Qorvo (MIL:1QRVO) Cyclically Adjusted PS 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 PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Qorvo  (MIL:1QRVO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Qorvo Cyclically Adjusted PS Ratio Related Terms


Qorvo Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Qorvo's Cyclically Adjusted PS 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 PS Ratio Chart

Qorvo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.03

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 PS 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 2.18 2.43 2.27 2.01 2.42

MIL:1QRVO vs SIMO, RMBS, SLAB: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Qorvo's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Qorvo's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Qorvo's Cyclically Adjusted PS Ratio falls into.


MIL:1QRVO
44GF Score
Qorvo Inc MIL:1QRVO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qorvo Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.553/333.9520*333.9520
=7.553

Current CPI (Jun. 2026) = 333.9520.

Qorvo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.855 241.428 8.099
201612 6.041 241.432 8.356
201703 4.605 243.801 6.308
201707 4.483 244.786 6.116
201709 5.353 246.819 7.243
201712 5.654 246.524 7.659
201803 4.279 249.554 5.726
201806 4.607 251.989 6.105
201809 5.915 252.439 7.825
201812 5.751 251.233 7.645
201903 4.834 254.202 6.351
201906 5.699 256.143 7.430
201909 6.075 256.759 7.901
201912 6.627 256.974 8.612
202003 6.072 258.115 7.856
202006 6.125 257.797 7.934
202009 7.813 260.280 10.024
202012 7.938 260.474 10.177
202103 7.744 264.877 9.763
202106 8.094 271.696 9.949
202109 9.473 274.310 11.533
202112 8.795 278.802 10.535
202203 9.564 287.504 11.109
202206 9.158 296.311 10.321
202209 11.089 296.808 12.477
202212 7.223 296.797 8.127
202303 5.978 301.836 6.614
202306 6.074 305.109 6.648
202309 10.288 307.789 11.163
202312 10.281 306.746 11.193
202403 8.907 312.332 9.524
202406 8.534 314.175 9.071
202409 10.040 315.301 10.634
202412 9.039 315.605 9.564
202503 8.779 319.799 9.168
202506 7.704 322.561 7.976
202509 9.657 324.800 9.929
202512 9.117 324.054 9.395
202603 7.459 330.213 7.543
202606 7.553 333.952 7.553

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS 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 PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€102.90
Price
€83.53
GF Value