MCHP Microchip Technology PE ratio, current and historical analysis
The P/E ratio for Microchip Technology stock stands at 45.55 as of Nov 21, 2024. This takes into account the latest EPS of $1.46 and stock price of $66.51. An increase of 33% has been observed in the PE ratio compared to its average of 34.3 of the past four quarters.
MCHP PE ratio history
Over the last ten years, the average PE ratio of Microchip Technology has been 72.08. The current 45.55 price-to-earnings ratio is 37% less 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 | Change |
|---|---|---|
| 2024 | 25.49 | 23.86% |
| 2023 | 20.58 | -36.19% |
| 2022 | 32.25 | -72.16% |
| 2021 | 115.84 | 306.6% |
| 2020 | 28.49 | -47.8% |
| 2019 | 54.58 | -34.28% |
| 2018 | 83.05 | -14.45% |
| 2017 | 97.08 | 222.2% |
| 2016 | 30.13 | 13.36% |
| 2015 | 26.58 | 11.31% |
MCHP average PE ratio chart
The current PE ratio of MCHP is above its 3 and 5-year averages, but it is under its 10-year average.
MCHP PE vs peers
MCHP's PE ratio is less than its peer stock ADI, but it is above TXN's and STM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 9.66 | $22.12B |
| TXN Texas Instruments Inc | 36.57 | $180.8B |
| MCHP Microchip Technology Inc | 45.55 | $35.72B |
| ADI Analog Devices Inc | 64.06 | $106.23B |
| SLAB Silicon Laboratories Inc | N/A | $3.36B |
Frequently asked questions
What is Microchip Technology's PE ratio?
The price to earnings ratio for MCHP stock is 45.55 as of Nov 21, 2024.
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 27.91.
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 42.57.
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 37% below its 10-year historical average.
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 (Nov 21, 2024), Microchip Technology's share price is $66.51. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.46. Therefore, Microchip Technology's price to earnings ratio for today is 45.55. PE RATIO(45.55) = STOCK PRICE($66.51) / TTM EPS($1.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.