MU Micron Technology PE ratio, current and historical analysis

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.

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 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.

Today
21.12
Average
18.79
Median
11.56
Minimum
2.96
Maximum
136.53

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 average PE ratio chart

What is the average PE ratio of MU for the past years

Currently, MU's PE ratio is above its 10-year average, but it is under its 3 and 5-year averages.

3-year avg
35.96
5-year avg
27.25
10-year avg
18.79
15-year avg
16.5

MU PE vs peers

What is MU's PE ratio compared to its 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 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

Frequently asked questions

What is Micron Technology's PE ratio?

The price to earnings ratio for MU stock as of Apr 1, 2025, stands at 21.12.

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 12% 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 (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.