Microchip Technology (MCHP) valuation
Microchip Technology P/E ratio history
Microchip Technology trades at 113.7 times its earnings over the last twelve months and 19.9 times the earnings analysts expect over the next twelve. At its last 9 fiscal year ends its P/E ranged from 20.8 (year to Mar 2023) to 293.7 (year to Mar 2026), with a median of 58.4.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Mar 31, 2026 | $64.61 | $0.22 | 293.7 | 26.9 |
| Mar 31, 2025 | $48.41 | -$0.01 | n/m | 38.4 |
| Mar 31, 2024 | $89.71 | $3.48 | 25.8 | 25.0 |
| Mar 31, 2023 | $83.78 | $4.02 | 20.8 | — |
| Mar 31, 2022 | $75.14 | $2.27 | 33.1 | 15.0 |
| Mar 31, 2021 | $77.61 | $0.65 | 119.4 | — |
| Mar 31, 2020 | $33.90 | $1.11 | 30.5 | — |
| Mar 31, 2019 | $41.48 | $0.71 | 58.4 | — |
| Mar 31, 2018 | $45.68 | $0.49 | 93.2 | — |
| Mar 31, 2017 | $36.89 | $0.32 | 115.3 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Microchip Technology valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Microchip TechnologyMCHP | $41.9B | 113.7 | 19.9 | 8.2 |
| Astera LabsALAB | $44.3B | 128.1 | 49.6 | 36.9 |
| Monolithic Power SystemsMPWR | $59.5B | 74.0 | 30.8 | 18.2 |
| Credo TechnologyCRDO | $28.2B | 53.2 | 21.0 | 17.7 |
| ON SemiconductorON | $28.1B | 47.5 | 18.4 | 4.5 |
| NXP SemiconductorsNXPI | $65.5B | 20.4 | 14.8 | 4.7 |
| First SolarFSLR | $18.7B | 10.1 | 8.0 | 3.7 |
| Skyworks SolutionsSWKS | $13.2B | 45.1 | 15.6 | 3.3 |
| Marvell TechnologyMRVL | $172B | 65.0 | 34.0 | 18.2 |
| Peer median | 50.3 | 19.7 | 11.2 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MCHP financials · MCHP returns
No forecast, no recommendation. This page describes Microchip Technology from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.