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

TSM has the lower trailing P/E: AAPL trades at 38.06 and TSM at 31.37. 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 6.10% CAGR versus TSM at 22.50%.

Does AAPL or TSM pay a bigger dividend?

AAPL yields 0.32% and TSM yields 0.82% based on trailing dividends and the latest price.

Is AAPL or TSM more profitable?

TSM runs the higher net margin — AAPL at 27.62% versus TSM at 50.32%.

How have AAPL and TSM total returns compared?

Over the past 10 years, AAPL delivered 30.06% and TSM delivered 33.49% 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 September 10, 2026. Differences are shown without an overall score or investment verdict.

AAPL

Apple Inc.

$4.88T

$332.27TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

TSM

Taiwan Semiconductor Manufacturing Company Limited

$2.25T

$433.24TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — AAPL vs TSM

growth of $100 · dividends reinvested · last 10y

AAPL +1157.2% (+28.8%/yr)TSM +1624.5% (+32.9%/yr)TSM compounded faster over this window

AAPL TSM

AAPL vs TSM: by the numbers

•AAPL is the larger company ($4.88T vs $2.25T market cap).
•TSM trades at the lower trailing earnings multiple (31.37 vs 38.06 P/E), one valuation lens rather than an overall verdict.
•TSM converts more revenue to profit (50.32% vs 27.62% net margin).
•TSM grew revenue faster over the past five years (22.50% vs 6.10% CAGR).
•TSM pays the higher dividend yield (0.82% vs 0.32%).

Metrics side by side

Valuation

Metric	AAPL	TSM
P/E ratio	38.06	31.37
Forward P/E	37.62	N/A
P/S ratio	10.45	15.88
P/B ratio	45.39	11.14
EV / EBITDA	29.32	21.58
FCF yield	2.80%	1.68%

Profitability

Metric	AAPL	TSM
Gross margin	48.65%	64.17%
Operating margin	33.17%	55.97%
Net margin	27.62%	50.32%
ROE	119.91%	35.29%
ROIC	51.87%	27.56%

Dividends

Metric	AAPL	TSM
Dividend yield	0.32%	0.82%
Payout ratio	12.14%	25.31%

Growth (annualized)

Metric	AAPL	TSM
Revenue CAGR (5Y)	6.10%	22.50%
EPS CAGR (5Y)	17.73%	25.67%
FCF CAGR (5Y)	7.60%	33.46%
Total return CAGR (5Y)	17.58%	30.04%

Frequently asked

Which has the lower trailing P/E, AAPL or TSM?: TSM has the lower trailing P/E: AAPL trades at 38.06 and TSM at 31.37. 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 6.10% CAGR versus TSM at 22.50%.
Does AAPL or TSM pay a bigger dividend?: AAPL yields 0.32% and TSM yields 0.82% based on trailing dividends and the latest price.
Is AAPL or TSM more profitable?: TSM runs the higher net margin — AAPL at 27.62% versus TSM at 50.32%.
How have AAPL and TSM total returns compared?: Over the past 10 years, AAPL delivered 30.06% and TSM delivered 33.49% 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 September 10, 2026.