Micron Technology, Inc.

Micron Technology, Inc.verified

MU

Price:

$129.49

Market Cap:

$143.39B

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through pri...[Read more]

Industry

Semiconductors

IPO Date

1984-06-01

Stock Exchange

NASDAQ

Ticker

MU

The PE Ratio as of May 2024 (TTM) for Micron Technology, Inc. (MU) is -37.75

According to Micron Technology, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -37.75. This represents a change of 1.62% compared to the average of -2.20 of the last 4 quarters.

Micron Technology, Inc. (MU) Historical PE Ratio (quarterly & annually)

How has MU PE Ratio performed in the past?

The mean historical PE Ratio of Micron Technology, Inc. over the last ten years is 0.27. The current -37.75 PE Ratio has changed -1382193.42% with respect to the historical average. Over the past ten years (40 quarters), MU's PE Ratio was at its highest in in the March 2021 quarter at 39.16. The PE Ratio was at its lowest in in the December 2022 quarter at -82.18.

Quarterly (TTM)
Annual

Average

0.27

Median

7.09

Minimum

-61.63

Maximum

19.14

Micron Technology, Inc. (MU) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Micron Technology, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 142.80%

Maximum Annual PE Ratio = 19.14

Minimum Annual Increase = -1106.49%

Minimum Annual PE Ratio = -61.63

Quarterly (TTM)
Annual
YearPE RatioChange
2023-13.11-278.64%
20227.34-48.11%
202114.14-26.12%
202019.14142.80%
20197.8871.96%
20184.58-33.00%
20176.84-111.10%
2016-61.63-1106.49%
20156.12-46.39%
201411.42-1.97%

Micron Technology, Inc. (MU) Average PE Ratio

How has MU PE Ratio performed in the past?

The current PE Ratio of Micron Technology, Inc. (MU) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.79

5-year avg

7.08

10-year avg

0.27

Micron Technology, Inc. (MU) PE Ratio vs. Peers

How is MU’s PE Ratio compared to its peers?

Micron Technology, Inc.’s PE Ratio is less than NVIDIA Corporation (61.54), less than Intel Corporation (32.05), less than Taiwan Semiconductor Manufacturing Company Limited (30.73), greater than Marvell Technology, Inc. (-71.04), less than Advanced Micro Devices, Inc. (241.04), less than Broadcom Inc. (54.70), less than QUALCOMM Incorporated (28.02),

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