Cirrus Logic, Inc. Experiences Evaluation Adjustment Amid Strong Financial Metrics and Competitive Position

Cirrus Logic, Inc., a small-cap player in the Other Electrical Equipment industry, has recently undergone an evaluation adjustment. The company currently exhibits a P/E ratio of 16, alongside a price-to-book value of 2.67. Its EV to EBIT stands at 11.30, while the EV to EBITDA is recorded at 10.05. Notably, Cirrus Logic boasts a robust return on capital employed (ROCE) of 29.83% and a return on equity (ROE) of 17.01%.
In comparison to its peers, Cirrus Logic's valuation metrics present a more favorable outlook. For instance, Fabrinet shows a significantly higher P/E ratio of 41.84, while MACOM Technology Solutions Holdings, Inc. has a notably elevated P/E of 73.15, indicating a more expensive valuation relative to Cirrus Logic. Other competitors like Rambus, Inc. and Qorvo, Inc. also reflect varying valuation levels, with Cirrus Logic maintaining a competitive edge in terms of its financial ratios.

Despite recent fluctuations in stock price, with a current price of $116.58, Cirrus Logic's performance indicators suggest a stable position within its industry, particularly when assessed against its peers.