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Taiwan Semiconductor Manufacturing Co PB Ratio

: 5.79 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2022-08-12), Taiwan Semiconductor Manufacturing Co's share price is $90.94. Taiwan Semiconductor Manufacturing Co's Book Value per Share for the quarter that ended in Mar. 2022 was $15.70. Hence, Taiwan Semiconductor Manufacturing Co's PB Ratio of today is 5.79.

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

TSM' s PB Ratio Range Over the Past 10 Years
Min: 2.82   Med: 3.69   Max: 9.21
Current: 5.85

During the past 13 years, Taiwan Semiconductor Manufacturing Co's highest PB Ratio was 9.21. The lowest was 2.82. And the median was 3.69.

TSM's PB Ratio is ranked worse than
79.54% of 904 companies
in the Semiconductors industry
Industry Median: 2.44 vs TSM: 5.85

During the past 12 months, Taiwan Semiconductor Manufacturing Co's average Book Value Per Share Growth Rate was 19.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Taiwan Semiconductor Manufacturing Co was 41.80% per year. The lowest was 2.30% per year. And the median was 12.20% per year.

Back to Basics: PB Ratio


Taiwan Semiconductor Manufacturing Co PB Ratio Historical Data

The historical data trend for Taiwan Semiconductor Manufacturing Co's PB 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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.12 3.55 5.65 8.69 8.06

Taiwan Semiconductor Manufacturing Co Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 8.94 8.74 7.73 8.06 6.64

Competitive Comparison

For the Semiconductors subindustry, Taiwan Semiconductor Manufacturing Co's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution

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

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



Taiwan Semiconductor Manufacturing Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Taiwan Semiconductor Manufacturing Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2022)
=90.94/15.697
=5.79

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Taiwan Semiconductor Manufacturing Co  (NYSE:TSM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Taiwan Semiconductor Manufacturing Co PB Ratio Related Terms

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Taiwan Semiconductor Manufacturing Co Business Description

Taiwan Semiconductor Manufacturing Co logo
Address
No. 8, Li-Hsin Road 6, Hsinchu Science Park, Hsinchu, TWN, 300-096
Taiwan Semiconductor Manufacturing Company, or TSMC, is the world's largest dedicated chip foundry, with over 58% market share in 2020 per Gartner. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public as an ADR in the U.S. 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.

Taiwan Semiconductor Manufacturing Co Headlines

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