ASX PE Ratio & Valuation,Is ASX Overvalued

ASX Relative Valuation

ASX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ASX is overvalued; if below, it's undervalued.

Historical Valuation

ASE Technology Holding Co Ltd (ASX) is now in the Overvalued zone, suggesting that its current forward PE ratio of 21.87 is considered Overvalued compared with the five-year average of 12.24. The fair price of ASE Technology Holding Co Ltd (ASX) is between 10.47 to 14.98 according to relative valuation methord. Compared to the current price of 17.62 USD , ASE Technology Holding Co Ltd is Overvalued By 17.61%.

Relative Value

Fair Zone

10.47-14.98

Current Price：17.62

17.61%

Overvalued

21.87

8.98

EV/EBITDA

ASE Technology Holding Co Ltd. (ASX) has a current EV/EBITDA of 8.98. The 5-year average EV/EBITDA is 5.81. The thresholds are as follows: Strongly Undervalued below 3.61, Undervalued between 3.61 and 4.71, Fairly Valued between 6.91 and 4.71, Overvalued between 6.91 and 8.01, and Strongly Overvalued above 8.01. The current Forward EV/EBITDA of 8.98 falls within the Strongly Overvalued range.

20.82

EV/EBIT

ASE Technology Holding Co Ltd. (ASX) has a current EV/EBIT of 20.82. The 5-year average EV/EBIT is 12.41. The thresholds are as follows: Strongly Undervalued below 5.46, Undervalued between 5.46 and 8.93, Fairly Valued between 15.88 and 8.93, Overvalued between 15.88 and 19.36, and Strongly Overvalued above 19.36. The current Forward EV/EBIT of 20.82 falls within the Strongly Overvalued range.

1.61

ASE Technology Holding Co Ltd. (ASX) has a current PS of 1.61. The 5-year average PS is 0.87. The thresholds are as follows: Strongly Undervalued below 0.44, Undervalued between 0.44 and 0.66, Fairly Valued between 1.09 and 0.66, Overvalued between 1.09 and 1.30, and Strongly Overvalued above 1.30. The current Forward PS of 1.61 falls within the Strongly Overvalued range.

9.00

P/OCF

ASE Technology Holding Co Ltd. (ASX) has a current P/OCF of 9.00. The 5-year average P/OCF is 5.21. The thresholds are as follows: Strongly Undervalued below 2.38, Undervalued between 2.38 and 3.79, Fairly Valued between 6.62 and 3.79, Overvalued between 6.62 and 8.03, and Strongly Overvalued above 8.03. The current Forward P/OCF of 9.00 falls within the Strongly Overvalued range.

41.94

P/FCF

ASE Technology Holding Co Ltd. (ASX) has a current P/FCF of 41.94. The 5-year average P/FCF is 22.28. The thresholds are as follows: Strongly Undervalued below -38.21, Undervalued between -38.21 and -7.97, Fairly Valued between 52.52 and -7.97, Overvalued between 52.52 and 82.76, and Strongly Overvalued above 82.76. The current Forward P/FCF of 41.94 falls within the Historic Trend Line -Fairly Valued range.

ASE Technology Holding Co Ltd (ASX) has a current Price-to-Book (P/B) ratio of 3.63. Compared to its 3-year average P/B ratio of 2.86 , the current P/B ratio is approximately 26.64% higher. Relative to its 5-year average P/B ratio of 2.42, the current P/B ratio is about 49.58% higher. ASE Technology Holding Co Ltd (ASX) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 5.11%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 4.51% , the current FCF yield is about -100.00% lower.

3.63

P/B

Median3y

2.86

Median5y

2.42

-4.56

FCF Yield

Median3y

5.11

Median5y

4.51

Competitors Valuation Multiple

The average P/S ratio for ASX's competitors is 8.80, providing a benchmark for relative valuation. ASE Technology Holding Co Ltd Corp (ASX) exhibits a P/S ratio of , which is -100% above the industry average. Given its robust revenue growth of 13.51%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of ASX increased by 73.60% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 21.86 to 33.90.

The secondary factor is the Revenue Growth, contributed 13.51%to the performance.

Overall, the performance of ASX in the past 1 year is driven by P/E Change. Which is more unsustainable.

13.51%

4.96B → 5.63B

Revenue Growth

4.98%

6.42 → 6.74

Margin Expansion

55.11%

21.86 → 33.90

P/E Change

73.60%

10.15 → 17.62

Mkt Cap Growth

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Frequently Asked Questions

Is ASE Technology Holding Co Ltd (ASX) currently overvalued or undervalued?

What is ASE Technology Holding Co Ltd (ASX) fair value?

ASX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of ASE Technology Holding Co Ltd (ASX) is between 10.47 to 14.98 according to relative valuation methord.

How does ASX's valuation metrics compare to the industry average?

The average P/S ratio for ASX's competitors is 8.80, providing a benchmark for relative valuation. ASE Technology Holding Co Ltd Corp (ASX) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 13.51%, this premium appears unsustainable.

What is the current P/B ratio for ASE Technology Holding Co Ltd (ASX) as of Jan 08 2026?

As of Jan 08 2026, ASE Technology Holding Co Ltd (ASX) has a P/B ratio of 3.63. This indicates that the market values ASX at 3.63 times its book value.

What is the current FCF Yield for ASE Technology Holding Co Ltd (ASX) as of Jan 08 2026?

As of Jan 08 2026, ASE Technology Holding Co Ltd (ASX) has a FCF Yield of 0.00%. This means that for every dollar of ASE Technology Holding Co Ltd’s market capitalization, the company generates 0.00 cents in free cash flow.

What is the current Forward P/E ratio for ASE Technology Holding Co Ltd (ASX) as of Jan 08 2026?

As of Jan 08 2026, ASE Technology Holding Co Ltd (ASX) has a Forward P/E ratio of 21.87. This means the market is willing to pay $21.87 for every dollar of ASE Technology Holding Co Ltd’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for ASE Technology Holding Co Ltd (ASX) as of Jan 08 2026?

As of Jan 08 2026, ASE Technology Holding Co Ltd (ASX) has a Forward P/S ratio of 0.00. This means the market is valuing ASX at $0.00 for every dollar of expected revenue over the next 12 months.

ASX Valuation