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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedApr 04, 2025
DataAggregated Company Financials
Companies2238
  • 7D-3.1%
  • 3M-6.9%
  • 1Y3.4%
  • YTD-6.6%

Over the last 7 days, the market has dropped 3.1%, driven by declines in every sector, especially the Information Technology sector. As for the longer term, the market has actually risen by 3.4% in the last year. Earnings are forecast to grow by 15% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 04 Apr 2025NT$75.6tNT$46.2tNT$4.0t19.2x18.7x1.6x
Sun, 02 Mar 2025NT$81.6tNT$45.5tNT$3.8t21.5x21.3x1.8x
Tue, 28 Jan 2025NT$83.1tNT$45.4tNT$3.8t20.6x21.8x1.8x
Thu, 26 Dec 2024NT$82.1tNT$45.1tNT$3.7t21x22.3x1.8x
Sat, 23 Nov 2024NT$81.0tNT$44.5tNT$3.7t21.2x22.2x1.8x
Mon, 21 Oct 2024NT$82.9tNT$43.1tNT$3.6t21.4x23.1x1.9x
Wed, 18 Sep 2024NT$77.2tNT$42.9tNT$3.5t21.1x22.2x1.8x
Fri, 16 Aug 2024NT$77.2tNT$42.6tNT$3.4t21.8x22.7x1.8x
Sun, 14 Jul 2024NT$84.1tNT$41.4tNT$3.2t23.8x26.3x2x
Tue, 11 Jun 2024NT$76.9tNT$41.4tNT$3.2t23x24.1x1.9x
Thu, 09 May 2024NT$72.9tNT$41.2tNT$3.0t23.4x24.7x1.8x
Sat, 06 Apr 2024NT$71.9tNT$41.0tNT$2.9t23.2x24.6x1.8x
Mon, 04 Mar 2024NT$67.1tNT$41.2tNT$2.8t22.1x24.3x1.6x
Wed, 31 Jan 2024NT$63.6tNT$41.2tNT$2.8t21.1x23x1.5x
Fri, 29 Dec 2023NT$63.1tNT$41.2tNT$2.8t21.2x22.4x1.5x
Sun, 26 Nov 2023NT$60.8tNT$41.1tNT$2.8t20.9x21.9x1.5x
Tue, 24 Oct 2023NT$57.2tNT$42.0tNT$3.1t18.8x18.8x1.4x
Thu, 21 Sep 2023NT$58.2tNT$41.9tNT$3.1t19.6x19x1.4x
Sat, 19 Aug 2023NT$57.4tNT$41.8tNT$3.0t19.2x19.1x1.4x
Mon, 17 Jul 2023NT$60.6tNT$43.0tNT$3.4t19.2x17.8x1.4x
Wed, 14 Jun 2023NT$60.4tNT$42.9tNT$3.4t18.6x17.7x1.4x
Fri, 12 May 2023NT$54.6tNT$43.2tNT$3.9t16.6x13.9x1.3x
Sun, 09 Apr 2023NT$55.7tNT$43.3tNT$4.0t16.2x13.9x1.3x
Tue, 07 Mar 2023NT$55.4tNT$44.3tNT$4.5t15.3x12.4x1.3x
Thu, 02 Feb 2023NT$53.8tNT$44.4tNT$4.6t13.8x11.6x1.2x
Sat, 31 Dec 2022NT$49.4tNT$44.2tNT$4.5t13.2x11x1.1x
Mon, 28 Nov 2022NT$51.3tNT$44.5tNT$4.5t13.1x11.3x1.2x
Wed, 26 Oct 2022NT$44.1tNT$44.1tNT$4.6t12.8x9.5x1x
Fri, 23 Sep 2022NT$49.9tNT$43.9tNT$4.5t14.3x11x1.1x
Sun, 21 Aug 2022NT$53.7tNT$44.5tNT$4.6t14.5x11.7x1.2x
Tue, 19 Jul 2022NT$50.4tNT$43.7tNT$4.6t14x11x1.2x
Thu, 16 Jun 2022NT$55.3tNT$43.5tNT$4.5t15.2x12.4x1.3x
Sat, 14 May 2022NT$54.6tNT$43.3tNT$4.5t15.1x12.2x1.3x
Mon, 11 Apr 2022NT$59.8tNT$42.2tNT$4.3t16.6x13.9x1.4x
Price to Earnings Ratio

13.9x


Total Market Cap: NT$59.8tTotal Earnings: NT$4.3tTotal Revenue: NT$42.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 18.2x202320242025
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 18.2x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have declined 2.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.1% 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-3.12%
Telecom-0.69%
Energy-1.57%
Consumer Staples-1.60%
Financials-2.19%
Materials-2.40%
Consumer Discretionary-2.84%
Tech-3.29%
Real Estate-4.05%
Industrials-4.08%
Healthcare-5.14%
Utilities-5.36%
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 52.0%, which is higher than its past year's earnings growth of 11.2% 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 Healthcare sector, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Industrials sector is expected to see its earnings decline by 5.7% 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
2303 United MicroelectronicsNT$45.251.0%
+NT$5.7b
-12.3%PE12xTech
1736 Johnson Health Tech .CoNT$216.008.0%
+NT$4.9b
206.4%PE27xConsumer Discretionary
2609 Yang Ming Marine TransportNT$77.401.0%
+NT$2.8b
76.7%PE5.4xIndustrials
2474 Catcher TechnologyNT$220.001.9%
+NT$2.6b
4.0%PE10.8xTech
6890 Lai Yih FootwearNT$381.002.1%
+NT$2.0b
n/aPE24.9xConsumer Discretionary
See more
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2454

NT$1,435.00

MediaTek

7D

-3.4%

1Y

23.7%

6199

NT$138.00

TienPin United Enterprise

7D

15.0%

1Y

397.3%

3711

NT$149.00

ASE Technology Holding

7D

-4.8%

1Y

-3.6%

2303

NT$45.25

United Microelectronics

7D

1.0%

1Y

-12.3%

2609

NT$77.40

Yang Ming Marine Transport

7D

1.0%

1Y

76.7%

2615

NT$83.60

Wan Hai Lines

7D

0.7%

1Y

91.5%

5876

NT$45.80

Shanghai Commercial & Savings Bank

7D

0.8%

1Y

-0.3%

2881

NT$87.60

Fubon Financial Holding

7D

-2.6%

1Y

34.1%

6890

NT$381.00

Lai Yih Footwear

7D

2.1%

1Y

n/a

2882

NT$61.60

Cathay Financial Holding

7D

-5.7%

1Y

28.2%

2330

NT$942.00

Taiwan Semiconductor Manufacturing

7D

-1.7%

1Y

20.8%

2382

NT$233.00

Quanta Computer

7D

-5.3%

1Y

-20.6%