Is Qorvo, Inc. (QRVO) Undervalued?
Based on the current stock price of $86.12 and a P/E ratio of 37.28,Qorvo, Inc. has a PEG ratio of 3.62.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 3.62, QRVO appears to be potentially overvalued relative to its growth rate of 10.31%.
Based on a PEG ratio of 3.62 (adjusted for dividends).
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How we analyzed QRVO
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 37.28and dividing it by the annual growth rate of 10.31%.
PEG = 37.28 (P/E) ÷ 10.31 (Growth) = 3.62
Frequently Asked Questions about QRVO
What is the current PEG Ratio for Qorvo, Inc. (QRVO)?+
The current PEG Ratio for Qorvo, Inc. is 3.62. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is QRVO stock undervalued right now?+
Based on the PEG ratio of 3.62, Qorvo, Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for QRVO?+
The PEGY ratio for Qorvo, Inc. is 3.62. This metric accounts for dividend yield (0.00%), providing a more complete valuation picture.