Marvell Technology (MRVL) valuation
Marvell Technology P/E ratio history
Marvell Technology trades at 65.0 times its earnings over the last twelve months and 34.0 times the earnings analysts expect over the next twelve. At its last 4 fiscal year ends its P/E ranged from 10.3 (year to Jan 2020) to 377.3 (year to Jan 2017), with a median of 24.3.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Jan 31, 2026 | $78.92 | $3.07 | 25.7 | 23.2 |
| Feb 1, 2025 | $112.86 | -$1.02 | n/m | 45.3 |
| Feb 3, 2024 | $67.53 | -$1.08 | n/m | 35.7 |
| Jan 28, 2023 | $44.25 | -$0.19 | n/m | — |
| Jan 29, 2022 | $66.32 | -$0.53 | n/m | 32.7 |
| Jan 30, 2021 | $51.46 | -$0.41 | n/m | — |
| Jan 31, 2020 | $24.04 | $2.34 | 10.3 | — |
| Jan 31, 2019 | $18.53 | -$0.30 | n/m | — |
| Jan 31, 2018 | $23.33 | $1.02 | 22.9 | — |
| Jan 28, 2017 | $15.09 | $0.04 | 377.3 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Marvell Technology valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Marvell TechnologyMRVL | $172B | 65.0 | 34.0 | 18.2 |
| QualcommQCOM | $174B | 18.8 | 16.1 | 3.9 |
| Analog DevicesADI | $203B | 49.5 | 26.7 | 14.6 |
| Arm HoldingsARM | $219B | 210.2 | 84.4 | 42.5 |
| Texas InstrumentsTXN | $275B | 39.0 | 27.6 | 13.2 |
| IntelINTC | $331B | — | 33.7 | 5.8 |
| NXP SemiconductorsNXPI | $65.5B | 20.4 | 14.8 | 4.7 |
| Monolithic Power SystemsMPWR | $59.5B | 74.0 | 30.8 | 18.2 |
| Astera LabsALAB | $44.3B | 128.1 | 49.6 | 36.9 |
| Peer median | 49.5 | 29.2 | 13.9 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MRVL financials · MRVL returns
No forecast, no recommendation. This page describes Marvell Technology from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.