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Marvell Technology (FRA:9MW) Cyclically Adjusted PB Ratio : 4.76 (As of May. 14, 2024)


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What is Marvell Technology Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Marvell Technology's current share price is €63.17. Marvell Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €13.27. Marvell Technology's Cyclically Adjusted PB Ratio for today is 4.76.

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

FRA:9MW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.43   Max: 7.69
Current: 4.8

During the past years, Marvell Technology's highest Cyclically Adjusted PB Ratio was 7.69. The lowest was 1.01. And the median was 2.43.

FRA:9MW's Cyclically Adjusted PB Ratio is ranked worse than
76.69% of 682 companies
in the Semiconductors industry
Industry Median: 2.475 vs FRA:9MW: 4.80

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 Jan. 2024 was €15.730. 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 €13.27 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marvell Technology Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Marvell Technology Cyclically Adjusted PB Ratio Chart

Marvell Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 5.01 5.97 3.21 4.71

Marvell Technology Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.21 2.86 4.63 3.30 4.71

Competitive Comparison of Marvell Technology's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=63.17/13.27
=4.76

* 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 Jan. 2024 is calculated as:

For example, Marvell Technology's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=15.73/129.4194*129.4194
=15.730

Current CPI (Jan. 2024) = 129.4194.

Marvell Technology Quarterly Data

Book Value per Share CPI Adj_Book
201404 6.800 100.023 8.798
201407 7.128 100.520 9.177
201410 7.771 100.176 10.040
201501 8.603 98.604 11.292
201504 9.145 99.824 11.856
201507 7.401 100.691 9.513
201510 7.217 100.346 9.308
201601 7.512 99.957 9.726
201604 7.066 100.947 9.059
201607 7.363 101.524 9.386
201610 7.474 101.988 9.484
201701 7.481 102.456 9.450
201704 7.368 103.167 9.243
201707 6.949 103.278 8.708
201710 7.036 104.070 8.750
201801 6.848 104.578 8.475
201804 6.989 105.708 8.557
201807 10.013 106.324 12.188
201810 10.025 106.695 12.160
201901 9.719 106.200 11.844
201904 9.730 107.818 11.679
201907 9.637 108.250 11.522
201910 9.664 108.577 11.519
202001 11.794 108.841 14.024
202004 11.805 108.173 14.124
202007 10.930 109.318 12.940
202010 10.616 109.861 12.506
202101 10.254 110.364 12.024
202104 15.212 112.673 17.473
202107 15.146 115.183 17.018
202110 16.068 116.696 17.820
202201 16.394 118.619 17.887
202204 16.838 121.978 17.865
202207 17.908 125.002 18.541
202210 18.512 125.734 19.055
202301 16.950 126.223 17.379
202304 16.433 127.992 16.616
202307 16.115 128.974 16.171
202310 16.691 129.810 16.641
202401 15.730 129.419 15.730

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.


Marvell Technology  (FRA:9MW) 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

Thank you for viewing the detailed overview of Marvell Technology's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Marvell Technology (FRA:9MW) 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, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.

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