Has the Taiwanese Application Software Industry valuation changed over the past few years?

Investors are pessimistic on the Taiwanese Application Software 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 35.2x which is lower than its 3-year average PE of 42.0x. The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.5x.

How does Taiwanese Application Software compare with similar industries?

There are no additional sub-industries under this industry.

Taiwanese (TAIEX) Application Software Industry Analysis

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 25 Jul 2026	NT$74.1b	NT$21.3b	NT$2.1b	17.7x	34.7x	3.5x
Mon, 22 Jun 2026	NT$81.2b	NT$21.3b	NT$2.1b	19.7x	38.1x	3.8x
Wed, 20 May 2026	NT$78.1b	NT$21.2b	NT$2.0b	19.3x	38.2x	3.7x
Fri, 17 Apr 2026	NT$79.3b	NT$20.8b	NT$1.9b	21.3x	41.4x	3.8x
Sun, 15 Mar 2026	NT$71.7b	NT$21.0b	NT$1.8b	19.9x	38.9x	3.4x
Tue, 10 Feb 2026	NT$72.5b	NT$20.5b	NT$1.7b	19.9x	42.7x	3.5x
Thu, 08 Jan 2026	NT$69.2b	NT$20.5b	NT$1.7b	19.8x	40.8x	3.4x
Sat, 06 Dec 2025	NT$68.2b	NT$20.5b	NT$1.7b	24.8x	40.2x	3.3x
Mon, 03 Nov 2025	NT$70.9b	NT$20.0b	NT$1.4b	25.2x	51.1x	3.5x
Wed, 01 Oct 2025	NT$74.3b	NT$20.0b	NT$1.4b	27x	53.2x	3.7x
Fri, 29 Aug 2025	NT$76.2b	NT$20.0b	NT$1.4b	29.6x	54.6x	3.8x
Sun, 27 Jul 2025	NT$74.4b	NT$19.5b	NT$1.9b	24.5x	39.9x	3.8x
Tue, 24 Jun 2025	NT$78.3b	NT$20.4b	NT$2.1b	23.3x	38x	3.8x
Thu, 22 May 2025	NT$80.6b	NT$20.3b	NT$2.1b	26.5x	38.6x	4x
Sat, 19 Apr 2025	NT$64.7b	NT$19.7b	NT$2.0b	20.5x	31.7x	3.3x
Mon, 17 Mar 2025	NT$84.3b	NT$19.1b	NT$2.2b	22.1x	39x	4.4x
Wed, 12 Feb 2025	NT$89.5b	NT$18.9b	NT$2.2b	23.9x	41x	4.7x
Fri, 10 Jan 2025	NT$77.8b	NT$18.9b	NT$2.2b	19.9x	35.7x	4.1x
Sun, 08 Dec 2024	NT$83.8b	NT$18.9b	NT$2.2b	19.8x	38.4x	4.4x
Tue, 05 Nov 2024	NT$83.9b	NT$17.7b	NT$2.3b	20.4x	35.9x	4.7x
Thu, 03 Oct 2024	NT$79.1b	NT$17.6b	NT$2.4b	20.7x	33.2x	4.5x
Sat, 31 Aug 2024	NT$77.1b	NT$17.6b	NT$2.4b	20.8x	32.4x	4.4x
Mon, 29 Jul 2024	NT$77.1b	NT$17.1b	NT$2.0b	25x	38.2x	4.5x
Wed, 26 Jun 2024	NT$76.7b	NT$17.1b	NT$2.0b	25.6x	38x	4.5x
Fri, 24 May 2024	NT$70.8b	NT$17.1b	NT$2.0b	25.6x	35.2x	4.1x
Sun, 21 Apr 2024	NT$67.7b	NT$16.7b	NT$1.7b	24.5x	39.2x	4.1x
Tue, 19 Mar 2024	NT$74.4b	NT$16.5b	NT$1.5b	28.6x	49.6x	4.5x
Thu, 15 Feb 2024	NT$74.0b	NT$16.1b	NT$1.6b	35.1x	45.4x	4.6x
Sat, 13 Jan 2024	NT$74.8b	NT$16.1b	NT$1.6b	35.8x	45.9x	4.6x
Mon, 11 Dec 2023	NT$76.6b	NT$16.3b	NT$1.5b	37.2x	51.4x	4.7x
Wed, 08 Nov 2023	NT$71.2b	NT$15.9b	NT$1.5b	29.6x	47.4x	4.5x
Fri, 06 Oct 2023	NT$69.6b	NT$15.8b	NT$1.5b	30.1x	46.6x	4.4x
Sun, 03 Sep 2023	NT$72.4b	NT$15.8b	NT$1.5b	31.7x	48.4x	4.6x
Tue, 01 Aug 2023	NT$79.4b	NT$15.6b	NT$1.5b	31.5x	52.7x	5.1x


TW Market	2.11%
Tech	2.69%
Software	-1.78%
Application Software	-2.04%
Systems Software	-1.31%

Company	Last Price	7D	1Y	Valuation
6738 MAYO Human Capital	NT$72.20	11.1% +NT$264.4m	43.3%	PS15.6x
5263 Brogent Technologies	NT$96.50	4.0% +NT$262.3m	5.8%	PS4.9x
5203 CyberLink	NT$66.60	2.3% +NT$119.0m	-32.2%	PE18.2x
3570 Otsuka Information Technology	NT$165.50	2.8% +NT$76.9m	-13.6%	PE12x
6906 Groundhog	NT$72.00	2.4% +NT$54.8m	-41.2%	PE36.3x

Announcement • Jun 23

Reallusion Launches Iclone Personal and Officially Launches Ai Studio

Reallusion announced a major dual-release: the rollout of iClone Personal alongside the public launch of AI Studio. iClone Personal offers artists, students, and freelancers a permanent, unrestricted environment to learn, direct, and animate 3D scenes indefinitely. By seamlessly integrating with the Reallusion ecosystem, allowing users to animate Character Creator actors and utilize ActorCore motion packs, while supporting full imports from other industry 3D tools, it serves as the perfect permanent environment for education and long-term pipeline compatibility testing. Reallusion now offers three distinct ways to use iClone: iClone Personal: A permanent, zero-cost tier for indefinite learning, scene blocking, and animation with full project access and entirely free rendering. While creation is unrestricted, it includes a limit of 30 exports for external 3D pipelines. Subscription Plans: A flexible, project-based option that completely lifts the 3D export limit. Ideal for creators who need to temporarily scale their pipeline and seamlessly export assets to game engines and external teams. If an active subscription ends, the software simply reverts to this Free version, keeping your work fully accessible. Perpetual License: The premier upgrade path for professional studios wanting full, permanent ownership of the software and completely unrestricted 3D asset export capabilities. iClone's standalone power will expand further with the upcoming RTX Render engine, launching in Open Beta in late July as a free update for iClone and Character Creator. This optimized engine delivers high-fidelity visuals directly within the software, allowing creators on any tier to complete entire animation projects without exporting to external 3D tools, making the core creation and rendering process completely free. Moving out of Early Access into full public availability, AI Studio continues to directly tackle the animation industry's biggest challenge of digital identity drift. While AI Actors were previously implemented during the Early Access phase to address these character consistency issues, this official launch takes that established foundation to the next level. The re-engineered workflow locks down absolute identity precision from any angle or style, virtually eliminating visual drift even during drastic shot changes through two primary enhancements: Enhanced Video Integration: AI Actors can now be combined as a reference layer directly inside the Seedance 2.0 video pipeline to ensure it remains flawlessly stable from the first frame to the last. Image Edit Deployment: These hyper-consistent AI Actors can be deployed directly within the Image Edit pipeline across multiple angles. This allows creators to seamlessly combine, modify, or swap AI Actors with other assets for complex, derivative storytelling workflows without losing character integrity. As a platform that integrates multiple premier generative models, including Kling 3.0, Veo 3, Nano banana, Flux, and others, Reallusion is constantly pushing the boundaries to let users harness the full creative power of these technologies. By introducing native support for what the industry knows as Elements in Seedance, the platform unlocks unprecedented artistic control. Users can now seamlessly mix, match, and combine multiple reference inputs, including Image, Video, Audio, and AI Actors, alongside native 3D scene data. Instead of guessing with unpredictable text prompts, creators can orchestrate complex camera movements and character choreography in a true 3D environment, allowing the AI to flawlessly execute the final cinematic look with complete structural precision. To support the computing power required for heavy AI generation, Reallusion has opened its tiered AI Cloud Plans (Starter, Standard, and Pro) to the public. Subscriptions unlock premier generation models like Seedance 2.0, Kling 3.0, and Veo 3, alongside an expansive library of over 5,000 premium 3D assets, including poses, posed people, interior furnishings, buildings, animals, trees, plants, and vehicles, and 200+ production-ready AI actors. Additionally, the included AI Points serve as a unified currency that expands beyond video generation to power other Reallusion cloud services. This includes Video Mocap for extracting precise AI motion capture from any video clip, and the advanced Headshot 3 image workflow. New users can download the software for free from the official iClone Product Page to begin building, directing, and animating 3D scenes without time constraints. Upgrade to a flexible subscription plan or a perpetual license to permanently remove the 30-time export limit. This fully unlocks iClone's pipeline connectivity, enabling seamless 3D project and asset exports directly to game engines and other external 3D applications. Existing users can update their software via the Reallusion Hub to access the fully integrated AI Studio toolkit. Free-tier users and trial explorers can begin testing the pipeline instantly, with 500 free AI Points automatically provided upon installation. To tap into premier generative models like Seedance 2.0, Kling 3.0, and Veo 3, along with the expanded premium asset library, creators can review options and subscribe directly on the AI Cloud Plans Page.

Taiwanese (TAIEX) Application Software Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New minor risk - Share price stability

Upcoming dividend of NT$3.21 per share

CyberLink Corp. to Report Q2, 2026 Results on Jul 28, 2026

New major risk - Share price stability

Upcoming dividend of NT$9.70 per share

New minor risk - Share price stability

Reallusion Launches Iclone Personal and Officially Launches Ai Studio

Dividend of NT$4.00 announced

Dividend increased to NT$2.05

Dividend increased to NT$8.50

First quarter 2026 earnings released: NT$0.19 loss per share (vs NT$0.35 loss in 1Q 2025)

First quarter 2026 earnings released: EPS: NT$0.67 (vs NT$0.64 loss in 1Q 2025)

New major risk - Earnings quality

New major risk - Financial position

Full year 2025 earnings released: NT$1.89 loss per share (vs NT$4.28 loss in FY 2024)

Kdan Mobile Software Ltd., Annual General Meeting, Jun 12, 2026