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Taiwan Semiconductor Manufacturing Co (MIC:TSM-RM) Shiller PE Ratio : (As of Jul. 22, 2025)


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What is Taiwan Semiconductor Manufacturing Co Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiwan Semiconductor Manufacturing Co Shiller PE Ratio Historical Data

The historical data trend for Taiwan Semiconductor Manufacturing Co's Shiller PE 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 Shiller PE Ratio Chart

Taiwan Semiconductor Manufacturing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.24 42.36 24.10 27.52 42.41

Taiwan Semiconductor Manufacturing Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
Shiller PE 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 41.36 39.38 42.41 34.13 38.03

Competitive Comparison of Taiwan Semiconductor Manufacturing Co's Shiller PE Ratio

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

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

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


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Taiwan Semiconductor Manufacturing Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Taiwan Semiconductor Manufacturing Co's E10 for the quarter that ended in Jun. 2025 is calculated as:

For example, Taiwan Semiconductor Manufacturing Co's adjusted earnings per share data for the three months ended in Jun. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=2.248/135.3468*135.3468
=2.248

Current CPI (Jun. 2025) = 135.3468.

Taiwan Semiconductor Manufacturing Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201509 0.397 100.392 0.535
201512 0.374 99.792 0.507
201603 0.344 100.470 0.463
201606 0.386 101.688 0.514
201609 0.528 101.861 0.702
201612 0.557 101.863 0.740
201703 0.516 102.862 0.679
201706 0.376 103.349 0.492
201709 0.483 104.136 0.628
201712 0.550 104.011 0.716
201803 0.481 105.290 0.618
201806 0.397 106.317 0.505
201809 0.480 106.507 0.610
201812 0.551 105.998 0.704
201903 0.340 107.251 0.429
201906 0.363 108.070 0.455
201909 0.570 108.329 0.712
201912 0.665 108.420 0.830
202003 0.677 108.902 0.841
202006 0.698 108.767 0.869
202009 0.771 109.815 0.950
202012 0.762 109.897 0.938
202103 0.801 111.754 0.970
202106 0.774 114.631 0.914
202109 0.924 115.734 1.081
202112 0.997 117.630 1.147
202203 1.249 121.301 1.394
202206 1.460 125.017 1.581
202209 1.749 125.227 1.890
202212 1.757 125.222 1.899
202303 1.220 127.348 1.297
202306 1.049 128.729 1.103
202309 1.190 129.860 1.240
202312 1.351 129.419 1.413
202403 1.263 131.776 1.297
202406 1.372 132.554 1.401
202409 1.768 133.029 1.799
202412 2.033 133.157 2.066
202503 1.955 134.927 1.961
202506 2.248 135.347 2.248

Add all the adjusted EPS together and divide 10 will get our E10.

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  (MIC:TSM-RM) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Taiwan Semiconductor Manufacturing Co Shiller PE 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.

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