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MCHP Microchip Technology PE ratio, current and historical analysis

The P/E ratio for Microchip Technology stock stands at 25.29 as of Jun 20, 2024. This takes into account the latest EPS of $3.52 and stock price of $89.02. An increase of 21% has been observed in the PE ratio compared to its average of 20.9 of the past four quarters.

MCHP PE ratio history

How has MCHP's PE ratio performed in the past

Over the last ten years, the average PE ratio of Microchip Technology has been 70.99. The current 25.29 price-to-earnings ratio is 64% 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.

Average
70.99
Median
38.17
Minimum
16.89
Maximum
657.58

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

What is the average PE ratio of MCHP for the past years

The current PE ratio of MCHP is under its 3, 5 and 10-year averages.

3-year avg
32.84
5-year avg
43.63
10-year avg
70.99
15-year avg
56.2

MCHP PE vs peers

What is MCHP's PE ratio compared to its peers

MCHP's PE ratio is less than its peer stocks TXN and ADI, but it is above STM's.

Stock name PE ratio Market cap
STM ST Microelectronics 9.99 $36.69B
MCHP Microchip Technology Inc 25.88 $48.91B
TXN Texas Instruments Inc 30.47 $179.47B
ADI Analog Devices Inc 53.78 $114.76B
SLAB Silicon Laboratories Inc N/A $3.62B

Frequently asked questions

What is Microchip Technology's PE ratio?

The price to earnings ratio for MCHP stock is 25.29 as of Jun 20, 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 32.84.

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 43.63.

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 64% 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 (Jun 20, 2024), Microchip Technology's share price is $89.02. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.52. Therefore, Microchip Technology's price to earnings ratio for today is 25.29. PE RATIO(25.29) = STOCK PRICE($89.02) / TTM EPS($3.52)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.