• Microchip Technology average price/book ratio for 2024 was 7.17, a 9.13% decline from 2023.
• Microchip Technology average price/book ratio for 2023 was 6.57, a 14.86% increase from 2022.
• Microchip Technology average price/book ratio for 2022 was 5.72, a 21.96% increase from 2021.

Price/book ratio can be defined as