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MU Micron Technology PE ratio, current and historical analysis

The current PE ratio of MU cannot be calculated, as the latest EPS of -$3.44 is negative. The last recorded PE ratio for Micron Technology was 39.46 in March 2023.

MU PE ratio history

How has MU's PE ratio performed in the past

The average historical PE ratio of Micron Technology for the last ten years is 14.05. Analyzing the last ten years, MU's PE ratio reached its highest point in the Mar 2017 quarter at 41.17, when the price was $24.7 and the EPS was $0.6. 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.

Average
14.05
Median
10.39
Minimum
2.96
Maximum
41.17

Micron Technology PE ratio by year

Maximum annual increase: 142.89% in 2020

Maximum annual decrease: -48.13% in 2022

Year PE ratio Change
2023 N/A N/A
2022 7.34 -48.13%
2021 14.15 -26.07%
2020 19.14 142.89%
2019 7.88 83.26%
2018 4.3 -37.23%
2017 6.85 N/A
2016 N/A N/A
2015 6.12 -46.46%
2014 11.43 -2.31%

MU average PE ratio chart

What is the average PE ratio of MU for the past years
3-year avg
14.73
5-year avg
17.98
10-year avg
14.05
15-year avg
13.99

MU PE vs peers

What is MU's PE ratio compared to its peers
Stock name PE ratio Market cap
STM ST Microelectronics 10.43 $38.33B
PLAB Photronics Inc 11.23 $1.56B
RMBS Rambus Inc 17 $6.14B
INTC Intel Corp 31.72 $129.63B
NLST Netlist Inc N/A $180.32M
WDC Western Digital Corp N/A $25.51B
MU Micron Technology Inc N/A $156.54B

Frequently asked questions

What is Micron Technology's PE ratio?

The current price to earnings ratio of MU cannot be determined, as its EPS of -$3.44 is negative.

What is the 3-year average PE ratio for Micron Technology (MU)?

Over the last 3 years, the average PE ratio for MU stock is 14.73.

What is the 5-year average PE ratio for Micron Technology (MU)?

Over the last 5 years, the average PE ratio for MU stock is 17.98.

What is the highest PE ratio for MU?

The highest quarterly PE ratio in the last ten years has been 41.17 and it was in the Mar 2017 quarter.

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.