MRVL (Marvell Technology) Cyclically Adjusted PS Ratio: 27.17 (As of Jul. 16, 2026) — 270% Above Median

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MRVL Marvell Technology Inc MRVL
69 GF Score
Price $188.30
GF Value $111.15
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Marvell Technology Cyclically Adjusted PS Ratio?

Marvell Technology MRVL -8.71% 69 Cyclically Adjusted PS Ratio is 27.17 as of Jul. 16, 2026, which is 270% above its 10-year median of 7.34. GuruFocus rates MRVL with a GF Score™ of 69/100 and a GF Value™ of $111.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 732 Semiconductors companies, Marvell Technology ranks worse than 93.44% on this metric.

As of today (2026-07-16), Marvell Technology's current share price is $188.30. Marvell Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was $6.93. Marvell Technology's Cyclically Adjusted PS Ratio for today is 27.17.

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

MRVL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.01   Med: 7.34   Max: 44.82
Current: 29.76

During the past years, Marvell Technology's highest Cyclically Adjusted PS Ratio was 44.82. The lowest was 2.01. And the median was 7.34.

MRVL's Cyclically Adjusted PS Ratio is ranked worse than
93.44% of 732 companies
in the Semiconductors industry
Industry Median: 3.265 vs MRVL: 29.76

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Marvell Technology's adjusted revenue per share data for the three months ended in Apr. 2026 was $2.707. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $6.93 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marvell Technology  (NAS:MRVL) 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.


Marvell Technology Cyclically Adjusted PS Ratio Related Terms


Marvell Technology Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Marvell Technology'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.

Marvell Technology Cyclically Adjusted PS Ratio Chart

Marvell Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.87 6.78 10.72 18.08 11.88

Marvell Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 9.22 12.52 14.39 11.88 23.83

MRVL vs TXN, QCOM, ADI: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Marvell Technology'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.


Marvell Technology Cyclically Adjusted PS Ratio vs Semiconductors Industry

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

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


MRVL
69GF Score
Marvell Technology Inc MRVL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marvell Technology 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.

Marvell Technology's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=188.30/6.93
=27.17

* 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 Revenue per Share for the quarter that ended in Apr. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.707/333.0200*333.0200
=2.707

Current CPI (Apr. 2026) = 333.0200.

Marvell Technology Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 1.161 240.628 1.607
201610 1.195 241.729 1.646
201701 1.088 242.839 1.492
201704 1.106 244.524 1.506
201707 1.185 244.786 1.612
201710 1.221 246.663 1.648
201801 1.217 247.867 1.635
201804 1.189 250.546 1.580
201807 1.184 252.006 1.565
201810 1.294 252.885 1.704
201901 1.132 251.712 1.498
201904 1.005 255.548 1.310
201907 0.989 256.571 1.284
201910 0.991 257.346 1.282
202001 1.021 257.971 1.318
202004 1.045 256.389 1.357
202007 1.089 259.101 1.400
202010 1.119 260.388 1.431
202101 1.184 261.582 1.507
202104 1.200 267.054 1.496
202107 1.310 273.003 1.598
202110 1.462 276.589 1.760
202201 1.590 281.148 1.883
202204 1.706 289.109 1.965
202207 1.768 296.276 1.987
202210 1.791 298.012 2.001
202301 1.661 299.170 1.849
202304 1.543 303.363 1.694
202307 1.558 305.691 1.697
202310 1.645 307.671 1.781
202401 1.649 308.417 1.781
202404 1.342 313.548 1.425
202407 1.470 314.540 1.556
202410 1.751 315.664 1.847
202501 2.100 317.671 2.201
202504 2.165 320.795 2.248
202507 2.305 323.048 2.376
202510 2.402 0.000
202601 2.553 325.252 2.614
202604 2.707 333.020 2.707

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.

What does a Cyclically Adjusted PS Ratio of 27.17 mean?
Marvell Technology (MRVL) has a Cyclically Adjusted PS Ratio of 27.17 as of Jul. 16, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Marvell Technology and its competitors. This is 270% above median its historical median of 7.34. Over the past decade, Marvell Technology's Cyclically Adjusted PS Ratio has ranged from 2.01 to 44.82. According to the industry distribution chart, Marvell Technology ranks #684 out of 732 companies in the Semiconductors industry, placing it in the top 93.4%.
Is Marvell Technology's Cyclically Adjusted PS Ratio too high?
Marvell Technology's current Cyclically Adjusted PS Ratio of 27.17 is 270% above median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 44.82. The Semiconductors industry median Cyclically Adjusted PS Ratio is 3.27. Marvell Technology's value of 27.17 is 732.2% above this industry median. Based on the distribution chart, Marvell Technology ranks #684 out of 732 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Marvell Technology has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marvell Technology's Cyclically Adjusted PS Ratio compare to TXN and QCOM?
According to the Semiconductors industry distribution chart, Marvell Technology ranks #684 out of 732 companies for Cyclically Adjusted PS Ratio. This places Marvell Technology in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.27. Marvell Technology's value of 27.17 is 732.2% above this benchmark. Historically, Marvell Technology's own Cyclically Adjusted PS Ratio has ranged from 2.01 to 44.82 over the past decade. While the company's 10-year median is 7.34 vs. the industry median of 3.27, Marvell Technology has consistently been above 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 PS Ratio for a Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 3.27, based on 732 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marvell Technology's current Cyclically Adjusted PS Ratio of 27.17 is 732.2% above 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Marvell Technology and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marvell Technology's current Cyclically Adjusted PS Ratio is 27.17, which is 270% above median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marvell Technology stock overvalued right now?
Based on GuruFocus' analysis, Marvell Technology (MRVL) is currently considered Significantly Overvalued. The stock's GF Value™ is $111.15, compared to a current price of $188.30 — trading 69.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 27.17, which is 270% above median its 10-year median of 7.34 and 732.2% above the Semiconductors industry median of 3.27. Marvell Technology's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Marvell Technology (MRVL), the current Cyclically Adjusted PS Ratio is 27.17 as of Jul. 16, 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 Marvell Technology (MRVL) Overvalued in 2026?

Based on GuruFocus' analysis, Marvell Technology stock appears to be overvalued. The current stock price of $188.30 is trading 69.4% above its estimated GF Value™ of $111.15. GuruFocus considers Marvell Technology to be Significantly Overvalued.

Key valuation signals for MRVL:

  • Cyclically Adjusted PS Ratio: 27.17 (270% above median its 10-year median of 7.34)
  • GF Value™: $111.15 vs. price of $188.30 (69.4% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 732.2% above the Semiconductors median (#684 of 732)

No single metric tells the full story. See the MRVL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marvell Technology 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, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
69GF Score

Get the complete analysis for MRVL

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

$188.30
Price
$111.15
GF Value