TrueLight
TrueLight Corporation designs, develops, and supplies optical communication components in China, Taiwan, Asia, the United States, and Europe. The company offers optical fiber communication, 4G/5G mobile communication base station interconnection, cloud data center, and 3D sensing/near-field sensing/flood illumination products. It also provides vertical cavity surface emitting lasers, edge lasers,… Read more
Market Cap & Net Worth: TrueLight (3234)
TrueLight (TWO:3234) has a market capitalization of $296.83 Million (NT$9.82 Billion) as of March 18, 2026. Listed on the TWO stock exchange, this Taiwan-based company holds position #17103 globally and #691 in its home market, demonstrating a 4.88% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying TrueLight's stock price NT$88.10 by its total outstanding shares 111474692 (111.47 Million).
TrueLight Market Cap History: 2015 to 2026
TrueLight's market capitalization history from 2015 to 2026. Data shows change from $422.60 Million to $296.83 Million (-4.58% CAGR).
TrueLight Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how TrueLight's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.27x
TrueLight's market cap is 0.27 times its annual revenue
0.45x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $137.46 Million | $1.83 Billion | -$640.54 Million | 0.07x | N/A |
| 2018 | $110.17 Million | $2.01 Billion | -$180.23 Million | 0.05x | N/A |
| 2019 | $124.83 Million | $1.46 Billion | -$321.43 Million | 0.09x | N/A |
| 2020 | $150.10 Million | $1.52 Billion | $7.26 Million | 0.10x | 20.68x |
| 2021 | $95.52 Million | $1.31 Billion | -$132.77 Million | 0.07x | N/A |
| 2022 | $71.09 Million | $989.63 Million | -$26.19 Million | 0.07x | N/A |
| 2023 | $92.49 Million | $630.27 Million | -$390.44 Million | 0.15x | N/A |
| 2024 | $155.15 Million | $573.75 Million | -$239.25 Million | 0.27x | N/A |
Competitor Companies of 3234 by Market Capitalization
Companies near TrueLight in the global market cap rankings as of March 18, 2026.
Key companies related to TrueLight by market ranking:
- NVIDIA Corporation (NASDAQ:NVDA): Ranked #1 globally with a market cap of $4.24 Trillion USD.
- Taiwan Semiconductor Manufacturing (NYSE:TSM): Ranked #7 globally with a market cap of $1.84 Trillion USD.
- Micron Technology Inc (NASDAQ:MU): Ranked #23 globally with a market cap of $471.24 Billion USD.
- SK Hynix Inc (KO:000660): Ranked #34 globally with a market cap of $359.51 Billion USD ( ₩526.39 Trillion KRW).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1 | NVIDIA Corporation | NASDAQ:NVDA | $4.24 Trillion | $181.93 |
| #7 | Taiwan Semiconductor Manufacturing | NYSE:TSM | $1.84 Trillion | $345.98 |
| #23 | Micron Technology Inc | NASDAQ:MU | $471.24 Billion | $461.69 |
| #34 | SK Hynix Inc | KO:000660 | $359.51 Billion | ₩970000.00 |
TrueLight Historical Marketcap From 2015 to 2026
Between 2015 and today, TrueLight's market cap moved from $422.60 Million to $ 296.83 Million, with a yearly change of -4.58%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | NT$296.83 Million | +84.50% |
| 2025 | NT$160.88 Million | +3.69% |
| 2024 | NT$155.15 Million | +67.76% |
| 2023 | NT$92.49 Million | +30.09% |
| 2022 | NT$71.09 Million | -25.57% |
| 2021 | NT$95.52 Million | -36.36% |
| 2020 | NT$150.10 Million | +20.24% |
| 2019 | NT$124.83 Million | +13.30% |
| 2018 | NT$110.17 Million | -19.85% |
| 2017 | NT$137.46 Million | -29.17% |
| 2016 | NT$194.07 Million | -54.08% |
| 2015 | NT$422.60 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of TrueLight was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $296.83 Million USD |
| MoneyControl | $296.83 Million USD |
| MarketWatch | $296.83 Million USD |
| marketcap.company | $296.83 Million USD |
| Reuters | $296.83 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.