.4x	24.6x	2.6x
Sat, 18 Oct 2025	NT$187.0b	NT$66.1b	NT$6.7b	49.6x	27.9x	2.8x
Mon, 15 Sep 2025	NT$199.7b	NT$66.1b	NT$6.7b	50.3x	29.8x	3x
Wed, 13 Aug 2025	NT$193.0b	NT$65.3b	NT$6.7b	31.1x	28.6x	3x
Fri, 11 Jul 2025	NT$193.1b	NT$65.3b	NT$6.7b	33.7x	28.7x	3x
Sun, 08 Jun 2025	NT$186.4b	NT$65.3b	NT$6.7b	34.8x	27.7x	2.9x
Tue, 06 May 2025	NT$174.3b	NT$64.5b	NT$6.7b	29.4x	26.1x	2.7x
Thu, 03 Apr 2025	NT$167.3b	NT$65.5b	NT$6.8b	22.6x	24.7x	2.6x
Sat, 01 Mar 2025	NT$194.3b	NT$63.0b	NT$6.6b	27.5x	29.6x	3.1x
Mon, 27 Jan 2025	NT$191.7b	NT$62.8b	NT$6.6b	27.6x	29.2x	3.1x
Wed, 25 Dec 2024	NT$192.4b	NT$62.4b	NT$6.4b	21.2x	30.2x	3.1x
Fri, 22 Nov 2024	NT$198.2b	NT$59.6b	NT$6.5b	22.1x	30.3x	3.3x
Sun, 20 Oct 2024	NT$202.2b	NT$58.2b	NT$6.4b	23.8x	31.8x	3.5x
Tue, 17 Sep 2024	NT$195.2b	NT$58.2b	NT$6.4b	24x	30.7x	3.4x
Thu, 15 Aug 2024	NT$206.6b	NT$57.7b	NT$6.3b	25.7x	33x	3.6x
Sat, 13 Jul 2024	NT$270.1b	NT$56.3b	NT$4.6b	55.5x	58.5x	4.8x
Mon, 10 Jun 2024	NT$220.1b	NT$56.0b	NT$4.4b	46.3x	50x	3.9x
Wed, 08 May 2024	NT$241.3b	NT$54.7b	NT$3.8b	59.7x	62.9x	4.4x
Fri, 05 Apr 2024	NT$252.0b	NT$54.7b	NT$3.8b	61.7x	65.7x	4.6x
Sun, 03 Mar 2024	NT$185.2b	NT$54.2b	NT$3.8b	48x	49.1x	3.4x
Tue, 30 Jan 2024	NT$127.4b	NT$54.2b	NT$3.8b	32.8x	33.8x	2.4x
Thu, 28 Dec 2023	NT$121.7b	NT$54.2b	NT$3.8b	31.4x	32.2x	2.2x
Sat, 25 Nov 2023	NT$118.1b	NT$54.2b	NT$3.8b	30.6x	31.3x	2.2x
Mon, 23 Oct 2023	NT$110.0b	NT$53.0b	NT$3.5b	29.1x	31.6x	2.1x
Wed, 20 Sep 2023	NT$112.8b	NT$53.0b	NT$3.5b	31.2x	32.4x	2.1x
Fri, 18 Aug 2023	NT$125.5b	NT$52.4b	NT$3.1b	34.6x	40.4x	2.4x
Sun, 16 Jul 2023	NT$152.7b	NT$52.0b	NT$4.3b	32.3x	35.4x	2.9x
Tue, 13 Jun 2023	NT$134.1b	NT$51.7b	NT$4.2b	28.3x	31.7x	2.6x
Thu, 11 May 2023	NT$114.1b	NT$48.3b	NT$4.0b	24.6x	28.4x	2.4x
Sat, 08 Apr 2023	NT$91.3b	NT$49.4b	NT$4.0b	19.7x	23x	1.8x

Price to Earnings Ratio

23x

Sat, 08 Apr 2023

Current Industry PE

Investors are pessimistic on the Taiwanese Heavy Electrical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 25.5x which is lower than its 3-year average PE of 34.0x.

The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.6x.

Past Earnings Growth

The earnings for companies in the Heavy Electrical Equipment industry have grown 24% per year over the last three years.
Revenues for these companies have grown 15% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.