Marvell Technology, Inc.MRVL

Where MRVL's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$223.55+14.72 (+7.05%)Previous close
NASDAQTechnology

MRVL P/E ratio: current value, 10-year range and year-by-year history

74.1Near historic high

MRVL's p/e ratio is higher than 95% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MRVL P/E ratio historyMRVL P/E ratio from Sep 2023 to Sep 2026: low -721.08, high 108.79, latest 74.06.-787.47-546.8-306.14-65.48175.18Sep 23Apr 24Nov 24Jul 25Feb 26Sep 26med -64.27

MRVL P/E ratio by year

Yearly range of MRVL’s p/e ratio from 2016 to 2026. Over the full period it ranged from -721.1 to 463.0, averaging -57.9.

MRVL P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202624.055.1108.874.1
2025-721.1-203.835.329.9
2024-111.5-66.3-49.6-65.0
2023-333.0-187.1-72.3-93.1
2022-270.0-150.0-69.9-215.0
2021-175.5-120.025.0-167.8
2020-41.911.221.821.8
2019-114.8-45.267.7-39.1
201819.829.964.159.0
201726.5144.9463.031.1
2016-300.4-97.872.167.5

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is MRVL P/E ratio High or Low Right Now?

Marvell Technology, Inc.'s P/E ratio is currently 74.1, which is near historic high relative to its 10-year historical range. The 10-year median P/E ratio for MRVL is approximately -51.9. See all MRVL valuation metrics →

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