Microchip Technology (BSP:M1CH34) Cyclically Adjusted PS Ratio: 6.28 (As of Aug. 14, 2026) — 19% Below Median

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BSP:M1CH34 Microchip Technology Inc BSP:M1CH34
72 GF Score
Price R$203.90
GF Value R$164.98
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Microchip Technology Cyclically Adjusted PS Ratio?

Microchip Technology BSP:M1CH34 -4.15% 72 Cyclically Adjusted PS Ratio is 6.28 as of Aug. 14, 2026, which is 19% below its 10-year median of 7.79. GuruFocus rates BSP:M1CH34 with a GF Score™ of 72/100 and a GF Value™ of R$164.98 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 729 Semiconductors companies, Microchip Technology ranks worse than 69.68% on this metric.

As of today (2026-08-14), Microchip Technology's current share price is R$203.90. Microchip Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$32.49. Microchip Technology's Cyclically Adjusted PS Ratio for today is 6.28.

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

BSP:M1CH34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.05   Med: 7.79   Max: 11.5
Current: 6.18

During the past years, Microchip Technology's highest Cyclically Adjusted PS Ratio was 11.50. The lowest was 3.05. And the median was 7.79.

BSP:M1CH34's Cyclically Adjusted PS Ratio is ranked worse than
69.68% of 729 companies
in the Semiconductors industry
Industry Median: 3.02 vs BSP:M1CH34: 6.18

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Microchip Technology's adjusted revenue per share data for the three months ended in Jun. 2026 was R$6.910. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Microchip Technology Cyclically Adjusted PS Ratio Related Terms


Microchip Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Microchip Technology's Cyclically Adjusted PS 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 PS Ratio Chart

Microchip Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.57 8.19 7.86 4.08 5.20

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 PS 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 5.87 5.30 5.25 5.20 7.25

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

For the Semiconductors subindustry, Microchip Technology's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Semiconductors Industry

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

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


BSP:M1CH34
72GF Score
Microchip Technology Inc BSP:M1CH34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microchip Technology Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=203.90/32.49
=6.28

* 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 Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.91/333.9520*333.9520
=6.910

Current CPI (Jun. 2026) = 333.9520.

Microchip Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.029 241.428 4.190
201612 2.972 241.432 4.111
201703 2.951 243.801 4.042
201706 3.297 244.955 4.495
201709 3.238 246.819 4.381
201712 3.498 246.524 4.739
201803 3.266 249.554 4.371
201806 4.532 251.989 6.006
201809 5.844 252.439 7.731
201812 5.456 251.233 7.252
201903 5.085 254.202 6.680
201906 5.021 256.143 6.546
201909 5.397 256.759 7.020
201912 5.114 256.974 6.646
202003 6.295 258.115 8.145
202006 6.590 257.797 8.537
202009 6.605 260.280 8.475
202012 6.315 260.474 8.096
202103 7.341 264.877 9.255
202106 6.983 271.696 8.583
202109 7.695 274.310 9.368
202112 8.759 278.802 10.492
202203 8.117 287.504 9.428
202206 8.826 296.311 9.947
202209 9.736 296.808 10.954
202212 10.243 296.797 11.525
202303 10.496 301.836 11.613
202306 10.073 305.109 11.025
202309 10.136 307.789 10.998
202312 7.915 306.746 8.617
202403 6.057 312.332 6.476
202406 6.159 314.175 6.547
202409 5.945 315.301 6.297
202412 5.824 315.605 6.163
202503 5.189 319.799 5.419
202506 5.531 322.561 5.726
202509 5.611 324.800 5.769
202512 5.931 324.054 6.112
202603 6.258 330.213 6.329
202606 6.910 333.952 6.910

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 6.28 mean?
Microchip Technology (BSP:M1CH34) has a Cyclically Adjusted PS Ratio of 6.28 as of Aug. 14, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Microchip Technology and its competitors. This is 19% below median its historical median of 7.79. Over the past decade, Microchip Technology's Cyclically Adjusted PS Ratio has ranged from 3.05 to 11.50. According to the industry distribution chart, Microchip Technology ranks #508 out of 729 companies in the Semiconductors industry, placing it in the top 69.7%.
Is Microchip Technology's Cyclically Adjusted PS Ratio too high?
Microchip Technology's current Cyclically Adjusted PS Ratio of 6.28 is 19% below median its 10-year median of 7.79. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 11.50. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.02. Microchip Technology's value of 6.28 is 107.9% above this industry median. Based on the distribution chart, Microchip Technology ranks #508 out of 729 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Microchip Technology has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microchip Technology's Cyclically Adjusted PS Ratio compare to CBRS and CRDO?
According to the Semiconductors industry distribution chart, Microchip Technology ranks #508 out of 729 companies for Cyclically Adjusted PS Ratio. This places Microchip Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.02. Microchip Technology's value of 6.28 is 107.9% above this benchmark. Historically, Microchip Technology's own Cyclically Adjusted PS Ratio has ranged from 3.05 to 11.50 over the past decade. While the company's 10-year median is 7.79 vs. the industry median of 3.02, 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 PS Ratio for a Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.02, based on 729 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Microchip Technology's current Cyclically Adjusted PS Ratio of 6.28 is 107.9% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Microchip Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microchip Technology's current Cyclically Adjusted PS Ratio is 6.28, which is 19% below median its own 10-year median of 7.79. 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$164.98, compared to a current price of R$203.90 — trading 23.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.28, which is 19% below median its 10-year median of 7.79 and 107.9% above the Semiconductors industry median of 3.02. Microchip Technology's overall GF Score™ is 72/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Microchip Technology (BSP:M1CH34), the current Cyclically Adjusted PS Ratio is 6.28 as of Aug. 14, 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$203.90 is trading 23.6% above its estimated GF Value™ of R$164.98. GuruFocus considers Microchip Technology to be Modestly Overvalued.

Key valuation signals for BSP:M1CH34:

  • Cyclically Adjusted PS Ratio: 6.28 (19% below median its 10-year median of 7.79)
  • GF Value™: R$164.98 vs. price of R$203.90 (23.6% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 107.9% above the Semiconductors median (#508 of 729)

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.
72GF Score

Get the complete analysis for BSP:M1CH34

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

R$203.90
Price
R$164.98
GF Value