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Qorvo (NAS:QRVO) PB Ratio

: 2.64 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2023-02-08), Qorvo's share price is $108.56. Qorvo's Book Value per Share for the quarter that ended in Dec. 2022 was $41.08. Hence, Qorvo's PB Ratio of today is 2.64.

The historical rank and industry rank for Qorvo's PB Ratio or its related term are showing as below:

QRVO' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.04   Max: 4.71
Current: 2.64

During the past 10 years, Qorvo's highest PB Ratio was 4.71. The lowest was 0.91. And the median was 2.04.

QRVO's PB Ratio is ranked worse than
52.1% of 927 companies
in the Semiconductors industry
Industry Median: 2.36 vs QRVO: 2.64

During the past 12 months, Qorvo's average Book Value Per Share Growth Rate was -4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Qorvo was 104.10% per year. The lowest was -3.00% per year. And the median was 0.85% per year.

Back to Basics: PB Ratio


Qorvo PB Ratio Historical Data

The historical data trend for Qorvo's 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.

* Premium members only.

Qorvo Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 1.96 2.15 4.44 2.90

Qorvo Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 3.64 2.90 2.27 1.88 2.21

Competitive Comparison

For the Semiconductors subindustry, Qorvo's PB Ratio, along with its competitors' market caps and 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 PB Ratio Distribution

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

* The bar in red indicates where Qorvo's PB Ratio falls in comparison to its industry or sector. The grey bar indicates the PB Ratio's extreme value range as defined by GuruFocus.



Qorvo PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Qorvo's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=108.56/41.075
=2.64

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Qorvo  (NAS:QRVO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Qorvo PB Ratio Related Terms

Thank you for viewing the detailed overview of Qorvo's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Qorvo (NAS:QRVO) Business Description

Qorvo logo
Traded in Other Exchanges
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 nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
Executives
Frank P. Stewart officer: VP, Advanced Cellular 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Grant Brown officer: VP of Treasury & Interim CFO 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Philip Chesley officer: Pres. Infra & Defense 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Judy Bruner director C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Paul J Fego officer: VP, Global Operations 15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Susan Louise Spradley director C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT
Mark J. Murphy officer: Chief Financial Officer DELPHI AUTOMOTIVE PLC, 5725 DELPHI DRIVE, TROY MI 48098
Gina Harrison officer: VP and Corporate Controller 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Michael J. Laber officer: VP and Corporate Controller 2300 NE BROOKWOOD PARKWAY, HILLSBORO OR 97124
Steven J Buhaly officer: CFO and Secretary 1195 NW LOMPTON DRIVE, BEAVESTON OR 97006
Daniel A Dileo director C/O RF MICRO DEVICES, 7628 THORNDIKE ROAD, GREENSBORO NC 27409
C Scott Gibson director PMB 316, PO BOX 30,000, JACKSON WY 83002
Roderick Nelson director 2300 NE BROOKWOOD PARKWAY, HILLSBORO OR 97124
Ho David H Y director 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416

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