Microchip Technology (FRA:MCP) E10: €1.24 (As of Mar. 2026)


FRA:MCP Microchip Technology Inc FRA:MCP
71 GF Score
Price €84.55
GF Value €52.56
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Microchip Technology E10?

Microchip Technology FRA:MCP +2.08% 71 E10 is €1.24 as of Mar. 2026. GuruFocus rates FRA:MCP with a GF Score™ of 71/100 and a GF Value™ of €52.56 (Significantly Overvalued). The stock has 11 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Microchip Technology's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.182. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Microchip Technology's average E10 Growth Rate was -1.90% per year. During the past 3 years, the average E10 Growth Rate was 4.00% per year. During the past 5 years, the average E10 Growth Rate was 16.20% per year. During the past 10 years, the average E10 Growth Rate was 9.50% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Microchip Technology was 29.80% per year. The lowest was -2.60% per year. And the median was 9.00% per year.

As of today (2026-06-26), Microchip Technology's current stock price is €84.55. Microchip Technology's E10 for the quarter that ended in Mar. 2026 was €1.24. Microchip Technology's Shiller PE Ratio of today is 68.19.

During the past 13 years, the highest Shiller PE Ratio of Microchip Technology was 107.82. The lowest was 23.22. And the median was 57.57.


Microchip Technology  (FRA:MCP) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Microchip Technology's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=84.55/1.24
=68.19

* 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 Shiller P/E Ratio of Microchip Technology was 107.82. The lowest was 23.22. And the median was 57.57.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Microchip Technology E10 Related Terms


Microchip Technology E10 Historical Data

* Premium members only.

The historical data trend for Microchip Technology's E10 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 E10 Chart

Microchip Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.25 1.50 1.43 1.24

Microchip Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 1.43 1.31 1.29 1.30 1.24

FRA:MCP vs CBRS, ON, GFS: E10 Comparison

For the Semiconductors subindustry, Microchip Technology's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Microchip Technology's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Microchip Technology's Shiller PE Ratio falls into.


FRA:MCP
71GF Score
Microchip Technology Inc FRA:MCP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microchip Technology E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.182/330.2130*330.2130
=0.182

Current CPI (Mar. 2026) = 330.2130.

Microchip Technology Quarterly Data

per share eps CPI Adj_EPS
201606 -0.236 241.018 -0.323
201609 0.062 241.428 0.085
201612 0.218 241.432 0.298
201703 0.266 243.801 0.360
201706 0.312 244.955 0.421
201709 0.323 246.819 0.432
201712 -0.452 246.524 -0.605
201803 0.235 249.554 0.311
201806 0.060 251.989 0.079
201809 0.163 252.439 0.213
201812 0.088 251.233 0.116
201903 0.310 254.202 0.403
201906 0.089 256.143 0.115
201909 0.195 256.759 0.251
201912 0.540 256.974 0.694
202003 0.176 258.115 0.225
202006 0.213 257.797 0.273
202009 0.119 260.280 0.151
202012 0.058 260.474 0.074
202103 0.172 264.877 0.214
202106 0.374 271.696 0.455
202109 0.366 274.310 0.441
202112 0.549 278.802 0.650
202203 0.699 287.504 0.803
202206 0.851 296.311 0.948
202209 0.990 296.808 1.101
202212 0.982 296.797 1.093
202303 1.018 301.836 1.114
202306 1.117 305.109 1.209
202309 1.134 307.789 1.217
202312 0.706 306.746 0.760
202403 0.258 312.332 0.273
202406 0.223 314.175 0.234
202409 0.126 315.301 0.132
202412 -0.096 315.605 -0.100
202503 -0.268 319.799 -0.277
202506 -0.078 322.561 -0.080
202509 0.026 324.800 0.026
202512 0.051 324.054 0.052
202603 0.182 330.213 0.182

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €1.24 mean?
Microchip Technology (FRA:MCP) has a E10 of €1.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Microchip Technology and its competitors.
Is Microchip Technology's E10 too high?
Microchip Technology's current E10 is €1.24. Overall, Microchip Technology has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microchip Technology's E10 compare to CBRS and ON?
Microchip Technology's E10 of €1.24 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 E10 for a Semiconductors company?
A good E10 depends on the Semiconductors industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Microchip Technology and its competitors. Microchip Technology's current E10 is €1.24. 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 (FRA:MCP) is currently considered Significantly Overvalued. The stock's GF Value™ is €52.56, compared to a current price of €84.55 — trading 60.9% above its estimated fair value. The current E10 is €1.24. Microchip Technology's overall GF Score™ is 71/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Microchip Technology (FRA:MCP), the current E10 is €1.24 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 (FRA:MCP) Overvalued in 2026?

Based on GuruFocus' analysis, Microchip Technology stock appears to be overvalued. The current stock price of €84.55 is trading 60.9% above its estimated GF Value™ of €52.56. GuruFocus considers Microchip Technology to be Significantly Overvalued.

Key valuation signals for FRA:MCP:

  • E10: €1.24
  • GF Value™: €52.56 vs. price of €84.55 (60.9% above fair value)
  • GF Score™: 71/100 with 11 warning signs

No single metric tells the full story. See the FRA: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.
71GF Score

Get the complete analysis for FRA:MCP

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€84.55
Price
€52.56
GF Value