TSM
StockTaiwan Semiconductor Manufacturing Company Limited
One email when a drop — in price or in valuation — is historically rare for TSM. Otherwise we stay quiet.
Bigger than its usual dip. Not yet rare.
Taiwan Semiconductor Manufacturing Company Limited is 12.2% off its high — deeper than its 6% average pullback, but it has been through 175 drawdowns before. Not historically significant yet — we'll say so if that changes.
But down is not the same as cheap: Taiwan Semiconductor Manufacturing Company Limited's P/S Severity Score is 0.0 — its valuation sits in or above its typical range.
Moderately Elevated
Current Drawdown
-12.2%
Days in Drawdown
13
Avg Max Drawdown
6.0%
Avg Length
58
Drawdown Severity Score™
2.3
TSM - Price & High Water Mark
TSM - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of June 28, 2026 · updated daily
Where today's valuation sits within TSM's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Taiwan Semiconductor Manufacturing Company Limited has been cheaper on this measure only about 100% of the time in 20 years of daily history.
EV to EBITDA
Taiwan Semiconductor Manufacturing Company Limited has been cheaper on this measure only about 99% of the time in 20 years of daily history.
Taiwan Semiconductor Manufacturing Company Limited (TSM) Analysis: Current Drawdown Insights
Taiwan Semiconductor Manufacturing Company Limited is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-15, the stock is trading at $419.48, which represents a 12.2% decline from its all-time high of $477.57. This drawdown has persisted for 13 days.
Based on its full tracked price history, Taiwan Semiconductor Manufacturing Company Limited typically experiences drawdowns averaging 6.0% in depth, with an average duration of 58 days. Taiwan Semiconductor Manufacturing Company Limited has gone through 175 total drawdown events in its tracked history. The largest drawdown on record for Taiwan Semiconductor Manufacturing Company Limited was 84.6%, beginning in 2000. The longest drawdown duration on record was 4732 days.
The Drawdown Severity Score™ for Taiwan Semiconductor Manufacturing Company Limited currently stands at 2.27. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Taiwan Semiconductor Manufacturing Company Limited's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 175 tracked pullbacks (64 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-07-02 | Ongoing | 13 days | -12.2% | $477.57 | $419.48 | n/a |
| 2026-06-23 | 2026-06-30 | 8 days | -7.6% | $467.67 | $432.35 | $477.57 |
| 2026-06-03 | 2026-06-18 | 16 days | -8.5% | $446.69 | $408.75 | $462.12 |
| 2026-05-29 | 2026-06-01 | 4 days | -1.5% | $424.86 | $418.45 | $435.63 |
| 2026-05-07 | 2026-05-27 | 21 days | -6.4% | $419.50 | $392.61 | $422.73 |
| 2026-04-28 | 2026-05-06 | 9 days | -3.2% | $404.98 | $392.20 | $419.50 |
| 2026-02-26 | 2026-04-24 | 57 days | -18.4% | $387.73 | $316.50 | $402.46 |
| 2026-02-12 | 2026-02-24 | 13 days | -3.7% | $374.21 | $360.39 | $385.75 |
| 2026-01-20 | 2026-02-06 | 18 days | -4.9% | $342.40 | $325.74 | $348.85 |
| 2026-01-13 | 2026-01-15 | 3 days | -1.4% | $331.77 | $327.11 | $341.64 |
| 2026-01-07 | 2026-01-12 | 6 days | -2.9% | $327.43 | $318.01 | $331.77 |
| 2025-12-11 | 2026-01-02 | 23 days | -10.7% | $310.14 | $276.96 | $319.61 |
| 2025-10-30 | 2025-12-10 | 42 days | -9.8% | $305.09 | $275.06 | $310.14 |
| 2025-10-16 | 2025-10-29 | 14 days | -5.2% | $304.71 | $288.88 | $305.09 |
| 2025-10-09 | 2025-10-15 | 7 days | -7.8% | $304.52 | $280.66 | $304.71 |
| 2025-10-07 | 2025-10-08 | 2 days | -2.8% | $302.40 | $294.03 | $304.52 |
| 2025-10-02 | 2025-10-03 | 2 days | -0.1% | $288.47 | $288.11 | $292.19 |
| 2025-09-24 | 2025-10-01 | 8 days | -3.4% | $282.71 | $273.23 | $288.47 |
| 2025-09-19 | 2025-09-22 | 4 days | -1.4% | $268.64 | $264.87 | $272.63 |
| 2025-09-11 | 2025-09-15 | 5 days | -0.6% | $259.62 | $258.10 | $260.56 |
| 2025-07-28 | 2025-09-08 | 43 days | -7.4% | $244.83 | $226.62 | $246.41 |
| 2025-07-18 | 2025-07-25 | 8 days | -4.5% | $244.83 | $233.86 | $244.83 |
| 2025-07-07 | 2025-07-15 | 9 days | -3.0% | $234.06 | $227.14 | $236.20 |
| 2025-06-30 | 2025-07-02 | 3 days | -1.7% | $227.85 | $223.97 | $232.87 |
| 2025-01-24 | 2025-06-26 | 153 days | -36.8% | $222.23 | $140.41 | $223.31 |
| 2025-01-07 | 2025-01-22 | 16 days | -8.5% | $217.67 | $199.22 | $220.83 |
| 2024-12-24 | 2025-01-03 | 11 days | -4.8% | $205.16 | $195.39 | $206.39 |
| 2024-10-18 | 2024-12-23 | 67 days | -12.0% | $203.01 | $178.70 | $205.16 |
| 2024-10-15 | 2024-10-17 | 3 days | -2.6% | $189.56 | $184.55 | $203.01 |
| 2024-07-11 | 2024-10-11 | 93 days | -22.6% | $187.73 | $145.38 | $188.18 |
| 2024-07-09 | 2024-07-10 | 2 days | -1.1% | $183.38 | $181.31 | $187.73 |
| 2024-06-20 | 2024-07-03 | 14 days | -6.6% | $176.57 | $164.89 | $179.32 |
| 2024-06-14 | 2024-06-17 | 4 days | -0.2% | $169.90 | $169.51 | $174.16 |
| 2024-06-11 | 2024-06-12 | 2 days | -1.5% | $164.72 | $162.32 | $169.44 |
| 2024-06-06 | 2024-06-07 | 2 days | -0.5% | $159.58 | $158.75 | $161.02 |
| 2024-05-28 | 2024-06-05 | 9 days | -5.6% | $156.72 | $147.95 | $159.58 |
| 2024-05-16 | 2024-05-22 | 7 days | -2.5% | $152.39 | $148.57 | $152.95 |
| 2024-05-13 | 2024-05-14 | 2 days | -1.9% | $146.20 | $143.41 | $148.84 |
| 2024-03-08 | 2024-05-10 | 63 days | -14.1% | $145.55 | $125.08 | $146.20 |
| 2024-03-05 | 2024-03-06 | 2 days | -2.4% | $134.88 | $131.67 | $138.11 |
| 2022-01-18 | 2024-03-04 | 777 days | -56.5% | $131.76 | $57.36 | $134.88 |
| 2021-02-17 | 2022-01-13 | 331 days | -22.4% | $129.13 | $100.15 | $130.38 |
| 2021-02-12 | 2021-02-16 | 5 days | -0.8% | $128.31 | $127.30 | $129.13 |
| 2021-01-22 | 2021-02-11 | 21 days | -9.4% | $123.70 | $112.05 | $128.31 |
| 2021-01-20 | 2021-01-21 | 2 days | -0.5% | $121.06 | $120.46 | $123.70 |
| 2021-01-15 | 2021-01-19 | 5 days | -1.0% | $116.59 | $115.47 | $121.06 |
| 2021-01-13 | 2021-01-14 | 2 days | -3.1% | $113.41 | $109.93 | $116.59 |
| 2021-01-08 | 2021-01-11 | 4 days | -2.3% | $111.96 | $109.44 | $113.04 |
| 2020-12-29 | 2020-12-30 | 2 days | -0.6% | $97.87 | $97.33 | $100.41 |
| 2020-12-08 | 2020-12-24 | 17 days | -2.7% | $97.68 | $95.09 | $97.71 |
| 2020-12-02 | 2020-12-04 | 3 days | -1.3% | $92.61 | $91.36 | $95.24 |
| 2020-01-15 | 2020-07-06 | 173 days | -26.5% | $54.18 | $39.79 | $56.52 |
| 2019-04-24 | 2019-07-22 | 90 days | -17.1% | $38.95 | $32.29 | $39.50 |
| 2018-09-25 | 2019-04-18 | 206 days | -23.5% | $38.50 | $29.47 | $38.94 |
| 2018-01-23 | 2018-09-07 | 227 days | -20.6% | $38.37 | $30.46 | $38.49 |
| 2015-04-28 | 2016-03-04 | 312 days | -23.8% | $19.02 | $14.49 | $19.04 |
| 2014-07-15 | 2014-11-20 | 129 days | -14.2% | $16.96 | $14.55 | $17.04 |
| 2013-05-10 | 2014-03-31 | 326 days | -19.9% | $14.39 | $11.53 | $14.66 |
| 2000-02-04 | 2013-01-17 | 4732 days | -84.6% | $12.95 | $1.99 | $13.00 |
| 2000-01-26 | 2000-02-03 | 9 days | -20.8% | $12.36 | $9.79 | $12.95 |
| 1999-09-13 | 1999-10-29 | 47 days | -13.9% | $6.36 | $5.47 | $6.53 |
| 1999-07-02 | 1999-08-12 | 42 days | -19.3% | $5.31 | $4.29 | $5.57 |
| 1999-04-27 | 1999-06-03 | 38 days | -21.1% | $4.28 | $3.37 | $4.35 |
| 1999-01-19 | 1999-03-15 | 56 days | -18.6% | $3.45 | $2.81 | $3.58 |
| 1997-10-13 | 1999-01-15 | 460 days | -53.4% | $3.29 | $1.53 | $3.45 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Taiwan Semiconductor Manufacturing Company Limited (TSM) is trading at $419.48 as of Jul 15, 2026. It is 12.2% below its high of $477.57. The drawdown has lasted 13 days. Severity score: 2.3 (Moderately Elevated).
TSM Price History and Drawdown Data
Latest price
$419.48
High-water mark
$477.57
Current drawdown
-12.2%
Days in drawdown
13
This TSM page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Taiwan Semiconductor Manufacturing Company Limited drawdowns.
What History Says About TSM
Taiwan Semiconductor Manufacturing Company Limited has dropped 25%+ from its high 5 times in its tracked history. These events lasted an average of 1259 days with an average max drop of -51.6%.
The current drawdown of -12.2% has lasted 13 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Feb 2000 to Jan 2013 | -84.6% | 4732 days |
| Jan 2022 to Mar 2024 | -56.5% | 777 days |
| Oct 1997 to Jan 1999 | -53.4% | 460 days |
| Jan 2025 to Jun 2025 | -36.8% | 153 days |
| Jan 2020 to Jul 2020 | -26.5% | 173 days |
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