Qorvo (FRA:2QO) E10: €2.44 (As of Mar. 2026)


FRA:2QO Qorvo Inc FRA:2QO
69 GF Score
Price €74.63
GF Value €79.37
Valuation Fairly Valued
! 4 Warning Signs
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What is Qorvo E10?

Qorvo FRA:2QO +0.40% 69 E10 is €2.44 as of Mar. 2026. GuruFocus rates FRA:2QO with a GF Score™ of 69/100 and a GF Value™ of €79.37 (Fairly Valued). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Qorvo's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.277. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Qorvo's average E10 Growth Rate was 20.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-07-11), Qorvo's current stock price is €74.63. Qorvo's E10 for the quarter that ended in Mar. 2026 was €2.44. Qorvo's Shiller PE Ratio of today is 30.59.

During the past 13 years, the highest Shiller PE Ratio of Qorvo was 51.12. The lowest was 23.64. And the median was 34.74.


Qorvo  (FRA:2QO) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Qorvo's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=74.63/2.44
=30.59

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Qorvo was 51.12. The lowest was 23.64. And the median was 34.74.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Qorvo E10 Related Terms


Qorvo E10 Historical Data

* Premium members only.

The historical data trend for Qorvo's E10 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 E10 Chart

Qorvo Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.20 2.14 2.44

Qorvo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 2.14 2.02 2.18 2.36 2.44

FRA:2QO vs MXL, VSH, CRUS: E10 Comparison

For the Semiconductors subindustry, Qorvo's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Qorvo's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Qorvo's Shiller PE Ratio falls into.


FRA:2QO
69GF Score
Qorvo Inc FRA:2QO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qorvo E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Qorvo's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.277/330.2130*330.2130
=0.277

Current CPI (Mar. 2026) = 330.2130.

Qorvo Quarterly Data

per share eps CPI Adj_EPS
201606 -0.036 241.018 -0.049
201609 0.080 241.428 0.109
201612 -0.588 241.432 -0.804
201703 0.402 243.801 0.544
201706 -0.214 244.955 -0.288
201709 0.227 246.819 0.304
201712 -0.220 246.524 -0.295
201803 -0.081 249.554 -0.107
201806 -0.205 251.989 -0.269
201809 0.214 252.439 0.280
201812 0.483 251.233 0.635
201903 0.443 254.202 0.575
201906 0.292 256.143 0.376
201909 0.636 256.759 0.818
201912 1.224 256.974 1.573
202003 0.389 258.115 0.498
202006 0.737 257.797 0.944
202009 1.002 260.280 1.271
202012 1.430 260.474 1.813
202103 2.184 264.877 2.723
202106 2.083 271.696 2.532
202109 2.414 274.310 2.906
202112 1.726 278.802 2.044
202203 1.771 287.504 2.034
202206 0.615 296.311 0.685
202209 1.838 296.808 2.045
202212 -0.151 296.797 -0.168
202303 -1.298 301.836 -1.420
202306 -0.406 305.109 -0.439
202309 0.928 307.789 0.996
202312 -1.201 306.746 -1.293
202403 0.026 312.332 0.027
202406 0.000 314.175 0.000
202409 -0.162 315.301 -0.170
202412 0.411 315.605 0.430
202503 0.305 319.799 0.315
202506 0.234 322.561 0.240
202509 1.091 324.800 1.109
202512 1.494 324.054 1.522
202603 0.277 330.213 0.277

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €2.44 mean?
Qorvo (FRA:2QO) has a E10 of €2.44 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Qorvo and its competitors.
Is Qorvo's E10 too high?
Qorvo's current E10 is €2.44. Overall, Qorvo has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qorvo's E10 compare to MXL and VSH?
Qorvo's E10 of €2.44 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Semiconductors company?
A good E10 depends on the Semiconductors industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Qorvo and its competitors. Qorvo's current E10 is €2.44. 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 (FRA:2QO) is currently considered Fairly Valued. The stock's GF Value™ is €79.37, compared to a current price of €74.63 — trading 6% below its estimated fair value. The current E10 is €2.44. 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 E10 calculated?
E10 is calculated from a company's financial statements. For Qorvo (FRA:2QO), the current E10 is €2.44 as of Mar. 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 (FRA:2QO) Overvalued in 2026?

Based on GuruFocus' analysis, Qorvo stock appears to be undervalued. The current stock price of €74.63 is trading 6% below its estimated GF Value™ of €79.37. GuruFocus considers Qorvo to be Fairly Valued.

Key valuation signals for FRA:2QO:

  • E10: €2.44
  • GF Value™: €79.37 vs. price of €74.63 (6% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the FRA:2QO 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 FRA:2QO

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€74.63
Price
€79.37
GF Value