Which has the lower trailing P/E, AAPL or TSM?

TSM has the lower trailing P/E: AAPL trades at 40.74 and TSM at 28.90. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AAPL or TSM?

Over the past five years, TSM grew revenue faster — AAPL at a 6.76% CAGR versus TSM at 22.50%.

Does AAPL or TSM pay a bigger dividend?

AAPL yields 0.31% and TSM yields 0.88% based on trailing dividends and the latest price.

Is AAPL or TSM more profitable?

TSM runs the higher net margin — AAPL at 27.15% versus TSM at 50.32%.

How have AAPL and TSM total returns compared?

Over the past 10 years, AAPL delivered 30.55% and TSM delivered 32.46% annualized total return. Past performance doesn't predict future results.

Apple Inc. (AAPL) vs Taiwan Semiconductor Manufacturing Company Limited (TSM)

A side-by-side comparison of Apple Inc. and Taiwan Semiconductor Manufacturing Company Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

AAPL

Apple Inc.

$4.99T

$340.08TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

TSM

Taiwan Semiconductor Manufacturing Company Limited

$2.03T

$392.31TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — AAPL vs TSM

growth of $100 · dividends reinvested · last 29y

AAPL +203952.0%TSM +14454.2%AAPL compounded faster

Log scale — wide-divergence pair

AAPL TSM

AAPL vs TSM: by the numbers

•AAPL is the larger company ($4.99T vs $2.03T market cap).
•TSM trades at the lower trailing earnings multiple (28.90 vs 40.74 P/E), one valuation lens rather than an overall verdict.
•TSM converts more revenue to profit (50.32% vs 27.15% net margin).
•TSM grew revenue faster over the past five years (22.50% vs 6.76% CAGR).
•TSM pays the higher dividend yield (0.88% vs 0.31%).

Metrics side by side

Valuation

Metric	AAPL	TSM
P/E ratio	40.74	28.90
Forward P/E	38.46	N/A
P/S ratio	11.02	14.63
P/B ratio	46.72	10.26
PEG ratio	1.51	0.65
EV / EBITDA	31.40	19.80
FCF yield	2.60%	1.82%

Profitability

Metric	AAPL	TSM
Gross margin	47.86%	64.17%
Operating margin	32.64%	55.97%
Net margin	27.15%	50.32%
ROE	115.10%	35.29%
ROIC	51.97%	25.10%

Dividends

Metric	AAPL	TSM
Dividend yield	0.31%	0.88%
Payout ratio	14.02%	32.94%

Growth (annualized)

Metric	AAPL	TSM
Revenue CAGR (5Y)	6.76%	22.50%
EPS CAGR (5Y)	17.73%	25.67%
FCF CAGR (5Y)	7.38%	33.46%
Total return CAGR (5Y)	18.69%	29.33%

Frequently asked

Which has the lower trailing P/E, AAPL or TSM?: TSM has the lower trailing P/E: AAPL trades at 40.74 and TSM at 28.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AAPL or TSM?: Over the past five years, TSM grew revenue faster — AAPL at a 6.76% CAGR versus TSM at 22.50%.
Does AAPL or TSM pay a bigger dividend?: AAPL yields 0.31% and TSM yields 0.88% based on trailing dividends and the latest price.
Is AAPL or TSM more profitable?: TSM runs the higher net margin — AAPL at 27.15% versus TSM at 50.32%.
How have AAPL and TSM total returns compared?: Over the past 10 years, AAPL delivered 30.55% and TSM delivered 32.46% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AAPL analysis Full TSM analysis Interactive comparison tool

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.