Taiwan Semiconductor Manufacturing Co (BSP:TSMC34) Cyclically Adjusted Revenue per Share: R$11.24 (As of Jun. 2026)

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BSP:TSMC34 Taiwan Semiconductor Manufacturing Co Ltd BSP:TSMC34
84 GF Score
Price R$253.77
GF Value R$189.45
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Taiwan Semiconductor Manufacturing Co Cyclically Adjusted Revenue per Share?

Taiwan Semiconductor Manufacturing Co BSP:TSMC34 -3.36% 84 Cyclically Adjusted Revenue per Share is R$11.24 as of Jun. 2026. GuruFocus rates BSP:TSMC34 with a GF Score™ of 84/100 and a GF Value™ of R$189.45 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Jun. 2026 was R$4.962. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is R$11.24 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Taiwan Semiconductor Manufacturing Co's average Cyclically Adjusted Revenue Growth Rate was 21.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 15.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 17.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 15.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Taiwan Semiconductor Manufacturing Co was 18.10% per year. The lowest was 9.60% per year. And the median was 12.40% per year.

As of today (2026-07-18), Taiwan Semiconductor Manufacturing Co's current stock price is R$253.77. Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$11.24. Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted PS Ratio of today is 22.58.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taiwan Semiconductor Manufacturing Co was 28.88. The lowest was 7.47. And the median was 10.43.


Taiwan Semiconductor Manufacturing Co  (BSP:TSMC34) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=253.77/11.24
=22.58

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Taiwan Semiconductor Manufacturing Co was 28.88. The lowest was 7.47. And the median was 10.43.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Taiwan Semiconductor Manufacturing Co Cyclically Adjusted Revenue per Share Related Terms


Taiwan Semiconductor Manufacturing Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share 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.

Taiwan Semiconductor Manufacturing Co Cyclically Adjusted Revenue per Share Chart

Taiwan Semiconductor Manufacturing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 5.60 6.14 9.57 10.43

Taiwan Semiconductor Manufacturing Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 10.58 10.82 10.43 10.38 11.24

BSP:TSMC34 vs NVDA, AVGO, MU: Cyclically Adjusted Revenue per Share Comparison

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 Cyclically Adjusted PS Ratio vs 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.


BSP:TSMC34
84GF Score
Taiwan Semiconductor Manufacturing Co Ltd BSP:TSMC34
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Semiconductor Manufacturing Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Taiwan Semiconductor Manufacturing Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.962/333.9520*333.9520
=4.962

Current CPI (Jun. 2026) = 333.9520.

Taiwan Semiconductor Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.649 241.428 0.898
201612 0.662 241.432 0.916
201703 0.575 243.801 0.788
201706 0.561 244.955 0.765
201709 0.632 246.819 0.855
201712 0.736 246.524 0.997
201803 0.671 249.554 0.898
201806 0.705 251.989 0.934
201809 0.839 252.439 1.110
201812 0.881 251.233 1.171
201903 0.656 254.202 0.862
201906 0.716 256.143 0.934
201909 0.936 256.759 1.217
201912 1.037 256.974 1.348
202003 1.214 258.115 1.571
202006 1.310 257.797 1.697
202009 1.589 260.280 2.039
202012 1.590 260.474 2.039
202103 1.741 264.877 2.195
202106 1.624 271.696 1.996
202109 1.903 274.310 2.317
202112 2.152 278.802 2.578
202203 2.072 287.504 2.407
202206 2.195 296.311 2.474
202209 2.478 296.808 2.788
202212 2.580 296.797 2.903
202303 2.091 301.836 2.313
202306 1.824 305.109 1.996
202309 2.031 307.789 2.204
202312 2.364 306.746 2.574
202403 2.245 312.332 2.400
202406 2.701 314.175 2.871
202409 3.173 315.301 3.361
202412 3.921 315.605 4.149
202503 3.532 319.799 3.688
202506 4.213 322.561 4.362
202509 4.214 324.800 4.333
202512 4.387 324.054 4.521
202603 4.485 330.213 4.536
202606 4.962 333.952 4.962

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

What does a Cyclically Adjusted Revenue per Share of R$11.24 mean?
Taiwan Semiconductor Manufacturing Co (BSP:TSMC34) has a Cyclically Adjusted Revenue per Share of R$11.24 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors.
Is Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share too high?
Taiwan Semiconductor Manufacturing Co's current Cyclically Adjusted Revenue per Share is R$11.24. Overall, Taiwan Semiconductor Manufacturing Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share compare to NVDA and AVGO?
Taiwan Semiconductor Manufacturing Co's Cyclically Adjusted Revenue per Share of R$11.24 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors. Taiwan Semiconductor Manufacturing Co's current Cyclically Adjusted Revenue per Share is R$11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Semiconductor Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co (BSP:TSMC34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$189.45, compared to a current price of R$253.77 — trading 34% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is R$11.24. Taiwan Semiconductor Manufacturing Co's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Taiwan Semiconductor Manufacturing Co (BSP:TSMC34), the current Cyclically Adjusted Revenue per Share is R$11.24 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Taiwan Semiconductor Manufacturing Co (BSP:TSMC34) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co stock appears to be overvalued. The current stock price of R$253.77 is trading 34% above its estimated GF Value™ of R$189.45. GuruFocus considers Taiwan Semiconductor Manufacturing Co to be Significantly Overvalued.

Key valuation signals for BSP:TSMC34:

  • Cyclically Adjusted Revenue per Share: R$11.24
  • GF Value™: R$189.45 vs. price of R$253.77 (34% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the BSP:TSMC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 about 70% market share in 2025. 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 base of customers, including Apple, AMD, and Nvidia, that look to apply its cutting-edge process technologies to their semiconductor designs. TSMC employs more than 83,000 people.
84GF Score

Get the complete analysis for BSP:TSMC34

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$253.77
Price
R$189.45
GF Value