Marvell Technology (BSP:M2RV34) Cyclically Adjusted PB Ratio: 13.32 (As of Aug. 30, 2026) — 249% Above Median

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BSP:M2RV34 Marvell Technology Inc BSP:M2RV34
51 GF Score
Price R$112.82
GF Value R$58.61
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Marvell Technology Cyclically Adjusted PB Ratio?

Marvell Technology BSP:M2RV34 -9.78% 51 Cyclically Adjusted PB Ratio is 13.32 as of Aug. 30, 2026, which is 249% above its 10-year median of 3.82. GuruFocus rates BSP:M2RV34 with a GF Score™ of 51/100 and a GF Value™ of R$58.61 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 724 Semiconductors companies, Marvell Technology ranks worse than 87.71% on this metric.

As of today (2026-08-30), Marvell Technology's current share price is R$112.82. Marvell Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was R$8.47. Marvell Technology's Cyclically Adjusted PB Ratio for today is 13.32.

The historical rank and industry rank for Marvell Technology's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:M2RV34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.5   Med: 3.82   Max: 18.8
Current: 12.9

During the past years, Marvell Technology's highest Cyclically Adjusted PB Ratio was 18.80. The lowest was 1.50. And the median was 3.82.

BSP:M2RV34's Cyclically Adjusted PB Ratio is ranked worse than
87.71% of 724 companies
in the Semiconductors industry
Industry Median: 3.185 vs BSP:M2RV34: 12.90

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.

Marvell Technology's adjusted book value per share data for the three months ended in Jul. 2026 was R$105.358. 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 R$8.47 for the trailing ten years ended in Jul. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marvell Technology  (BSP:M2RV34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Marvell Technology Cyclically Adjusted PB Ratio Related Terms


Marvell Technology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Marvell Technology's Cyclically Adjusted PB Ratio 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.

Marvell Technology Cyclically Adjusted PB Ratio Chart

Marvell Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.01 3.23 4.72 7.48 4.96

Marvell Technology Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Cyclically Adjusted PB Ratio 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 5.18 5.96 4.96 10.00 11.17

BSP:M2RV34 vs QCOM, ADI, TXN: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Marvell Technology'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.


Marvell Technology Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


BSP:M2RV34
51GF Score
Marvell Technology Inc BSP:M2RV34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marvell Technology Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Marvell Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=112.82/8.47
=13.32

* 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.

Marvell Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=105.358/333.9180*333.9180
=105.358

Current CPI (Jul. 2026) = 333.9180.

Marvell Technology Quarterly Data

Book Value per Share CPI Adj_Book
201610 26.219 241.729 36.218
201701 25.388 242.839 34.910
201704 24.790 244.524 33.853
201707 25.645 244.786 34.983
201710 26.395 246.663 35.732
201801 26.820 247.867 36.131
201804 29.231 250.546 38.958
201807 44.709 252.006 59.241
201810 43.339 252.885 57.226
201901 41.448 251.712 54.984
201904 42.613 255.548 55.681
201907 40.820 256.571 53.126
201910 43.644 257.346 56.630
202001 54.299 257.971 70.285
202004 68.225 256.389 88.855
202007 66.252 259.101 85.383
202010 70.257 260.388 90.097
202101 67.038 261.582 85.576
202104 101.325 267.054 126.694
202107 92.401 273.003 113.018
202110 103.296 276.589 124.706
202201 102.555 281.148 121.804
202204 86.457 289.109 99.857
202207 97.794 296.276 110.219
202210 95.789 298.012 107.330
202301 94.839 299.170 105.854
202304 90.479 303.363 99.592
202307 85.575 305.691 93.477
202310 89.111 307.671 96.713
202401 84.275 308.417 91.243
202404 85.818 313.548 91.393
202407 90.913 314.540 96.514
202410 86.986 315.664 92.016
202501 93.197 317.671 97.963
202504 89.408 320.795 93.065
202507 86.144 323.048 89.043
202510 89.170 0.000
202601 90.039 325.252 92.438
202604 104.730 333.020 105.012
202607 105.358 333.918 105.358

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

What does a Cyclically Adjusted PB Ratio of 13.32 mean?
Marvell Technology (BSP:M2RV34) has a Cyclically Adjusted PB Ratio of 13.32 as of Aug. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Marvell Technology and its competitors. This is 249% above median its historical median of 3.82. Over the past decade, Marvell Technology's Cyclically Adjusted PB Ratio has ranged from 1.50 to 18.80. According to the industry distribution chart, Marvell Technology ranks #635 out of 724 companies in the Semiconductors industry, placing it in the top 87.7%.
Is Marvell Technology's Cyclically Adjusted PB Ratio too high?
Marvell Technology's current Cyclically Adjusted PB Ratio of 13.32 is 249% above median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 18.80. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.19. Marvell Technology's value of 13.32 is 318.2% above this industry median. Based on the distribution chart, Marvell Technology ranks #635 out of 724 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Marvell Technology has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marvell Technology's Cyclically Adjusted PB Ratio compare to QCOM and ADI?
According to the Semiconductors industry distribution chart, Marvell Technology ranks #635 out of 724 companies for Cyclically Adjusted PB Ratio. This places Marvell Technology in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.19. Marvell Technology's value of 13.32 is 318.2% above this benchmark. Historically, Marvell Technology's own Cyclically Adjusted PB Ratio has ranged from 1.50 to 18.80 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 3.19, Marvell Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.19, based on 724 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marvell Technology's current Cyclically Adjusted PB Ratio of 13.32 is 318.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Marvell Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marvell Technology's current Cyclically Adjusted PB Ratio is 13.32, which is 249% above median its own 10-year median of 3.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marvell Technology stock overvalued right now?
Based on GuruFocus' analysis, Marvell Technology (BSP:M2RV34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$58.61, compared to a current price of R$112.82 — trading 92.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.32, which is 249% above median its 10-year median of 3.82 and 318.2% above the Semiconductors industry median of 3.19. Marvell Technology's overall GF Score™ is 51/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Marvell Technology (BSP:M2RV34), the current Cyclically Adjusted PB Ratio is 13.32 as of Aug. 30, 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 Marvell Technology (BSP:M2RV34) Overvalued in 2026?

Based on GuruFocus' analysis, Marvell Technology stock appears to be overvalued. The current stock price of R$112.82 is trading 92.5% above its estimated GF Value™ of R$58.61. GuruFocus considers Marvell Technology to be Significantly Overvalued.

Key valuation signals for BSP:M2RV34:

  • Cyclically Adjusted PB Ratio: 13.32 (249% above median its 10-year median of 3.82)
  • GF Value™: R$58.61 vs. price of R$112.82 (92.5% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 318.2% above the Semiconductors median (#635 of 724)

No single metric tells the full story. See the BSP:M2RV34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marvell Technology Business Description

Address 1000 N. West Street, Suite 1200, Wilmington, DE, USA, 19801
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
51GF Score

Get the complete analysis for BSP:M2RV34

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

R$112.82
Price
R$58.61
GF Value