Qorvo (LTS:0KSJ) Cyclically Adjusted PB Ratio: 2.06 (As of Aug. 17, 2026) — Near Median

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LTS:0KSJ Qorvo Inc LTS:0KSJ
72 GF Score
Price $97.26
GF Value $93.57
Valuation Fairly Valued
! 6 Warning Signs
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What is Qorvo Cyclically Adjusted PB Ratio?

Qorvo LTS:0KSJ -1.26% 72 Cyclically Adjusted PB Ratio is 2.06 as of Aug. 17, 2026, which is 6% above its 10-year median of 1.95. GuruFocus rates LTS:0KSJ with a GF Score™ of 72/100 and a GF Value™ of $93.57 (Fairly Valued). The stock has 6 warning signs investors should review. Among 727 Semiconductors companies, Qorvo ranks better than 63.14% on this metric.

As of today (2026-08-17), Qorvo's current share price is $97.26. Qorvo's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $47.10. Qorvo's Cyclically Adjusted PB Ratio for today is 2.06.

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

LTS:0KSJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.95   Max: 2.85
Current: 2.11

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.

LTS:0KSJ's Cyclically Adjusted PB Ratio is ranked better than
63.14% of 727 companies
in the Semiconductors industry
Industry Median: 3.35 vs LTS:0KSJ: 2.11

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 $39.356. 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 $47.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qorvo  (LTS:0KSJ) 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

LTS:0KSJ vs SLAB, CRUS, ALGM: 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.


LTS:0KSJ
72GF Score
Qorvo Inc LTS:0KSJ
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
=97.26/47.10
=2.06

* 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)
=39.356/333.9520*333.9520
=39.356

Current CPI (Jun. 2026) = 333.9520.

Qorvo Quarterly Data

Book Value per Share CPI Adj_Book
201609 39.186 241.428 54.204
201612 38.495 241.432 53.247
201703 38.720 243.801 53.038
201706 38.614 244.955 52.643
201709 38.577 246.819 52.196
201712 38.119 246.524 51.638
201803 37.805 249.554 50.590
201806 37.247 251.989 49.362
201809 37.043 252.439 49.004
201812 37.214 251.233 49.467
201903 36.617 254.202 48.105
201906 36.775 256.143 47.946
201909 36.679 256.759 47.706
201912 37.493 256.974 48.724
202003 37.450 258.115 48.453
202006 38.051 257.797 49.292
202009 38.622 260.280 49.554
202012 39.751 260.474 50.964
202103 41.130 264.877 51.856
202106 41.798 271.696 51.376
202109 42.800 274.310 52.106
202112 42.949 278.802 51.445
202203 42.832 287.504 49.752
202206 41.616 296.311 46.903
202209 42.349 296.808 47.649
202212 41.637 296.797 46.849
202303 39.562 301.836 43.771
202306 38.881 305.109 42.557
202309 39.148 307.789 42.476
202312 37.633 306.746 40.971
202403 37.124 312.332 39.694
202406 36.712 314.175 39.023
202409 36.024 315.301 38.155
202412 36.132 315.605 38.232
202503 36.508 319.799 38.124
202506 37.038 322.561 38.346
202509 37.914 324.800 38.982
202512 39.916 324.054 41.135
202603 38.116 330.213 38.548
202606 39.356 333.952 39.356

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 2.06 mean?
Qorvo (LTS:0KSJ) has a Cyclically Adjusted PB Ratio of 2.06 as of Aug. 17, 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 #268 out of 727 companies in the Semiconductors industry, placing it in the top 36.9%.
Is Qorvo's Cyclically Adjusted PB Ratio too high?
Qorvo's current Cyclically Adjusted PB Ratio of 2.06 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 3.35. Qorvo's value of 2.06 is 38.5% below this industry median. Based on the distribution chart, Qorvo ranks #268 out of 727 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Qorvo has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qorvo's Cyclically Adjusted PB Ratio compare to SLAB and CRUS?
According to the Semiconductors industry distribution chart, Qorvo ranks #268 out of 727 companies for Cyclically Adjusted PB Ratio. This puts Qorvo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.35. Qorvo's value of 2.06 is 38.5% 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 3.35, 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 3.35, based on 727 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 2.06 is 38.5% 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 3.35 — 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 2.06, 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?
Based on GuruFocus' analysis, Qorvo (LTS:0KSJ) is currently considered Fairly Valued. The stock's GF Value™ is $93.57, compared to a current price of $97.26 — trading 3.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.06, which is near median its 10-year median of 1.95 and 38.5% below the Semiconductors industry median of 3.35. Qorvo's overall GF Score™ is 72/100 with 6 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 (LTS:0KSJ), the current Cyclically Adjusted PB Ratio is 2.06 as of Aug. 17, 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 (LTS:0KSJ) Overvalued in 2026?

Based on GuruFocus' analysis, Qorvo stock appears to be overvalued. The current stock price of $97.26 is trading 3.9% above its estimated GF Value™ of $93.57. GuruFocus considers Qorvo to be Fairly Valued.

Key valuation signals for LTS:0KSJ:

  • Cyclically Adjusted PB Ratio: 2.06 (near median its 10-year median of 1.95)
  • GF Value™: $93.57 vs. price of $97.26 (3.9% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 38.5% below the Semiconductors median (#268 of 727)

No single metric tells the full story. See the LTS:0KSJ 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.
72GF Score

Get the complete analysis for LTS:0KSJ

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

$97.26
Price
$93.57
GF Value