Narrative Update • Jun 17

The Tech industry is up 6.6% in the last week, with Taiwan Semiconductor Manufacturing up 5.8%. This means that the industry has gained 146% over the past year. As for the next few years, earnings are expected to grow by 28% per annum.
Has the Taiwanese Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Jun 2026 | NT$128.3t | NT$37.8t | NT$3.4t | 33.9x | 37.5x | 3.4x |
| Sat, 16 May 2026 | NT$116.1t | NT$36.8t | NT$3.4t | 31.5x | 34.1x | 3.2x |
| Mon, 13 Apr 2026 | NT$96.1t | NT$35.0t | NT$3.0t | 28.1x | 31.5x | 2.7x |
| Wed, 11 Mar 2026 | NT$86.4t | NT$34.0t | NT$3.0t | 24.5x | 28.7x | 2.5x |
| Fri, 06 Feb 2026 | NT$82.7t | NT$33.3t | NT$3.0t | 25.3x | 27.9x | 2.5x |
| Sun, 04 Jan 2026 | NT$75.0t | NT$33.1t | NT$2.8t | 25.2x | 26.8x | 2.3x |
| Tue, 02 Dec 2025 | NT$68.5t | NT$33.1t | NT$2.8t | 24.2x | 24.5x | 2.1x |
| Thu, 30 Oct 2025 | NT$71.5t | NT$32.1t | NT$2.7t | 25.4x | 26.3x | 2.2x |
| Sat, 27 Sep 2025 | NT$62.7t | NT$31.9t | NT$2.6t | 24.7x | 24.3x | 2x |
| Mon, 25 Aug 2025 | NT$56.5t | NT$31.9t | NT$2.6t | 24.6x | 21.9x | 1.8x |
| Wed, 23 Jul 2025 | NT$54.4t | NT$30.6t | NT$2.7t | 20.7x | 20.5x | 1.8x |
| Fri, 20 Jun 2025 | NT$50.9t | NT$30.4t | NT$2.5t | 20.3x | 20.3x | 1.7x |
| Sun, 18 May 2025 | NT$49.8t | NT$30.4t | NT$2.5t | 21.2x | 19.8x | 1.6x |
| Tue, 15 Apr 2025 | NT$43.6t | NT$28.8t | NT$2.3t | 18.4x | 19x | 1.5x |
| Thu, 13 Mar 2025 | NT$50.7t | NT$28.3t | NT$2.3t | 24.2x | 22.3x | 1.8x |
| Sat, 08 Feb 2025 | NT$55.1t | NT$27.8t | NT$2.2t | 24.4x | 24.5x | 2x |
| Mon, 06 Jan 2025 | NT$53.5t | NT$27.6t | NT$2.1t | 24.1x | 25.3x | 1.9x |
| Wed, 04 Dec 2024 | NT$53.0t | NT$27.6t | NT$2.1t | 24.5x | 25.1x | 1.9x |
| Fri, 01 Nov 2024 | NT$52.3t | NT$26.6t | NT$2.1t | 24.4x | 24.8x | 2x |
| Sun, 29 Sep 2024 | NT$51.3t | NT$26.3t | NT$2.0t | 24.2x | 26x | 1.9x |
| Tue, 27 Aug 2024 | NT$49.9t | NT$26.3t | NT$2.0t | 24.1x | 25.3x | 1.9x |
| Thu, 25 Jul 2024 | NT$51.4t | NT$25.5t | NT$1.9t | 25.6x | 26.9x | 2x |
| Sat, 22 Jun 2024 | NT$52.7t | NT$25.3t | NT$1.8t | 26.2x | 28.6x | 2.1x |
| Mon, 20 May 2024 | NT$46.3t | NT$25.3t | NT$1.8t | 24.7x | 25.1x | 1.8x |
| Wed, 17 Apr 2024 | NT$44.9t | NT$25.1t | NT$1.7t | 24.9x | 25.8x | 1.8x |
| Fri, 15 Mar 2024 | NT$43.7t | NT$25.3t | NT$1.7t | 23.7x | 25.5x | 1.7x |
| Sun, 11 Feb 2024 | NT$38.9t | NT$25.4t | NT$1.7t | 22.7x | 22.8x | 1.5x |
| Tue, 09 Jan 2024 | NT$36.3t | NT$25.4t | NT$1.8t | 22.2x | 20.5x | 1.4x |
| Thu, 07 Dec 2023 | NT$35.7t | NT$25.4t | NT$1.8t | 22.8x | 20.1x | 1.4x |
| Sat, 04 Nov 2023 | NT$33.8t | NT$25.9t | NT$1.8t | 19.9x | 18.5x | 1.3x |
| Mon, 02 Oct 2023 | NT$33.2t | NT$26.1t | NT$1.9t | 20.2x | 17.1x | 1.3x |
| Wed, 30 Aug 2023 | NT$33.8t | NT$26.1t | NT$1.9t | 19.9x | 17.4x | 1.3x |
| Fri, 28 Jul 2023 | NT$35.0t | NT$26.6t | NT$2.0t | 19.7x | 17.3x | 1.3x |
| Sun, 25 Jun 2023 | NT$34.3t | NT$26.8t | NT$2.1t | 18.9x | 16.3x | 1.3x |
16.3x
Which industries have driven the changes within the Taiwanese Tech sector?
| TW Market | 6.12% | |
| Tech | 6.55% | |
| Semiconductors | 7.51% | |
| Electronic Equipment and Components | 5.94% | |
| Communications | 3.50% | |
| Tech Hardware | 0.29% | |
| IT | -0.50% | |
| Software | -3.05% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2330 Taiwan Semiconductor Manufacturing | NT$2.40k | 6.7% +NT$3.9t | 131.9% | PE32.6x | |
| 2454 MediaTek | NT$4.40k | 7.6% +NT$494.8b | 247.4% | PE70x | |
| 2327 Yageo | NT$1.08k | 28.3% +NT$489.4b | 837.1% | PE85.1x | |
| 2408 Nanya Technology | NT$453.50 | 33.4% +NT$351.7b | 650.8% | PE40.6x | |
| 3711 ASE Technology Holding | NT$617.00 | 13.4% +NT$320.4b | 322.6% | PE57.3x |