As of Aug 15, 2026, TSM's PEG ratio of 0.6 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 31.8 measured against EPS growth of 53.4%. When benchmarked against the trailing 4-quarter average of 0.62, TSM's PEG ratio reflects a 3.2% decrease.
Taiwan Semiconductor Manufacturing's ten years historical PEG ratio averages out to 1.19. Compared to historical data, TSM's 0.6 PEG ratio represents a decrease of 50%. TSM hit its maximum PEG ratio of 4.43 during the Dec 2017 quarter over the last ten years. The Dec 2022 quarter marked the lowest reading at 0.18, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.62 | 29.03 | 46.5% |
| 2024 | 0.8 | 28.72 | 36% |
| 2023 | N/A | 19.46 | -14.2% |
| 2022 | 0.18 | 11.94 | 67.6% |
| 2021 | 1.84 | 29.18 | 15.9% |
| 2020 | 0.7 | 31.11 | 44.3% |
| 2019 | N/A | 25.62 | -2.5% |
| 2018 | 3.04 | 16.13 | 5.3% |
| 2017 | 4.43 | 17.71 | 4% |
| 2016 | 1.53 | 14.5 | 9.5% |
| 2015 | 0.67 | 12.82 | 19.1% |
| 2014 | 0.38 | 14.47 | 38.2% |
| 2013 | 0.95 | 14.67 | 15.4% |
| 2012 | 0.87 | 16.21 | 18.7% |
| 2011 | N/A | 15.1 | -17% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.67 | 35.62 | 53.4% |
| Mar 2026 | 0.62 | 29.4 | 47.4% |
| Dec 2025 | 0.62 | 29.03 | 46.5% |
| Sep 2025 | 0.57 | 28.08 | 49.6% |
| Jun 2025 | 0.44 | 23.75 | 54.3% |
| Mar 2025 | 0.45 | 21.95 | 48.8% |
| Dec 2024 | 0.8 | 28.72 | 36% |
| Sep 2024 | 1.32 | 27.07 | 20.5% |
| Jun 2024 | N/A | 31.32 | -0.6% |
| Mar 2024 | N/A | 25.93 | -12.7% |
| Dec 2023 | N/A | 19.46 | -14.2% |
| Sep 2023 | N/A | 16.68 | -1.2% |
| Jun 2023 | 0.71 | 17.29 | 24.2% |
| Mar 2023 | 0.28 | 14.76 | 52.1% |
| Dec 2022 | 0.18 | 11.94 | 67.6% |
TSM's PEG ratio today comes in under the 3, 5 and 10-year averages.
With a PEG of 0.6, TSM ranks lower than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 0.74, Taiwan Semiconductor Manufacturing's PEG is 19% lower.
Relative to its peers, TSM's PEG ratio is below AMD's and LRCX's yet above NVDA's and AVGO's. Taiwan Semiconductor Manufacturing's PEG ratio of 0.6 is below the peer average of 1.02.
TSM has a PEG ratio of 0.6, per Aug 15, 2026 data.
Across the past 3 years, TSM's PEG ratio has centered around 0.69.
Across the past 5 years, TSM's PEG ratio has centered around 0.77.
The Dec 2017 quarter marked the ten years high at 4.43 for TSM's PEG ratio.
At present, TSM's PEG ratio runs 50% lower than its 10-year historical average.
PEG equals PE divided by EPS growth rate (YoY TTM). As of Aug 15, 2026, Taiwan Semiconductor Manufacturing carries a PE ratio of 31.8. Earnings grew at 53.4% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 0.6. PEG RATIO(0.6) = PE RATIO(31.8) / EPS GROWTH(53.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.