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Marvell Technology (Marvell Technology) Cyclically Adjusted PB Ratio : 5.01 (As of May. 17, 2024)


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What is Marvell Technology Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Marvell Technology's current share price is $71.92. Marvell Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $14.35. Marvell Technology's Cyclically Adjusted PB Ratio for today is 5.01.

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

MRVL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.43   Max: 7.69
Current: 5.09

During the past years, Marvell Technology's highest Cyclically Adjusted PB Ratio was 7.69. The lowest was 1.01. And the median was 2.43.

MRVL's Cyclically Adjusted PB Ratio is ranked worse than
77.71% of 682 companies
in the Semiconductors industry
Industry Median: 2.5 vs MRVL: 5.09

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Marvell Technology's adjusted book value per share data for the three months ended in Jan. 2024 was $17.135. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $14.35 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marvell Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marvell Technology's Cyclically Adjusted 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.

Marvell Technology Cyclically Adjusted PB Ratio Chart

Marvell Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 5.01 6.01 3.23 4.72

Marvell Technology Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted PB 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 3.23 2.88 4.66 3.33 4.72

Competitive Comparison of Marvell Technology's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Marvell Technology's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Marvell Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Marvell Technology Cyclically Adjusted PB Ratio Calculation

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

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=71.92/14.35
=5.01

* 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 Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Marvell Technology's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=17.135/130.1244*130.1244
=17.135

Current CPI (Jan. 2024) = 130.1244.

Marvell Technology Quarterly Data

Book Value per Share CPI Adj_Book
201404 9.392 100.023 12.218
201407 9.645 100.520 12.486
201410 9.849 100.176 12.793
201501 9.992 98.604 13.186
201504 9.897 99.824 12.901
201507 8.141 100.691 10.521
201510 8.100 100.346 10.504
201601 8.157 99.957 10.619
201604 8.020 100.947 10.338
201607 8.136 101.524 10.428
201610 8.231 101.988 10.502
201701 7.958 102.456 10.107
201704 7.897 103.167 9.960
201707 8.016 103.278 10.100
201710 8.268 104.070 10.338
201801 8.351 104.578 10.391
201804 8.575 105.708 10.556
201807 11.697 106.324 14.315
201810 11.523 106.695 14.053
201901 11.095 106.200 13.594
201904 10.932 107.818 13.194
201907 10.803 108.250 12.986
201910 10.691 108.577 12.813
202001 13.090 108.841 15.650
202004 12.831 108.173 15.435
202007 12.563 109.318 14.954
202010 12.489 109.861 14.793
202101 12.490 110.364 14.726
202104 18.196 112.673 21.014
202107 17.903 115.183 20.225
202110 18.640 116.696 20.785
202201 18.545 118.619 20.344
202204 18.183 121.978 19.397
202207 18.217 125.002 18.964
202210 18.238 125.734 18.875
202301 18.266 126.223 18.831
202304 18.018 127.992 18.318
202307 17.826 128.974 17.985
202310 17.625 129.810 17.668
202401 17.135 130.124 17.135

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book 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.


Marvell Technology  (NAS:MRVL) Cyclically Adjusted PB Ratio Explanation

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


Marvell Technology Cyclically Adjusted PB Ratio Related Terms

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


Marvell Technology (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, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Executives
Matthew J Murphy director, officer: CEO and President MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Chris Koopmans officer: EVP, Chief Operations Officer 5488 MARVELL LANE, SANTA CLARA CA 94061
Ford Tamer director 3945 FREEDOM CIRCLE SUITE 1100, SANTA CLARA CA 95054
Willem A Meintjes officer: SVP, Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Mitchell Gaynor officer: EVP, CALO MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Loi Nguyen officer: Executive Vice President 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Michael G Strachan director LSI CORPORATION, 1621 BARBER LANE, MILPITAS CA 95035
Dan Christman officer: EVP, Storage Business Group 5488 MARVELL LANE, SANTA CLARA CA 95054
Sandeep Bharathi officer: Chief Development Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Jarnac Dean E Jr. officer: EVP Worldwide Sales 5488 MARVELL LANE, SANTA CLARA CA 95054
Muhammad Raghib Hussain officer: President, Products & Tech 5488 MARVELL LANE, SANTA CLARA CA 95054
Panteha Dixon officer: Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Nariman Yousefi officer: Executive Vice President 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Rebecca W House director 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210