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Micron Technology, Inc. Micron Technology, Inc.

Micron Technology, Inc.

MU
Rank in Stocks #13
Micron Technology, Inc. is a global leader specializing in the development,... Micron Technology, Inc. is a global leader specializing in the development, manufacture, and sale of advanced semiconductor memory and storage solutions. Its operations are structured across four primary business segments: Compute and Networking, Mobile, Storage, and Embedded. The company's product portfolio encompasses a range of memory and data storage technologies. These include high-speed, low-latency Dynamic Random Access Memory (DRAM) components for rapid data retrieval; non-volatile, re-programmable NAND flash storage devices; and fast-read, non-volatile, re-writable NOR memory chips. These innovative solutions are offered under its well-known Micron and Crucial brands, as well as through private label partnerships. Micron's extensive offerings cater to a diverse array of markets and applications. This includes critical infrastructure like cloud servers and enterprise data centers, personal computing (client and graphics), mobile devices such as smartphones, networking equipment, automotive systems, industrial applications, and various consumer electronics. The company utilizes a multi-faceted approach to market its products, employing a direct sales force, independent sales representatives, and a network of distributors and retailers. Additionally, it leverages a web-based direct sales channel and collaborates with various channel and distribution partners. Founded in 1978, Micron Technology, Inc. is headquartered in Boise, Idaho.
Share Price
$1,032.80
Market Cap
$1.166T
Change (1 day)
1.67%
Change (1 year)
534.67%
Country
US
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P/E ratio for Micron Technology, Inc. (MU)
P/E ratio as of September 2026 TTM: 20.62
According to Micron Technology, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.62. At the end of 2024 the company had a P/E ratio of 135.74.
P/E ratio history for Micron Technology, Inc. from 2000 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 20.62 29.37%
2025 15.94 -88.25%
2024 135.74 -1,135.74%
2023 -13.11 -278.64%
2022 7.34 -48.11%
2021 14.14 -26.12%
2020 19.14 142.80%
2019 7.88 71.96%
2018 4.58 -33.00%
2017 6.84 -111.10%
2016 -61.63 -1,106.49%
2015 6.12 -46.39%
2014 11.42 -1.97%
2013 11.65 -296.28%
2012 -5.94 -117.48%
2011 33.96 936.40%
2010 3.28 -207.41%
2009 -3.05 65.20%
2008 -1.85 -92.68%
2007 -25.21 -186.06%
2006 29.30 -26.75%
2005 40.00 -15.71%
2004 47.45 -800.85%
2003 -6.77 -40.81%
2002 -11.44 -67.14%
2001 -34.81 -216.64%
2000 29.85 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
26.54 28.68%
US
27.65 34.07%
TW
42.77 107.41%
US
125.23 507.30%
US
7.38 -64.19%
KR
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.