After TSMC FY22 YOY 68% Earnings Growth(FY22 EPS $$6.30), even if TSMC FY23 YOY Earnings Growth is ~30%(FY23 EPS $8.20), it will be very difficult for TSM’s PE to not hit 35, sometime in FY 23, which will put TSM’s price near $300. Especially since TSM’srecent peak PE of 43 was Feb. 2021.$Taiwan Semiconductor Manufacturing(TSM)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
K