Marvell Technology, Inc. (MRVL) P/E Ratio History
Historical price-to-earnings valuation from 2004 to 2026
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MRVL Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Marvell Technology, Inc. (MRVL) trades at a price-to-earnings ratio of 52.1x, with a stock price of $160.02 and trailing twelve-month earnings per share of $3.12.
The current P/E is 11% above its 5-year average of 47.1x. Over the past five years, MRVL's P/E has ranged from a low of 10.3x to a high of 420.1x, placing the current valuation at the 80th percentile of its historical range.
Compared to the Technology sector median P/E of 27.7x, MRVL trades at a 88% premium to its sector peers. The sector includes 359 companies with P/E ratios ranging from 0.0x to 184.2x.
Relative to the broader market, MRVL commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our MRVL DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
MRVL P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2.0T | 86.5 | 1.73 | +288%Best | |
| $214B | 40.4 | 19.44 | -44% | |
| $10B | 21.1Lowest | - | -17% | |
| $77B | 123.6 | 4.19 | -65% | |
| $9B | 21.9 | 1.31 | +31% | |
| $178B | 51.5 | 1.27Best | +23% | |
| $2.1T | 38.8 | 1.40 | +50% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MRVL Historical P/E Data (2004–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q4 | Sat Jan 31 2026 00:00:00 GM | $78.92 | $3.07 | 25.7x | -71% |
| FY2026 Q3 | Sat Nov 01 2025 00:00:00 GM | $93.74 | $2.84 | 33.0x | -63% |
| FY2021 Q3 | Sat Oct 31 2020 00:00:00 GM | $37.51 | $2.18 | 17.2x | -81% |
| FY2021 Q2 | Fri Jul 31 2020 00:00:00 GM | $36.47 | $2.09 | 17.4x | -80% |
| FY2021 Q1 | $26.74 | $2.24 | 11.9x | -87% | |
| FY2020 Q4 | Fri Jan 31 2020 00:00:00 GM | $24.04 | $2.34 | 10.3x | -88% |
| FY2019 Q3 | Wed Oct 31 2018 00:00:00 GM | $16.41 | $0.27 | 59.8x | -33% |
| FY2019 Q2 | $21.31 | $0.76 | 28.2x | -68% | |
| FY2019 Q1 | Mon Apr 30 2018 00:00:00 GM | $20.06 | $1.01 | 19.9x | -78% |
| FY2018 Q4 | Wed Jan 31 2018 00:00:00 GM | $23.33 | $0.95 | 24.7x | -72% |
| FY2018 Q3 | $18.47 | $0.69 | 26.8x | -70% | |
| FY2018 Q2 | Mon Jul 31 2017 00:00:00 GM | $15.56 | $0.43 | 36.2x | -59% |
Average P/E for displayed period: 89.0x
Full MRVL Stock Analysis
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View ValuationCompare MRVL vs NVDA
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Start ComparisonMRVL — Frequently Asked Questions
Quick answers to the most common questions about buying MRVL stock.
Is MRVL stock overvalued or undervalued?
MRVL trades at 52.1x P/E, near its 5-year average of 47.1x. The 80th percentile ranking places valuation within normal historical bounds.
How does MRVL's valuation compare to peers?
Marvell Technology, Inc. P/E of 52.1x compares to sector median of 27.7x. The premium reflects expected growth above peers.
What is MRVL's PEG ratio?
MRVL PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2004-2026.