Qorvo (MEX:QRVO) Cyclically Adjusted PB Ratio: 2.00 (As of Aug. 05, 2026) — Near Median

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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.
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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.

MEX:QRVO Qorvo Inc MEX:QRVO
69 GF Score
Price MXN1,830.00
GF Value MXN1,891.35
! 4 Warning Signs
View Full Analysis

What is Qorvo Cyclically Adjusted PB Ratio?

Qorvo MEX:QRVO 69 Cyclically Adjusted PB Ratio is 2.00 as of Aug. 05, 2026, which is 3% above its 10-year median of 1.94. GuruFocus rates MEX:QRVO with a GF Score™ of 69/100 and a GF Value™ of MXN1,891.35. The stock has 4 warning signs investors should review. Among 731 Semiconductors companies, Qorvo ranks better than 63.47% on this metric.

As of today (2026-08-05), Qorvo's current share price is MXN1830.00. Qorvo's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN914.12. Qorvo's Cyclically Adjusted PB Ratio for today is 2.00.

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

MEX:QRVO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.94   Max: 2.85
Current: 1.92

During the past years, Qorvo's highest Cyclically Adjusted PB Ratio was 2.85. The lowest was 1.21. And the median was 1.94.

MEX:QRVO's Cyclically Adjusted PB Ratio is ranked better than
63.47% of 731 companies
in the Semiconductors industry
Industry Median: 3.1 vs MEX:QRVO: 1.92

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 MXN686.726. 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 MXN914.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qorvo  (MEX:QRVO) 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

MEX:QRVO 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.


MEX:QRVO
69GF Score
Qorvo Inc MEX:QRVO
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
=1830.00/914.12
=2.00

* 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)
=686.726/333.9520*333.9520
=686.726

Current CPI (Jun. 2026) = 333.9520.

Qorvo Quarterly Data

Book Value per Share CPI Adj_Book
201609 757.673 241.428 1,048.041
201612 793.652 241.432 1,097.790
201703 729.064 243.801 998.652
201706 697.989 244.955 951.582
201709 700.097 246.819 947.248
201712 748.646 246.524 1,014.148
201803 686.820 249.554 919.099
201806 731.878 251.989 969.932
201809 692.898 252.439 916.636
201812 730.691 251.233 971.273
201903 710.288 254.202 933.124
201906 706.406 256.143 920.992
201909 724.108 256.759 941.807
201912 707.120 256.974 918.942
202003 878.119 258.115 1,136.120
202006 878.289 257.797 1,137.742
202009 853.193 260.280 1,094.688
202012 790.719 260.474 1,013.776
202103 840.730 264.877 1,059.977
202106 832.038 271.696 1,022.690
202109 880.058 274.310 1,071.405
202112 881.059 278.802 1,055.342
202203 852.837 287.504 990.618
202206 837.232 296.311 943.587
202209 851.842 296.808 958.446
202212 811.754 296.797 913.375
202303 713.113 301.836 788.990
202306 666.575 305.109 729.589
202309 681.919 307.789 739.884
202312 638.790 306.746 695.446
202403 616.114 312.332 658.762
202406 672.570 314.175 714.908
202409 709.322 315.301 751.281
202412 753.549 315.605 797.355
202503 746.885 319.799 779.939
202506 697.399 322.561 722.027
202509 695.494 324.800 715.091
202512 718.710 324.054 740.662
202603 687.327 330.213 695.110
202606 686.726 333.952 686.726

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 2.00 mean?
Qorvo (MEX:QRVO) has a Cyclically Adjusted PB Ratio of 2.00 as of Aug. 05, 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 1.94. 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 #267 out of 731 companies in the Semiconductors industry, placing it in the top 36.5%.
Is Qorvo's Cyclically Adjusted PB Ratio too high?
Qorvo's current Cyclically Adjusted PB Ratio of 2.00 is near median its 10-year median of 1.94. 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 3.10. Qorvo's value of 2.00 is 35.5% below this industry median. Based on the distribution chart, Qorvo ranks #267 out of 731 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Qorvo has a GF Score™ of 69/100, 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 #267 out of 731 companies for Cyclically Adjusted PB Ratio. This puts Qorvo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.10. Qorvo's value of 2.00 is 35.5% 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 1.94 vs. the industry median of 3.10, 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 3.10, based on 731 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 2.00 is 35.5% 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 3.10 — 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 2.00, which is near median its own 10-year median of 1.94. 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 (MEX:QRVO) has a current Cyclically Adjusted PB Ratio of 2.00. The stock's GF Value™ is MXN1,891.35, compared to a current price of MXN1,830.00 — trading 3.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.00, which is near median its 10-year median of 1.94 and 35.5% below the Semiconductors industry median of 3.10. 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Qorvo (MEX:QRVO), the current Cyclically Adjusted PB Ratio is 2.00 as of Aug. 05, 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 (MEX:QRVO) Overvalued in 2026?

Based on GuruFocus' analysis, Qorvo stock appears to be undervalued. The current stock price of MXN1,830.00 is trading 3.2% below its estimated GF Value™ of MXN1,891.35.

Key valuation signals for MEX:QRVO:

  • Cyclically Adjusted PB Ratio: 2.00 (near median its 10-year median of 1.94)
  • GF Value™: MXN1,891.35 vs. price of MXN1,830.00 (3.2% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 35.5% below the Semiconductors median (#267 of 731)

No single metric tells the full story. See the MEX:QRVO 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 MEX:QRVO

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

MXN1,830.00
Price
MXN1,891.35
GF Value