PE Ratio: 18.63

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 18.63 is 35% below its 5-year average of 28.55, near the low end of its 5-year range (5.57–166.78).

As of Saturday, August 1, 2026. 37.03% below its 12-month average of 29.59.

PE Ratio (18.63) = Close Price ($823.03) / Diluted TTM EPS ($44.18)

MU PE Ratio Metrics

P/E vs. its own history

At 18.6, P/E is in its normal range, sitting higher than 59% of its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Micron Technology, Inc. (MU)?

The P/E ratio for MU stock is 18.63.

Is Micron Technology, Inc.'s P/E ratio high or low?

The P/E ratio of 18.63 is 35% below its 5-year average of 28.55, near the low end of its 5-year range (5.57–166.78).

What is the TTM average P/E ratio for Micron Technology, Inc. (MU)?

The TTM average P/E ratio for MU stock is 29.59.

What is the 3Y average P/E ratio for Micron Technology, Inc. (MU)?

The 3Y average P/E ratio for MU stock is 27.51.

What is the 5Y average P/E ratio for Micron Technology, Inc. (MU)?

The 5Y average P/E ratio for MU stock is 21.25.

What is the 10Y average P/E ratio for Micron Technology, Inc. (MU)?

The 10Y average P/E ratio for MU stock is 19.67.

What is the 15Y average P/E ratio for Micron Technology, Inc. (MU)?

The 15Y average P/E ratio for MU stock is 16.75.

What is the 20Y average P/E ratio for Micron Technology, Inc. (MU)?

The 20Y average P/E ratio for MU stock is 17.34.

Showing the most recent 260 of 3,466 data points. The chart above shows the full history.

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