Microchip Technology (MCHP)
(Delayed Data from NSDQ)
$90.68 USD
+4.49 (5.21%)
Updated Apr 24, 2024 04:00 PM ET
After-Market: $90.09 -0.59 (-0.65%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth D Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MCHP 90.68 +4.49(5.21%)
Will MCHP be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for MCHP based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MCHP
Microchip (MCHP) Enhances Aviation Footprint With Latest Solution
Microchip (MCHP) Bolsters Edge AI With Neuronix Acquisition
MCHP: What are Zacks experts saying now?
Zacks Private Portfolio Services
Microchip (MCHP) Boosts Auto Connectivity With VSI Acquisition
Company News for Apr 11, 2024
Microchip (MCHP) Expands Portfolio With AVR DU Family of MCUs
Other News for MCHP
Microchip Technology’s Aviation Push And AI Deal Propel Shares Higher
Texas Instruments (TXN) Forecasts Promising Q2 Earnings, Signaling Potential Market Recovery
Microchip Technology Inc (MCHP)'s Winning Formula: Financial Metrics and Competitive Strengths
Texas Instruments price target raised by $15 at BofA, here's why
Fly Intel: After-Hours Movers