Micron Technology, Inc.

Micron Technology, Inc.verified

MU

Price:

$102.64

Market Cap:

$113.80B

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through pri...[Read more]

Industry

Semiconductors

IPO Date

1984-06-01

Stock Exchange

NASDAQ

Ticker

MU

The PE Ratio as of November 2024 (TTM) for Micron Technology, Inc. (MU) is 146.63

According to Micron Technology, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 146.63. This represents a change of 291.82% compared to the average of 37.42 of the last 4 quarters.

Micron Technology, Inc. (MU) Historical PE Ratio (quarterly & annually)

How has MU PE Ratio performed in the past?

The mean historical PE Ratio of Micron Technology, Inc. over the last ten years is 12.70. The current 146.63 PE Ratio has changed 115.31% with respect to the historical average. Over the past ten years (40 quarters), MU's PE Ratio was at its highest in in the May 2024 quarter at 105.27. The PE Ratio was at its lowest in in the December 2022 quarter at -82.18.

Quarterly (TTM)
Annual

Average

12.70

Median

7.09

Minimum

-61.63

Maximum

135.74

Micron Technology, Inc. (MU) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Micron Technology, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 142.80%

Maximum Annual PE Ratio = 135.74

Minimum Annual Increase = -1135.74%

Minimum Annual PE Ratio = -61.63

Quarterly (TTM)
Annual
YearPE RatioChange
2024135.74-1135.74%
2023-13.11-278.64%
20227.34-48.11%
202114.14-26.12%
202019.14142.80%
20197.8871.96%
20184.58-33.00%
20176.84-111.10%
2016-61.63-1106.49%
20156.12-46.39%

Micron Technology, Inc. (MU) Average PE Ratio

How has MU PE Ratio performed in the past?

The current PE Ratio of Micron Technology, Inc. (MU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

43.32

5-year avg

32.65

10-year avg

12.70

Micron Technology, Inc. (MU) PE Ratio vs. Peers

How is MU’s PE Ratio compared to its peers?

Micron Technology, Inc.’s PE Ratio is greater than NVIDIA Corporation (55.21), greater than Intel Corporation (-6.59), greater than Taiwan Semiconductor Manufacturing Company Limited (30.55), greater than Marvell Technology, Inc. (-82.91), greater than Advanced Micro Devices, Inc. (122.74), less than Broadcom Inc. (150.31), greater than QUALCOMM Incorporated (17.24),

Build a custom stock screener for Micron Technology, Inc. (MU) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Micron Technology, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Micron Technology, Inc. (MU) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Micron Technology, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Micron Technology, Inc.'s PE Ratio?

How is the PE Ratio calculated for Micron Technology, Inc. (MU)?

What is the highest PE Ratio for Micron Technology, Inc. (MU)?

What is the 3-year average PE Ratio for Micron Technology, Inc. (MU)?

What is the 5-year average PE Ratio for Micron Technology, Inc. (MU)?

How does the current PE Ratio for Micron Technology, Inc. (MU) compare to its historical average?