Taiwan Semiconductor Manufacturing Company, Limited is the world's third largest semiconductor manufacturer after Intel and Samsung and the world's largest independent contract manufacturer of semiconductor products. The company was founded in 1987. The headquarters and the main parts of the company are located in Hsinchu, Taiwan.
According to TSMC's latest financial reports the company has a price-to-book ratio of 7.08. The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.