Microchip Technology (BSP:M1CH34) Cyclically Adjusted PB Ratio: 6.42 (As of Aug. 21, 2026) — 15% Below Median

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BSP:M1CH34 Microchip Technology Inc BSP:M1CH34
75 GF Score
Price R$208.50
GF Value R$165.93
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Microchip Technology Cyclically Adjusted PB Ratio?

Microchip Technology BSP:M1CH34 +5.18% 75 Cyclically Adjusted PB Ratio is 6.42 as of Aug. 21, 2026, which is 15% below its 10-year median of 7.52. GuruFocus rates BSP:M1CH34 with a GF Score™ of 75/100 and a GF Value™ of R$165.93 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 725 Semiconductors companies, Microchip Technology ranks worse than 69.79% on this metric.

As of today (2026-08-21), Microchip Technology's current share price is R$208.50. Microchip Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$32.49. Microchip Technology's Cyclically Adjusted PB Ratio for today is 6.42.

The historical rank and industry rank for Microchip Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:M1CH34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.16   Med: 7.52   Max: 10.81
Current: 6.03

During the past years, Microchip Technology's highest Cyclically Adjusted PB Ratio was 10.81. The lowest was 3.16. And the median was 7.52.

BSP:M1CH34's Cyclically Adjusted PB Ratio is ranked worse than
69.79% of 725 companies
in the Semiconductors industry
Industry Median: 3.18 vs BSP:M1CH34: 6.03

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 adjusted book value per share data for the three months ended in Jun. 2026 was R$30.437. 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 R$32.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Microchip Technology  (BSP:M1CH34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Microchip Technology Cyclically Adjusted PB Ratio Related Terms


Microchip Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Microchip Technology's Cyclically Adjusted PB Ratio 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.

Microchip Technology Cyclically Adjusted PB Ratio Chart

Microchip Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.51 8.58 8.38 4.23 5.23

Microchip Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 6.02 5.39 5.31 5.23 7.25

BSP:M1CH34 vs CBRS, CRDO, ALAB: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BSP:M1CH34
75GF Score
Microchip Technology Inc BSP:M1CH34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microchip Technology Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=208.50/32.49
=6.42

* 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.

Microchip Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Microchip Technology's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=30.437/333.9520*333.9520
=30.437

Current CPI (Jun. 2026) = 333.9520.

Microchip Technology Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.489 241.428 13.126
201612 9.945 241.432 13.756
201703 11.163 243.801 15.291
201706 12.080 244.955 16.469
201709 11.876 246.819 16.069
201712 11.196 246.524 15.167
201803 11.440 249.554 15.309
201806 20.512 251.989 27.184
201809 22.483 252.439 29.743
201812 21.145 251.233 28.107
201903 21.368 254.202 28.072
201906 21.415 256.143 27.920
201909 23.125 256.759 30.077
201912 24.061 256.974 31.269
202003 27.812 258.115 35.983
202006 28.266 257.797 36.616
202009 28.238 260.280 36.231
202012 25.302 260.474 32.440
202103 27.488 264.877 34.656
202106 25.322 271.696 31.124
202109 27.129 274.310 33.028
202112 29.512 278.802 35.350
202203 26.452 287.504 30.725
202206 27.308 296.311 30.777
202209 29.092 296.808 32.733
202212 30.218 296.797 34.001
202303 31.099 301.836 34.408
202306 30.457 305.109 33.336
202309 31.805 307.789 34.509
202312 32.099 306.746 34.946
202403 30.889 312.332 33.027
202406 32.156 314.175 34.180
202409 32.359 315.301 34.273
202412 34.214 315.605 36.203
202503 37.829 319.799 39.503
202506 35.232 322.561 36.476
202509 33.221 324.800 34.157
202512 33.071 324.054 34.081
202603 31.028 330.213 31.379
202606 30.437 333.952 30.437

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

What does a Cyclically Adjusted PB Ratio of 6.42 mean?
Microchip Technology (BSP:M1CH34) has a Cyclically Adjusted PB Ratio of 6.42 as of Aug. 21, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Microchip Technology and its competitors. This is 15% below median its historical median of 7.52. Over the past decade, Microchip Technology's Cyclically Adjusted PB Ratio has ranged from 3.16 to 10.81. According to the industry distribution chart, Microchip Technology ranks #506 out of 725 companies in the Semiconductors industry, placing it in the top 69.8%.
Is Microchip Technology's Cyclically Adjusted PB Ratio too high?
Microchip Technology's current Cyclically Adjusted PB Ratio of 6.42 is 15% below median its 10-year median of 7.52. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 10.81. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. Microchip Technology's value of 6.42 is 101.9% above this industry median. Based on the distribution chart, Microchip Technology ranks #506 out of 725 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Microchip Technology has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microchip Technology's Cyclically Adjusted PB Ratio compare to CBRS and CRDO?
According to the Semiconductors industry distribution chart, Microchip Technology ranks #506 out of 725 companies for Cyclically Adjusted PB Ratio. This places Microchip Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. Microchip Technology's value of 6.42 is 101.9% above this benchmark. Historically, Microchip Technology's own Cyclically Adjusted PB Ratio has ranged from 3.16 to 10.81 over the past decade. While the company's 10-year median is 7.52 vs. the industry median of 3.18, Microchip Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 725 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Microchip Technology's current Cyclically Adjusted PB Ratio of 6.42 is 101.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Microchip Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microchip Technology's current Cyclically Adjusted PB Ratio is 6.42, which is 15% below median its own 10-year median of 7.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microchip Technology stock overvalued right now?
Based on GuruFocus' analysis, Microchip Technology (BSP:M1CH34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$165.93, compared to a current price of R$208.50 — trading 25.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.42, which is 15% below median its 10-year median of 7.52 and 101.9% above the Semiconductors industry median of 3.18. Microchip Technology's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Microchip Technology (BSP:M1CH34), the current Cyclically Adjusted PB Ratio is 6.42 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Microchip Technology (BSP:M1CH34) Overvalued in 2026?

Based on GuruFocus' analysis, Microchip Technology stock appears to be overvalued. The current stock price of R$208.50 is trading 25.7% above its estimated GF Value™ of R$165.93. GuruFocus considers Microchip Technology to be Modestly Overvalued.

Key valuation signals for BSP:M1CH34:

  • Cyclically Adjusted PB Ratio: 6.42 (15% below median its 10-year median of 7.52)
  • GF Value™: R$165.93 vs. price of R$208.50 (25.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 101.9% above the Semiconductors median (#506 of 725)

No single metric tells the full story. See the BSP:M1CH34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microchip Technology Business Description

Address 2355 W. 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.
75GF Score

Get the complete analysis for BSP:M1CH34

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$208.50
Price
R$165.93
GF Value