The P/E ratio for Microchip Technology stock stands at 17.95 as of Sep 28, 2023. This takes into account the latest EPS of $4.38 and stock price of $78.61. A decrease of 8% has been observed in the PE ratio compared to its average of 19.5 of the past four quarters.
Over the last ten years, the average PE ratio of Microchip Technology has been 71.45. The current 17.95 price-to-earnings ratio is 75% 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 2022 quarter saw the lowest point at 18.27, with a price of $61.03 and an EPS of $3.34.
Maximum annual increase: 306.6% in 2021
Maximum annual decrease: -72.16% in 2022
The current PE ratio of MCHP is under its 3, 5 and 10-year averages.
The price to earnings ratio for MCHP stock is 17.95 as of Sep 28, 2023.
The average PE ratio for MCHP stock over the past 3 years is 49.24.
The average PE ratio for MCHP stock over the past 5 years is 78.65.
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 75% 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 (Sep 28, 2023), Microchip Technology's share price is $78.61. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $4.38. Therefore, Microchip Technology's price to earnings ratio for today is 17.95.
PE RATIO(17.95) = STOCK PRICE($78.61) / TTM EPS($4.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.