Monolithic Power Systems, Inc.
MPWR Technology Semiconductors
Monolithic Power Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 26.4% from fiscal 2024. In the quarter to June 2026, revenue grew 47.6%, EPS grew 87.8% and free cash flow fell 61.5%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.
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Monolithic Power Systems, Inc. (MPWR) P/B ratio
As of 16 October 2026, Monolithic Power Systems, Inc. (MPWR) trades at a P/B ratio of 15.3×. Over the past ten years it has ranged from 5.1× (August 2015) to 22.8× (November 2021); the current reading is higher than 77% of that period. That is above the Semiconductors industry median of 4.9× and above the Technology sector median of 2.7×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 12.3× | 26.52% |
| FY2024 | 9.7× | (30.54%) |
| FY2023 | 14.0× | 46.06% |
| FY2022 | 9.6× | (47.18%) |
| FY2021 | 18.2× | 7.03% |
| FY2020 | 17.0× | 71.01% |
| FY2019 | 9.9× | 29.48% |
| FY2018 | 7.7× | (16.72%) |
| FY2017 | 9.2× | 17.49% |
| FY2016 | 7.8× | 14.92% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 17.4× | 19.46% |
| Mar 2026 | 14.6× | 18.41% |
| Dec 2025 | 12.3× | (0.25%) |
| Sep 2025 | 12.4× | 20.05% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| STM STMicroelectronics N.V. compare | 2.2× |
| UMC United Microelectronics Corporation compare | 3.5× |
| ON ON Semiconductor Corporation compare | 3.9× |
| NXPI NXP Semiconductors N.V. compare | 5.1× |
| MCHP Microchip Technology Incorporated compare | 6.2× |
| ASX ASE Technology Holding Co., Ltd. compare | 7.6× |
| CRDO Credo Technology Group Holding Ltd. compare | 11.6× |
| MPWR Monolithic Power Systems, Inc. | 15.3× |
| ALAB Astera Labs, Inc. compare | 28.5× |
| Semiconductors industry median | 4.9× |
| Technology sector median | 2.7× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on MPWR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement