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Taiwan Semiconductor TSM

$451.40
+$4.83 (+1.08%)
Market open · Sep 24, 1:10 pm ET
After hours $446.60 +0.01%
Open$442.00
Prev close$446.57
Day range$440.69 – $452.54
Volume3.99M
Market cap$2.34T
P/E (TTM)33.6
Dividend yield0.77%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings32.1x
CheapRich

Near the top of its 5-year range · 83rd percentile, 5-year average 25.0x

#2138 of 2977 stocks by PE (1 = cheapest)

Price / book11.1x
CheapRich

Near the top of its 5-year range · 94th percentile, 5-year average 7.2x

#4896 of 5304 stocks by PB (1 = cheapest)

Price / sales16.0x
CheapRich

Near the top of its 5-year range · 95th percentile, 5-year average 10.4x

#4597 of 5143 stocks by PS (1 = cheapest)

P/E over five years

10x20x30x40xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$534.00
Price vs. fair value-15.5%Trading below the estimate
Star rating★★★★☆
Economic moatWide
UncertaintyMedium
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 11.07 7.24 94% (pricier than usual) #4896 of 5304 (1 = cheapest)
PE 32.11 24.96 83% (pricier than usual) #2138 of 2977 (1 = cheapest)
PS 16.03 10.44 95% (pricier than usual) #4597 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★★
Fair value estimate$534.00
Economic moatWide
UncertaintyMedium
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