Common Stock Valuation Ratios (Price Multiples)
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Current Valuation Ratios
Monolithic Power Systems Inc., current price multiples
| Monolithic Power Systems Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | Semiconductors & Semiconductor Equipment | Information Technology | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | |||||||||||||||||
| Current share price (P) | $579.89 | ||||||||||||||||
| No. shares of common stock outstanding | 47,866,000 | ||||||||||||||||
| Growth rate (g) | 18.24% | ||||||||||||||||
| Earnings per share (EPS) | $37.33 | ||||||||||||||||
| Next year expected EPS | $44.14 | ||||||||||||||||
| Operating profit per share | $11.27 | ||||||||||||||||
| Sales per share | $46.11 | ||||||||||||||||
| Book value per share (BVPS) | $65.72 | ||||||||||||||||
| Valuation Ratios (Price Multiples) | |||||||||||||||||
| Price to earnings (P/E) | 15.54 | 101.93 | 61.13 | 16.42 | 134.89 | — | 32.41 | 24.35 | 127.04 | 36.72 | 16.65 | 33.45 | 89.28 | 44.79 | |||
| Price to next year expected earnings | 13.14 | 91.43 | 59.82 | 12.28 | 142.16 | — | 21.45 | 17.24 | 115.26 | 26.30 | 11.99 | 28.71 | 80.24 | 35.76 | |||
| Price-earnings-growth (PEG) | 0.85 | 8.88 | 27.96 | 0.49 | — | — | 0.63 | 0.59 | 12.43 | 0.93 | 0.43 | 2.03 | 7.92 | 1.77 | |||
| Price to operating profit (P/OP) | 51.46 | 88.03 | 49.18 | 14.98 | 59.07 | — | 26.75 | 21.86 | 75.80 | 32.85 | 16.77 | 29.37 | 64.20 | 34.89 | |||
| Price to sales (P/S) | 12.58 | 6.49 | 10.60 | 4.34 | 15.42 | 1.85 | 9.12 | 6.25 | 3.94 | 20.51 | 4.34 | 10.26 | 13.73 | 9.28 | |||
| Price to book value (P/BV) | 8.82 | 2.91 | 2.84 | 6.20 | 11.75 | 0.99 | 26.57 | 10.91 | 2.19 | 33.73 | 6.43 | 9.50 | 10.81 | 13.16 | |||
Based on: 10-K (reporting date: 2024-12-31).
If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.
Historical Valuation Ratios (Summary)
Monolithic Power Systems Inc., historical price multiples
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Monolithic Power Systems Inc. P/E ratio increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Monolithic Power Systems Inc. P/OP ratio increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level. |
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Monolithic Power Systems Inc. P/S ratio increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Monolithic Power Systems Inc. P/BV ratio increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |
Price to Earnings (P/E)
Monolithic Power Systems Inc., historical P/E calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 47,866,000 | 48,661,000 | 47,305,000 | 46,509,000 | 45,621,000 | |
| Selected Financial Data (US$) | ||||||
| Net income (in thousands) | 1,786,700) | 427,374) | 437,672) | 242,023) | 164,375) | |
| Earnings per share (EPS)2 | 37.33 | 8.78 | 9.25 | 5.20 | 3.60 | |
| Share price1, 3 | 578.92 | 720.04 | 483.06 | 461.44 | 389.05 | |
| Valuation Ratio | ||||||
| P/E ratio4 | 15.51 | 81.98 | 52.21 | 88.67 | 107.98 | |
| Benchmarks | ||||||
| P/E Ratio, Competitors5 | ||||||
| Advanced Micro Devices Inc. | 110.61 | 317.27 | 96.16 | 45.54 | 41.66 | |
| Analog Devices Inc. | 66.48 | 27.14 | 31.21 | 68.31 | 41.43 | |
| Applied Materials Inc. | 19.20 | 19.63 | 13.55 | 22.05 | 22.31 | |
| Broadcom Inc. | 175.56 | 36.78 | 20.70 | 40.73 | 66.38 | |
| Intel Corp. | — | 109.27 | 14.54 | 9.85 | 11.02 | |
| KLA Corp. | 34.24 | 20.04 | 16.89 | 25.97 | 25.92 | |
| Lam Research Corp. | 27.05 | 19.26 | 13.77 | 21.03 | 24.23 | |
| Micron Technology Inc. | 145.72 | — | 6.62 | 13.38 | 21.80 | |
| NVIDIA Corp. | 56.68 | 131.70 | 68.08 | 78.54 | 67.59 | |
| Qualcomm Inc. | 18.95 | 17.07 | 9.75 | 17.15 | 28.06 | |
| Texas Instruments Inc. | 34.72 | 22.24 | 18.88 | 20.38 | 27.95 | |
| P/E Ratio, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 76.42 | 48.70 | 23.05 | 24.53 | 25.50 | |
| P/E Ratio, Industry | ||||||
| Information Technology | 44.83 | 35.97 | 26.85 | 29.54 | 31.13 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 Data adjusted for splits and stock dividends.
2 2024 Calculation
EPS = Net income ÷ No. shares of common stock outstanding
= 1,786,700,000 ÷ 47,866,000 = 37.33
3 Closing price as at the filing date of Monolithic Power Systems Inc. Annual Report.
4 2024 Calculation
P/E ratio = Share price ÷ EPS
= 578.92 ÷ 37.33 = 15.51
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Monolithic Power Systems Inc. P/E ratio increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |
Price to Operating Profit (P/OP)
Monolithic Power Systems Inc., historical P/OP calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 47,866,000 | 48,661,000 | 47,305,000 | 46,509,000 | 45,621,000 | |
| Selected Financial Data (US$) | ||||||
| Operating income (in thousands) | 539,358) | 481,736) | 526,785) | 262,417) | 158,882) | |
| Operating profit per share2 | 11.27 | 9.90 | 11.14 | 5.64 | 3.48 | |
| Share price1, 3 | 578.92 | 720.04 | 483.06 | 461.44 | 389.05 | |
| Valuation Ratio | ||||||
| P/OP ratio4 | 51.38 | 72.73 | 43.38 | 81.78 | 111.71 | |
| Benchmarks | ||||||
| P/OP Ratio, Competitors5 | ||||||
| Advanced Micro Devices Inc. | 95.53 | 675.69 | 100.42 | 39.48 | 75.77 | |
| Analog Devices Inc. | 53.48 | 23.53 | 26.16 | 56.12 | 33.76 | |
| Applied Materials Inc. | 17.52 | 17.58 | 11.35 | 18.85 | 18.50 | |
| Broadcom Inc. | 76.87 | 31.96 | 16.33 | 30.78 | 44.04 | |
| Intel Corp. | — | 1,984.43 | 49.91 | 10.06 | 9.72 | |
| KLA Corp. | 28.26 | 16.99 | 15.36 | 21.69 | 20.99 | |
| Lam Research Corp. | 24.29 | 16.79 | 11.79 | 18.34 | 20.40 | |
| Micron Technology Inc. | 86.94 | — | 5.93 | 12.48 | 19.51 | |
| NVIDIA Corp. | 51.16 | 136.19 | 66.12 | 75.08 | 66.40 | |
| Qualcomm Inc. | 19.08 | 15.85 | 7.95 | 15.84 | 23.32 | |
| Texas Instruments Inc. | 30.49 | 19.75 | 16.29 | 17.67 | 26.53 | |
| P/OP Ratio, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 54.96 | 44.88 | 21.44 | 22.29 | 22.63 | |
| P/OP Ratio, Industry | ||||||
| Information Technology | 34.92 | 29.96 | 22.79 | 26.09 | 26.95 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 Data adjusted for splits and stock dividends.
2 2024 Calculation
Operating profit per share = Operating income ÷ No. shares of common stock outstanding
= 539,358,000 ÷ 47,866,000 = 11.27
3 Closing price as at the filing date of Monolithic Power Systems Inc. Annual Report.
4 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 578.92 ÷ 11.27 = 51.38
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Monolithic Power Systems Inc. P/OP ratio increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level. |
Price to Sales (P/S)
Monolithic Power Systems Inc., historical P/S calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 47,866,000 | 48,661,000 | 47,305,000 | 46,509,000 | 45,621,000 | |
| Selected Financial Data (US$) | ||||||
| Revenue (in thousands) | 2,207,100) | 1,821,072) | 1,794,148) | 1,207,798) | 844,452) | |
| Sales per share2 | 46.11 | 37.42 | 37.93 | 25.97 | 18.51 | |
| Share price1, 3 | 578.92 | 720.04 | 483.06 | 461.44 | 389.05 | |
| Valuation Ratio | ||||||
| P/S ratio4 | 12.56 | 19.24 | 12.74 | 17.77 | 21.02 | |
| Benchmarks | ||||||
| P/S Ratio, Competitors5 | ||||||
| Advanced Micro Devices Inc. | 7.04 | 11.95 | 5.38 | 8.76 | 10.63 | |
| Analog Devices Inc. | 11.53 | 7.31 | 7.14 | 12.98 | 9.03 | |
| Applied Materials Inc. | 5.07 | 5.08 | 3.43 | 5.63 | 4.69 | |
| Broadcom Inc. | 20.07 | 14.46 | 7.00 | 9.55 | 7.40 | |
| Intel Corp. | 1.58 | 3.40 | 1.85 | 2.48 | 2.96 | |
| KLA Corp. | 9.64 | 6.47 | 6.09 | 7.80 | 5.43 | |
| Lam Research Corp. | 6.95 | 4.99 | 3.68 | 5.62 | 5.43 | |
| Micron Technology Inc. | 4.51 | 4.94 | 1.87 | 2.83 | 2.73 | |
| NVIDIA Corp. | 27.69 | 21.33 | 24.67 | 20.41 | 17.31 | |
| Qualcomm Inc. | 4.93 | 3.45 | 2.85 | 4.62 | 6.20 | |
| Texas Instruments Inc. | 10.65 | 8.26 | 8.25 | 8.63 | 10.81 | |
| P/S Ratio, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 11.75 | 8.33 | 5.86 | 6.30 | 5.85 | |
| P/S Ratio, Industry | ||||||
| Information Technology | 9.29 | 7.33 | 6.02 | 6.97 | 6.11 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 Data adjusted for splits and stock dividends.
2 2024 Calculation
Sales per share = Revenue ÷ No. shares of common stock outstanding
= 2,207,100,000 ÷ 47,866,000 = 46.11
3 Closing price as at the filing date of Monolithic Power Systems Inc. Annual Report.
4 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 578.92 ÷ 46.11 = 12.56
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Monolithic Power Systems Inc. P/S ratio increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |
Price to Book Value (P/BV)
Monolithic Power Systems Inc., historical P/BV calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 47,866,000 | 48,661,000 | 47,305,000 | 46,509,000 | 45,621,000 | |
| Selected Financial Data (US$) | ||||||
| Stockholders’ equity (in thousands) | 3,145,767) | 2,049,939) | 1,668,602) | 1,243,985) | 966,587) | |
| Book value per share (BVPS)2 | 65.72 | 42.13 | 35.27 | 26.75 | 21.19 | |
| Share price1, 3 | 578.92 | 720.04 | 483.06 | 461.44 | 389.05 | |
| Valuation Ratio | ||||||
| P/BV ratio4 | 8.81 | 17.09 | 13.69 | 17.25 | 18.36 | |
| Benchmarks | ||||||
| P/BV Ratio, Competitors5 | ||||||
| Advanced Micro Devices Inc. | 3.15 | 4.85 | 2.32 | 19.21 | 17.77 | |
| Analog Devices Inc. | 3.09 | 2.53 | 2.35 | 2.50 | 4.22 | |
| Applied Materials Inc. | 7.25 | 8.23 | 7.25 | 10.60 | 7.63 | |
| Broadcom Inc. | 15.29 | 21.59 | 10.23 | 10.50 | 7.40 | |
| Intel Corp. | 0.85 | 1.75 | 1.15 | 2.05 | 2.84 | |
| KLA Corp. | 28.07 | 23.25 | 40.05 | 15.98 | 11.83 | |
| Lam Research Corp. | 12.13 | 10.58 | 10.10 | 13.64 | 10.55 | |
| Micron Technology Inc. | 2.51 | 1.74 | 1.15 | 1.79 | 1.50 | |
| NVIDIA Corp. | 39.25 | 26.03 | 24.95 | 20.14 | 15.49 | |
| Qualcomm Inc. | 7.31 | 5.72 | 7.00 | 15.59 | 24.00 | |
| Texas Instruments Inc. | 9.86 | 8.57 | 11.33 | 11.87 | 17.02 | |
| P/BV Ratio, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 9.25 | 6.50 | 5.22 | 6.29 | 6.21 | |
| P/BV Ratio, Industry | ||||||
| Information Technology | 13.17 | 11.47 | 10.47 | 12.50 | 11.10 | |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 Data adjusted for splits and stock dividends.
2 2024 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 3,145,767,000 ÷ 47,866,000 = 65.72
3 Closing price as at the filing date of Monolithic Power Systems Inc. Annual Report.
4 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 578.92 ÷ 65.72 = 8.81
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Monolithic Power Systems Inc. P/BV ratio increased from 2022 to 2023 but then decreased significantly from 2023 to 2024. |