The P/E ratio for Microchip Technology stock stands at 40.61 as of Dec 6, 2024. This takes into account the latest EPS of $1.46 and stock price of $59.29. An increase of 18% has been observed in the PE ratio compared to its average of 34.3 of the past four quarters.
Over the last ten years, the average PE ratio of Microchip Technology has been 72.08. The current 40.61 price-to-earnings ratio is 44% 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.
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% |
The current PE ratio of MCHP is above its 3-year average, but it is under its 5 and 10-year averages.
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 | 10.41 | $23.83B |
TXN Texas Instruments Inc | 35.63 | $176.15B |
MCHP Microchip Technology Inc | 40.61 | $31.84B |
ADI Analog Devices Inc | 66.12 | $108.29B |
SLAB Silicon Laboratories Inc | N/A | $3.78B |
The price to earnings ratio for MCHP stock is 40.61 as of Dec 6, 2024.
The average PE ratio for MCHP stock over the past 3 years is 27.91.
The average PE ratio for MCHP stock over the past 5 years is 42.57.
Over the last ten years, the quarterly PE ratio reached its highest level at 657.58 in the Sep 2018 quarter.
MCHP's price to earnings ratio is currently 44% below its 10-year historical average.
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 (Dec 6, 2024), Microchip Technology's share price is $59.29. 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 40.61. PE RATIO(40.61) = STOCK PRICE($59.29) / TTM EPS($1.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.