• Microchip Technology average price/book ratio for 2024 was 6.55, a 1.24% decline from 2023.
• Microchip Technology average price/book ratio for 2023 was 6.47, a 14.72% increase from 2022.
• Microchip Technology average price/book ratio for 2022 was 5.64, a 21.88% increase from 2021.

Price/book ratio can be defined as