MCHP Microchip Technology PE ratio, current and historical analysis
The P/E ratio for Microchip Technology stock stands at 105.29 as of Feb 21, 2025. This takes into account the latest EPS of $0.58 and stock price of $61.07. An increase of 96% has been observed in the PE ratio compared to its average of 53.8 of the past four quarters.
MCHP PE ratio history
Over the last ten years, the average PE ratio of Microchip Technology has been 73.97. The current 105.29 price-to-earnings ratio is 42% more than the historical average. Analyzing the last ten years, MCHP's PE ratio reached its highest point in the Sep 2018 quarter at 657.58, with a price of $39.46 and an EPS of $0.06. The Sep 2023 quarter saw the lowest point at 16.89, with a price of $78.05 and an EPS of $4.62.
Microchip Technology PE ratio by year
Maximum annual increase: 306.6% in 2021
Maximum annual decrease: -72.16% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 25.49 | 23.86% | $89.71 | $3.52 |
| 2023 | 20.58 | -36.19% | $83.78 | $4.07 |
| 2022 | 32.25 | -72.16% | $75.14 | $2.33 |
| 2021 | 115.84 | 306.6% | $77.61 | $0.67 |
| 2020 | 28.49 | -47.8% | $33.9 | $1.19 |
| 2019 | 54.58 | -34.28% | $41.48 | $0.76 |
| 2018 | 83.05 | -14.45% | $45.68 | $0.55 |
| 2017 | 97.08 | 222.2% | $36.89 | $0.38 |
| 2016 | 30.13 | 13.36% | $24.1 | $0.8 |
| 2015 | 26.58 | 11.31% | $24.45 | $0.92 |
| 2014 | 23.88 | -57.14% | $23.88 | $1 |
| 2013 | 55.71 | 163.53% | $18.39 | $0.33 |
| 2012 | 21.14 | 24.57% | $18.6 | $0.88 |
| 2011 | 16.97 | -28.88% | $19.01 | $1.12 |
| 2010 | 23.86 | 50.92% | $14.08 | $0.59 |
Microchip Technology PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 98.88 | 79.81% | $57.35 | $0.58 |
| Sep 2024 | 54.99 | 52.67% | $80.29 | $1.46 |
| Jun 2024 | 36.02 | 41.31% | $91.5 | $2.54 |
| Mar 2024 | 25.49 | 22.67% | $89.71 | $3.52 |
| Dec 2023 | 20.78 | 23.03% | $90.18 | $4.34 |
| Sep 2023 | 16.89 | -17.41% | $78.05 | $4.62 |
| Jun 2023 | 20.45 | -0.63% | $89.59 | $4.38 |
| Mar 2023 | 20.58 | 10.17% | $83.78 | $4.07 |
| Dec 2022 | 18.68 | 2.24% | $70.25 | $3.76 |
| Sep 2022 | 18.27 | -12.25% | $61.03 | $3.34 |
| Jun 2022 | 20.82 | -35.44% | $58.08 | $2.79 |
| Mar 2022 | 32.25 | -35.18% | $75.14 | $2.33 |
| Dec 2021 | 49.75 | -23.51% | $87.06 | $1.75 |
| Sep 2021 | 65.04 | -23.55% | $76.75 | $1.18 |
| Jun 2021 | 85.08 | -26.55% | $74.87 | $0.88 |
MCHP average PE ratio chart
The current PE ratio of MCHP is above its 3, 5 and 10-year averages.
MCHP PE vs peers
MCHP's PE ratio is above its peer stocks TXN and ADI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 10.86 | $24.87B |
| TXN Texas Instruments Inc | 38.55 | $183.89B |
| ADI Analog Devices Inc | 75.6 | $118.49B |
| MCHP Microchip Technology Inc | 105.29 | $32.84B |
| SLAB Silicon Laboratories Inc | N/A | $5.04B |
Frequently asked questions
What is Microchip Technology's PE ratio?
The price to earnings ratio for MCHP stock is 105.29 as of Feb 21, 2025.
What is the 3-year average PE ratio for Microchip Technology (MCHP)?
The average PE ratio for MCHP stock over the past 3 years is 32.01.
What is the 5-year average PE ratio for Microchip Technology (MCHP)?
The average PE ratio for MCHP stock over the past 5 years is 45.59.
What is the highest PE ratio for MCHP?
Over the last ten years, the quarterly PE ratio reached its highest level at 657.58 in the Sep 2018 quarter.
How does the current PE ratio for MCHP compare to its historical average?
MCHP's price to earnings ratio is currently 42% above its 10-year historical average.
Why is Microchip Technology's PE ratio so high?
MCHP's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is MCHP's PE ratio calculated (Microchip Technology PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Feb 21, 2025), Microchip Technology's share price is $61.07. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $0.58. Therefore, Microchip Technology's price to earnings ratio for today is 105.29. PE RATIO(105.29) = STOCK PRICE($61.07) / TTM EPS($0.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.