CBRS vs. MCHP: Cerebras Systems vs. Microchip Stock Comparison

Company Profile

Cerebras Systems (CBRS) and Microchip (MCHP) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Microchip (MCHP) has been public since March 19, 1993, giving it decades of market history across multiple cycles, while Cerebras Systems (CBRS) listed only on May 14, 2026 and lacks comparable through-cycle data.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Both CBRS and MCHP need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Microchip (MCHP) earns 12.57% on shareholders’ equity, ranked against its industry; Cerebras Systems (CBRS) has no ROE this period.

Cerebras Systems (CBRS) reports a negative net margin of -75.27%, usually indicating a net loss over the period. Meanwhile Microchip (MCHP) reports 14.96%, ranking against industry peers normally.

Cerebras Systems (CBRS) reports a negative operating margin of -264.97%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Microchip (MCHP) reports 29.13%, ranking against industry peers normally.

Profitability Metrics

Growth

Cerebras Systems (CBRS) at 75.71% clears its industry range for revenue growth, far stronger top-line momentum than Microchip (MCHP) at 7.08%, which is closer to a typical peer reading.

Neither Cerebras Systems (CBRS) nor Microchip (MCHP) reports a EPS growth value for this period, so a direct comparison isn't possible.

Growth Metrics

Financial Strength

Cerebras Systems (CBRS) at 5.83 carries current ratio above its industry’s typical mid-range, while Microchip (MCHP) at 2.24 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

Cerebras Systems (CBRS) at 0.16 carries an industry-typical debt-to-equity mix, while Microchip (MCHP) at 0.84 uses more debt funding than most peers.

Financial Strength Metrics

Dividends

Cerebras Systems (CBRS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Microchip (MCHP) reports a yield of 2.81%, ranking against industry peers normally.

Microchip (MCHP) reports payout ratio above 100% at 136.84%, meaning dividends exceeded current-period earnings; Cerebras Systems (CBRS) pays no dividend (payout 0.00%).

Dividend Metrics

Valuation

An earnings multiple is available for just one side: Microchip (MCHP) trades at 43.87 times trailing earnings, ranked against its peers, while Cerebras Systems (CBRS) has no P/E ratio this period.

Microchip (MCHP) at 5.67 prices around its industry’s typical P/S ratio, while Cerebras Systems (CBRS) at 31.30 clears its benchmark range — CBRS looks notably rich on sales.

Cerebras Systems (CBRS) at 2.23 sits in the lower P/B ratio quartile against book while Microchip (MCHP) at 4.78 is valued near its industry’s middle — CBRS is cheaper on assets, though weigh it against ROE and asset quality.

Valuation Metrics