Qorvo (QRVO) - P/B ratio

P/B ratio as of November 2024 : 1.98

According to Qorvo 's latest financial reports the company has a price-to-book ratio of 1.70879.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Qorvo - P/B ratio (from 2015 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.01	36.54%
2022-12-31	2.21	-40.25%
2021-12-31	3.69	-12.29%
2020-12-31	4.21	35.83%
2019-12-31	3.10	89.96%
2018-12-31	1.63	-7.09%
2017-12-31	1.76	26.83%
2016-12-31	1.38	5.76%
2015-12-31	1.31
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
AMD AMD	4.01	102.55%	🇺🇸 USA
Amkor Technology AMKR	1.53	-22.71%	🇺🇸 USA
Micron Technology MU	2.50	26.33%	🇺🇸 USA
Cirrus Logic CRUS	3.20	61.66%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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