Question 1

What is Microchip Technology's P/E ratio?

Accepted Answer

Microchip Technology (MCHP) P/E ratio is 239.4× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Microchip Technology?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Microchip Technology specifically, the relevant sector benchmark is the current sector median of 29.6×.

Question 5

Is Microchip Technology's P/E ratio high or low?

Accepted Answer

Microchip Technology's P/E ratio of 239.4× is above its own 5-year average of 47.4× and above the sector median of 29.6×. That places the current reading at the 99th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Microchip Technology's historical P/E ratio range?

Accepted Answer

In the available daily series, Microchip Technology (MCHP) P/E ratio has ranged from a low of 11.8× in 2008 to a high of 658.9× in 2018. The 5-year average is 47.4× and the 5-year median is 28.9×.

Question 7

What was Microchip Technology's P/E ratio in 2026?

Accepted Answer

Microchip Technology (MCHP) P/E ratio at the end of 2026 was 173.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Microchip Technology's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$34.99B	$202.20M	173.0×	—	Mar 31, 2026
2025	$26.02B	−$500.00K	—	—	Mar 31, 2025
2024	$48.36B	$1.91B	25.4×	+4.9×	Mar 31, 2024
2023	$45.82B	$2.24B	20.5×	-12.0×	Mar 31, 2023
2022	$41.75B	$1.29B	32.5×	-88.0×	Mar 31, 2022
2021	$42.10B	$349.40M	120.5×	+92.0×	Mar 31, 2021
2020	$16.28B	$570.60M	28.5×	-29.8×	Mar 31, 2020
2019	$20.75B	$355.90M	58.3×	-25.6×	Mar 31, 2019
2018	$21.43B	$255.36M	83.9×	-15.9×	Mar 31, 2018
2017	$16.43B	$164.64M	99.8×	+69.5×	Mar 31, 2017
2016	$9.82B	$324.13M	30.3×	+3.6×	Mar 31, 2016
2015	$9.86B	$369.01M	26.7×	+2.6×	Mar 31, 2015
2014	$9.53B	$395.28M	24.1×	-31.7×	Mar 31, 2014
2013	$7.11B	$127.39M	55.8×	+34.5×	Mar 31, 2013
2012	$7.16B	$336.70M	21.3×	+4.3×	Mar 31, 2012
2011	$7.12B	$418.95M	17.0×	-7.0×	Mar 31, 2011
2010	$5.20B	$217.00M	24.0×	+8.3×	Mar 31, 2010
2009	$3.87B	$247.22M	15.6×	-5.4×	Mar 31, 2009
2008	$6.25B	$297.75M	21.0×	-0.7×	Mar 31, 2008
2007	$7.75B	$357.03M	21.7×	-10.0×	Mar 31, 2007
2006	$7.69B	$242.37M	31.7×	+6.5×	Mar 31, 2006
2005	$5.39B	$213.78M	25.2×	-14.6×	Mar 31, 2005
2004	$5.46B	$137.26M	39.8×	-6.5×	Mar 31, 2004
2003	$4.05B	$87.58M	46.2×	-13.7×	Mar 31, 2003
2002	$5.68B	$94.81M	59.9×	—	Mar 31, 2002


NXP Semiconductors (NXPI)	17.9×
Uber (UBER)	17.3×
Broadridge Financial Solutions (BR)	17.2×
NetApp (NTAP)	16.8×
Accenture (ACN)	16.8×
Corpay (CPAY)	16.7×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Adobe (ADBE)	14.9×
CDW (CDW)	14.5×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Lyft (LYFT)	1.8×

P/E Ratio for Microchip Technology (MCHP)

P/E Ratio daily chart for Microchip Technology (MCHP)

Historical P/E Ratio for Microchip Technology (MCHP) from 2002 to 2026

About P/E Ratio at Microchip Technology (MCHP)

Microchip Technology P/E Ratio by Year

Microchip Technology P/E Ratio 2026: 173.0×

Microchip Technology P/E Ratio 2024: 25.4×

Microchip Technology P/E Ratio 2023: 20.5×

Microchip Technology P/E Ratio 2022: 32.5×

Microchip Technology P/E Ratio 2021: 120.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Microchip Technology (MCHP) Key Financials

P/E Ratio daily chart for Microchip Technology (MCHP)

Historical P/E Ratio for Microchip Technology (MCHP) from 2002 to 2026

About P/E Ratio at Microchip Technology (MCHP)

Microchip Technology P/E Ratio by Year

Microchip Technology P/E Ratio 2026: 173.0×

Microchip Technology P/E Ratio 2024: 25.4×

Microchip Technology P/E Ratio 2023: 20.5×

Microchip Technology P/E Ratio 2022: 32.5×

Microchip Technology P/E Ratio 2021: 120.5×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Microchip Technology's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Microchip Technology?

+Is Microchip Technology's P/E ratio high or low?

+What is Microchip Technology's historical P/E ratio range?

+What was Microchip Technology's P/E ratio in 2026?

+Why does Microchip Technology's P/E ratio change over time?

Microchip Technology (MCHP) Key Financials