MU
Micron Technology
PEG ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: MU
- PEG Ratio
As of Jul 13, 2026, MU's PEG ratio of 0.03 reflects its valuation relative to its growth. This value reflects a P/E ratio of 20.92 measured against EPS growth of 701.4%. When compared to the trailing four-quarter average of 0.05, MU's PEG ratio shows a 43% decrease.
MU PEG ratio history
Micron Technology's ten years historical PEG ratio has an average of 0.15. Compared to historical data, MU's 0.03 PE to growth ratio represents a decline of 80%. MU reached its maximum PEG ratio of 1.21 during the Aug 2024 quarter over the past ten years. The Aug 2017 quarter had the bottom reading at 0, indicating the most optimal growth-adjusted valuation.
Micron Technology PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.02 | 15.95 | 992.9% |
| 2024 | 1.21 | 136.53 | 113.1% |
| 2023 | N/A | N/A | -168.4% |
| 2022 | 0.15 | 7.34 | 49.3% |
| 2021 | 0.12 | 14.15 | 116.1% |
| 2020 | N/A | 19.14 | -57.3% |
| 2019 | N/A | 7.88 | -53.8% |
| 2018 | 0.03 | 4.3 | 162.7% |
| 2017 | 0 | 6.85 | 1,829.6% |
| 2016 | N/A | N/A | -110% |
| 2015 | N/A | 6.12 | -5.6% |
| 2014 | 0.08 | 11.43 | 147.4% |
| 2013 | 0.06 | 11.7 | 211.5% |
| 2012 | N/A | N/A | -711.8% |
| 2011 | N/A | 33.76 | -91.9% |
Micron Technology PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| May 2026 | 0.03 | 20.61 | 701.4% |
| Feb 2026 | 0.05 | 19.36 | 411% |
| Nov 2025 | 0.11 | 21.66 | 203.7% |
| Aug 2025 | 0.02 | 15.95 | 992.9% |
| May 2025 | 0.03 | 17.32 | 496.5% |
| Feb 2025 | 0.1 | 21.86 | 222.1% |
| Nov 2024 | 0.18 | 28.06 | 155.7% |
| Aug 2024 | 1.21 | 136.53 | 113.1% |
| May 2024 | N/A | N/A | 47% |
| Feb 2024 | N/A | N/A | -340.6% |
| Nov 2023 | N/A | N/A | -212.7% |
| Aug 2023 | N/A | N/A | -168.4% |
| Jun 2023 | N/A | N/A | -130% |
| Mar 2023 | N/A | 39.46 | -82.2% |
| Dec 2022 | N/A | 9.96 | -15.2% |
MU average PEG ratio chart
When comparing to historical values, MU's PEG ratio is below the 3, 5 and 10-year averages.
PEG comparison
Micron Technology's PEG of 0.03 is below the Technology sector and the industry average. Compared to its Technology sector average of 0.73, Micron Technology's PEG is 96% lower.
MU EPS growth
MU Price vs fair value
MU PEG vs peers
MU has a PEG ratio below that of peer stocks WDC and RMBS.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| MU Micron Technology Inc | 0.03 | $1.06T |
| WDC Western Digital Corp | 0.1 | $191.49B |
| PLAB Photronics Inc | 0.26 | $1.68B |
| RMBS Rambus Inc | 4.44 | $11.15B |
| INTC Intel Corp | N/A | $518.28B |
| STM ST Microelectronics | N/A | $60.86B |
Frequently asked questions
What is Micron Technology's PEG ratio?
MU shows a PEG ratio of 0.03, per Jul 13, 2026 data.
What is the 3-year average PEG ratio for Micron Technology (MU)?
Historical data over a 3-year period places MU's average PEG ratio at 0.22.
What is the 5-year average PEG ratio for Micron Technology (MU)?
Historical data over a 5-year period places MU's average PEG ratio at 0.17.
What is the highest PEG ratio for MU?
The Aug 2024 quarter marked the ten years high at 1.21 for MU's PEG ratio.
How does the current PEG ratio for MU compare to its historical average?
Currently, MU's PEG ratio stands 80% lower than its 10-year historical average.
Why is Micron Technology's PEG ratio so low?
Rapid earnings growth combined with a reasonable valuation yields MU a PEG ratio of 0.03.
How is MU's PEG ratio calculated (Micron Technology PEG ratio formula)?
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jul 13, 2026, Micron Technology has a P/E ratio of 20.92. Earnings grew at 701.4% over the TTM period ending May 2026. Applying the formula, this produces a price to earnings growth ratio of 0.03. PEG RATIO(0.03) = PE RATIO(20.92) / EPS GROWTH(701.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.