Has the Taiwanese Telecom Services and Carriers Industry valuation changed over the past few years?
|Thu, 09 Dec 2021||NT$947.3b||NT$235.7b||NT$30.8b||28.7x|
|Sat, 06 Nov 2021||NT$922.0b||NT$234.4b||NT$30.7b||30.1x|
|Mon, 04 Oct 2021||NT$918.3b||NT$235.6b||NT$29.6b||29.4x|
|Wed, 01 Sep 2021||NT$916.6b||NT$235.6b||NT$29.6b||31.5x|
|Thu, 08 Jul 2021||NT$946.1b||NT$235.6b||NT$29.6b||33.2x|
|Wed, 31 Mar 2021||NT$930.1b||NT$234.1b||NT$29.0b||35.5x|
|Sat, 02 Jan 2021||NT$914.7b||NT$232.5b||NT$28.4b||36.8x|
|Tue, 06 Oct 2020||NT$895.9b||NT$228.9b||NT$28.3b||36x|
|Fri, 10 Jul 2020||NT$969.9b||NT$228.0b||NT$28.2b||27.6x|
|Thu, 02 Apr 2020||NT$871.8b||NT$230.1b||NT$28.3b||25.9x|
|Sun, 05 Jan 2020||NT$903.4b||NT$233.4b||NT$28.5b||25.9x|
|Wed, 09 Oct 2019||NT$908.9b||NT$233.2b||NT$31.2b||28.5x|
|Tue, 02 Jul 2019||NT$927.5b||NT$234.5b||NT$31.9b||26.9x|
|Fri, 05 Apr 2019||NT$897.8b||NT$238.3b||NT$33.8b||23.3x|
|Mon, 07 Jan 2019||NT$920.9b||NT$240.5b||NT$34.9b||23.3x|
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 29.3x. However, future earnings are expected to decline by 2.1% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Telecom industry have declined 4.1% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Taiwanese Telecom Services and Carriers industry?
|Integrated Telecom Services||0.76%|
Industry PE: Investors are most optimistic about the Integrated Telecom Services industry which is trading above its 3-year average PE ratio of 26.2x. However analysts are expecting annual earnings decline of 2.1%, which is lower than the prior year's growth of 6.7% per year. So the market might believe that analysts are underestimating future growth or they expect the Integrated Telecom Services industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Alternative Carriers industry, which is trading below its 3-year average of 76.8x.
Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Integrated Telecom Services industry since they expect its earnings to decline by only 2.1% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 6.7% per year.
Which companies have driven the market over the last 7 days?