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Taiwan Semiconductor Manufacturing Co (BUE:TSM) Cyclically Adjusted PS Ratio : 13.35 (As of May. 22, 2025)


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What is Taiwan Semiconductor Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2025-05-22), Taiwan Semiconductor Manufacturing Co's current share price is ARS24750.00. Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was ARS1,853.39. Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio for today is 13.35.

The historical rank and industry rank for Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:TSM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.49   Med: 9.86   Max: 18.66
Current: 14.24

During the past years, Taiwan Semiconductor Manufacturing Co's highest Cyclically Adjusted PS Ratio was 18.66. The lowest was 6.49. And the median was 9.86.

BUE:TSM's Cyclically Adjusted PS Ratio is ranked worse than
92.54% of 684 companies
in the Semiconductors industry
Industry Median: 1.895 vs BUE:TSM: 14.24

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Taiwan Semiconductor Manufacturing Co's adjusted revenue per share data for the three months ended in Mar. 2025 was ARS3,138.823. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS1,853.39 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Semiconductor Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Taiwan Semiconductor Manufacturing Co Cyclically Adjusted PS Ratio Chart

Taiwan Semiconductor Manufacturing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.16 14.77 8.86 10.29 16.15

Taiwan Semiconductor Manufacturing Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.89 15.52 14.88 16.15 13.08

Competitive Comparison of Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio falls into.


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Taiwan Semiconductor Manufacturing Co Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24750.00/1853.39
=13.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Taiwan Semiconductor Manufacturing Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3138.823/134.9266*134.9266
=3,138.823

Current CPI (Mar. 2025) = 134.9266.

Taiwan Semiconductor Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 6.990 100.684 9.367
201509 7.076 100.392 9.510
201512 9.295 99.792 12.568
201603 10.549 100.470 14.167
201606 11.106 101.688 14.736
201609 14.287 101.861 18.925
201612 15.029 101.863 19.907
201703 13.613 102.862 17.856
201706 13.479 103.349 17.597
201709 16.964 104.136 21.980
201712 20.474 104.011 26.560
201803 19.796 105.290 25.368
201806 22.368 106.317 28.387
201809 36.073 106.507 45.699
201812 41.065 105.998 52.272
201903 32.055 107.251 40.327
201906 39.823 108.070 49.720
201909 61.014 108.329 75.994
201912 72.502 108.420 90.227
202003 74.024 108.902 91.714
202006 82.972 108.767 102.927
202009 104.857 109.815 128.835
202012 120.716 109.897 148.210
202103 133.611 111.754 161.315
202106 146.818 114.631 172.812
202109 169.222 115.734 197.284
202112 184.512 117.630 211.644
202203 214.568 121.301 238.670
202206 251.205 125.017 271.117
202209 315.141 125.227 339.552
202212 395.838 125.222 426.516
202303 380.724 127.348 403.382
202306 432.932 128.729 453.776
202309 690.829 129.860 717.785
202312 835.926 129.419 871.497
202403 1,822.769 131.776 1,866.346
202406 2,155.167 132.554 2,193.746
202409 2,614.483 133.029 2,651.779
202412 3,115.083 133.157 3,156.479
202503 3,138.823 134.927 3,138.823

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Taiwan Semiconductor Manufacturing Co  (BUE:TSM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Taiwan Semiconductor Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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Taiwan Semiconductor Manufacturing Co Business Description

Address
No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, TWN, 300-096
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with mid-60s market share in 2024. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public in Taiwan in 1994 and as an ADR in the US in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious customer base, including Apple, AMD, and Nvidia, that looks to apply cutting-edge process technologies to its semiconductor designs. TSMC employs more than 73,000 people.