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MCHP Microchip Technology PE ratio, current and historical analysis

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.

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 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.

Average
71.45
Median
38.17
Minimum
18.27
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
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%
2014 23.88 -57.14%

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
49.24
5-year avg
78.65
10-year avg
71.45
15-year avg
55.91

MCHP PE vs peers

What is MCHP's PE ratio compared to its peers

MCHP's PE ratio is below its peer stocks TXN and ADI.

Stock name PE ratio Market cap
MCHP Microchip Technology Inc 17.77 $42.37B
TXN Texas Instruments Inc 18.85 $144.1B
ADI Analog Devices Inc 23.54 $86.93B
SLAB Silicon Laboratories Inc 53.05 $3.68B

Frequently asked questions

What is Microchip Technology's PE ratio?

The price to earnings ratio for MCHP stock is 17.95 as of Sep 28, 2023.

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 49.24.

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 78.65.

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 75% 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 (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.