Formosa Plastics stock trades at a 49.33 price-to-earnings ratio
Published on 10/13/2026 at 14:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Formosa Plastics stock carried a 49.33 price-to-earnings ratio on October 13, 2026, while its latest reported quarter delivered TWD 47.25 billion in revenue and TWD 10.65 billion in net income. The stock last traded at TWD 80.90 on the Taiwan Stock Exchange at 1:30 p.m. TST, up 0.25 percent from the prior close of TWD 80.70 on October 12, 2026.
Second-quarter figures improved
For the second quarter ended June 30, 2026, Investing.com lists revenue of TWD 47.25 billion and net income of TWD 10.65 billion. Revenue increased 12.55 percent from TWD 41.99 billion in the first quarter, while net income rose 225.94 percent from TWD 3.27 billion.
The earnings comparison matters because the revenue increase was accompanied by a much larger improvement in net income. The figures point to a stronger quarter-on-quarter profit conversion, although the price-to-earnings ratio keeps valuation in view.
Stock remains near yearly high
Formosa Plastics traded between TWD 36.50 and TWD 84.00 over the 52 weeks ending October 13, 2026. At TWD 80.90, the stock stood 3.69 percent below its 52-week high and 121.64 percent above its 52-week low.
The quote was TWD 0.20 above the previous session close, equivalent to a 0.25 percent daily gain. Trading volume reached 129,728,440 shares, compared with an average volume of 44,595,121 shares.
Valuation and peer comparison
Market capitalization was TWD 515.0 billion on October 13, 2026, and the trailing price-to-earnings ratio was 49.33. The trailing dividend yield was 0.01 percent, placing the valuation discussion alongside a limited cash yield.
Comparison with peers
Formosa Plastics (Taiwan Stock Exchange, TWD): plus 0.25 percent, price-to-earnings ratio 49.33, market capitalization TWD 515.0 billion.
Nan Ya Plastics (Taiwan Stock Exchange, TWD): plus 5.28 percent, price-to-earnings ratio 51.45, market capitalization TWD 2.5 trillion.
Formosa Petrochemical (Taiwan Stock Exchange, TWD): plus 9.68 percent, price-to-earnings ratio 20.66, market capitalization TWD 1.1 trillion.
Price and market context
Formosa Plastics operates across plastics, chemical fibers and petrochemical products, with applications ranging from construction materials to industrial chemicals. Its broad product base means quarterly revenue and profit can move at different speeds, as the second-quarter figures demonstrate.
Market capitalization, the 52-week range and the peer valuation comparison place the stock near the upper end of its recent trading band. The 3.69 percent gap to the yearly high is narrower than the distance to the low, while the 49.33 price-to-earnings ratio remains the clearest valuation marker.
Market context: Market report TAIEX.
Formosa Plastics market profile
- Company: Formosa Plastics Corporation
- ISIN: TW0001301000
- Ticker: 1301.TW
- Primary exchange: Taiwan Stock Exchange
- Price Taiwan Stock Exchange (as of October 13, 2026, 1:30 p.m. TST): TWD 80.90
- Change versus prior close: plus 0.25 percent
- Prior close Taiwan Stock Exchange (October 12, 2026): TWD 80.70
- Market capitalization: TWD 515.0 billion (as of October 13, 2026)
- 52-week range: TWD 36.50-84.00 (as of October 13, 2026)
- Sector / Industry: Basic Materials / Chemicals - Specialty
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