Large-cap Technology company Taiwan Semiconductor Manufacturing has moved -1.5% so far today on a volume of 19,968,323, compared to its average of 13,517,150. In contrast, the S&P 500 index moved 1.0%.
Taiwan Semiconductor Manufacturing trades -12.33% away from its average analyst target price of $241.24 per share. The 16 analysts following the stock have set target prices ranging from $180.0 to $273.0, and on average have given Taiwan Semiconductor Manufacturing a rating of buy.
If you are considering an investment in TSM, you'll want to know the following:
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Taiwan Semiconductor Manufacturing's current price is 824.4% above its Graham number of $22.88, which implies that at its current valuation it does not offer a margin of safety
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Taiwan Semiconductor Manufacturing has moved 87.1% over the last year, and the S&P 500 logged a change of 23.6%
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Based on its trailing earnings per share of 6.15, Taiwan Semiconductor Manufacturing has a trailing 12 month Price to Earnings (P/E) ratio of 34.4 while the S&P 500 average is 29.3
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TSM has a forward P/E ratio of 26.2 based on its forward 12 month price to earnings (EPS) of $8.08 per share
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Its Price to Book (P/B) ratio is 1.37 compared to its sector average of 3.91
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Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally.