Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
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).
Historical Valuation Ratios (Summary)
Monolithic Power Systems Inc., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
| 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 Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level. |
| 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 Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 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 Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 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 Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level. |
Price to Earnings (P/E)
Monolithic Power Systems Inc., historical P/E calculation (quarterly data)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 48,780,000 | 48,752,000 | 48,672,000 | 48,661,000 | 47,912,000 | 47,778,000 | 47,423,000 | 47,305,000 | 46,942,000 | 46,789,000 | 46,643,000 | 46,509,000 | 46,093,000 | 45,920,000 | 45,754,000 | 45,621,000 | 45,097,000 | 44,913,000 | 44,740,000 | 44,602,000 | 43,439,000 | 43,244,000 | 43,057,000 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||
| Net income (in thousands) | 144,430) | 100,366) | 92,541) | 96,905) | 121,163) | 99,504) | 109,802) | 119,090) | 124,337) | 114,679) | 79,566) | 72,671) | 68,770) | 55,169) | 45,413) | 42,886) | 55,566) | 30,167) | 35,756) | 32,437) | 29,528) | 20,693) | 26,181) | |||||||
| Earnings per share (EPS)2 | 8.90 | 8.43 | 8.43 | 8.78 | 9.38 | 9.48 | 9.87 | 9.25 | 8.33 | 7.17 | 5.92 | 5.20 | 4.60 | 4.33 | 3.80 | 3.60 | 3.41 | 2.85 | 2.65 | 2.44 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 785.29 | 795.76 | 707.22 | 720.04 | 492.94 | 537.04 | 411.27 | 483.06 | 343.84 | 532.33 | 412.79 | 461.44 | 548.35 | 459.77 | 321.86 | 389.05 | 357.18 | 268.44 | 210.50 | 158.64 | 155.58 | 146.61 | 136.15 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||
| P/E ratio4 | 88.21 | 94.40 | 83.93 | 81.98 | 52.54 | 56.68 | 41.68 | 52.21 | 41.25 | 74.20 | 69.72 | 88.67 | 119.09 | 106.08 | 84.62 | 107.98 | 104.65 | 94.27 | 79.53 | 65.01 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | 132.06 | 172.70 | 208.95 | 317.27 | 839.13 | — | 332.75 | 96.16 | 41.59 | 50.59 | 47.48 | 45.54 | 37.20 | 34.57 | 35.41 | 41.66 | 104.54 | 146.69 | 129.05 | 169.62 | — | — | — | |||||||
| Analog Devices Inc. | 68.22 | 55.68 | 34.12 | 27.14 | 23.57 | 23.96 | 28.93 | 31.21 | 46.35 | 50.61 | 68.72 | 68.31 | 35.88 | 36.19 | 41.93 | 41.43 | 39.23 | 37.97 | 37.64 | 31.04 | — | — | — | |||||||
| Applied Materials Inc. | 22.15 | 24.70 | 23.55 | 19.63 | 18.50 | 17.61 | 14.79 | 13.55 | 13.59 | 14.82 | 17.99 | 22.05 | 22.54 | 28.42 | 27.11 | 22.31 | 18.29 | 17.29 | 21.57 | 20.25 | — | — | — | |||||||
| Broadcom Inc. | 145.09 | 76.08 | 50.29 | 36.78 | 25.96 | 24.11 | 20.92 | 20.70 | 21.10 | 26.03 | 31.86 | 40.73 | 35.19 | 42.12 | 50.39 | 66.38 | 65.22 | 51.79 | 36.94 | 47.09 | — | — | — | |||||||
| Intel Corp. | — | 94.20 | 33.38 | 109.27 | — | — | — | 14.54 | 9.02 | 7.80 | 7.24 | 9.85 | 9.53 | 11.59 | 12.86 | 11.02 | 9.00 | 9.09 | 11.04 | 13.91 | — | — | — | |||||||
| KLA Corp. | 36.43 | 29.95 | 20.06 | 20.04 | 15.12 | 15.62 | 13.89 | 16.89 | 15.13 | 18.50 | 19.76 | 25.97 | 26.04 | 33.15 | 23.59 | 25.92 | 24.82 | 23.60 | 23.68 | 18.44 | — | — | — | |||||||
| Lam Research Corp. | 33.64 | 32.06 | 19.89 | 19.26 | 14.05 | 12.60 | 10.51 | 13.77 | 13.97 | 17.91 | 18.12 | 21.03 | 26.30 | 24.88 | 18.97 | 24.23 | 18.13 | 22.89 | 18.89 | 13.64 | — | — | — | |||||||
| Micron Technology Inc. | — | — | — | — | — | 43.16 | 8.72 | 6.62 | 5.97 | 9.80 | 14.54 | 13.38 | 21.84 | 32.41 | 28.88 | 21.80 | 25.33 | 21.69 | 17.42 | 7.98 | — | — | — | |||||||
| NVIDIA Corp. | 65.31 | 112.05 | 200.72 | 131.70 | 63.65 | 48.55 | 49.72 | 68.08 | 97.36 | 73.53 | 73.45 | 78.54 | 86.91 | 88.41 | 65.08 | 67.59 | 53.31 | 33.05 | 29.68 | 22.77 | — | — | — | |||||||
| Qualcomm Inc. | 23.14 | 21.84 | 21.35 | 17.07 | 16.75 | 11.92 | 12.87 | 9.75 | 13.40 | 13.56 | 21.24 | 17.15 | 17.46 | 19.20 | 27.40 | 28.06 | 38.25 | 21.95 | 24.49 | 22.03 | — | — | — | |||||||
| Texas Instruments Inc. | 37.07 | 34.08 | 26.94 | 22.24 | 18.13 | 20.79 | 18.08 | 18.88 | 16.05 | 18.27 | 19.01 | 20.38 | 23.61 | 25.25 | 27.20 | 27.95 | 26.95 | 24.04 | 20.66 | 24.47 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2024 Calculation
EPS
= (Net incomeQ3 2024
+ Net incomeQ2 2024
+ Net incomeQ1 2024
+ Net incomeQ4 2023)
÷ No. shares of common stock outstanding
= (144,430,000 + 100,366,000 + 92,541,000 + 96,905,000)
÷ 48,780,000 = 8.90
3 Closing price as at the filing date of Monolithic Power Systems Inc. Quarterly or Annual Report.
4 Q3 2024 Calculation
P/E ratio = Share price ÷ EPS
= 785.29 ÷ 8.90 = 88.21
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 Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level. |
Price to Operating Profit (P/OP)
Monolithic Power Systems Inc., historical P/OP calculation (quarterly data)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 48,780,000 | 48,752,000 | 48,672,000 | 48,661,000 | 47,912,000 | 47,778,000 | 47,423,000 | 47,305,000 | 46,942,000 | 46,789,000 | 46,643,000 | 46,509,000 | 46,093,000 | 45,920,000 | 45,754,000 | 45,621,000 | 45,097,000 | 44,913,000 | 44,740,000 | 44,602,000 | 43,439,000 | 43,244,000 | 43,057,000 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||
| Operating income (in thousands) | 164,028) | 116,536) | 95,487) | 109,569) | 135,566) | 112,325) | 124,276) | 136,892) | 151,871) | 141,888) | 96,134) | 78,572) | 77,131) | 60,628) | 46,086) | 39,962) | 59,979) | 27,955) | 30,986) | 30,694) | 30,032) | 20,119) | 21,717) | |||||||
| Operating profit per share2 | 9.96 | 9.38 | 9.31 | 9.90 | 10.62 | 11.00 | 11.70 | 11.14 | 9.98 | 8.41 | 6.70 | 5.64 | 4.86 | 4.50 | 3.80 | 3.48 | 3.32 | 2.66 | 2.50 | 2.30 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 785.29 | 795.76 | 707.22 | 720.04 | 492.94 | 537.04 | 411.27 | 483.06 | 343.84 | 532.33 | 412.79 | 461.44 | 548.35 | 459.77 | 321.86 | 389.05 | 357.18 | 268.44 | 210.50 | 158.64 | 155.58 | 146.61 | 136.15 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||
| P/OP ratio4 | 78.88 | 84.86 | 76.00 | 72.73 | 46.39 | 48.84 | 35.15 | 43.38 | 34.45 | 63.26 | 61.62 | 81.78 | 112.93 | 102.16 | 84.64 | 111.71 | 107.66 | 100.75 | 84.21 | 68.99 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | 175.89 | 268.47 | 400.66 | 675.69 | — | — | 782.37 | 100.42 | 36.08 | 43.60 | 40.92 | 39.48 | 49.04 | 47.29 | 55.06 | 75.77 | 80.11 | 101.06 | 81.62 | 91.66 | — | — | — | |||||||
| Analog Devices Inc. | 53.84 | 46.99 | 29.30 | 23.53 | 20.61 | 20.41 | 24.53 | 26.16 | 38.46 | 41.74 | 55.30 | 56.12 | 29.71 | 30.29 | 34.90 | 33.76 | 31.72 | 30.10 | 29.85 | 24.74 | — | — | — | |||||||
| Applied Materials Inc. | 21.18 | 23.58 | 22.03 | 17.58 | 15.53 | 14.65 | 12.26 | 11.35 | 11.57 | 12.68 | 15.55 | 18.85 | 19.43 | 23.98 | 22.70 | 18.50 | 14.76 | 13.85 | 17.50 | 16.36 | — | — | — | |||||||
| Broadcom Inc. | 56.53 | 59.46 | 41.23 | 31.96 | 22.57 | 20.66 | 17.32 | 16.33 | 16.17 | 20.04 | 24.51 | 30.78 | 27.21 | 30.43 | 35.86 | 44.04 | 41.08 | 35.53 | 25.99 | 36.85 | — | — | — | |||||||
| Intel Corp. | — | — | 275.84 | 1,984.43 | — | — | — | 49.91 | 14.19 | 10.76 | 8.87 | 10.06 | 9.88 | 10.65 | 11.76 | 9.72 | 8.03 | 8.28 | 10.08 | 13.29 | — | — | — | |||||||
| KLA Corp. | 29.78 | 24.43 | 16.45 | 16.99 | 12.79 | 13.23 | 11.55 | 15.36 | 14.02 | 17.40 | 19.37 | 21.69 | 21.76 | 26.27 | 18.82 | 20.99 | 19.27 | 19.38 | 19.67 | 15.60 | — | — | — | |||||||
| Lam Research Corp. | 30.42 | 28.60 | 17.56 | 16.79 | 11.92 | 10.68 | 8.94 | 11.79 | 12.15 | 15.75 | 15.79 | 18.34 | 23.20 | 21.56 | 15.98 | 20.40 | 15.00 | 19.68 | 16.64 | 12.13 | — | — | — | |||||||
| Micron Technology Inc. | — | — | — | — | — | 34.54 | 7.86 | 5.93 | 5.31 | 8.90 | 13.31 | 12.48 | 20.11 | 29.00 | 25.85 | 19.51 | 22.93 | 19.03 | 14.79 | 6.83 | — | — | — | |||||||
| NVIDIA Corp. | 59.84 | 107.15 | 213.98 | 136.19 | 63.84 | 46.92 | 47.25 | 66.12 | 93.15 | 71.25 | 70.98 | 75.08 | 82.82 | 84.54 | 62.35 | 66.40 | 59.78 | 39.73 | 34.07 | 24.79 | — | — | — | |||||||
| Qualcomm Inc. | 22.65 | 21.54 | 20.09 | 15.85 | 14.36 | 9.90 | 10.47 | 7.95 | 11.41 | 11.80 | 19.06 | 15.84 | 15.54 | 17.26 | 23.79 | 23.32 | 29.96 | 11.05 | 13.01 | 12.60 | — | — | — | |||||||
| Texas Instruments Inc. | 32.74 | 30.38 | 23.82 | 19.75 | 16.15 | 18.24 | 15.69 | 16.29 | 13.69 | 15.53 | 16.30 | 17.67 | 20.89 | 22.42 | 25.48 | 26.53 | 25.17 | 22.86 | 18.39 | 21.46 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2024 Calculation
Operating profit per share
= (Operating incomeQ3 2024
+ Operating incomeQ2 2024
+ Operating incomeQ1 2024
+ Operating incomeQ4 2023)
÷ No. shares of common stock outstanding
= (164,028,000 + 116,536,000 + 95,487,000 + 109,569,000)
÷ 48,780,000 = 9.96
3 Closing price as at the filing date of Monolithic Power Systems Inc. Quarterly or Annual Report.
4 Q3 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 785.29 ÷ 9.96 = 78.88
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 Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level. |
Price to Sales (P/S)
Monolithic Power Systems Inc., historical P/S calculation (quarterly data)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 48,780,000 | 48,752,000 | 48,672,000 | 48,661,000 | 47,912,000 | 47,778,000 | 47,423,000 | 47,305,000 | 46,942,000 | 46,789,000 | 46,643,000 | 46,509,000 | 46,093,000 | 45,920,000 | 45,754,000 | 45,621,000 | 45,097,000 | 44,913,000 | 44,740,000 | 44,602,000 | 43,439,000 | 43,244,000 | 43,057,000 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||
| Revenue (in thousands) | 620,119) | 507,431) | 457,885) | 454,012) | 474,867) | 441,128) | 451,065) | 460,012) | 495,418) | 461,004) | 377,714) | 336,504) | 323,522) | 293,317) | 254,455) | 233,043) | 259,422) | 186,209) | 165,778) | 166,738) | 168,813) | 151,007) | 141,363) | |||||||
| Sales per share2 | 41.81 | 38.85 | 37.56 | 37.42 | 38.13 | 38.67 | 39.38 | 37.93 | 35.59 | 32.03 | 28.54 | 25.97 | 23.96 | 22.65 | 20.39 | 18.51 | 17.25 | 15.31 | 14.58 | 14.08 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 785.29 | 795.76 | 707.22 | 720.04 | 492.94 | 537.04 | 411.27 | 483.06 | 343.84 | 532.33 | 412.79 | 461.44 | 548.35 | 459.77 | 321.86 | 389.05 | 357.18 | 268.44 | 210.50 | 158.64 | 155.58 | 146.61 | 136.15 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||
| P/S ratio4 | 18.78 | 20.48 | 18.83 | 19.24 | 12.93 | 13.89 | 10.44 | 12.74 | 9.66 | 16.62 | 14.47 | 17.77 | 22.89 | 20.30 | 15.78 | 21.02 | 20.70 | 17.54 | 14.44 | 11.27 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | 9.93 | 10.05 | 10.23 | 11.95 | 7.89 | 8.08 | 5.70 | 5.38 | 4.14 | 7.34 | 8.54 | 8.76 | 9.94 | 8.90 | 8.94 | 10.63 | 10.63 | 11.68 | 8.67 | 8.59 | — | — | — | |||||||
| Analog Devices Inc. | 11.64 | 11.39 | 8.30 | 7.31 | 6.89 | 6.75 | 7.89 | 7.14 | 7.88 | 8.52 | 10.43 | 12.98 | 9.38 | 9.11 | 10.06 | 9.03 | 7.90 | 7.61 | 7.93 | 7.06 | — | — | — | |||||||
| Applied Materials Inc. | 6.15 | 6.81 | 6.36 | 5.08 | 4.49 | 4.29 | 3.63 | 3.43 | 3.59 | 4.03 | 4.88 | 5.63 | 5.53 | 6.35 | 5.74 | 4.69 | 3.58 | 3.27 | 4.06 | 3.75 | — | — | — | |||||||
| Broadcom Inc. | 15.79 | 18.34 | 15.05 | 14.46 | 10.15 | 9.33 | 7.66 | 7.00 | 6.54 | 7.49 | 8.42 | 9.55 | 7.66 | 7.56 | 7.46 | 7.40 | 6.27 | 5.28 | 4.13 | 5.62 | — | — | — | |||||||
| Intel Corp. | 1.84 | 1.67 | 2.46 | 3.40 | 2.83 | 2.85 | 2.30 | 1.85 | 1.73 | 2.03 | 2.29 | 2.48 | 2.56 | 2.77 | 3.08 | 2.96 | 2.53 | 2.73 | 3.31 | 4.07 | — | — | — | |||||||
| KLA Corp. | 9.91 | 8.38 | 6.12 | 6.47 | 4.99 | 5.28 | 4.62 | 6.09 | 5.51 | 6.77 | 7.22 | 7.80 | 7.49 | 7.46 | 5.13 | 5.43 | 4.53 | 5.09 | 5.46 | 4.74 | — | — | — | |||||||
| Lam Research Corp. | 8.53 | 7.75 | 4.99 | 4.99 | 3.66 | 3.39 | 2.83 | 3.68 | 3.79 | 4.98 | 4.91 | 5.62 | 6.86 | 6.18 | 4.48 | 5.43 | 3.95 | 4.96 | 4.23 | 3.10 | — | — | — | |||||||
| Micron Technology Inc. | 6.86 | 6.64 | 5.83 | 4.94 | 3.88 | 3.02 | 1.99 | 1.87 | 1.83 | 2.84 | 3.62 | 2.83 | 3.54 | 4.41 | 3.93 | 2.73 | 2.83 | 2.54 | 2.96 | 2.15 | — | — | — | |||||||
| NVIDIA Corp. | 27.49 | 35.40 | 37.18 | 21.33 | 13.27 | 12.64 | 15.92 | 24.67 | 32.92 | 23.77 | 20.32 | 20.41 | 22.50 | 22.93 | 18.34 | 17.31 | 12.83 | 8.90 | 9.10 | 8.05 | — | — | — | |||||||
| Qualcomm Inc. | 5.40 | 5.03 | 4.57 | 3.45 | 3.74 | 3.06 | 3.53 | 2.85 | 4.09 | 3.85 | 5.89 | 4.62 | 4.93 | 5.24 | 6.91 | 6.20 | 5.25 | 3.59 | 4.24 | 3.98 | — | — | — | |||||||
| Texas Instruments Inc. | 11.71 | 11.25 | 9.47 | 8.26 | 7.11 | 8.49 | 7.65 | 8.25 | 7.10 | 8.00 | 8.24 | 8.63 | 9.82 | 10.13 | 10.89 | 10.81 | 9.77 | 8.87 | 7.28 | 8.54 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2024 Calculation
Sales per share
= (RevenueQ3 2024
+ RevenueQ2 2024
+ RevenueQ1 2024
+ RevenueQ4 2023)
÷ No. shares of common stock outstanding
= (620,119,000 + 507,431,000 + 457,885,000 + 454,012,000)
÷ 48,780,000 = 41.81
3 Closing price as at the filing date of Monolithic Power Systems Inc. Quarterly or Annual Report.
4 Q3 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 785.29 ÷ 41.81 = 18.78
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 Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024. |
Price to Book Value (P/BV)
Monolithic Power Systems Inc., historical P/BV calculation (quarterly data)
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 48,780,000 | 48,752,000 | 48,672,000 | 48,661,000 | 47,912,000 | 47,778,000 | 47,423,000 | 47,305,000 | 46,942,000 | 46,789,000 | 46,643,000 | 46,509,000 | 46,093,000 | 45,920,000 | 45,754,000 | 45,621,000 | 45,097,000 | 44,913,000 | 44,740,000 | 44,602,000 | 43,439,000 | 43,244,000 | 43,057,000 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||
| Stockholders’ equity (in thousands) | 2,351,690) | 2,195,858) | 2,113,557) | 2,049,939) | 1,944,864) | 1,839,089) | 1,776,261) | 1,668,602) | 1,530,709) | 1,423,122) | 1,326,112) | 1,243,985) | 1,162,713) | 1,087,355) | 1,021,577) | 966,587) | 914,569) | 848,945) | 813,190) | 773,491) | 734,428) | 704,154) | 680,251) | |||||||
| Book value per share (BVPS)2 | 48.21 | 45.04 | 43.42 | 42.13 | 40.59 | 38.49 | 37.46 | 35.27 | 32.61 | 30.42 | 28.43 | 26.75 | 25.23 | 23.68 | 22.33 | 21.19 | 20.28 | 18.90 | 18.18 | 17.34 | 16.91 | 16.28 | 15.80 | |||||||
| Share price1, 3 | 785.29 | 795.76 | 707.22 | 720.04 | 492.94 | 537.04 | 411.27 | 483.06 | 343.84 | 532.33 | 412.79 | 461.44 | 548.35 | 459.77 | 321.86 | 389.05 | 357.18 | 268.44 | 210.50 | 158.64 | 155.58 | 146.61 | 136.15 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||
| P/BV ratio4 | 16.29 | 17.67 | 16.29 | 17.09 | 12.14 | 13.95 | 10.98 | 13.69 | 10.54 | 17.50 | 14.52 | 17.25 | 21.74 | 19.42 | 14.42 | 18.36 | 17.61 | 14.20 | 11.58 | 9.15 | 9.20 | 9.00 | 8.62 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||||
| Advanced Micro Devices Inc. | 4.23 | 4.14 | 4.15 | 4.85 | 3.18 | 3.20 | 2.40 | 2.32 | 1.73 | 2.87 | 2.91 | 19.21 | 20.69 | 16.81 | 15.76 | 17.77 | 23.76 | 27.03 | 20.69 | 20.46 | 16.96 | 17.39 | 16.22 | |||||||
| Analog Devices Inc. | 3.21 | 3.38 | 2.70 | 2.53 | 2.46 | 2.41 | 2.72 | 2.35 | 2.39 | 2.24 | 2.35 | 2.50 | 4.98 | 4.64 | 4.88 | 4.22 | 3.70 | 3.64 | 3.90 | 3.61 | 3.40 | 3.19 | 3.40 | |||||||
| Applied Materials Inc. | 8.76 | 9.92 | 9.67 | 8.23 | 7.90 | 8.09 | 7.11 | 7.25 | 7.48 | 8.65 | 9.91 | 10.60 | 9.92 | 10.50 | 9.11 | 7.63 | 6.09 | 5.59 | 7.04 | 6.67 | 5.35 | 4.56 | 4.49 | |||||||
| Broadcom Inc. | 11.26 | 11.17 | 8.32 | 21.59 | 16.31 | 14.86 | 11.31 | 10.23 | 9.93 | 10.71 | 10.45 | 10.50 | 8.35 | 8.07 | 7.68 | 7.40 | 6.18 | 5.04 | 3.84 | 5.09 | 5.36 | 4.77 | 4.95 | |||||||
| Intel Corp. | 1.01 | 0.80 | 1.28 | 1.75 | 1.47 | 1.53 | 1.32 | 1.15 | 1.20 | 1.47 | 1.73 | 2.05 | 2.23 | 2.52 | 3.00 | 2.84 | 2.65 | 2.62 | 3.29 | 3.78 | 3.31 | 3.05 | 3.19 | |||||||
| KLA Corp. | 30.73 | 26.63 | 20.82 | 23.25 | 19.77 | 21.24 | 21.67 | 40.05 | 11.68 | 13.65 | 13.95 | 15.98 | 15.52 | 15.44 | 11.09 | 11.83 | 11.01 | 10.06 | 10.02 | 8.15 | 6.50 | 9.57 | 8.94 | |||||||
| Lam Research Corp. | 15.14 | 13.49 | 9.82 | 10.58 | 8.22 | 7.78 | 6.88 | 10.10 | 10.52 | 12.70 | 13.28 | 13.64 | 16.94 | 13.40 | 9.14 | 10.55 | 8.38 | 10.81 | 8.13 | 6.40 | 5.88 | 4.51 | 4.27 | |||||||
| Micron Technology Inc. | 3.32 | 2.77 | 2.20 | 1.74 | 1.55 | 1.47 | 1.09 | 1.15 | 1.20 | 1.85 | 2.33 | 1.79 | 2.13 | 2.55 | 2.17 | 1.50 | 1.51 | 1.35 | 1.68 | 1.40 | 1.16 | 1.41 | 1.04 | |||||||
| NVIDIA Corp. | 37.08 | 42.07 | 39.24 | 26.03 | 17.76 | 15.75 | 17.87 | 24.95 | 33.57 | 24.61 | 20.84 | 20.14 | 21.69 | 21.53 | 16.49 | 15.49 | 11.46 | 8.77 | 10.07 | 10.09 | 13.03 | 17.81 | 19.10 | |||||||
| Qualcomm Inc. | 8.17 | 7.48 | 7.19 | 5.72 | 6.98 | 6.38 | 8.05 | 7.00 | 10.74 | 11.35 | 18.72 | 15.59 | 19.65 | 20.75 | 24.98 | 24.00 | 31.75 | 29.17 | 23.03 | 19.69 | 16.28 | 27.16 | 16.79 | |||||||
| Texas Instruments Inc. | 10.66 | 10.52 | 9.37 | 8.57 | 7.74 | 10.03 | 9.79 | 11.33 | 9.88 | 11.12 | 11.14 | 11.87 | 14.22 | 15.22 | 16.52 | 17.02 | 16.11 | 15.88 | 13.29 | 13.79 | 12.28 | 13.75 | 12.98 | |||||||
Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2024 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 2,351,690,000 ÷ 48,780,000 = 48.21
3 Closing price as at the filing date of Monolithic Power Systems Inc. Quarterly or Annual Report.
4 Q3 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 785.29 ÷ 48.21 = 16.29
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 Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024 not reaching Q1 2024 level. |