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.
The average historical PE ratio of Micron Technology for the last ten years is 13.88. 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.
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% |
| Stock name | PE ratio | Market cap |
|---|---|---|
| STM ST Microelectronics | 10.15 | $37.31B |
| PLAB Photronics Inc | 12.57 | $1.79B |
| RMBS Rambus Inc | 19.17 | $6.39B |
| INTC Intel Corp | 33.21 | $135.71B |
| NLST Netlist Inc | N/A | $141.37M |
| WDC Western Digital Corp | N/A | $23.25B |
| MU Micron Technology Inc | N/A | $127.17B |
The current price to earnings ratio of MU cannot be determined, as its EPS of -$3.44 is negative.
Over the last 3 years, the average PE ratio for MU stock is 15.66.
Over the last 5 years, the average PE ratio for MU stock is 17.09.
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.