CBRS vs. TSM: Cerebras Systems vs. Taiwan Semiconductor Mfg Stock Comparison

Company Profile

Cerebras Systems (CBRS) and Taiwan Semiconductor Mfg (TSM) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Taiwan Semiconductor Mfg (TSM) has been public since October 9, 1997, giving it decades of market history across multiple cycles, while Cerebras Systems (CBRS) listed only on May 14, 2026 and lacks comparable through-cycle data.

Cerebras Systems (CBRS) trades as ordinary local shares, while Taiwan Semiconductor Mfg (TSM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Both CBRS and TSM need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Taiwan Semiconductor Mfg (TSM) earns 41.86% on shareholders’ equity, ranked against its industry; Cerebras Systems (CBRS) has no ROE this period.

Cerebras Systems (CBRS) reports a negative net margin of -75.27%, usually indicating a net loss over the period. Meanwhile Taiwan Semiconductor Mfg (TSM) reports 51.12%, ranking against industry peers normally.

Cerebras Systems (CBRS) reports a negative operating margin of -264.97%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Taiwan Semiconductor Mfg (TSM) reports 58.66%, ranking against industry peers normally.

Profitability Metrics

Growth

Both companies are growing quickly, but Cerebras Systems (CBRS) at 75.71% is the standout with revenue growth above its industry range; Taiwan Semiconductor Mfg (TSM) at 31.61% also sits in the top quartile.

Only one side can be read here: Taiwan Semiconductor Mfg (TSM) reports EPS growth of 46.41%, ranked against its industry; Cerebras Systems (CBRS) has no EPS growth figure this period.

Growth Metrics

Financial Strength

Taiwan Semiconductor Mfg (TSM) at 2.51 keeps current ratio within its industry’s typical mid-range, while Cerebras Systems (CBRS) at 5.83 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Both Cerebras Systems (CBRS) at 0.16 and Taiwan Semiconductor Mfg (TSM) at 0.12 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

Financial Strength Metrics

Dividends

Cerebras Systems (CBRS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Taiwan Semiconductor Mfg (TSM) reports a yield of 1.70%, ranking against industry peers normally.

Cerebras Systems (CBRS) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Taiwan Semiconductor Mfg (TSM) reports a payout of 24.46%, ranking against industry peers normally.

Dividend Metrics

Valuation

An earnings multiple is available for just one side: Taiwan Semiconductor Mfg (TSM) trades at 24.33 times trailing earnings, ranked against its peers, while Cerebras Systems (CBRS) has no P/E ratio this period.

Taiwan Semiconductor Mfg (TSM) at 0.39 sits in the cheaper P/S ratio quartile while Cerebras Systems (CBRS) at 31.30 prices above its industry range — a wide gap in sales valuation between them.

Cerebras Systems (CBRS) at 2.23 sits in the lower P/B ratio quartile relative to book while Taiwan Semiconductor Mfg (TSM) at 71.65 prices above its industry range — a wide valuation gap against assets.

Valuation Metrics