MRVL (Marvell Technology) E10: $0.38 (As of Apr. 2026)

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MRVL Marvell Technology Inc MRVL
69 GF Score
Price $190.94
GF Value $111.15
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Marvell Technology E10?

Marvell Technology MRVL -7.43% 69 E10 is $0.38 as of Apr. 2026. 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.

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.

Marvell Technology's adjusted earnings per share data for the three months ended in Apr. 2026 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.38 for the trailing ten years ended in Apr. 2026.

During the past 3 years, the average E10 Growth Rate was 14.50% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Marvell Technology was 57.70% per year. The lowest was -51.90% per year. And the median was -3.60% per year.

As of today (2026-07-16), Marvell Technology's current stock price is $190.94. Marvell Technology's E10 for the quarter that ended in Apr. 2026 was $0.38. Marvell Technology's Shiller PE Ratio of today is 502.47.

During the past 13 years, the highest Shiller PE Ratio of Marvell Technology was 7668.00. The lowest was 28.72. And the median was 101.30.


Marvell Technology  (NAS:MRVL) 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.

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

Shiller PE Ratio=Share Price/E10
=190.94/0.38
=502.47

* 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 Marvell Technology was 7668.00. The lowest was 28.72. And the median was 101.30.


Be Aware

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


Marvell Technology E10 Related Terms


Marvell Technology E10 Historical Data

* Premium members only.

The historical data trend for Marvell Technology'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.

Marvell Technology E10 Chart

Marvell Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.24 0.05 -0.16 0.36

Marvell Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.14 0.08 0.31 0.36 0.38

MRVL vs TXN, QCOM, ADI: E10 Comparison

For the Semiconductors subindustry, Marvell Technology'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.


Marvell Technology Shiller PE Ratio vs Semiconductors Industry

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

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


MRVL
69GF Score
Marvell Technology Inc MRVL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marvell Technology 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, Marvell Technology's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.04/333.0200*333.0200
=0.040

Current CPI (Apr. 2026) = 333.0200.

Marvell Technology Quarterly Data

per share eps CPI Adj_EPS
201607 0.100 240.628 0.138
201610 0.140 241.729 0.193
201701 -0.160 242.839 -0.219
201704 0.210 244.524 0.286
201707 0.320 244.786 0.435
201710 0.400 246.663 0.540
201801 0.100 247.867 0.134
201804 0.250 250.546 0.332
201807 0.010 252.006 0.013
201810 -0.080 252.885 -0.105
201901 -0.400 251.712 -0.529
201904 -0.070 255.548 -0.091
201907 -0.090 256.571 -0.117
201910 -0.120 257.346 -0.155
202001 2.620 257.971 3.382
202004 -0.170 256.389 -0.221
202007 -0.240 259.101 -0.308
202010 -0.030 260.388 -0.038
202101 0.020 261.582 0.025
202104 -0.130 267.054 -0.162
202107 -0.340 273.003 -0.415
202110 -0.080 276.589 -0.096
202201 0.010 281.148 0.012
202204 -0.200 289.109 -0.230
202207 0.010 296.276 0.011
202210 0.020 298.012 0.022
202301 -0.020 299.170 -0.022
202304 -0.200 303.363 -0.220
202307 -0.240 305.691 -0.261
202310 -0.190 307.671 -0.206
202401 -0.450 308.417 -0.486
202404 -0.250 313.548 -0.266
202407 -0.220 314.540 -0.233
202410 -0.780 315.664 -0.823
202501 0.230 317.671 0.241
202504 0.200 320.795 0.208
202507 0.220 323.048 0.227
202510 2.200 0.000
202601 0.460 325.252 0.471
202604 0.040 333.020 0.040

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 $0.38 mean?
Marvell Technology (MRVL) has a E10 of $0.38 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marvell Technology and its competitors.
Is Marvell Technology's E10 too high?
Marvell Technology's current E10 is $0.38. 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 E10 compare to TXN and QCOM?
Marvell Technology's E10 of $0.38 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 Marvell Technology and its competitors. Marvell Technology's current E10 is $0.38. 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 $190.94 — trading 71.8% above its estimated fair value. The current E10 is $0.38. 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 E10 calculated?
E10 is calculated from a company's financial statements. For Marvell Technology (MRVL), the current E10 is $0.38 as of Apr. 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 $190.94 is trading 71.8% above its estimated GF Value™ of $111.15. GuruFocus considers Marvell Technology to be Significantly Overvalued.

Key valuation signals for MRVL:

  • E10: $0.38
  • GF Value™: $111.15 vs. price of $190.94 (71.8% above fair value)
  • GF Score™: 69/100 with 3 warning signs

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

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

$190.94
Price
$111.15
GF Value