Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies2307
  • 7D8.8%
  • 3M17.6%
  • 1Y81.0%
  • YTD21.0%

Over the last 7 days, the market has risen 8.8%, driven by gains of 11% in the Information Technology sector. On the other hand, with a decline of 4.9%, the Energy sector is lagging behind. The market is up 81% over the last 12 months. As for the next few years, earnings are expected to grow by 22% per annum.

Trending IndustriesBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026NT$125.8tNT$52.9tNT$4.5t21.5x27.9x2.4x
Tue, 10 Mar 2026NT$113.0tNT$51.7tNT$4.4t20.2x25.4x2.2x
Thu, 05 Feb 2026NT$113.9tNT$51.1tNT$4.4t21.1x26x2.2x
Sat, 03 Jan 2026NT$103.6tNT$50.8tNT$4.2t20.9x24.5x2x
Mon, 01 Dec 2025NT$97.4tNT$50.5tNT$4.2t20.2x23.1x1.9x
Wed, 29 Oct 2025NT$98.2tNT$50.3tNT$4.2t21.1x23.5x2x
Fri, 26 Sep 2025NT$92.0tNT$50.1tNT$4.1t21.2x22.7x1.8x
Sun, 24 Aug 2025NT$83.6tNT$49.1tNT$4.1t20.7x20.5x1.7x
Tue, 22 Jul 2025NT$82.5tNT$48.4tNT$4.4t18.7x18.8x1.7x
Thu, 19 Jun 2025NT$79.1tNT$48.2tNT$4.2t18.6x18.6x1.6x
Sat, 17 May 2025NT$77.3tNT$48.0tNT$4.2t19x18.2x1.6x
Mon, 14 Apr 2025NT$69.0tNT$46.3tNT$4.1t17x17x1.5x
Wed, 12 Mar 2025NT$78.3tNT$45.7tNT$3.8t20.8x20.4x1.7x
Fri, 07 Feb 2025NT$82.5tNT$45.4tNT$3.8t21x21.6x1.8x
Sun, 05 Jan 2025NT$81.0tNT$45.1tNT$3.7t20.8x22x1.8x
Tue, 03 Dec 2024NT$80.6tNT$45.0tNT$3.7t21x21.9x1.8x
Thu, 31 Oct 2024NT$80.8tNT$43.2tNT$3.6t21.1x22.5x1.9x
Sat, 28 Sep 2024NT$80.6tNT$42.9tNT$3.5t21.7x23.2x1.9x
Mon, 26 Aug 2024NT$78.3tNT$42.8tNT$3.4t21.4x22.8x1.8x
Wed, 24 Jul 2024NT$80.5tNT$41.6tNT$3.3t22.9x24.7x1.9x
Fri, 21 Jun 2024NT$82.2tNT$41.4tNT$3.2t23.1x25.8x2x
Sun, 19 May 2024NT$74.7tNT$41.5tNT$3.1t22.6x24.1x1.8x
Tue, 16 Apr 2024NT$72.2tNT$41.1tNT$2.9t23.2x24.7x1.8x
Thu, 14 Mar 2024NT$70.4tNT$41.2tNT$2.8t22x24.9x1.7x
Sat, 10 Feb 2024NT$64.0tNT$41.2tNT$2.8t21.2x23.2x1.6x
Mon, 08 Jan 2024NT$61.8tNT$41.2tNT$2.8t21.1x21.9x1.5x
Wed, 06 Dec 2023NT$61.1tNT$41.1tNT$2.8t21.1x21.8x1.5x
Fri, 03 Nov 2023NT$57.8tNT$41.8tNT$2.9t18.9x19.6x1.4x
Sun, 01 Oct 2023NT$57.6tNT$42.0tNT$3.1t19.3x18.8x1.4x
Tue, 29 Aug 2023NT$57.8tNT$41.8tNT$3.0t19.1x19x1.4x
Thu, 27 Jul 2023NT$60.1tNT$43.0tNT$3.3t19x18x1.4x
Sat, 24 Jun 2023NT$60.4tNT$42.9tNT$3.4t18.8x17.6x1.4x
Mon, 22 May 2023NT$56.8tNT$43.2tNT$3.7t17x15.4x1.3x
Wed, 19 Apr 2023NT$56.0tNT$43.3tNT$4.0t16.7x14.1x1.3x
Price to Earnings Ratio

14.1x


Total Market Cap: NT$56.0tTotal Earnings: NT$4.0tTotal Revenue: NT$43.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 21.7x202420252026
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 27.9x which is higher than its 3-year average PE of 21.7x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have grown 4.3% per year over the last three years.
  • Revenues for these companies have grown 6.9% 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 Market8.78%
Tech10.94%
Industrials5.31%
Materials3.89%
Healthcare1.84%
Real Estate1.76%
Telecom1.27%
Financials1.14%
Consumer Discretionary0.94%
Consumer Staples-0.40%
Utilities-0.56%
Energy-4.92%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 55.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 66.3% which is higher than its past year's earnings decline of 10.3% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 15.4x.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 114% over the next 5 years.
  • This is better than its past earnings decline of 2.3% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 5.6% 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
2330 Taiwan Semiconductor ManufacturingNT$2.00k10.5%
+NT$4.9t		125.0%PE30.2xTech
2308 Delta ElectronicsNT$1.74k21.3%
+NT$792.3b		417.9%PE75xTech
2383 Elite MaterialNT$3.42k22.8%
+NT$227.5b		595.1%PE83.7xTech
3037 Unimicron TechnologyNT$638.0022.9%
+NT$181.9b		714.8%PE146.1xTech
2454 MediaTekNT$1.58k7.5%
+NT$175.6b		13.7%PE23.9xTech
See more

Market Insights

Header cover image
Is it time to revisit Cybersecurity and Cloud?
Stella Ong avatar
Stella Ong
In 2021, cybersecurity and cloud stocks could do no wrong. Today, they’re operating in a very different environment where stock selection is more important than ever.
Continue reading
What’s happening with Renewables & EVs?

Latest News

3711
NT$393.00
ASE Technology Holding
7D
8.9%
1Y
192.2%
2881
NT$87.60
Fubon Financial Holding
7D
-0.2%
1Y
11.7%

2881: Stable Assumptions And Firm P/E Outlook Will Support Upside Potential

Analysts have kept their NT$ price target for Fubon Financial Holding steady, pointing to an unchanged fair value estimate along with only minimal tweaks to revenue, profit margin, and forward P/E assumptions. Valuation Changes Fair Value: The NT$97.91 fair value estimate is unchanged, indicating a stable central case for the stock’s worth in this model.
2330
NT$2,000.00
Taiwan Semiconductor Manufacturing
7D
10.5%
1Y
125.0%
2345
NT$1,835.00
Accton Technology
7D
15.4%
1Y
260.5%
2383
NT$3,420.00
Elite Material
7D
22.8%
1Y
595.1%
2308
NT$1,735.00
Delta Electronics
7D
21.3%
1Y
417.9%
2382
NT$321.50
Quanta Computer
7D
13.0%
1Y
49.2%

2382: German Nearshoring Expansion Will Support Margins And Future Upside

Analysts are keeping their NT$425.00 price target for Quanta Computer steady, reflecting only small model tweaks as they factor in slightly different assumptions for discount rate, revenue growth, profit margin, and future P/E. What's in the News Quanta Computer has taken delivery of 24,000 sqm of high tech industrial space at CTPark Jülich in Germany's North Rhine Westphalia region, under a 15 year lease with CTP.
2891
NT$54.00
CTBC Financial Holding
7D
-0.9%
1Y
45.0%

2891: Fair Value Outlook Will Depend On Margins And Discount Rate Adjustments

Analysts have raised their price target for CTBC Financial Holding slightly, to about NT$55.26 from around NT$54.63. The adjustment reflects updated views on discount rates, profit margins and future P/E assumptions.
6806
NT$22.90
Shinfox Energy
7D
-34.1%
1Y
-70.4%
2454
NT$1,575.00
MediaTek
7D
7.5%
1Y
13.7%

2454: Edge AI And Data Center Chips Will Support Future Upside Potential

Analysts have modestly adjusted their fair value estimate for MediaTek to NT$2,099 from NT$2,077, reflecting updated assumptions on revenue growth, profit margins, and future P/E levels. What's in the News MediaTek, Microsoft Research, and partners revealed a next generation Active MicroLED Cable design that targets lower power use, longer reach, and copper like reliability for data center interconnects, using hundreds of low speed MicroLED channels instead of traditional laser links (Key Developments).
6472
NT$411.50
Bora Pharmaceuticals
7D
-8.4%
1Y
-27.9%

6472: Renewed GSK Manufacturing Agreement Will Support Long Term Earnings Power

Analysts have inched up their price target on Bora Pharmaceuticals to NT$741.35 from NT$741.02, citing updated assumptions that combine a higher revenue growth outlook of 29.58% with a slightly stronger profit margin of 20.74% and a modestly lower future P/E of 13.69. What's in the News Bora Pharmaceuticals has scheduled a board meeting on March 11, 2026, to review the 2025 fourth quarter consolidated financial statement (Key Developments).
6505
NT$52.00
Formosa Petrochemical
7D
-4.9%
1Y
51.2%
7909
NT$838.00
Ye Siang Enterprise
7D
-7.4%
1Y
n/a
6890
NT$151.50
Lai Yih Footwear
7D
-9.8%
1Y
-46.3%
1216
NT$71.80
Uni-President Enterprises
7D
-0.8%
1Y
-7.9%
3037
NT$638.00
Unimicron Technology
7D
22.9%
1Y
714.8%