A ceramic capacitor with the designation CAP CER 470PF 500V X7R 1206 features a capacitance value of 470 picoFarads and operates at a maximum voltage rating of 500 volts. It is classified as an X7R dielectric type, suitable for applications requiring stability over a broad temperature range. The capacitor's size corresponds to the metric code 3216, equivalent to the 1206 designation in imperial units.