Start with its own history
At 48.83×, MCHP is 37.2% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · MCHPSemiconductorsUpdated Nov 2, 2026
Microchip Technology Incorporated P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
48.83×
37.2% belowthe 9-observation annual average
Share price79.6
÷Earnings per share1.63
Price and EPS in quote currency. Calculation details
Investors are paying 48.83 for every 1 of reported earnings per share.
P/E over time
2017 – 2026
Annual P/ESelected-period average 77.74×
3-year average132.40×2 positive annual observations
5-year average79.41×4 positive annual observations
10-year average77.74×9 positive annual observations
Peer median · TTM46.58×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2026 | 239.30× | N/M |
| Mar 31, 2025 | N/M | N/M |
| Mar 31, 2024 | 25.49× | +23.9% |
| Mar 31, 2023 | 20.58× | -36.2% |
| Mar 31, 2022 | 32.25× | -72.2% |
| Mar 31, 2021 | 115.84× | +306.6% |
| Mar 31, 2020 | 28.49× | -50.5% |
| Mar 31, 2019 | 57.54× | -30.7% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Mar 31, 2018 | 83.05× | -14.4% |
| Mar 31, 2017 | 97.08× | +222.3% |
| Mar 31, 2016 | 30.13× | +13.4% |
| Mar 31, 2015 | 26.58× | +11.3% |
| Mar 31, 2014 | 23.88× | -56.6% |
| Mar 31, 2013 | 54.97× | +160.1% |
| Mar 31, 2012 | 21.14× | +24.6% |
| Mar 31, 2011 | 16.96× | -28.9% |
| Mar 31, 2010 | 23.86× | +50.8% |
| Mar 31, 2009 | 15.82× | -30.4% |
| Mar 31, 2008 | 22.72× | +6.1% |
| Mar 31, 2007 | 21.41× | -32.8% |
| Mar 31, 2006 | 31.84× | +27.4% |
| Mar 31, 2005 | 25.00× | -35.7% |
| Mar 31, 2004 | 38.85× | -14.1% |
| Mar 31, 2003 | 45.23× | -23.6% |
| Mar 31, 2002 | 59.17× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How MCHP compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 MCHP This stockMicrochip Technology Incorporated | 48.83× |
 TXNTexas Instruments Incorporated | 40.08× |
 NXPINXP Semiconductors N.V. | 20.90× |
 ADIAnalog Devices, Inc. | 50.65× |
 STMSTMicroelectronics N.V. | 83.93× |
 RNECYRenesas Electronics Corporation | 8.60× |
 ONON Semiconductor Corporation | 46.58× |
 LSCCLattice Semiconductor Corporation | 359.28× |
 ROHCYROHM Co., Ltd. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does MCHP’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 46.58×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take MCHP into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("MCHP", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 79.6 ÷ EPS 1.63 = 48.83×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
MCHP P/E ratio: common questions
The essentials behind the numbers.
Microchip Technology Incorporated's current P/E is 48.83× based on the quote data last updated Nov 2, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.