Is Qorvo, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for Qorvo, Inc. has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company appears to be undervalued, supported by a P/E ratio of 34, an EV to EBITDA of 14.80, and a PEG ratio of 1.49, which suggests that its growth prospects are reasonably priced compared to its earnings.
In comparison to peers, Qorvo's P/E ratio is higher than that of Skyworks Solutions, Inc. at 20.61, but lower than the very expensive Lattice Semiconductor Corp. with a P/E of 169.53. This positioning highlights that while Qorvo is relatively attractive, it is still priced above some competitors. Notably, Qorvo's stock has outperformed the S&P 500 year-to-date with a return of 24.24% compared to the index's 14.40%, although it has struggled over the longer term with a 5-year return of -38.35% versus the S&P's 91.73%.