63.7.1.1 Baud Rate in Asynchronous Mode
If the USART is programmed to operate in Asynchronous mode, the selected clock is first divided by CD, which is field-programmed in FLEX_US_BRGR. The resulting clock is provided to the receiver as a sampling clock and then divided by 16 or 8, depending on the programming of FLEX_US_MR.OVER.
If OVER is set, the receiver sampling is eight times higher than the baud rate clock. If OVER is cleared, the sampling is performed at 16 times the baud rate clock.
The baud rate is calculated as per the following formula:
This gives a maximum baud rate of peripheral clock divided by 8, assuming that peripheral clock is the highest possible clock and that the OVER bit is set.