Stock Analysis on Net
Stock Analysis on Net

Marvell Technology Inc. (NASDAQ:MRVL)

$24.99

Price to Earnings (P/E)
since 2005

Microsoft Excel

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check

Calculation

Marvell Technology Inc., P/E, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-02-01), 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-01-27), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).

1 US$

2 Data adjusted for splits and stock dividends.

3 Closing price as at the filing date of Marvell Technology Inc. Annual Report.


The financial data reveals a highly volatile relationship between share price and earnings per share, resulting in a Price-to-Earnings (P/E) ratio characterized by frequent discontinuities and extreme fluctuations. The recurrence of negative earnings per share across multiple periods has rendered the P/E ratio unavailable for a significant portion of the timeline, indicating periods of net losses that disrupt traditional valuation metrics.

Valuation Volatility and EPS Correlation
A strong correlation exists between earnings instability and P/E availability. The absence of P/E values in 2007, 2008, 2016, 2019, and from 2021 through 2024 coincides exactly with negative earnings per share. This pattern suggests a cyclical or unstable earnings profile where the company frequently transitioned between profitability and loss.
Historical P/E Trends
In the early period between 2005 and 2006, the market applied a high growth premium, with P/E ratios ranging from 50.71 to 67.90. Following a period of losses, valuations compressed significantly between 2009 and 2015, with the ratio fluctuating between a low of 11.31 in 2011 and a high of 24.44 in 2014, reflecting a more conservative market valuation of earnings.
Anomalous Valuation Spikes
A critical outlier occurred in 2017, where the P/E ratio surged to 372.92. This extreme spike was not driven by an exponential increase in share price, but rather by a nominal positive earnings per share of 0.04. This indicates a period where the company barely maintained profitability, causing the ratio to expand disproportionately.
Recent Recovery and Valuation Shift
Following a prolonged interval of negative earnings ending in 2024, a return to profitability is observed by 2026. This recovery is accompanied by a substantial increase in share price to 90.44 and a P/E ratio of 29.61. This suggests a market re-valuation based on restored earnings capacity and higher investor expectations for future growth.

Comparison to Competitors

Marvell Technology Inc., P/E, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-02-01), 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-01-27), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).


Comparison to Sector (Semiconductors & Semiconductor Equipment)

Marvell Technology Inc., P/E, long-term trends, comparison to sector (semiconductors & semiconductor equipment)

Microsoft Excel

Based on: 10-K (reporting date: 2026-01-31), 10-K (reporting date: 2025-02-01), 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02), 10-K (reporting date: 2007-01-27), 10-K (reporting date: 2006-01-28), 10-K (reporting date: 2005-01-29).


Comparison to Industry (Information Technology)