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As of Q4'26 (2026-01-31), MRVL's EV/EBITDA ratio stands at 170.02, marking a significant increase from the previous quarter's value of 19.88. This latest data point represents a sharp spike, indicating a notable change in the company's valuation relative to its EBITDA. Over the period from Q1'24 to Q4'26, the EV/EBITDA ratio for MRVL has exhibited considerable volatility. The ratio initially climbed steadily from 43.14 in Q1'24 to a peak of 262.15 in Q3'25, followed by a substantial decline to 19.88 by Q3'26. The sudden jump to 170.02 in Q4'26 suggests either a rapid change in enterprise value, a shift in EBITDA, or both, highlighting a period of significant market or operational developments for the company.