TrueLight (TWO:3234) — Market Cap & Net Worth
Market Cap & Net Worth: TrueLight (3234)
TrueLight (TWO:3234) has a market capitalization of $336.10 Million (NT$10.67 Billion) as of August 3, 2026. Listed on the TWO stock exchange, this Taiwan-based company holds position #14114 globally and #567 in its home market, demonstrating a -10.98% decrease 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$95.70 by its total outstanding shares 111474692 (111.47 Million). See 3234 capex to operating cash flow ratio to understand how much of operating cash flow is reinvested back into capital assets.
TrueLight Market Cap History: 2015 to 2026
TrueLight's market capitalization history from 2015 to 2026. Data shows change from $440.51 Million to $336.10 Million (-3.69% 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
0.28x
TrueLight's market cap is 0.28 times its annual revenue
Latest 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 | $143.29 Million | $1.83 Billion | -$640.54 Million | 0.08x | N/A |
| 2018 | $114.84 Million | $2.01 Billion | -$180.23 Million | 0.06x | N/A |
| 2019 | $130.12 Million | $1.46 Billion | -$321.43 Million | 0.09x | N/A |
| 2020 | $156.46 Million | $1.52 Billion | $7.26 Million | 0.10x | 21.56x |
| 2021 | $99.57 Million | $1.31 Billion | -$132.77 Million | 0.08x | N/A |
| 2022 | $74.10 Million | $989.63 Million | -$26.19 Million | 0.07x | N/A |
| 2023 | $96.41 Million | $630.27 Million | -$390.44 Million | 0.15x | N/A |
| 2024 | $161.73 Million | $573.75 Million | -$239.25 Million | 0.28x | N/A |
Competitor Companies of 3234 by Market Capitalization
Companies near TrueLight in the global market cap rankings as of August 3, 2026.
Key companies related to TrueLight by market ranking:
- NVIDIA Corporation (NASDAQ:NVDA): Ranked #1 globally with a market cap of $4.88 Trillion USD.
- Taiwan Semiconductor Manufacturing Co. Ltd. (TW:2330): Ranked #6 globally with a market cap of $1.98 Trillion USD ( NT$62.89 Trillion TWD).
- Broadcom Inc (NASDAQ:AVGO): Ranked #8 globally with a market cap of $1.68 Trillion USD.
- Micron Technology Inc (NASDAQ:MU): Ranked #18 globally with a market cap of $842.18 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1 | NVIDIA Corporation | NASDAQ:NVDA | $4.88 Trillion | $200.75 |
| #6 | Taiwan Semiconductor Manufacturing Co. Ltd. | TW:2330 | $1.98 Trillion | NT$2425.00 |
| #8 | Broadcom Inc | NASDAQ:AVGO | $1.68 Trillion | $389.28 |
| #18 | Micron Technology Inc | NASDAQ:MU | $842.18 Billion | $823.03 |
TrueLight Historical Marketcap From 2015 to 2026
Between 2015 and today, TrueLight's market cap moved from $440.51 Million to $ 336.10 Million, with a yearly change of -3.69%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | NT$336.10 Million | +100.42% |
| 2025 | NT$167.70 Million | +3.69% |
| 2024 | NT$161.73 Million | +67.76% |
| 2023 | NT$96.41 Million | +30.09% |
| 2022 | NT$74.10 Million | -25.57% |
| 2021 | NT$99.57 Million | -36.36% |
| 2020 | NT$156.46 Million | +20.24% |
| 2019 | NT$130.12 Million | +13.30% |
| 2018 | NT$114.84 Million | -19.85% |
| 2017 | NT$143.29 Million | -29.17% |
| 2016 | NT$202.29 Million | -54.08% |
| 2015 | NT$440.51 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 3rd, 2026 the market cap of TrueLight was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $336.10 Million USD |
| MoneyControl | $336.10 Million USD |
| MarketWatch | $336.10 Million USD |
| marketcap.company | $336.10 Million USD |
| Reuters | $336.10 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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