MU Micron Technology PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: MU
- PE Ratio
The current PE ratio for Micron Technology stock as of May 13, 2025 is 23.08. This is calculated based on the TTM EPS of $4.2 and the stock price of $96.93 per share.
MU PE ratio history
The average historical PE ratio of Micron Technology for the last ten years is 18.79. The current price-to-earnings ratio of 23.08 is 23% 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.
Micron Technology PE ratio by year
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 |
Micron Technology PE ratio by quarter (TTM)
| 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 |
MU Price vs fair value
MU average PE ratio chart
Currently, MU's PE ratio is above its 10-year average, but it is under its 3 and 5-year averages.
MU PE vs peers
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 17.56.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PLAB Photronics Inc | 8.76 | $1.33B |
| WDC Western Digital Corp | 10.54 | $17.1B |
| STM ST Microelectronics | 21.42 | $23.37B |
| MU Micron Technology Inc | 23.08 | $108.33B |
| RMBS Rambus Inc | 29.52 | $6.09B |
| INTC Intel Corp | N/A | $98.41B |
Frequently asked questions
What is Micron Technology's PE ratio?
The price to earnings ratio for MU stock as of May 13, 2025, stands at 23.08.
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 35.96.
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 27.25.
What is the highest PE ratio for MU?
The highest quarterly PE ratio in the last ten years has been 136.53 and it was in the Aug 2024 quarter.
How does the current PE ratio for MU compare to its historical average?
The current PE ratio of MU is 23% higher than the 10-year historical average.
How is MU's PE ratio calculated (Micron Technology PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 13, 2025), Micron Technology's share price is $96.93. 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 23.08. PE RATIO(23.08) = STOCK PRICE($96.93) / TTM EPS($4.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.