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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedNov 15, 2025
DataAggregated Company Financials
Companies2278
  • 7D-1.0%
  • 3M11.0%
  • 1Y18.8%
  • YTD18.4%

The Energy sector gained 6.4% while the market remained flat over the last week. Meanwhile, the market is actually up 19% over the past year. As for the next few years, earnings are expected to grow by 20% per annum.

Trending IndustriesBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025NT$96.3tNT$50.9tNT$4.2t20.4x22.9x1.9x
Thu, 16 Oct 2025NT$95.9tNT$50.1tNT$4.1t20.9x23.7x1.9x
Sat, 13 Sep 2025NT$90.1tNT$49.8tNT$4.1t21x22.2x1.8x
Mon, 11 Aug 2025NT$84.7tNT$48.5tNT$4.3t19.6x19.5x1.7x
Wed, 09 Jul 2025NT$79.1tNT$48.2tNT$4.2t18.4x18.6x1.6x
Fri, 06 Jun 2025NT$76.7tNT$48.2tNT$4.2t18.4x18.1x1.6x
Sun, 04 May 2025NT$73.6tNT$46.6tNT$4.2t18.2x17.5x1.6x
Tue, 01 Apr 2025NT$73.5tNT$46.2tNT$4.0t18.7x18.1x1.6x
Thu, 27 Feb 2025NT$82.8tNT$45.3tNT$3.8t21.7x21.7x1.8x
Sat, 25 Jan 2025NT$83.1tNT$45.4tNT$3.8t20.6x21.8x1.8x
Mon, 23 Dec 2024NT$79.7tNT$45.1tNT$3.7t20.7x21.6x1.8x
Wed, 20 Nov 2024NT$80.7tNT$44.5tNT$3.7t20.8x22.1x1.8x
Fri, 18 Oct 2024NT$81.4tNT$42.9tNT$3.5t21.4x23.4x1.9x
Sun, 15 Sep 2024NT$76.9tNT$42.9tNT$3.5t21x22.1x1.8x
Tue, 13 Aug 2024NT$76.7tNT$42.1tNT$3.3t22x23.1x1.8x
Thu, 11 Jul 2024NT$84.4tNT$41.4tNT$3.2t23.6x26.4x2x
Sat, 08 Jun 2024NT$76.9tNT$41.4tNT$3.2t23x24.1x1.9x
Mon, 06 May 2024NT$71.7tNT$41.1tNT$2.9t23.3x24.4x1.7x
Wed, 03 Apr 2024NT$72.2tNT$41.0tNT$2.9t23x24.8x1.8x
Fri, 01 Mar 2024NT$67.1tNT$41.2tNT$2.8t22.1x24.3x1.6x
Sun, 28 Jan 2024NT$63.5tNT$41.2tNT$2.8t21x23x1.5x
Tue, 26 Dec 2023NT$62.1tNT$41.2tNT$2.8t21x22x1.5x
Thu, 23 Nov 2023NT$61.1tNT$41.0tNT$2.8t20.8x21.9x1.5x
Sat, 21 Oct 2023NT$57.8tNT$42.0tNT$3.1t18.7x18.9x1.4x
Mon, 18 Sep 2023NT$59.5tNT$41.9tNT$3.1t19.7x19.5x1.4x
Wed, 16 Aug 2023NT$57.6tNT$42.0tNT$3.0t19x19x1.4x
Fri, 14 Jul 2023NT$59.8tNT$43.0tNT$3.4t18.8x17.6x1.4x
Sun, 11 Jun 2023NT$59.4tNT$42.9tNT$3.4t18.6x17.4x1.4x
Tue, 09 May 2023NT$55.4tNT$43.2tNT$3.9t16.9x14.1x1.3x
Thu, 06 Apr 2023NT$55.6tNT$43.2tNT$4.0t16.1x13.9x1.3x
Sat, 04 Mar 2023NT$54.8tNT$44.3tNT$4.5t15.1x12.3x1.2x
Mon, 30 Jan 2023NT$52.0tNT$44.4tNT$4.6t13.4x11.3x1.2x
Wed, 28 Dec 2022NT$49.9tNT$44.2tNT$4.5t13.3x11.1x1.1x
Fri, 25 Nov 2022NT$51.4tNT$44.5tNT$4.5t13.2x11.4x1.2x
Price to Earnings Ratio

11.4x


Total Market Cap: NT$51.4tTotal Earnings: NT$4.5tTotal Revenue: NT$44.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 19.9x202320242025
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 22.9x which is higher than its 3-year average PE of 19.9x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have declined 2.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.6% 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-0.99%
Energy6.38%
Materials5.16%
Consumer Discretionary1.01%
Financials0.97%
Telecom-1.20%
Consumer Staples-1.35%
Real Estate-1.42%
Tech-1.52%
Industrials-1.61%
Healthcare-2.08%
Utilities-8.83%
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 187x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 95.0%, which is higher than its past year's earnings growth of 5.3% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 18.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 95% over the next 5 years.
  • This is better than its past earnings growth rate of 5.3% per year.
  • In contrast, the Industrials sector is expected to see its earnings grow by 7.0% 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
1303 Nan Ya PlasticsNT$56.5030.6%
+NT$105.1b		34.4%PS1.7xMaterials
3653 Jentech Precision IndustrialNT$2.56k14.6%
+NT$46.4b		81.9%PE73.9xTech
2383 Elite MaterialNT$1.45k6.6%
+NT$32.2b		241.6%PE38.2xTech
6505 Formosa PetrochemicalNT$54.905.8%
+NT$28.6b		23.2%PE86.3xEnergy
1326 Formosa Chemicals & FibreNT$34.0016.0%
+NT$27.5b		-6.2%PS0.7xMaterials
See more

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2317
NT$236.00
Hon Hai Precision Industry
7D
-5.4%
1Y
16.5%
2330
NT$1,445.00
Taiwan Semiconductor Manufacturing
7D
-2.0%
1Y
41.0%
2368
NT$537.00
Gold Circuit Electronics
7D
11.4%
1Y
204.2%
2059
NT$3,715.00
King Slide Works
7D
-11.1%
1Y
185.8%
2382
NT$276.00
Quanta Computer
7D
-5.3%
1Y
-5.0%

2382: Future Revenue Acceleration Will Likely Drive Continued Upside Potential

Narrative Update on Quanta Computer: Analyst Price Target Revision Analysts have raised their price target for Quanta Computer from $342.05 to $349.83, citing slightly higher projected revenue growth, which offsets minor decreases in profit margin estimates. Valuation Changes Fair Value increased slightly from NT$342.05 to NT$349.83.
3653
NT$2,555.00
Jentech Precision Industrial
7D
14.6%
1Y
81.9%
3017
NT$1,420.00
Asia Vital Components
7D
-8.4%
1Y
122.6%
1301
NT$43.10
Formosa Plastics
7D
10.5%
1Y
-8.3%
2357
NT$610.00
ASUSTeK Computer
7D
-8.0%
1Y
-0.3%

2357: Profit Margin Improvements Will Drive Positive Momentum Despite Tariff Uncertainty

Analyst Price Target Update for ASUSTeK Computer Analysts have raised their fair value estimate for ASUSTeK Computer from NT$717.91 to NT$730.36, citing moderately improved profit margin expectations despite a slightly softer revenue growth outlook. What's in the News The Trump administration is considering tariffs on foreign electronic devices, including those from ASUSTeK, based on the value of chip content in each product.
1303
NT$56.50
Nan Ya Plastics
7D
30.6%
1Y
34.4%
1326
NT$34.00
Formosa Chemicals & Fibre
7D
16.0%
1Y
-6.2%
6505
NT$54.90
Formosa Petrochemical
7D
5.8%
1Y
23.2%
3711
NT$220.00
ASE Technology Holding
7D
-3.7%
1Y
45.2%

3711: Global Expansion And Facility Acquisition Will Support Balanced Performance Ahead

Analysts have raised their price target for ASE Technology Holding from $176.29 to $239.69. They cite improved outlooks for revenue growth and profit margins as key drivers behind this more optimistic valuation.
2308
NT$916.00
Delta Electronics
7D
-6.7%
1Y
137.0%

2308: AI-Driven Energy Solutions Will Expand Revenue And Boost Margins

Analysts have raised their price target for Delta Electronics from $1,044.11 to $1,193.39. They cite improved revenue growth expectations and stronger profit margins as key factors behind the upward revision.
2383
NT$1,450.00
Elite Material
7D
6.6%
1Y
241.6%
2882
NT$65.30
Cathay Financial Holding
7D
2.4%
1Y
-2.5%

Robust International And Digital Presence Will Fuel Future Success

The modest increase in the consensus analyst price target for Cathay Financial Holding is primarily driven by a slight uptick in the expected future P/E multiple, now supporting a fair value of NT$68.23. Valuation Changes Summary of Valuation Changes for Cathay Financial Holding The Consensus Analyst Price Target has risen slightly from NT$66.88 to NT$68.23.