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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedMay 16, 2025
DataAggregated Company Financials
Companies2247
  • 7D5.6%
  • 3M-6.5%
  • 1Y1.0%
  • YTD-5.2%

The market has climbed 5.6% in the last 7 days, lead by the Information Technology sector with a gain of 7.2%. In the last 12 months, the market has been flat. Earnings are forecast to grow by 13% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 May 2025NT$76.9tNT$47.6tNT$4.2t19x18.1x1.6x
Sun, 13 Apr 2025NT$69.0tNT$46.3tNT$4.1t17x17x1.5x
Tue, 11 Mar 2025NT$79.7tNT$45.7tNT$3.8t21.1x20.8x1.7x
Thu, 06 Feb 2025NT$81.9tNT$45.4tNT$3.8t20.8x21.4x1.8x
Sat, 04 Jan 2025NT$81.0tNT$45.1tNT$3.7t20.8x22x1.8x
Mon, 02 Dec 2024NT$79.0tNT$45.0tNT$3.7t20.9x21.4x1.8x
Wed, 30 Oct 2024NT$81.0tNT$43.2tNT$3.6t21.2x22.5x1.9x
Fri, 27 Sep 2024NT$80.7tNT$42.9tNT$3.5t21.6x23.2x1.9x
Sun, 25 Aug 2024NT$78.3tNT$42.9tNT$3.4t21.4x22.9x1.8x
Tue, 23 Jul 2024NT$78.5tNT$41.6tNT$3.3t22.7x24.1x1.9x
Thu, 20 Jun 2024NT$81.5tNT$41.4tNT$3.2t22.7x25.5x2x
Sat, 18 May 2024NT$74.7tNT$41.5tNT$3.1t22.7x24.3x1.8x
Mon, 15 Apr 2024NT$73.2tNT$41.1tNT$2.9t23.6x25.1x1.8x
Wed, 13 Mar 2024NT$70.2tNT$41.2tNT$2.8t22.4x25x1.7x
Fri, 09 Feb 2024NT$63.9tNT$41.2tNT$2.8t21.2x23.2x1.6x
Sun, 07 Jan 2024NT$61.8tNT$41.2tNT$2.8t21.1x21.9x1.5x
Tue, 05 Dec 2023NT$61.5tNT$41.0tNT$2.8t21.3x21.9x1.5x
Thu, 02 Nov 2023NT$56.6tNT$41.8tNT$3.0t18.7x19.2x1.4x
Sat, 30 Sep 2023NT$57.6tNT$42.0tNT$3.1t19.4x18.8x1.4x
Mon, 28 Aug 2023NT$57.7tNT$41.8tNT$3.0t19.2x19x1.4x
Wed, 26 Jul 2023NT$60.3tNT$43.0tNT$3.3t19.1x18x1.4x
Fri, 23 Jun 2023NT$60.3tNT$42.9tNT$3.4t18.8x17.6x1.4x
Sun, 21 May 2023NT$56.7tNT$43.2tNT$3.7t17x15.4x1.3x
Tue, 18 Apr 2023NT$56.3tNT$43.3tNT$4.0t16.9x14.2x1.3x
Thu, 16 Mar 2023NT$53.9tNT$44.0tNT$4.4t14.9x12.3x1.2x
Sat, 11 Feb 2023NT$54.4tNT$44.3tNT$4.6t14.1x11.9x1.2x
Mon, 09 Jan 2023NT$50.3tNT$44.2tNT$4.5t13.3x11.2x1.1x
Wed, 07 Dec 2022NT$51.3tNT$44.1tNT$4.5t13.5x11.4x1.2x
Fri, 04 Nov 2022NT$45.7tNT$44.3tNT$4.7t13.1x9.8x1x
Sun, 02 Oct 2022NT$47.9tNT$43.9tNT$4.5t13.5x10.6x1.1x
Tue, 30 Aug 2022NT$52.2tNT$44.4tNT$4.6t14.6x11.4x1.2x
Thu, 28 Jul 2022NT$51.8tNT$43.7tNT$4.6t14.4x11.3x1.2x
Sat, 25 Jun 2022NT$52.8tNT$43.5tNT$4.5t14.5x11.8x1.2x
Mon, 23 May 2022NT$55.8tNT$43.8tNT$4.5t15x12.3x1.3x
Price to Earnings Ratio

12.3x


Total Market Cap: NT$55.8tTotal Earnings: NT$4.5tTotal Revenue: NT$43.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 18.3x202320242025
Current Market PE
  • Investors are relatively neutral on the Taiwanese market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 18.3x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have declined 2.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Taiwanese Market?

TW Market5.56%
Tech7.16%
Industrials5.23%
Financials3.39%
Consumer Discretionary2.64%
Utilities2.23%
Energy2.17%
Healthcare1.85%
Telecom1.23%
Materials0.97%
Real Estate-0.52%
Consumer Staples-0.99%
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 181x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 16.2%, which is higher than its past year's earnings growth of 9.5% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 14.9x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 60% over the next 5 years.
  • This is better than its past earnings decline of 7.8% per year.
  • In contrast, the Industrials sector is expected to see its earnings decline by 15% 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$995.004.8%
+NT$1.2t
19.2%PE19.7xTech
2317 Hon Hai Precision IndustryNT$158.007.5%
+NT$152.8b
-7.1%PE12.7xTech
2882 Cathay Financial HoldingNT$62.9013.9%
+NT$113.0b
11.5%PE8.7xFinancials
2603 Evergreen Marine Corporation (Taiwan)NT$260.5023.5%
+NT$107.2b
23.8%PE3.8xIndustrials
2382 Quanta ComputerNT$275.007.2%
+NT$71.3b
-3.8%PE15.8xTech
See more
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2317

NT$158.00

Hon Hai Precision Industry

7D

7.5%

1Y

-7.1%

6757

NT$95.20

Tigerair Taiwan

7D

-11.9%

1Y

113.9%

1402

NT$32.45

Far Eastern New Century

7D

-5.8%

1Y

-6.5%

2308

NT$370.50

Delta Electronics

7D

-0.9%

1Y

14.9%

2615

NT$111.00

Wan Hai Lines

7D

28.2%

1Y

58.6%

2382

NT$275.00

Quanta Computer

7D

7.2%

1Y

-3.8%

2371

NT$41.00

Tatung

7D

-7.2%

1Y

-31.8%

2603

NT$260.50

Evergreen Marine Corporation (Taiwan)

7D

23.5%

1Y

23.8%

2207

NT$626.00

Hotai MotorLtd

7D

-3.2%

1Y

0.3%

6415

NT$389.50

Silergy

7D

-3.9%

1Y

-12.1%

6446

NT$499.50

PharmaEssentia

7D

-3.0%

1Y

22.3%

1216

NT$79.50

Uni-President Enterprises

7D

-2.1%

1Y

0.4%

2882

NT$62.90

Cathay Financial Holding

7D

13.9%

1Y

11.5%

2454

NT$1,365.00

MediaTek

7D

3.0%

1Y

17.2%

2330

NT$995.00

Taiwan Semiconductor Manufacturing

7D

4.8%

1Y

19.2%

2881

NT$81.90

Fubon Financial Holding

7D

5.8%

1Y

15.3%