Qorvo (FRA:2QO) Cyclically Adjusted Book per Share: €39.49 (As of Mar. 2026)


FRA:2QO Qorvo Inc FRA:2QO
69 GF Score
Price €74.63
GF Value €79.37
Valuation Fairly Valued
! 4 Warning Signs
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What is Qorvo Cyclically Adjusted Book per Share?

Qorvo FRA:2QO +0.40% 69 Cyclically Adjusted Book per Share is €39.49 as of Mar. 2026. GuruFocus rates FRA:2QO with a GF Score™ of 69/100 and a GF Value™ of €79.37 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Qorvo's adjusted book value per share for the three months ended in Mar. 2026 was €32.970. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €39.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Qorvo's average Cyclically Adjusted Book Growth Rate was -0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-11), Qorvo's current stock price is €74.63. Qorvo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €39.49. Qorvo's Cyclically Adjusted PB Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Qorvo was 2.85. The lowest was 1.21. And the median was 1.95.


Qorvo  (FRA:2QO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Qorvo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=74.63/39.49
=1.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Qorvo was 2.85. The lowest was 1.21. And the median was 1.95.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Qorvo Cyclically Adjusted Book per Share Related Terms


Qorvo Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Qorvo's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qorvo Cyclically Adjusted Book per Share Chart

Qorvo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 40.30 42.00 39.49

Qorvo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.00 38.62 39.35 39.44 39.49

FRA:2QO vs MXL, VSH, CRUS: Cyclically Adjusted Book per Share Comparison

For the Semiconductors subindustry, Qorvo's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qorvo Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Qorvo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Qorvo's Cyclically Adjusted PB Ratio falls into.


FRA:2QO
69GF Score
Qorvo Inc FRA:2QO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qorvo Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Qorvo's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=32.97/330.2130*330.2130
=32.970

Current CPI (Mar. 2026) = 330.2130.

Qorvo Quarterly Data

Book Value per Share CPI Adj_Book
201606 35.049 241.018 48.020
201609 34.914 241.428 47.754
201612 36.493 241.432 49.912
201703 36.203 243.801 49.035
201706 34.367 244.955 46.329
201709 32.366 246.819 43.302
201712 32.211 246.524 43.146
201803 30.660 249.554 40.570
201806 31.883 251.989 41.780
201809 31.746 252.439 41.527
201812 32.711 251.233 42.994
201903 32.406 254.202 42.096
201906 32.546 256.143 41.957
201909 33.304 256.759 42.832
201912 33.744 256.974 43.361
202003 33.892 258.115 43.359
202006 33.789 257.797 43.280
202009 32.790 260.280 41.600
202012 32.675 260.474 41.423
202103 34.549 264.877 43.071
202106 34.693 271.696 42.165
202109 36.380 274.310 43.794
202112 38.010 278.802 45.019
202203 38.892 287.504 44.669
202206 39.369 296.311 43.873
202209 42.772 296.808 47.586
202212 39.305 296.797 43.730
202303 36.951 301.836 40.425
202306 35.887 305.109 38.840
202309 36.682 307.789 39.354
202312 34.509 306.746 37.149
202403 34.154 312.332 36.109
202406 34.106 314.175 35.847
202409 32.458 315.301 33.993
202412 34.506 315.605 36.103
202503 33.770 319.799 34.870
202506 32.112 322.561 32.874
202509 32.302 324.800 32.840
202512 34.088 324.054 34.736
202603 32.970 330.213 32.970

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €39.49 mean?
Qorvo (FRA:2QO) has a Cyclically Adjusted Book per Share of €39.49 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Qorvo and its competitors.
Is Qorvo's Cyclically Adjusted Book per Share too high?
Qorvo's current Cyclically Adjusted Book per Share is €39.49. Overall, Qorvo has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qorvo's Cyclically Adjusted Book per Share compare to MXL and VSH?
Qorvo's Cyclically Adjusted Book per Share of €39.49 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Qorvo and its competitors. Qorvo's current Cyclically Adjusted Book per Share is €39.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qorvo stock overvalued right now?
Based on GuruFocus' analysis, Qorvo (FRA:2QO) is currently considered Fairly Valued. The stock's GF Value™ is €79.37, compared to a current price of €74.63 — trading 6% below its estimated fair value. The current Cyclically Adjusted Book per Share is €39.49. Qorvo's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Qorvo (FRA:2QO), the current Cyclically Adjusted Book per Share is €39.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Qorvo (FRA:2QO) Overvalued in 2026?

Based on GuruFocus' analysis, Qorvo stock appears to be undervalued. The current stock price of €74.63 is trading 6% below its estimated GF Value™ of €79.37. GuruFocus considers Qorvo to be Fairly Valued.

Key valuation signals for FRA:2QO:

  • Cyclically Adjusted Book per Share: €39.49
  • GF Value™: €79.37 vs. price of €74.63 (6% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the FRA:2QO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qorvo Business Description

Address 7628 Thorndike Road, Greensboro, NC, USA, 27409-9421
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of non-smartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
69GF Score

Get the complete analysis for FRA:2QO

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€74.63
Price
€79.37
GF Value