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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedApr 30, 2025
DataAggregated Company Financials
Companies2241
  • 7D7.8%
  • 3M-13.8%
  • 1Y-1.9%
  • YTD-11.4%

Over the last 7 days, the market has risen 7.8%, driven by gains in every sector, especially the Information Technology sector. The market has been flat overall in the last year. Earnings are forecast to grow by 14% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 May 2025NT$71.7tNT$46.5tNT$4.2t18x17.1x1.5x
Sat, 29 Mar 2025NT$76.8tNT$46.2tNT$4.0t19.5x19x1.7x
Mon, 24 Feb 2025NT$83.9tNT$45.3tNT$3.8t21.9x22x1.9x
Wed, 22 Jan 2025NT$82.3tNT$45.4tNT$3.8t20.5x21.5x1.8x
Fri, 20 Dec 2024NT$81.1tNT$45.1tNT$3.7t20.6x22x1.8x
Sun, 17 Nov 2024NT$80.4tNT$44.4tNT$3.7t20.8x21.9x1.8x
Tue, 15 Oct 2024NT$80.9tNT$42.9tNT$3.5t21.2x23.2x1.9x
Thu, 12 Sep 2024NT$74.4tNT$42.9tNT$3.5t20.5x21.4x1.7x
Sat, 10 Aug 2024NT$75.6tNT$41.9tNT$3.3t21.7x22.9x1.8x
Mon, 08 Jul 2024NT$83.0tNT$41.4tNT$3.2t23.5x26x2x
Wed, 05 Jun 2024NT$75.2tNT$41.5tNT$3.2t22.9x23.6x1.8x
Fri, 03 May 2024NT$71.4tNT$41.2tNT$2.9t23.4x24.3x1.7x
Sun, 31 Mar 2024NT$71.5tNT$41.0tNT$2.9t22.7x24.6x1.7x
Tue, 27 Feb 2024NT$67.0tNT$41.2tNT$2.8t21.8x24.2x1.6x
Thu, 25 Jan 2024NT$63.0tNT$41.2tNT$2.8t21.1x22.8x1.5x
Sat, 23 Dec 2023NT$62.1tNT$41.2tNT$2.8t21.1x22.1x1.5x
Mon, 20 Nov 2023NT$60.7tNT$41.0tNT$2.8t20.3x21.7x1.5x
Wed, 18 Oct 2023NT$59.0tNT$42.0tNT$3.1t19.3x19.3x1.4x
Fri, 15 Sep 2023NT$59.1tNT$41.8tNT$3.1t19.6x19.4x1.4x
Sun, 13 Aug 2023NT$58.2tNT$42.2tNT$3.1t19.1x18.8x1.4x
Tue, 11 Jul 2023NT$58.5tNT$43.0tNT$3.4t18.7x17.1x1.4x
Thu, 08 Jun 2023NT$59.5tNT$42.9tNT$3.4t18.5x17.4x1.4x
Sat, 06 May 2023NT$55.1tNT$43.2tNT$3.9t16.9x14x1.3x
Mon, 03 Apr 2023NT$55.6tNT$43.2tNT$4.0t16.1x13.9x1.3x
Wed, 01 Mar 2023NT$54.4tNT$44.3tNT$4.5t14.9x12.2x1.2x
Fri, 27 Jan 2023NT$52.0tNT$44.4tNT$4.6t13.4x11.3x1.2x
Sun, 25 Dec 2022NT$49.8tNT$44.2tNT$4.5t13.2x11.1x1.1x
Tue, 22 Nov 2022NT$50.3tNT$44.8tNT$4.6t13x11x1.1x
Thu, 20 Oct 2022NT$45.2tNT$44.1tNT$4.6t13.1x9.7x1x
Sat, 17 Sep 2022NT$51.0tNT$44.0tNT$4.5t14.5x11.2x1.2x
Mon, 15 Aug 2022NT$53.1tNT$44.2tNT$4.6t14.5x11.6x1.2x
Wed, 13 Jul 2022NT$48.3tNT$43.5tNT$4.5t13.7x10.8x1.1x
Fri, 10 Jun 2022NT$57.4tNT$43.5tNT$4.5t15.4x12.8x1.3x
Sun, 08 May 2022NT$56.6tNT$42.9tNT$4.4t15.8x12.9x1.3x
Price to Earnings Ratio

12.9x


Total Market Cap: NT$56.6tTotal Earnings: NT$4.4tTotal Revenue: NT$42.9tTotal 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 remained mostly flat over the last three years.
  • Meanwhile revenues have grown 2.7% 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 and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Taiwanese Market?

TW Market7.78%
Tech9.74%
Healthcare7.44%
Industrials6.46%
Consumer Discretionary5.76%
Financials3.83%
Materials3.75%
Utilities3.74%
Real Estate3.65%
Consumer Staples2.08%
Telecom1.83%
Energy0.71%
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 49.8%, which is higher than its past year's earnings growth of 11.8% per year.
  • The Industrials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 11.9x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 50% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Industrials sector is expected to see its earnings decline by 7.8% 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$908.004.0%
+NT$907.6b
14.9%PE18xTech
2882 Cathay Financial HoldingNT$58.509.1%
+NT$71.9b
15.8%PE8.1xFinancials
2881 Fubon Financial HoldingNT$84.306.3%
+NT$68.3b
28.1%PE7.8xFinancials
2891 CTBC Financial HoldingNT$39.308.4%
+NT$61.4b
15.2%PB1.7xFinancials
2345 Accton TechnologyNT$594.0017.2%
+NT$48.6b
28.7%PE27.7xTech
See more
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Market Insights

The term ‘ Fiscal Dominance ’ has been popping up more in recent years, thanks to rising U.S. deficits. For the sake of your portfolio, this trend and its consequences are worth knowing about.

Latest News

2357

NT$580.00

ASUSTeK Computer

7D

6.8%

1Y

34.9%

2454

NT$1,350.00

MediaTek

7D

-1.5%

1Y

36.1%

2345

NT$594.00

Accton Technology

7D

17.2%

1Y

28.7%

2882

NT$58.50

Cathay Financial Holding

7D

9.1%

1Y

15.8%

2330

NT$908.00

Taiwan Semiconductor Manufacturing

7D

4.0%

1Y

14.9%

2408

NT$36.00

Nanya Technology

7D

-6.7%

1Y

-45.5%

3711

NT$135.50

ASE Technology Holding

7D

-1.5%

1Y

-8.4%

6505

NT$34.95

Formosa Petrochemical

7D

-3.5%

1Y

-51.6%

2891

NT$39.30

CTBC Financial Holding

7D

8.4%

1Y

15.2%

6415

NT$400.00

Silergy

7D

-5.4%

1Y

-8.4%

2881

NT$84.30

Fubon Financial Holding

7D

6.3%

1Y

28.1%

2317

NT$141.50

Hon Hai Precision Industry

7D

1.8%

1Y

-9.3%

2609

NT$68.00

Yang Ming Marine Transport

7D

-4.8%

1Y

30.3%

3034

NT$519.00

Novatek Microelectronics

7D

6.2%

1Y

-16.0%

1301

NT$34.00

Formosa Plastics

7D

-4.6%

1Y

-50.4%