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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedAug 18, 2026
DataAggregated Company Financials
Companies2336
  • 7D2.0%
  • 3M12.8%
  • 1Y85.1%
  • YTD54.6%

The market is up 2.0% over the last week, with the Information Technology sector leading the way, up 2.6%. In the last year, the market has climbed 85%. As for the next few years, earnings are expected to grow by 26% per annum.

Trending IndustriesBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Taiwanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Aug 2026NT$161.7tNT$60.2tNT$6.2t19.3x26.2x2.7x
Thu, 16 Jul 2026NT$161.3tNT$56.1tNT$5.2t22.4x31.1x2.9x
Sat, 13 Jun 2026NT$156.5tNT$56.1tNT$5.1t22.8x30.7x2.8x
Mon, 11 May 2026NT$147.8tNT$54.2tNT$4.9t22.7x30.4x2.7x
Wed, 08 Apr 2026NT$118.0tNT$52.9tNT$4.5t20.9x26.2x2.2x
Fri, 06 Mar 2026NT$118.5tNT$51.6tNT$4.4t20.8x26.7x2.3x
Sun, 01 Feb 2026NT$113.1tNT$51.1tNT$4.4t21.1x25.8x2.2x
Tue, 30 Dec 2025NT$101.7tNT$50.8tNT$4.2t20.7x24.1x2x
Thu, 27 Nov 2025NT$96.4tNT$51.0tNT$4.2t20.2x22.9x1.9x
Sat, 25 Oct 2025NT$96.8tNT$50.3tNT$4.2t21.1x23.2x1.9x
Mon, 22 Sep 2025NT$90.6tNT$49.9tNT$4.1t21.2x22.1x1.8x
Wed, 20 Aug 2025NT$86.0tNT$49.4tNT$4.1t20.8x20.8x1.7x
Fri, 18 Jul 2025NT$81.8tNT$48.2tNT$4.2t18.7x19.3x1.7x
Sun, 15 Jun 2025NT$78.2tNT$48.2tNT$4.2t18.5x18.4x1.6x
Tue, 13 May 2025NT$74.8tNT$47.1tNT$4.2t18.7x17.7x1.6x
Thu, 10 Apr 2025NT$61.5tNT$46.3tNT$4.1t15.4x15.1x1.3x
Sat, 08 Mar 2025NT$80.1tNT$45.7tNT$3.8t21.1x20.9x1.8x
Mon, 03 Feb 2025NT$83.1tNT$45.4tNT$3.8t20.6x21.8x1.8x
Wed, 01 Jan 2025NT$81.5tNT$45.1tNT$3.7t21x22.1x1.8x
Fri, 29 Nov 2024NT$79.0tNT$44.7tNT$3.7t20.8x21.5x1.8x
Sun, 27 Oct 2024NT$82.4tNT$43.2tNT$3.6t21.6x22.9x1.9x
Tue, 24 Sep 2024NT$78.3tNT$42.9tNT$3.5t21.4x22.5x1.8x
Thu, 22 Aug 2024NT$78.5tNT$42.8tNT$3.4t21.2x23x1.8x
Sat, 20 Jul 2024NT$80.7tNT$41.4tNT$3.2t23.2x25.2x1.9x
Mon, 17 Jun 2024NT$79.1tNT$41.4tNT$3.2t23x24.8x1.9x
Wed, 15 May 2024NT$73.7tNT$41.4tNT$3.0t22.9x24.7x1.8x
Fri, 12 Apr 2024NT$73.2tNT$41.0tNT$2.9t23.5x25.1x1.8x
Sun, 10 Mar 2024NT$69.6tNT$41.1tNT$2.8t22.1x24.9x1.7x
Tue, 06 Feb 2024NT$63.9tNT$41.1tNT$2.8t21.2x23.2x1.6x
Thu, 04 Jan 2024NT$61.9tNT$41.2tNT$2.8t21.2x21.9x1.5x
Sat, 02 Dec 2023NT$61.5tNT$41.0tNT$2.8t21.3x21.9x1.5x
Mon, 30 Oct 2023NT$56.9tNT$41.8tNT$2.9t18.9x19.3x1.4x
Wed, 27 Sep 2023NT$57.3tNT$42.0tNT$3.1t19.4x18.8x1.4x
Fri, 25 Aug 2023NT$58.6tNT$41.8tNT$3.0t19.2x19.4x1.4x
Price to Earnings Ratio

19.4x


Total Market Cap: NT$58.6tTotal Earnings: NT$3.0tTotal Revenue: NT$41.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 23.2x202420252026
Current Market PE
  • Investors are optimistic on the Taiwanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 26.2x which is higher than its 3-year average PE of 23.2x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have grown 27% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Taiwanese Market?

TW Market2.01%
Energy3.04%
Tech2.56%
Materials2.05%
Industrials1.64%
Healthcare1.53%
Real Estate0.57%
Consumer Discretionary-0.72%
Consumer Staples-0.96%
Telecom-1.10%
Financials-1.63%
Utilities-2.32%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 188x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 68.3%, which is higher than its past year's earnings growth of 12.7% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 17.2x.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 94% over the next 5 years.
  • This is better than its past earnings growth rate of 50% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
3037 Unimicron TechnologyNT$1.15k15.9%
+NT$259.2b		727.3%PE79xTech
2383 Elite MaterialNT$6.23k12.5%
+NT$247.2b		406.1%PE97.3xTech
2059 King Slide WorksNT$14.50k17.7%
+NT$207.7b		369.9%PE79.9xTech
3653 Jentech Precision IndustrialNT$5.16k26.8%
+NT$159.9b		210.5%PE116.3xTech
3008 Largan PrecisionNT$5.27k21.0%
+NT$119.7b		122.8%PE28xTech
See more

Market Insights

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Investing in a theme primarily based on demand could come unstuck. As the European heatwave has shown, adoption can be far more complicated than whether a product is needed, which is exactly the part investors tend to skip.
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Latest News

2059
NT$14,495.00
King Slide Works
7D
17.7%
1Y
369.9%
2317
NT$249.00
Hon Hai Precision Industry
7D
-5.3%
1Y
19.7%
2454
NT$3,900.00
MediaTek
7D
-3.0%
1Y
180.6%
2360
NT$2,310.00
Chroma ATE
7D
11.1%
1Y
350.3%
2327
NT$577.00
Yageo
7D
-6.5%
1Y
322.7%
3017
NT$3,015.00
Asia Vital Components
7D
9.2%
1Y
181.8%
6223
NT$5,245.00
MPI
7D
-16.9%
1Y
323.0%
3008
NT$5,270.00
Largan Precision
7D
21.0%
1Y
122.8%
6488
NT$1,060.00
GlobalWafers
7D
24.9%
1Y
193.2%
Narrative Update • Aug 13

6488: Higher Margins And Earnings Multiple Will Drive Stronger Share Upside

Analysts have raised their price target for GlobalWafers from NT$1,341 to NT$1,948, citing updated assumptions for revenue growth, profit margins, and a lower expected future P/E multiple. What’s in the News for GlobalWafers Analysts have updated their target price assumptions for GlobalWafers, reflecting revised views on revenue growth, profit margins, and future P/E levels.
3653
NT$5,155.00
Jentech Precision Industrial
7D
26.8%
1Y
210.5%
2303
NT$118.50
United Microelectronics
7D
-3.7%
1Y
188.7%
Narrative Update • Aug 13

2303: Capacity Expansion And AI Photonics Progress Will Meet Measured Capital Returns

Analysts have raised their price target for United Microelectronics to NT$129.34, up from NT$74.24. This revision reflects updated assumptions that include changes in projected revenue growth, profit margins, future P/E expectations, and a slightly adjusted discount rate.
2330
NT$2,380.00
Taiwan Semiconductor Manufacturing
7D
-0.6%
1Y
100.8%
Narrative Update • Aug 12

2330: AI Capacity Constraints And Heavy Capex Plans Will Shape Future Margins

Analysts have lifted their fair value estimate for Taiwan Semiconductor Manufacturing to NT$2,332.83 from NT$1,971.21 as they factor in higher modeled revenue growth tied to strong AI related wafer demand and increased long term capital spending plans, while also using a slightly higher discount rate and similar forward P/E assumptions. Analyst Commentary Recent Street research on Taiwan Semiconductor Manufacturing highlights a broad group of firms lifting their price targets while still flagging some risks that long term investors should keep in mind.
3711
NT$596.00
ASE Technology Holding
7D
-5.2%
1Y
301.3%
Narrative Update • Aug 07

3711: Future Panel-Level Packaging Ramp Will Likely Leave Shares Overstretched

Analysts have updated their price target for ASE Technology Holding to NT$455.77 from NT$384.47, citing revised assumptions for revenue growth, profit margin and future P/E as key drivers of the new valuation. What's in the News ASE Technology Holding issued consolidated earnings guidance for the third quarter of 2026, indicating that consolidated revenue in NT dollar terms is expected to grow by 21% to 22% quarter over quarter.
3037
NT$1,150.00
Unimicron Technology
7D
15.9%
1Y
727.3%
2383
NT$6,225.00
Elite Material
7D
12.5%
1Y
406.1%
2880
NT$39.70
Hua Nan Financial Holdings
7D
-8.1%
1Y
42.7%