• Microchip Technology average price/book ratio for 2024 was 6.61, a 1.23% decline from 2023.
• Microchip Technology average price/book ratio for 2023 was 6.53, a 14.96% increase from 2022.
• Microchip Technology average price/book ratio for 2022 was 5.68, a 21.87% increase from 2021.

Price/book ratio can be defined as