Qorvo (MIL:1QRVO) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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.

MIL:1QRVO Qorvo Inc MIL:1QRVO
44 GF Score
Price €102.90
GF Value €83.53
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Qorvo Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Qorvo  (MIL:1QRVO) 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 - - - - 1.69

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 1.70 1.94 1.85 1.66 2.03

MIL:1QRVO 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.


MIL:1QRVO
44GF Score
Qorvo Inc MIL:1QRVO
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 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)
=34.423/333.9520*333.9520
=34.423

Current CPI (Jun. 2026) = 333.9520.

Qorvo Quarterly Data

Book Value per Share CPI Adj_Book
201609 34.869 241.428 48.232
201612 36.497 241.432 50.483
201703 36.202 243.801 49.589
201707 33.856 244.786 46.188
201709 32.632 246.819 44.152
201712 31.579 246.524 42.778
201803 30.739 249.554 41.135
201806 31.902 251.989 42.279
201809 31.893 252.439 42.191
201812 32.554 251.233 43.272
201903 32.610 254.202 42.841
201906 32.293 256.143 42.103
201909 33.644 256.759 43.759
201912 33.401 256.974 43.406
202003 34.130 258.115 44.158
202006 33.879 257.797 43.887
202009 32.935 260.280 42.257
202012 32.488 260.474 41.653
202103 34.995 264.877 44.121
202106 35.246 271.696 43.322
202109 36.930 274.310 44.960
202112 37.767 278.802 45.238
202203 38.496 287.504 44.715
202206 39.807 296.311 44.864
202209 43.228 296.808 48.638
202212 39.013 296.797 43.897
202303 36.414 301.836 40.289
202306 35.638 305.109 39.007
202309 36.976 307.789 40.119
202312 34.068 306.746 37.090
202403 34.374 312.332 36.753
202406 34.254 314.175 36.410
202409 32.278 315.301 34.187
202412 34.893 315.605 36.921
202503 33.797 319.799 35.293
202506 31.553 322.561 32.667
202509 32.267 324.800 33.176
202512 33.987 324.054 35.025
202603 33.081 330.213 33.456
202606 34.423 333.952 34.423

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.

Is Qorvo (MIL:1QRVO) Overvalued in 2026?

Based on GuruFocus' analysis, Qorvo stock appears to be overvalued. The current stock price of €102.90 is trading 23.2% above its estimated GF Value™ of €83.53. GuruFocus considers Qorvo to be Modestly Overvalued.

Key valuation signals for MIL:1QRVO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €83.53 vs. price of €102.90 (23.2% above fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the MIL:1QRVO 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.
44GF Score

Get the complete analysis for MIL:1QRVO

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

€102.90
Price
€83.53
GF Value