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As of Q4'26 (2026-01-31), MRVL's latest EV/Sales ratio stands at 30.99, reflecting a moderate valuation relative to its recent historical range. This value represents a decrease from the previous quarter's 41.81, indicating a notable contraction in the company's enterprise value relative to its sales. Over the period from Q1'24 to Q4'26, MRVL's EV/Sales ratio has exhibited significant volatility. After peaking at 69.56 in Q3'25, the ratio sharply declined to 29.15 by Q1'26, followed by a brief rebound and another drop. The overall trend suggests periods of rapid expansion and contraction, with the most recent quarters showing a downward adjustment from earlier highs, possibly reflecting changing market sentiment or shifts in revenue expectations.