Qorvo (BSP:Q1RV34) Cyclically Adjusted PB Ratio: 2.10 (As of Aug. 31, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:Q1RV34 Qorvo Inc BSP:Q1RV34
68 GF Score
Price R$257.00
GF Value R$251.25
! 4 Warning Signs
View Full Analysis

What is Qorvo Cyclically Adjusted PB Ratio?

Qorvo BSP:Q1RV34 68 Cyclically Adjusted PB Ratio is 2.10 as of Aug. 31, 2026, which is 8% above its 10-year median of 1.95. GuruFocus rates BSP:Q1RV34 with a GF Score™ of 68/100 and a GF Value™ of R$251.25. The stock has 4 warning signs investors should review. Among 724 Semiconductors companies, Qorvo ranks better than 63.4% on this metric.

As of today (2026-08-31), Qorvo's current share price is R$257.00. Qorvo's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$122.35. Qorvo's Cyclically Adjusted PB Ratio for today is 2.10.

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

BSP:Q1RV34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.95   Max: 2.85
Current: 2.03

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

BSP:Q1RV34's Cyclically Adjusted PB Ratio is ranked better than
63.4% of 724 companies
in the Semiconductors industry
Industry Median: 3.185 vs BSP:Q1RV34: 2.03

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 adjusted book value per share data for the three months ended in Jun. 2026 was R$100.833. 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$122.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qorvo  (BSP:Q1RV34) 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.


Qorvo Cyclically Adjusted PB Ratio Related Terms


Qorvo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qorvo'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.

Qorvo Cyclically Adjusted PB Ratio Chart

Qorvo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.64 1.55 1.67

Qorvo Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.82 1.96 1.84 1.67 2.00

BSP:Q1RV34 vs SIMO, RMBS, SLAB: Cyclically Adjusted PB Ratio 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.


BSP:Q1RV34
68GF Score
Qorvo Inc BSP:Q1RV34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qorvo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=257.00/122.35
=2.10

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=100.833/333.9520*333.9520
=100.833

Current CPI (Jun. 2026) = 333.9520.

Qorvo Quarterly Data

Book Value per Share CPI Adj_Book
201609 63.739 241.428 88.166
201612 64.556 241.432 89.295
201703 60.549 243.801 82.938
201706 63.624 244.955 86.740
201709 60.421 246.819 81.751
201712 62.802 246.524 85.074
201803 61.981 249.554 82.943
201806 70.229 251.989 93.072
201809 76.100 252.439 100.673
201812 72.258 251.233 96.049
201903 70.317 254.202 92.377
201906 70.897 256.143 92.434
201909 75.549 256.759 98.262
201912 76.945 256.974 99.994
202003 91.493 258.115 118.375
202006 98.711 257.797 127.871
202009 104.279 260.280 133.795
202012 102.252 260.474 131.097
202103 115.885 264.877 146.106
202106 105.091 271.696 129.171
202109 112.971 274.310 137.534
202112 121.437 278.802 145.459
202203 106.576 287.504 123.794
202206 105.033 296.311 118.376
202209 111.030 296.808 124.925
202212 109.201 296.797 122.871
202303 103.032 301.836 113.995
202306 94.359 305.109 103.279
202309 96.671 307.789 104.888
202312 92.197 306.746 100.374
202403 92.434 312.332 98.832
202406 98.868 314.175 105.092
202409 99.747 315.301 105.647
202412 110.219 315.605 116.626
202503 105.108 319.799 109.760
202506 102.703 322.561 106.330
202509 101.665 324.800 104.530
202512 108.883 324.054 112.209
202603 99.665 330.213 100.794
202606 100.833 333.952 100.833

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 2.10 mean?
Qorvo (BSP:Q1RV34) has a Cyclically Adjusted PB Ratio of 2.10 as of Aug. 31, 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 Qorvo and its competitors. This is near median its historical median of 1.95. Over the past decade, Qorvo's Cyclically Adjusted PB Ratio has ranged from 1.21 to 2.85. According to the industry distribution chart, Qorvo ranks #265 out of 724 companies in the Semiconductors industry, placing it in the top 36.6%.
Is Qorvo's Cyclically Adjusted PB Ratio too high?
Qorvo's current Cyclically Adjusted PB Ratio of 2.10 is near median its 10-year median of 1.95. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.85. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.19. Qorvo's value of 2.10 is 34.1% below this industry median. Based on the distribution chart, Qorvo ranks #265 out of 724 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Qorvo has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Qorvo's Cyclically Adjusted PB Ratio compare to SIMO and RMBS?
According to the Semiconductors industry distribution chart, Qorvo ranks #265 out of 724 companies for Cyclically Adjusted PB Ratio. This puts Qorvo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.19. Qorvo's value of 2.10 is 34.1% below this benchmark. Historically, Qorvo's own Cyclically Adjusted PB Ratio has ranged from 1.21 to 2.85 over the past decade. While the company's 10-year median is 1.95 vs. the industry median of 3.19, Qorvo has consistently been below 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. Qorvo's current Cyclically Adjusted PB Ratio of 2.10 is 34.1% below 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 Qorvo 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. Qorvo's current Cyclically Adjusted PB Ratio is 2.10, which is near median its own 10-year median of 1.95. 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?
Qorvo (BSP:Q1RV34) has a current Cyclically Adjusted PB Ratio of 2.10. The stock's GF Value™ is R$251.25, compared to a current price of R$257.00 — trading 2.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.10, which is near median its 10-year median of 1.95 and 34.1% below the Semiconductors industry median of 3.19. Qorvo's overall GF Score™ is 68/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Qorvo (BSP:Q1RV34), the current Cyclically Adjusted PB Ratio is 2.10 as of Aug. 31, 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 (BSP:Q1RV34) Overvalued in 2026?

Based on GuruFocus' analysis, Qorvo stock appears to be overvalued. The current stock price of R$257.00 is trading 2.3% above its estimated GF Value™ of R$251.25.

Key valuation signals for BSP:Q1RV34:

  • Cyclically Adjusted PB Ratio: 2.10 (near median its 10-year median of 1.95)
  • GF Value™: R$251.25 vs. price of R$257.00 (2.3% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 34.1% below the Semiconductors median (#265 of 724)

No single metric tells the full story. See the BSP:Q1RV34 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.
68GF Score

Get the complete analysis for BSP:Q1RV34

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

R$257.00
Price
R$251.25
GF Value