Microchip Technology (HAM:MCP) Cyclically Adjusted Revenue per Share: €10.44 (As of Mar. 2026)


HAM:MCP Microchip Technology Inc HAM:MCP
75 GF Score
Price €77.60
GF Value €52.01
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Microchip Technology Cyclically Adjusted Revenue per Share?

Microchip Technology HAM:MCP -1.67% 75 Cyclically Adjusted Revenue per Share is €10.44 as of Mar. 2026. GuruFocus rates HAM:MCP with a GF Score™ of 75/100 and a GF Value™ of €52.01 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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 Revenue per Share and 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 for the three months ended in Mar. 2026 was €2.070. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €10.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Microchip Technology's average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.70% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Microchip Technology was 15.90% per year. The lowest was 6.40% per year. And the median was 10.60% per year.

As of today (2026-07-13), Microchip Technology's current stock price is €77.60. Microchip Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €10.44. Microchip Technology's Cyclically Adjusted PS Ratio of today is 7.43.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Microchip Technology was 11.50. The lowest was 3.05. And the median was 7.79.


Microchip Technology  (HAM:MCP) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=77.60/10.44
=7.43

* 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 PS Ratio of Microchip Technology was 11.50. The lowest was 3.05. And the median was 7.79.


Be Aware

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


Microchip Technology Cyclically Adjusted Revenue per Share Related Terms


Microchip Technology Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

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

Microchip Technology Cyclically Adjusted Revenue per Share Chart

Microchip Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 9.37 10.45 10.87 10.44

Microchip Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 10.87 10.19 10.25 10.41 10.44

HAM:MCP vs CRDO, GFS, CBRS: Cyclically Adjusted Revenue per Share 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.


HAM:MCP
75GF Score
Microchip Technology Inc HAM:MCP
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microchip Technology Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.07/330.2130*330.2130
=2.070

Current CPI (Mar. 2026) = 330.2130.

Microchip Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.660 241.018 2.274
201609 1.659 241.428 2.269
201612 1.680 241.432 2.298
201703 1.765 243.801 2.391
201706 1.781 244.955 2.401
201709 1.734 246.819 2.320
201712 1.794 246.524 2.403
201803 1.615 249.554 2.137
201806 2.058 251.989 2.697
201809 2.438 252.439 3.189
201812 2.470 251.233 3.246
201903 2.343 254.202 3.044
201906 2.305 256.143 2.972
201909 2.379 256.759 3.060
201912 2.243 256.974 2.882
202003 2.332 258.115 2.983
202006 2.256 257.797 2.890
202009 2.077 260.280 2.635
202012 2.018 260.474 2.558
202103 2.189 264.877 2.729
202106 2.305 271.696 2.801
202109 2.478 274.310 2.983
202112 2.742 278.802 3.248
202203 2.962 287.504 3.402
202206 3.308 296.311 3.686
202209 3.751 296.808 4.173
202212 3.687 296.797 4.102
202303 3.764 301.836 4.118
202306 3.831 305.109 4.146
202309 3.846 307.789 4.126
202312 2.963 306.746 3.190
202403 2.238 312.332 2.366
202406 2.124 314.175 2.232
202409 1.935 315.301 2.027
202412 1.823 315.605 1.907
202503 1.667 319.799 1.721
202506 1.729 322.561 1.770
202509 1.783 324.800 1.813
202512 1.857 324.054 1.892
202603 2.070 330.213 2.070

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €10.44 mean?
Microchip Technology (HAM:MCP) has a Cyclically Adjusted Revenue per Share of €10.44 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Microchip Technology and its competitors.
Is Microchip Technology's Cyclically Adjusted Revenue per Share too high?
Microchip Technology's current Cyclically Adjusted Revenue per Share is €10.44. Overall, Microchip Technology has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microchip Technology's Cyclically Adjusted Revenue per Share compare to CRDO and GFS?
Microchip Technology's Cyclically Adjusted Revenue per Share of €10.44 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Microchip Technology and its competitors. Microchip Technology's current Cyclically Adjusted Revenue per Share is €10.44. 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 (HAM:MCP) is currently considered Significantly Overvalued. The stock's GF Value™ is €52.01, compared to a current price of €77.60 — trading 49.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €10.44. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Microchip Technology (HAM:MCP), the current Cyclically Adjusted Revenue per Share is €10.44 as of Mar. 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 (HAM:MCP) Overvalued in 2026?

Based on GuruFocus' analysis, Microchip Technology stock appears to be overvalued. The current stock price of €77.60 is trading 49.2% above its estimated GF Value™ of €52.01. GuruFocus considers Microchip Technology to be Significantly Overvalued.

Key valuation signals for HAM:MCP:

  • Cyclically Adjusted Revenue per Share: €10.44
  • GF Value™: €52.01 vs. price of €77.60 (49.2% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the HAM:MCP 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 HAM:MCP

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

€77.60
Price
€52.01
GF Value