Micron Technology, Inc.

Micron Technology, Inc.verified

MU

Price:

$106.455

Market Cap:

$118.03B

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 October 2024 (TTM) for Micron Technology, Inc. (MU) is 152.08

According to Micron Technology, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 152.08. This represents a change of 306.38% compared to the average of 37.42 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 12.70. The current 152.08 PE Ratio has changed 119.60% with respect to the historical average. Over the past ten years (40 quarters), MU's PE Ratio was at its highest in in the May 2024 quarter at 105.27. The PE Ratio was at its lowest in in the December 2022 quarter at -82.18.

Quarterly (TTM)
Annual

Average

12.70

Median

7.09

Minimum

-61.63

Maximum

135.74

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 = 135.74

Minimum Annual Increase = -1135.74%

Minimum Annual PE Ratio = -61.63

Quarterly (TTM)
Annual
YearPE RatioChange
2024135.74-1135.74%
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%

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 greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

43.32

5-year avg

32.65

10-year avg

12.70

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 greater than NVIDIA Corporation (62.52), greater than Intel Corporation (103.55), greater than Taiwan Semiconductor Manufacturing Company Limited (34.06), greater than Marvell Technology, Inc. (-66.66), less than Advanced Micro Devices, Inc. (206.03), less than Broadcom Inc. (166.25), greater than QUALCOMM Incorporated (21.80),

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