TSM Taiwan Semiconductor Manufacturing PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: TSM
- PE Ratio
The current PE ratio for Taiwan Semiconductor Manufacturing stock as of Nov 5, 2025 is 30.8. This is calculated based on the current EPS of 278.7 TWD and the stock price of $293.64 per share. The P/E ratio has an increase of 21% from the past four quarters average of 25.4.
TSM PE ratio history
The average historical PE ratio of Taiwan Semiconductor Manufacturing for the last ten years is 21.15. The current PE ratio of 30.8 is 46% above the historical average. Over the past ten years, TSM's PE ratio was at its highest in the Mar 2021 quarter at 32.79, when the stock price was $118.28 and the EPS was 102.8 TWD. The lowest value was in the Dec 2022 quarter, when it reached 11.94 with a price of $74.49 and an EPS of 191.45 TWD.
Taiwan Semiconductor Manufacturing PE ratio by year
Maximum annual increase: 62.98% in 2023
Maximum annual decrease: -59.08% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 28.72 | 47.58% | $197.49 | 223.4 TWD |
| 2023 | 19.46 | 62.98% | $104 | 164.25 TWD |
| 2022 | 11.94 | -59.08% | $74.49 | 191.45 TWD |
| 2021 | 29.18 | -6.2% | $120.31 | 114.2 TWD |
| 2020 | 31.11 | 21.43% | $109.04 | 98.5 TWD |
| 2019 | 25.62 | 58.83% | $58.1 | 68.25 TWD |
| 2018 | 16.13 | -8.92% | $36.91 | 70 TWD |
| 2017 | 17.71 | 22.14% | $39.65 | 66.5 TWD |
| 2016 | 14.5 | 13.1% | $28.75 | 63.95 TWD |
| 2015 | 12.82 | -11.4% | $22.75 | 58.4 TWD |
| 2014 | 14.47 | -1.36% | $22.38 | 49.05 TWD |
| 2013 | 14.67 | -9.5% | $17.44 | 35.5 TWD |
| 2012 | 16.21 | 7.35% | $17.16 | 30.75 TWD |
| 2011 | 15.1 | 28.95% | $12.91 | 25.9 TWD |
| 2010 | 11.71 | -44.79% | $12.54 | 31.2 TWD |
Taiwan Semiconductor Manufacturing PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 23.75 | 8.2% | $226.49 | 278.7 TWD |
| Mar 2025 | 21.95 | -23.57% | $166 | 249.7 TWD |
| Dec 2024 | 28.72 | 6.1% | $197.49 | 223.4 TWD |
| Sep 2024 | 27.07 | -13.57% | $173.67 | 202.65 TWD |
| Jun 2024 | 31.32 | 20.79% | $173.81 | 180.6 TWD |
| Mar 2024 | 25.93 | 33.25% | $136.05 | 167.85 TWD |
| Dec 2023 | 19.46 | 16.67% | $104 | 164.25 TWD |
| Sep 2023 | 16.68 | -3.53% | $86.9 | 168.15 TWD |
| Jun 2023 | 17.29 | 17.14% | $100.92 | 181.6 TWD |
| Mar 2023 | 14.76 | 23.62% | $93.02 | 192.25 TWD |
| Dec 2022 | 11.94 | -6.79% | $74.49 | 191.45 TWD |
| Sep 2022 | 12.81 | -23.11% | $68.56 | 170.2 TWD |
| Jun 2022 | 16.66 | -29.62% | $81.75 | 146.2 TWD |
| Mar 2022 | 23.67 | -18.88% | $104.26 | 126.4 TWD |
| Dec 2021 | 29.18 | 1.89% | $120.31 | 114.2 TWD |
TSM average PE ratio chart
The current PE ratio of TSM is greater than its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 30.8, TSM is below the Technology sector, the industry and its peers average. Compared to its Technology sector average of 32.57, Taiwan Semiconductor Manufacturing's P/E is 5% lower.
TSM PE vs peers
TSM's PE ratio is lower than its peer stocks NVDA and AVGO, but it is greater than QCOM's and AMAT's. Taiwan Semiconductor Manufacturing's current PE ratio of 30.8 is below the average of its peers, which is 40.97.
| Stock name | PE ratio | Market cap |
|---|---|---|
| QCOM Qualcomm Inc | 16.85 | $190.38B |
| AMAT Applied Materials Inc | 28.2 | $189.58B |
| TXN Texas Instruments Inc | 29.56 | $148.26B |
| TSM Taiwan Semiconductor Manufacturing | 30.83 | $1.52T |
| MU Micron Technology Inc | 31.3 | $268.81B |
| LRCX Lam Research Corp | 35.95 | $205.9B |
| NVDA Nvidia Corp | 54.75 | $4.71T |
| AVGO Broadcom Inc | 89.13 | $1.7T |
| AMD Advanced Micro Devices Inc | 140.35 | $398.6B |
| INTC Intel Corp | N/A | $166.63B |
Frequently asked questions
What is Taiwan Semiconductor Manufacturing's PE ratio?
As of Nov 5, 2025, TSM stock has a price to earnings ratio of 30.8.
What is the 3-year average PE ratio for Taiwan Semiconductor Manufacturing (TSM)?
As an average over the last 3 years, TSM stock has a PE ratio of 21.72.
What is the 5-year average PE ratio for Taiwan Semiconductor Manufacturing (TSM)?
As an average over the last 5 years, TSM stock has a PE ratio of 23.45.
What is the highest PE ratio for TSM?
Over the last ten years, the quarterly PE ratio reached a historic high of 32.79 in the Mar 2021 quarter.
How does the current PE ratio for TSM compare to its historical average?
The current price to earnings ratio of TSM is 46% higher than the 10-year historical average.
How is TSM's PE ratio calculated (Taiwan Semiconductor Manufacturing PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), Taiwan Semiconductor Manufacturing's stock price is $293.64. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is 278.7 TWD. Therefore, Taiwan Semiconductor Manufacturing's P/E ratio for today is 30.8. PE RATIO(30.8) = STOCK PRICE($293.64) / TTM EPS(278.7 TWD)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.