Header cover image

Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedMar 16, 2025
DataAggregated Company Financials
Companies2235
  • 7D-2.7%
  • 3M-4.3%
  • 1Y10.5%
  • YTD-3.5%

Over the last 7 days, the market has dropped 2.7%, driven by a pullback of 3.4% in the Information Technology sector. In contrast, the Energy sector has actually gained 3.4%. In contrast to the last week, the market is actually up 10% over the past year. Earnings are forecast to grow by 16% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Mar 2025NT$77.9tNT$45.8tNT$3.9t20.6x19.7x1.7x
Tue, 11 Feb 2025NT$82.3tNT$45.4tNT$3.8t21.1x21.6x1.8x
Thu, 09 Jan 2025NT$82.7tNT$45.1tNT$3.7t20.8x22.5x1.8x
Sat, 07 Dec 2024NT$82.1tNT$45.1tNT$3.7t21.3x22.3x1.8x
Mon, 04 Nov 2024NT$80.7tNT$43.2tNT$3.6t21.3x22.4x1.9x
Wed, 02 Oct 2024NT$79.2tNT$42.9tNT$3.5t21.6x22.8x1.8x
Fri, 30 Aug 2024NT$78.5tNT$42.9tNT$3.4t21.7x22.9x1.8x
Sun, 28 Jul 2024NT$78.0tNT$41.6tNT$3.3t22.8x23.9x1.9x
Tue, 25 Jun 2024NT$80.2tNT$41.4tNT$3.2t23.1x25.1x1.9x
Thu, 23 May 2024NT$75.7tNT$41.5tNT$3.1t22.4x24.3x1.8x
Sat, 20 Apr 2024NT$71.6tNT$41.1tNT$2.9t23.1x24.4x1.7x
Mon, 18 Mar 2024NT$69.4tNT$40.1tNT$2.9t22.2x23.9x1.7x
Wed, 14 Feb 2024NT$64.0tNT$41.2tNT$2.8t21.2x23.2x1.6x
Fri, 12 Jan 2024NT$61.6tNT$41.2tNT$2.8t20.8x21.8x1.5x
Sun, 10 Dec 2023NT$61.3tNT$41.2tNT$2.8t21.2x21.8x1.5x
Tue, 07 Nov 2023NT$58.7tNT$41.7tNT$3.0t19.3x19.8x1.4x
Thu, 05 Oct 2023NT$58.3tNT$42.0tNT$3.1t19.3x19.1x1.4x
Sat, 02 Sep 2023NT$58.4tNT$41.6tNT$3.1t19.3x19.1x1.4x
Mon, 31 Jul 2023NT$60.6tNT$42.9tNT$3.3t19.1x18.4x1.4x
Wed, 28 Jun 2023NT$59.3tNT$42.9tNT$3.4t18.5x17.3x1.4x
Fri, 26 May 2023NT$56.8tNT$43.1tNT$3.7t17.3x15.5x1.3x
Sun, 23 Apr 2023NT$54.9tNT$43.3tNT$4.0t16.4x13.8x1.3x
Tue, 21 Mar 2023NT$53.7tNT$42.3tNT$4.0t15.3x13.3x1.3x
Thu, 16 Feb 2023NT$53.9tNT$44.3tNT$4.6t14.2x11.8x1.2x
Sat, 14 Jan 2023NT$51.7tNT$44.2tNT$4.5t13.3x11.5x1.2x
Mon, 12 Dec 2022NT$51.2tNT$44.2tNT$4.5t13.3x11.4x1.2x
Wed, 09 Nov 2022NT$46.2tNT$44.4tNT$4.6t13.3x10x1x
Fri, 07 Oct 2022NT$48.3tNT$43.9tNT$4.5t13.8x10.7x1.1x
Sun, 04 Sep 2022NT$51.5tNT$43.9tNT$4.5t14.6x11.4x1.2x
Tue, 02 Aug 2022NT$52.0tNT$43.8tNT$4.6t14.5x11.3x1.2x
Thu, 30 Jun 2022NT$52.7tNT$43.5tNT$4.5t14.6x11.8x1.2x
Sat, 28 May 2022NT$56.1tNT$43.5tNT$4.5t15.1x12.5x1.3x
Mon, 25 Apr 2022NT$58.7tNT$42.7tNT$4.4t16.3x13.4x1.4x
Wed, 23 Mar 2022NT$60.8tNT$43.0tNT$4.3t16.6x14.1x1.4x
Price to Earnings Ratio

14.1x


Total Market Cap: NT$60.8tTotal Earnings: NT$4.3tTotal Revenue: NT$43.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 18.1x202320242025
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 18.1x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have declined 3.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.1% 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 Market-2.68%
Energy3.38%
Consumer Staples0.073%
Utilities-0.92%
Financials-0.92%
Materials-1.19%
Telecom-1.51%
Healthcare-1.83%
Real Estate-1.90%
Industrials-1.93%
Consumer Discretionary-2.64%
Tech-3.39%
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 180x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 57.3%, which is higher than its past year's earnings growth of 11.8% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 14.8x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 57% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Financials industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
2884 E.SUN Financial Holding CompanyNT$29.653.1%
+NT$14.4b
15.4%PB1.9xFinancials
6505 Formosa PetrochemicalNT$39.753.4%
+NT$12.4b
-44.2%PE63.4xEnergy
2344 Winbond ElectronicsNT$20.9514.8%
+NT$12.2b
-20.9%PE107.8xTech
2408 Nanya TechnologyNT$43.007.6%
+NT$9.5b
-32.7%PS3.9xTech
2303 United MicroelectronicsNT$44.901.7%
+NT$9.4b
-13.5%PE11.9xTech
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

The market’s latest pullback is getting pinned on the escalating trade war. Tariffs are dominating the headlines, right alongside sinking GDP forecasts. But beneath the surface, there’s a growing unease about valuations and earnings. So this week, we’re diving into that side of the story, how valuations and earnings fit into the bigger picture of tariffs, growth, inflation, and interest rates. Sure, we’re mostly talking about the U.S. market here, but trust us, this matters everywhere.

Latest News

6505

NT$39.75

Formosa Petrochemical

7D

3.4%

1Y

-44.2%

3293

NT$816.00

International Games SystemLtd

7D

-12.1%

1Y

47.7%

2883

NT$18.10

KGI Financial Holding

7D

-1.4%

1Y

27.9%

3008

NT$2,475.00

LARGAN PrecisionLtd

7D

-8.3%

1Y

-1.6%

2344

NT$20.95

Winbond Electronics

7D

14.8%

1Y

-20.9%

8299

NT$605.00

Phison Electronics

7D

7.5%

1Y

3.1%

2454

NT$1,400.00

MediaTek

7D

-4.4%

1Y

23.3%

2330

NT$959.00

Taiwan Semiconductor Manufacturing

7D

-4.6%

1Y

27.4%

2884

NT$29.65

E.SUN Financial Holding Company

7D

3.1%

1Y

15.4%

2881

NT$88.20

Fubon Financial Holding

7D

-3.0%

1Y

33.1%

2308

NT$378.50

Delta Electronics

7D

0.9%

1Y

24.9%

2408

NT$43.00

Nanya Technology

7D

7.6%

1Y

-32.7%