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Microchip Technology (MEX:MCHP) Cyclically Adjusted Book per Share : MXN237.70 (As of Mar. 2025)


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What is Microchip Technology Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Microchip Technology's adjusted book value per share for the three months ended in Mar. 2025 was MXN268.810. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN237.70 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Microchip Technology's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Microchip Technology was 20.50% per year. The lowest was 3.10% per year. And the median was 9.40% per year.

As of today (2025-05-28), Microchip Technology's current stock price is MXN1070.00. Microchip Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN237.70. Microchip Technology's Cyclically Adjusted PB Ratio of today is 4.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Microchip Technology was 10.81. The lowest was 3.16. And the median was 7.48.


Microchip Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Microchip Technology's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Microchip Technology Cyclically Adjusted Book per Share Chart

Microchip Technology Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.05 177.45 178.12 176.69 237.70

Microchip Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 176.69 191.62 220.00 230.39 237.70

Competitive Comparison of Microchip Technology's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Microchip Technology's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Microchip Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Microchip Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Microchip Technology's Cyclically Adjusted PB Ratio falls into.


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Microchip Technology Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Microchip Technology's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=268.81/134.9266*134.9266
=268.810

Current CPI (Mar. 2025) = 134.9266.

Microchip Technology Quarterly Data

Book Value per Share CPI Adj_Book
201506 81.350 100.684 109.017
201509 88.603 100.392 119.083
201512 89.835 99.792 121.463
201603 90.714 100.470 121.824
201606 108.905 101.688 144.502
201609 112.792 101.861 149.406
201612 122.261 101.863 161.946
201703 134.408 102.862 176.306
201706 132.528 103.349 173.021
201709 137.601 104.136 178.287
201712 133.467 104.011 173.138
201803 126.764 105.290 162.446
201806 213.763 106.317 271.287
201809 204.710 106.507 259.334
201812 213.827 105.998 272.184
201903 215.849 107.251 271.549
201906 213.377 108.070 266.405
201909 221.648 108.329 276.067
201912 221.114 108.420 275.172
202003 266.929 108.902 330.719
202006 251.498 108.767 311.985
202009 231.036 109.815 283.868
202012 195.664 109.897 240.228
202103 199.423 111.754 240.773
202106 200.480 114.631 235.974
202109 211.334 115.734 246.380
202112 214.121 117.630 245.607
202203 211.670 121.301 235.447
202206 217.678 125.017 234.933
202209 223.203 125.227 240.492
202212 224.631 125.222 242.040
202303 215.245 127.348 228.055
202306 215.153 128.729 225.512
202309 224.351 129.860 233.105
202312 222.398 129.419 231.862
202403 205.891 131.776 210.813
202406 218.746 132.554 222.662
202409 230.116 133.029 233.399
202412 233.915 133.157 237.023
202503 268.810 134.927 268.810

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Microchip Technology  (MEX:MCHP) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Microchip Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1070.00/237.70
=4.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Microchip Technology was 10.81. The lowest was 3.16. And the median was 7.48.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Microchip Technology Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Microchip Technology's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Microchip Technology Business Description

Industry
Address
2355 West Chandler Boulevard, Chandler, AZ, USA, 85224-6199
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.