Taiwan Semiconductor Manufacturing Company Ltd.

TSM Technology Semiconductors

Taiwan Semiconductor Manufacturing Company Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $121.4 billion, up 37.6% from fiscal 2024.

Revenue
+32.7%
EPS
+74.5%
Free cash flow
+24.6%
Total debt
+2.92%

Quarter to June 2026, against a year earlier

373.59 20.49 +5.80%
Market cap
$1.83T
P/E
25.7×
Fwd P/E
—
Dividend yield
1.06%
F-score
8/9
Altman Z
14.22
Beneish M
−1.87
Dividend safety
80/100

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Taiwan Semiconductor Manufacturing Company Ltd. (TSM) trades at a P/B ratio of 9.0×. Over the past ten years it has ranged from 0.4× (July 2017) to 12.9× (June 2026); the current reading is higher than 89% of that period. That is above the Semiconductors industry median of 3.9× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 9.2× 16.75%
FY2024 7.8× 68.11%
FY2023 4.7× 15.43%
FY2022 4.0× (49.73%)
FY2021 8.0× (7.00%)
FY2020 8.6× 54.95%
FY2019 5.6× 58.26%
FY2018 3.5× (16.40%)
FY2017 4.2× 16.50%
FY2016 3.6× 18.22%

Quarterly newest first

Period P/B ratio Change
Jun 2026 12.1× 29.08%
Mar 2026 9.3× 2.05%
Dec 2025 9.2× 6.38%
Sep 2025 8.6× 10.01%
42 more quarters

Against its own ten years

Low 0.4× High 12.9×
Ten-year median 4.9×
Current reading's percentile 88

P/B ratio against peers

Company P/B ratio
INTC Intel Corporation compare 2.7×
SKHY SK Hynix, Inc. - Sponsored ADR compare 4.9×
MU Micron Technology, Inc. compare 5.5×
TSM Taiwan Semiconductor Manufacturing Company Ltd. 9.0×
AMD Advanced Micro Devices, Inc. compare 9.9×
TXN Texas Instruments Incorporated compare 13.4×
AVGO Broadcom Inc. compare 14.2×
NVDA NVIDIA Corporation compare 19.4×
ARM ARM Holdings PLC Sponsored ADR compare 21.0×
Semiconductors industry median 3.9×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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