TSM
Taiwan Semiconductor Manufacturing
PEG ratio, current and historical analysis
- Stocks
- Technology
- NYSE: TSM
- PEG Ratio
As of Jul 14, 2026, TSM's PEG ratio of 0.77 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 36.57 measured against EPS growth of 47.4%. When benchmarked against the trailing 4-quarter average of 0.56, TSM's PEG ratio reflects a 37% increase.
TSM PEG ratio history
Taiwan Semiconductor Manufacturing's ten years historical PEG ratio averages out to 1.21. Compared to historical data, TSM's 0.77 PEG ratio represents a decrease of 36%. 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.
Taiwan Semiconductor Manufacturing PEG ratio by year
| 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% |
Taiwan Semiconductor Manufacturing PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 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% |
| Sep 2022 | 0.23 | 12.81 | 55.9% |
TSM average PEG ratio chart
TSM's PEG ratio today is above the 3-year average, yet it comes in under the 5 and 10-year averages.
PEG comparison
With a PEG of 0.77, TSM ranks higher than the Technology sector and the industry average but lower than its peers average. But in comparison with the Technology sector average of 0.74, Taiwan Semiconductor Manufacturing's PEG is only 4.1% higher.
TSM EPS growth
TSM PEG vs peers
Relative to its peers, TSM's PEG ratio is below AMD's and AMAT's yet above NVDA's and AVGO's. Taiwan Semiconductor Manufacturing's PEG ratio of 0.77 is below the peer average of 0.92.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| MU Micron Technology Inc | 0.03 | $1T |
| NVDA Nvidia Corp | 0.29 | $5.01T |
| AVGO Broadcom Inc | 0.5 | $1.86T |
| TSM Taiwan Semiconductor Manufacturing | 0.76 | $2.15T |
| LRCX Lam Research Corp | 1.28 | $404.57B |
| AMD Advanced Micro Devices Inc | 1.35 | $843.92B |
| AMAT Applied Materials Inc | 1.79 | $446.14B |
| TXN Texas Instruments Inc | 4.91 | $270.12B |
| INTC Intel Corp | N/A | $506.62B |
| QCOM Qualcomm Inc | N/A | $185.51B |
Frequently asked questions
What is Taiwan Semiconductor Manufacturing's PEG ratio?
TSM has a PEG ratio of 0.77, per Jul 14, 2026 data.
What is the 3-year average PEG ratio for Taiwan Semiconductor Manufacturing (TSM)?
Across the past 3 years, TSM's PEG ratio has centered around 0.69.
What is the 5-year average PEG ratio for Taiwan Semiconductor Manufacturing (TSM)?
Across the past 5 years, TSM's PEG ratio has centered around 0.78.
What is the highest PEG ratio for TSM?
The Dec 2017 quarter marked the ten years high at 4.43 for TSM's PEG ratio.
How does the current PEG ratio for TSM compare to its historical average?
At present, TSM's PEG ratio runs 36% lower than its 10-year historical average.
How is TSM's PEG ratio calculated (Taiwan Semiconductor Manufacturing PEG ratio formula)?
PEG equals PE divided by EPS growth rate (YoY TTM). As of Jul 14, 2026, Taiwan Semiconductor Manufacturing carries a PE ratio of 36.57. Earnings grew at 47.4% over the TTM period ending Mar 2026. Applying the formula, this yields a PEG ratio of 0.77. PEG RATIO(0.77) = PE RATIO(36.57) / EPS GROWTH(47.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.