Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
NXP Semiconductors N.V., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04).
- Price to Earnings (P/E) Ratio
- The price to earnings ratio exhibits a consistent downward trend over the observed periods. Starting at a very high level of 131.66 in April 2021, it declined steadily each quarter, reaching 18.71 by July 2022. This significant decrease indicates a reduction in market valuation relative to earnings, possibly reflecting improved earnings performance or a market reassessment of the company's growth prospects.
- Price to Operating Profit (P/OP) Ratio
- This ratio also demonstrates a continuous decline from 66.61 in April 2021 to 13.74 in July 2022. The steady reduction mirrors the pattern observed in the P/E ratio, suggesting increased operating profitability or decreasing stock price multiples based on operating profit. Overall, it indicates enhanced operating profit relative to the share price over time.
- Price to Sales (P/S) Ratio
- The price to sales ratio declines consistently throughout the periods analyzed, beginning at 6.12 and dropping to 3.71 by the latest quarter. This drop implies that the market price per unit of sales has fallen, which could be due to rising sales figures, a decline in share price, or both. The steady decrease suggests improving sales performance relative to market valuation.
- Price to Book Value (P/BV) Ratio
- The price to book value ratio demonstrates some fluctuation but generally declines over the examined timeframe. It peaked at 8.15 in October 2021, then gradually decreased to 6.58 by July 2022. This movement suggests a moderation in market valuation relative to the company's net book value, which may reflect changes in investor sentiment or adjustments in the company's net assets valuation.
Price to Earnings (P/E)
NXP Semiconductors N.V., historical P/E calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | ||||
|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 262,598,471 | 262,564,790 | 262,538,156 | 265,933,249 | 265,134,880 | 275,750,318 | |||
| Selected Financial Data (US$) | |||||||||
| Net income (loss) attributable to stockholders (in millions) | 670) | 657) | 602) | 519) | 397) | 353) | |||
| Earnings per share (EPS)2 | 9.32 | 8.28 | 7.13 | 5.93 | 3.91 | 1.54 | |||
| Share price1, 3 | 174.46 | 178.07 | 191.42 | 206.56 | 210.53 | 203.40 | |||
| Valuation Ratio | |||||||||
| P/E ratio4 | 18.71 | 21.50 | 26.86 | 34.81 | 53.83 | 131.66 | |||
| Benchmarks | |||||||||
| P/E Ratio, Competitors5 | |||||||||
| Advanced Micro Devices Inc. | 50.59 | 47.48 | 45.54 | 37.20 | 34.57 | 35.41 | |||
| Analog Devices Inc. | 50.61 | 68.72 | 68.31 | 35.88 | 36.19 | 41.93 | |||
| Applied Materials Inc. | 14.82 | 17.99 | 22.05 | 22.54 | 28.42 | 27.11 | |||
| Broadcom Inc. | 26.03 | 31.86 | 40.73 | 35.19 | 42.12 | 50.39 | |||
| Intel Corp. | 7.80 | 7.24 | 9.85 | 9.53 | 11.59 | 12.86 | |||
| KLA Corp. | 18.50 | 19.76 | 25.97 | 26.04 | 33.15 | 23.59 | |||
| Lam Research Corp. | 17.91 | 18.12 | 21.03 | 26.30 | 24.88 | 18.97 | |||
| Micron Technology Inc. | 9.80 | 14.54 | 13.38 | 21.84 | 32.41 | 28.88 | |||
| NVIDIA Corp. | 73.53 | 73.45 | 78.54 | 86.91 | 88.41 | 65.08 | |||
| Qualcomm Inc. | 13.56 | 21.24 | 17.15 | 17.46 | 19.20 | 27.40 | |||
| Texas Instruments Inc. | 18.27 | 19.01 | 20.38 | 23.61 | 25.25 | 27.20 | |||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04).
1 Data adjusted for splits and stock dividends.
2 Q2 2022 Calculation
EPS
= (Net income (loss) attributable to stockholdersQ2 2022
+ Net income (loss) attributable to stockholdersQ1 2022
+ Net income (loss) attributable to stockholdersQ4 2021
+ Net income (loss) attributable to stockholdersQ3 2021)
÷ No. shares of common stock outstanding
= (670,000,000 + 657,000,000 + 602,000,000 + 519,000,000)
÷ 262,598,471 = 9.32
3 Closing price as at the filing date of NXP Semiconductors N.V. Quarterly or Annual Report.
4 Q2 2022 Calculation
P/E ratio = Share price ÷ EPS
= 174.46 ÷ 9.32 = 18.71
5 Click competitor name to see calculations.
The financial indicators exhibit notable trends throughout the analyzed periods. The share price demonstrated a declining trajectory from April 2021 to July 2022, decreasing from $203.40 to $174.46. This downward movement suggests a loss in market valuation despite the company's earnings performance.
Earnings per share (EPS) revealed a consistent upward trend over the same intervals, increasing distinctly from $1.54 in April 2021 to $9.32 by July 2022. This steady growth in profitability per share indicates improved operational performance or enhanced profitability during the periods reviewed.
The price-to-earnings (P/E) ratio declined significantly from 131.66 in April 2021 to 18.71 in July 2022. The reduction in this valuation metric correlates with the rise in earnings and the diminishing share price, reflecting a market adjustment where the company’s equity became relatively less expensive compared to its earnings.
- Share Price
- Displayed a downward trend, decreasing by approximately 14% over the reported quarters.
- Earnings Per Share (EPS)
- Consistently increased, showing a sixfold growth, indicating strong earnings acceleration.
- Price-to-Earnings (P/E) Ratio
- Fell sharply, signaling that the market is revaluing the equity at lower multiples despite rising profits.
Overall, the data suggests a scenario where operational profitability improved significantly; however, market sentiment or external factors led to a depreciation in share price, resulting in lower valuation multiples. This divergence implies potential market caution or sector-specific influences affecting investor confidence during this timeframe.
Price to Operating Profit (P/OP)
NXP Semiconductors N.V., historical P/OP calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | ||||
|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 262,598,471 | 262,564,790 | 262,538,156 | 265,933,249 | 265,134,880 | 275,750,318 | |||
| Selected Financial Data (US$) | |||||||||
| Operating income (loss) (in millions) | 943) | 873) | 807) | 711) | 573) | 492) | |||
| Operating profit per share2 | 12.70 | 11.29 | 9.84 | 8.42 | 5.88 | 3.05 | |||
| Share price1, 3 | 174.46 | 178.07 | 191.42 | 206.56 | 210.53 | 203.40 | |||
| Valuation Ratio | |||||||||
| P/OP ratio4 | 13.74 | 15.77 | 19.46 | 24.53 | 35.78 | 66.61 | |||
| Benchmarks | |||||||||
| P/OP Ratio, Competitors5 | |||||||||
| Advanced Micro Devices Inc. | 43.60 | 40.92 | 39.48 | 49.04 | 47.29 | 55.06 | |||
| Analog Devices Inc. | 41.74 | 55.30 | 56.12 | 29.71 | 30.29 | 34.90 | |||
| Applied Materials Inc. | 12.68 | 15.55 | 18.85 | 19.43 | 23.98 | 22.70 | |||
| Broadcom Inc. | 20.04 | 24.51 | 30.78 | 27.21 | 30.43 | 35.86 | |||
| Intel Corp. | 10.76 | 8.87 | 10.06 | 9.88 | 10.65 | 11.76 | |||
| KLA Corp. | 17.40 | 19.37 | 21.69 | 21.76 | 26.27 | 18.82 | |||
| Lam Research Corp. | 15.75 | 15.79 | 18.34 | 23.20 | 21.56 | 15.98 | |||
| Micron Technology Inc. | 8.90 | 13.31 | 12.48 | 20.11 | 29.00 | 25.85 | |||
| NVIDIA Corp. | 71.25 | 70.98 | 75.08 | 82.82 | 84.54 | 62.35 | |||
| Qualcomm Inc. | 11.80 | 19.06 | 15.84 | 15.54 | 17.26 | 23.79 | |||
| Texas Instruments Inc. | 15.53 | 16.30 | 17.67 | 20.89 | 22.42 | 25.48 | |||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04).
1 Data adjusted for splits and stock dividends.
2 Q2 2022 Calculation
Operating profit per share
= (Operating income (loss)Q2 2022
+ Operating income (loss)Q1 2022
+ Operating income (loss)Q4 2021
+ Operating income (loss)Q3 2021)
÷ No. shares of common stock outstanding
= (943,000,000 + 873,000,000 + 807,000,000 + 711,000,000)
÷ 262,598,471 = 12.70
3 Closing price as at the filing date of NXP Semiconductors N.V. Quarterly or Annual Report.
4 Q2 2022 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 174.46 ÷ 12.70 = 13.74
5 Click competitor name to see calculations.
The share price experienced a downward trend over the observed periods. Starting at $203.40 in early April 2021, it increased slightly to $210.53 in July 2021 before declining consistently in subsequent quarters, reaching $174.46 by early July 2022.
Operating profit per share demonstrated a strong upward trajectory. It rose steadily from $3.05 in April 2021, nearly doubling to $5.88 by July 2021, and continuing to increase each quarter to reach $12.70 by July 2022. This indicates significant growth in operating profitability on a per-share basis over the one-year span.
The price to operating profit ratio (P/OP) showed a notable decrease throughout the period. Starting at a high of 66.61 in April 2021, the ratio dropped sharply over the next quarters, moving to 35.78 in July 2021, then declining further to 13.74 by July 2022. This reduction signifies that the share price became increasingly less expensive relative to operating profits, reflecting either a market reassessment or improved profitability more rapidly than price appreciation.
- Overall Summary:
- The data reflects a disconnect between declining share prices and rising operating profits per share, resulting in a markedly lower valuation ratio. The steady growth in operating profit per share suggests operational improvements or increased efficiency, while the share price decline may indicate market concerns or broader sector dynamics affecting investor sentiment. The diminishing P/OP ratio highlights an improving valuation from an earnings perspective, implying potential undervaluation or adjustment in market expectations over the observed time frame.
Price to Sales (P/S)
NXP Semiconductors N.V., historical P/S calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | ||||
|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 262,598,471 | 262,564,790 | 262,538,156 | 265,933,249 | 265,134,880 | 275,750,318 | |||
| Selected Financial Data (US$) | |||||||||
| Revenue (in millions) | 3,312) | 3,136) | 3,039) | 2,861) | 2,596) | 2,567) | |||
| Sales per share2 | 47.02 | 44.30 | 42.14 | 39.60 | 37.48 | 33.21 | |||
| Share price1, 3 | 174.46 | 178.07 | 191.42 | 206.56 | 210.53 | 203.40 | |||
| Valuation Ratio | |||||||||
| P/S ratio4 | 3.71 | 4.02 | 4.54 | 5.22 | 5.62 | 6.12 | |||
| Benchmarks | |||||||||
| P/S Ratio, Competitors5 | |||||||||
| Advanced Micro Devices Inc. | 7.34 | 8.54 | 8.76 | 9.94 | 8.90 | 8.94 | |||
| Analog Devices Inc. | 8.52 | 10.43 | 12.98 | 9.38 | 9.11 | 10.06 | |||
| Applied Materials Inc. | 4.03 | 4.88 | 5.63 | 5.53 | 6.35 | 5.74 | |||
| Broadcom Inc. | 7.49 | 8.42 | 9.55 | 7.66 | 7.56 | 7.46 | |||
| Intel Corp. | 2.03 | 2.29 | 2.48 | 2.56 | 2.77 | 3.08 | |||
| KLA Corp. | 6.77 | 7.22 | 7.80 | 7.49 | 7.46 | 5.13 | |||
| Lam Research Corp. | 4.98 | 4.91 | 5.62 | 6.86 | 6.18 | 4.48 | |||
| Micron Technology Inc. | 2.84 | 3.62 | 2.83 | 3.54 | 4.41 | 3.93 | |||
| NVIDIA Corp. | 23.77 | 20.32 | 20.41 | 22.50 | 22.93 | 18.34 | |||
| Qualcomm Inc. | 3.85 | 5.89 | 4.62 | 4.93 | 5.24 | 6.91 | |||
| Texas Instruments Inc. | 8.00 | 8.24 | 8.63 | 9.82 | 10.13 | 10.89 | |||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04).
1 Data adjusted for splits and stock dividends.
2 Q2 2022 Calculation
Sales per share
= (RevenueQ2 2022
+ RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021)
÷ No. shares of common stock outstanding
= (3,312,000,000 + 3,136,000,000 + 3,039,000,000 + 2,861,000,000)
÷ 262,598,471 = 47.02
3 Closing price as at the filing date of NXP Semiconductors N.V. Quarterly or Annual Report.
4 Q2 2022 Calculation
P/S ratio = Share price ÷ Sales per share
= 174.46 ÷ 47.02 = 3.71
5 Click competitor name to see calculations.
The analysis of quarterly financial indicators reveals a mixed trend in the company's market valuation relative to its sales performance over the observed periods.
- Share Price
- There is a noticeable declining trend in the share price over the six quarters, decreasing from $203.40 to $174.46. This represents a gradual reduction in market value, with the most significant drop occurring after the third quarter of 2021.
- Sales Per Share
- Contrary to the share price trend, sales per share exhibit consistent growth across the periods, rising steadily from $33.21 to $47.02. This increase indicates improving sales efficiency or revenue generation relative to the number of shares outstanding.
- Price-to-Sales (P/S) Ratio
- Reflecting the divergence between a declining share price and increasing sales per share, the P/S ratio steadily decreases from 6.12 to 3.71. This suggests the market is valuing each dollar of sales less over time, possibly reflecting investor caution or changing market perceptions despite sales growth.
Overall, the data implies that while the company is achieving higher sales per share, the equity market does not fully translate this into higher share prices, leading to a compression in the P/S multiple. The trend highlights a potential disconnect between operational sales performance and investor valuation during the observed periods.
Price to Book Value (P/BV)
NXP Semiconductors N.V., historical P/BV calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | ||||
|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 262,598,471 | 262,564,790 | 262,538,156 | 265,933,249 | 265,134,880 | 275,750,318 | |||
| Selected Financial Data (US$) | |||||||||
| Stockholders’ equity (in millions) | 6,962) | 6,509) | 6,528) | 6,738) | 7,442) | 8,303) | |||
| Book value per share (BVPS)2 | 26.51 | 24.79 | 24.86 | 25.34 | 28.07 | 30.11 | |||
| Share price1, 3 | 174.46 | 178.07 | 191.42 | 206.56 | 210.53 | 203.40 | |||
| Valuation Ratio | |||||||||
| P/BV ratio4 | 6.58 | 7.18 | 7.70 | 8.15 | 7.50 | 6.76 | |||
| Benchmarks | |||||||||
| P/BV Ratio, Competitors5 | |||||||||
| Advanced Micro Devices Inc. | 2.87 | 2.91 | 19.21 | 20.69 | 16.81 | 15.76 | |||
| Analog Devices Inc. | 2.24 | 2.35 | 2.50 | 4.98 | 4.64 | 4.88 | |||
| Applied Materials Inc. | 8.65 | 9.91 | 10.60 | 9.92 | 10.50 | 9.11 | |||
| Broadcom Inc. | 10.71 | 10.45 | 10.50 | 8.35 | 8.07 | 7.68 | |||
| Intel Corp. | 1.47 | 1.73 | 2.05 | 2.23 | 2.52 | 3.00 | |||
| KLA Corp. | 13.65 | 13.95 | 15.98 | 15.52 | 15.44 | 11.09 | |||
| Lam Research Corp. | 12.70 | 13.28 | 13.64 | 16.94 | 13.40 | 9.14 | |||
| Micron Technology Inc. | 1.85 | 2.33 | 1.79 | 2.13 | 2.55 | 2.17 | |||
| NVIDIA Corp. | 24.61 | 20.84 | 20.14 | 21.69 | 21.53 | 16.49 | |||
| Qualcomm Inc. | 11.35 | 18.72 | 15.59 | 19.65 | 20.75 | 24.98 | |||
| Texas Instruments Inc. | 11.12 | 11.14 | 11.87 | 14.22 | 15.22 | 16.52 | |||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04).
1 Data adjusted for splits and stock dividends.
2 Q2 2022 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 6,962,000,000 ÷ 262,598,471 = 26.51
3 Closing price as at the filing date of NXP Semiconductors N.V. Quarterly or Annual Report.
4 Q2 2022 Calculation
P/BV ratio = Share price ÷ BVPS
= 174.46 ÷ 26.51 = 6.58
5 Click competitor name to see calculations.
The analysis of the quarterly financial data reveals notable trends concerning the company's share price, book value per share (BVPS), and the price-to-book value (P/BV) ratio over a six-quarter period.
- Share Price
- The share price exhibited a downward trend from the beginning to the end of the period. Starting at $203.40, it marginally increased to a peak of $210.53 by the second quarter. Subsequently, a consistent decline ensued, reaching $174.46 by the last reported quarter. This represents an overall decrease of approximately 14% from the initial value, indicating a weakening market valuation over these quarters.
- Book Value per Share (BVPS)
- The book value per share followed a declining trajectory in the first five quarters, falling from $30.11 to a low of $24.79. However, in the last quarter, there was a moderate recovery with BVPS increasing to $26.51. This suggests that the company's equity value per share was under pressure for most of the year but showed signs of stabilization or improvement towards the end.
- Price-to-Book Value (P/BV) Ratio
- The P/BV ratio initially rose from 6.76 to a maximum of 8.15 by the third quarter, indicating that the market price was increasing at a faster rate than the book value per share at that stage. Following this peak, the ratio declined consistently to 6.58 in the last quarter. The decrease in P/BV ratio towards the end reflects both the declining share price and the stabilization of book value, suggesting a market reassessment of the company's relative valuation.
Overall, the data indicate that while the company’s intrinsic book value experienced a general decrease with some recovery, the market price of the shares declined more sharply, resulting in a lower price-to-book ratio by the end of the observed period. The initial increase in market valuation relative to book value was not sustained, pointing to potential market concerns or changing investor sentiment throughout the time frame.