The current PE ratio for Micron Technology stock as of Apr 1, 2025 is 21.12. This is calculated based on the TTM EPS of $4.2 and the stock price of $88.71 per share.
The average historical PE ratio of Micron Technology for the last ten years is 18.79. The current price-to-earnings ratio of 21.12 is 12% more than the historical average. Analyzing the last ten years, MU's PE ratio reached its highest point in the Aug 2024 quarter at 136.53, when the price was $95.57 and the EPS was $0.7. The lowest point was recorded in the Nov 2018 quarter, when it reached 2.96 with a price of $37.91 and an EPS of $12.81.
Maximum annual increase: 932.42% in 2011
Maximum annual decrease: -48.13% in 2022
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 136.53 | N/A | $95.57 | $0.7 |
2023 | N/A | N/A | $69.94 | -$5.34 |
2022 | 7.34 | -48.13% | $57.31 | $7.81 |
2021 | 14.15 | -26.07% | $73.99 | $5.23 |
2020 | 19.14 | 142.89% | $46.33 | $2.42 |
2019 | 7.88 | 83.26% | $44.67 | $5.67 |
2018 | 4.3 | -37.23% | $52.76 | $12.27 |
2017 | 6.85 | N/A | $31.97 | $4.67 |
2016 | N/A | N/A | $16.64 | -$0.27 |
2015 | 6.12 | -46.46% | $16.59 | $2.71 |
2014 | 11.43 | -2.31% | $32.81 | $2.87 |
2013 | 11.7 | N/A | $13.57 | $1.16 |
2012 | N/A | N/A | $6.18 | -$1.04 |
2011 | 33.76 | 932.42% | $5.74 | $0.17 |
2010 | 3.27 | N/A | $6.83 | $2.09 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Feb 2025 | 21.86 | -22.1% | $91.82 | $4.2 |
Nov 2024 | 28.06 | -79.45% | $98.2 | $3.5 |
Aug 2024 | 136.53 | N/A | $95.57 | $0.7 |
May 2024 | N/A | N/A | $126.29 | -$1.41 |
Feb 2024 | N/A | N/A | $90.61 | -$3.44 |
Nov 2023 | N/A | N/A | $76.12 | -$6.28 |
Aug 2023 | N/A | N/A | $69.94 | -$5.34 |
Jun 2023 | N/A | N/A | $69.09 | -$2.66 |
Mar 2023 | 39.46 | 296.18% | $56.43 | $1.43 |
Dec 2022 | 9.96 | 35.69% | $55.49 | $5.57 |
Sep 2022 | 7.34 | -13.75% | $57.31 | $7.81 |
Jun 2022 | 8.51 | -23.19% | $75.37 | $8.86 |
Mar 2022 | 11.08 | -12.13% | $89.18 | $8.05 |
Dec 2021 | 12.61 | -10.88% | $82.88 | $6.57 |
Sep 2021 | 14.15 | -36.18% | $73.99 | $5.23 |
Currently, MU's PE ratio is above its 10-year average, but it is under its 3 and 5-year averages.
When compared to its peer RMBS, MU's PE ratio is lower, but it is higher than STM's and WDC's. Micron Technology's PE ratio is trading above the peer average of 16.0.
Stock name | PE ratio | Market cap |
---|---|---|
PLAB Photronics Inc | 8.53 | $1.3B |
WDC Western Digital Corp | 11.55 | $14.22B |
STM ST Microelectronics | 12.59 | $19.56B |
MU Micron Technology Inc | 21.12 | $99.14B |
RMBS Rambus Inc | 31.31 | $5.59B |
INTC Intel Corp | N/A | $95.48B |
The price to earnings ratio for MU stock as of Apr 1, 2025, stands at 21.12.
Over the last 3 years, the average PE ratio for MU stock is 35.96.
Over the last 5 years, the average PE ratio for MU stock is 27.25.
The highest quarterly PE ratio in the last ten years has been 136.53 and it was in the Aug 2024 quarter.
The current PE ratio of MU is 12% higher than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), Micron Technology's share price is $88.71. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2025 is $4.2. Therefore, Micron Technology's price to earnings ratio for today is 21.12. PE RATIO(21.12) = STOCK PRICE($88.71) / TTM EPS($4.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.