Micron Technology, Inc. (MU) PE Ratio: 42.47
Is Micron Technology, Inc.’s P/E ratio high or low?
Micron Technology, Inc.'s P/E ratio of 42.47 is 49% above its 5-year average of 28.42, near the low end of its 5-year range (5.57–166.78).
As of Thursday, June 11, 2026. 46.04% above its 12-month average of 29.08.
PE Ratio (42.47) = Close Price ($891.88) / Diluted TTM EPS ($21.00)
MU PE Ratio Chart
MU Average PE Ratio Chart
MU Current vs Average PE Ratio Chart
MU PE Ratio Metrics
PE RATIO
42.47
PE RATIO AVG TTM
29.08
PE RATIO AVG 3Y
43.12
PE RATIO AVG 5Y
28.42
PE RATIO AVG 10Y
23.00
PE RATIO AVG 15Y
19.99
PE RATIO AVG 20Y
20.70
CURRENT VS TTM AVG
+46.04%
CURRENT VS 3Y AVG
-1.51%
CURRENT VS 5Y AVG
+49.45%
CURRENT VS 10Y AVG
+84.65%
CURRENT VS 15Y AVG
+112.51%
CURRENT VS 20Y AVG
+105.12%
MU Competitors' PE Ratio
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Micron Technology, Inc. (MU) | $1.01T | 42.47 | 29.08 | 43.12 | 28.42 |
| Advanced Micro Devices, Inc. (AMD) | $754.45B | 147.84 | 107.76 | 258.23 | 177.46 |
| Intel Corporation (INTC) | $560.35B | N/A | 3661.04 | 651.46 | 254.72 |
| Oracle Corporation (ORCL) | $511.32B | 30.50 | 44.81 | 39.34 | 34.41 |
| Cisco Systems, Inc. (CSCO) | $462.96B | 39.14 | 29.80 | 22.98 | 21.35 |
| Lam Research Corporation (LRCX) | $432.12B | 64.74 | 39.27 | 30.75 | 25.28 |
| Applied Materials, Inc. (AMAT) | $416.73B | 49.38 | 31.09 | 24.48 | 22.04 |
| Arm Holdings plc American Depositary Shares (ARM) | $327.11B | 365.99 | 211.81 | 407.71 | 407.71 |
| KLA Corporation (KLAC) | $302.37B | 64.91 | 40.31 | 33.54 | 27.81 |
| Palantir Technologies Inc. (PLTR) | $297.94B | 144.68 | 413.55 | 354.30 | 354.30 |
P/E vs. its own history
At 42.5, P/E is richer than usual, sitting higher than 89% of its 20-year history.
20-year low
2.4
median
13.7
20-year high
166.8
P/E Comparison
Trailing P/E
42.5
Forward P/E
8.4
Forward P/E Calculation
View All Analyst EstimatesForward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$891.88
Forward EPS (Est.)
$105.77
Forward P/E
8.43
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
Micron Technology, Inc. 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
Micron Technology, Inc. PE Ratio FAQ
- What is the P/E ratio for Micron Technology, Inc. (MU)?
- The P/E ratio for MU stock is 42.47.
- Is Micron Technology, Inc.'s P/E ratio high or low?
- Micron Technology, Inc.'s P/E ratio of 42.47 is 49% above its 5-year average of 28.42, 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 29.08.
- What is the 3Y average P/E ratio for Micron Technology, Inc. (MU)?
- The 3Y average P/E ratio for MU stock is 43.12.
- What is the 5Y average P/E ratio for Micron Technology, Inc. (MU)?
- The 5Y average P/E ratio for MU stock is 28.42.
- What is the 10Y average P/E ratio for Micron Technology, Inc. (MU)?
- The 10Y average P/E ratio for MU stock is 23.00.
- What is the 15Y average P/E ratio for Micron Technology, Inc. (MU)?
- The 15Y average P/E ratio for MU stock is 19.99.
- What is the 20Y average P/E ratio for Micron Technology, Inc. (MU)?
- The 20Y average P/E ratio for MU stock is 20.70.
Micron Technology, Inc. PE Ratio History
| DATE | PE RATIO |
|---|---|
| 2026-06-11 | 42.47 |
| 2026-06-10 | 42.09 |
| 2026-06-09 | 44.17 |
| 2026-06-08 | 44.80 |
| 2026-06-05 | 40.77 |
| 2026-06-04 | 47.00 |
| 2026-06-03 | 50.95 |
| 2026-06-02 | 50.22 |
| 2026-06-01 | 48.87 |
| 2026-05-29 | 45.82 |
| 2026-05-28 | 43.58 |
| 2026-05-27 | 43.81 |
| 2026-05-26 | 42.28 |
| 2026-05-22 | 35.44 |
| 2026-05-21 | 35.97 |
| 2026-05-20 | 34.54 |
| 2026-05-19 | 32.97 |
| 2026-05-18 | 32.16 |
| 2026-05-15 | 34.20 |
| 2026-05-14 | 36.62 |
| 2026-05-13 | 37.92 |
| 2026-05-12 | 36.18 |
| 2026-05-11 | 37.53 |
| 2026-05-08 | 35.24 |
| 2026-05-07 | 30.52 |
| 2026-05-06 | 31.46 |
| 2026-05-05 | 30.21 |
| 2026-05-04 | 27.20 |
| 2026-05-01 | 25.59 |
| 2026-04-30 | 24.41 |
| 2026-04-29 | 24.47 |
| 2026-04-28 | 23.80 |
| 2026-04-27 | 24.76 |
| 2026-04-24 | 23.44 |
| 2026-04-23 | 22.73 |
| 2026-04-22 | 23.01 |
| 2026-04-21 | 21.21 |
| 2026-04-20 | 21.16 |
| 2026-04-17 | 21.48 |
| 2026-04-16 | 21.58 |
| 2026-04-15 | 21.53 |
| 2026-04-14 | 21.98 |
| 2026-04-13 | 20.13 |
| 2026-04-10 | 19.85 |
| 2026-04-09 | 19.89 |
| 2026-04-08 | 19.19 |
| 2026-04-07 | 17.82 |
| 2026-04-06 | 17.83 |
| 2026-04-02 | 17.28 |
| 2026-04-01 | 17.36 |
| 2026-03-31 | 15.94 |
| 2026-03-30 | 15.19 |
| 2026-03-27 | 16.86 |
| 2026-03-26 | 16.77 |
| 2026-03-25 | 18.03 |
| 2026-03-24 | 18.67 |
| 2026-03-23 | 19.08 |
| 2026-03-20 | 19.96 |
| 2026-03-19 | 20.97 |
| 2026-03-18 | 21.79 |
| 2026-03-17 | 43.89 |
| 2026-03-16 | 42.00 |
| 2026-03-13 | 40.51 |
| 2026-03-12 | 38.53 |
| 2026-03-11 | 39.80 |
| 2026-03-10 | 38.32 |
| 2026-03-09 | 37.01 |
| 2026-03-06 | 35.20 |
| 2026-03-05 | 37.74 |
| 2026-03-04 | 38.10 |
| 2026-03-03 | 36.09 |
| 2026-03-02 | 39.23 |
| 2026-02-27 | 39.20 |
| 2026-02-26 | 39.50 |
| 2026-02-25 | 40.78 |
| 2026-02-24 | 39.73 |
| 2026-02-23 | 40.02 |
| 2026-02-20 | 40.70 |
| 2026-02-19 | 39.67 |
| 2026-02-18 | 40.01 |
| 2026-02-17 | 38.00 |
| 2026-02-13 | 39.13 |
| 2026-02-12 | 39.35 |
| 2026-02-11 | 39.01 |
| 2026-02-10 | 35.48 |
| 2026-02-09 | 36.45 |
| 2026-02-06 | 37.52 |
| 2026-02-05 | 36.40 |
| 2026-02-04 | 36.06 |
| 2026-02-03 | 39.87 |
| 2026-02-02 | 41.62 |
| 2026-01-30 | 39.44 |
| 2026-01-29 | 41.42 |
| 2026-01-28 | 41.38 |
| 2026-01-27 | 39.00 |
| 2026-01-26 | 36.99 |
| 2026-01-23 | 37.99 |
| 2026-01-22 | 37.79 |
| 2026-01-21 | 36.99 |
| 2026-01-20 | 34.70 |
| 2026-01-16 | 34.48 |
| 2026-01-15 | 32.00 |
| 2026-01-14 | 31.69 |
| 2026-01-13 | 32.14 |
| 2026-01-12 | 32.88 |
| 2026-01-09 | 32.80 |
| 2026-01-08 | 31.09 |
| 2026-01-07 | 32.28 |
| 2026-01-06 | 32.65 |
| 2026-01-05 | 29.67 |
| 2026-01-02 | 29.98 |
| 2025-12-31 | 27.13 |
| 2025-12-30 | 27.82 |
| 2025-12-29 | 27.98 |
| 2025-12-26 | 27.07 |
| 2025-12-24 | 27.25 |
| 2025-12-23 | 26.26 |
| 2025-12-22 | 26.29 |
| 2025-12-19 | 25.28 |
| 2025-12-18 | 23.63 |
| 2025-12-17 | 21.44 |
| 2025-12-16 | 30.63 |
| 2025-12-15 | 31.29 |
| 2025-12-12 | 31.77 |
| 2025-12-11 | 34.05 |
| 2025-12-10 | 34.74 |
| 2025-12-09 | 33.26 |
| 2025-12-08 | 32.53 |
| 2025-12-05 | 31.25 |
| 2025-12-04 | 29.86 |
| 2025-12-03 | 30.85 |
| 2025-12-02 | 31.55 |
| 2025-12-01 | 31.68 |
| 2025-11-28 | 31.16 |
| 2025-11-26 | 30.34 |
| 2025-11-25 | 29.58 |
| 2025-11-24 | 29.50 |
| 2025-11-21 | 27.32 |
| 2025-11-20 | 26.53 |
| 2025-11-19 | 29.77 |
| 2025-11-18 | 30.11 |
| 2025-11-17 | 31.88 |
| 2025-11-14 | 32.52 |
| 2025-11-13 | 31.22 |
| 2025-11-12 | 32.27 |
| 2025-11-11 | 31.77 |
| 2025-11-10 | 33.37 |
| 2025-11-07 | 31.35 |
| 2025-11-06 | 31.40 |
| 2025-11-05 | 31.29 |
| 2025-11-04 | 28.73 |
| 2025-11-03 | 30.92 |
| 2025-10-31 | 29.48 |
| 2025-10-30 | 29.51 |
| 2025-10-29 | 29.86 |
| 2025-10-28 | 29.24 |
| 2025-10-27 | 29.00 |
| 2025-10-24 | 28.86 |
| 2025-10-23 | 27.23 |
| 2025-10-22 | 26.15 |
| 2025-10-21 | 26.65 |
| 2025-10-20 | 27.24 |
| 2025-10-17 | 26.66 |
| 2025-10-16 | 26.68 |
| 2025-10-15 | 25.29 |
| 2025-10-14 | 24.65 |
| 2025-10-13 | 25.40 |
| 2025-10-10 | 23.93 |
| 2025-10-09 | 25.34 |
| 2025-10-08 | 25.89 |
| 2025-10-07 | 24.47 |
| 2025-10-06 | 25.16 |
| 2025-10-03 | 24.75 |
| 2025-10-02 | 33.11 |
| 2025-10-01 | 32.82 |
| 2025-09-30 | 30.15 |
| 2025-09-29 | 29.53 |
| 2025-09-26 | 28.34 |
| 2025-09-25 | 28.26 |
| 2025-09-24 | 29.14 |
| 2025-09-23 | 29.98 |
| 2025-09-22 | 29.66 |
| 2025-09-19 | 29.32 |
| 2025-09-18 | 30.43 |
| 2025-09-17 | 28.83 |
| 2025-09-16 | 28.62 |
| 2025-09-15 | 28.43 |
| 2025-09-12 | 28.33 |
| 2025-09-11 | 27.13 |
| 2025-09-10 | 25.23 |
| 2025-09-09 | 24.37 |
| 2025-09-08 | 23.69 |
| 2025-09-05 | 23.67 |
| 2025-09-04 | 22.38 |
| 2025-09-03 | 21.39 |
| 2025-09-02 | 21.35 |
| 2025-08-29 | 21.44 |
| 2025-08-28 | 21.98 |
| 2025-08-27 | 21.22 |
| 2025-08-26 | 20.99 |
| 2025-08-25 | 20.98 |
| 2025-08-22 | 21.20 |
| 2025-08-21 | 20.86 |
| 2025-08-20 | 21.12 |
| 2025-08-19 | 21.99 |
| 2025-08-18 | 22.26 |
| 2025-08-15 | 21.78 |
| 2025-08-14 | 22.57 |
| 2025-08-13 | 22.39 |
| 2025-08-12 | 23.02 |
| 2025-08-11 | 22.29 |
| 2025-08-08 | 21.42 |
| 2025-08-07 | 20.16 |
| 2025-08-06 | 19.60 |
| 2025-08-05 | 19.65 |
| 2025-08-04 | 19.42 |
| 2025-08-01 | 18.90 |
| 2025-07-31 | 19.66 |
| 2025-07-30 | 20.67 |
| 2025-07-29 | 20.17 |
| 2025-07-28 | 20.05 |
| 2025-07-25 | 20.05 |
| 2025-07-24 | 20.13 |
| 2025-07-23 | 19.79 |
| 2025-07-22 | 19.68 |
| 2025-07-21 | 20.40 |
| 2025-07-18 | 20.61 |
| 2025-07-17 | 20.41 |
| 2025-07-16 | 20.98 |
| 2025-07-15 | 21.64 |
| 2025-07-14 | 21.37 |
| 2025-07-11 | 22.44 |
| 2025-07-10 | 22.18 |
| 2025-07-09 | 22.03 |
| 2025-07-08 | 22.42 |
| 2025-07-07 | 21.61 |
| 2025-07-03 | 22.03 |
| 2025-07-02 | 21.94 |
| 2025-07-01 | 21.78 |
| 2025-06-30 | 22.21 |
| 2025-06-27 | 22.48 |
| 2025-06-26 | 22.70 |
| 2025-06-25 | 22.93 |
| 2025-06-24 | 30.67 |
| 2025-06-23 | 29.28 |
| 2025-06-20 | 29.64 |
| 2025-06-18 | 29.21 |
| 2025-06-17 | 28.86 |
| 2025-06-16 | 28.74 |
| 2025-06-13 | 27.72 |
| 2025-06-12 | 27.86 |
| 2025-06-11 | 27.82 |
| 2025-06-10 | 27.37 |
| 2025-06-09 | 26.61 |
| 2025-06-06 | 26.03 |
| 2025-06-05 | 25.49 |
| 2025-06-04 | 24.76 |
| 2025-06-03 | 24.52 |
| 2025-06-02 | 23.54 |
| 2025-05-30 | 22.65 |
Showing the most recent 260 of 3,466 data points. The chart above shows the full history.
Related Metrics
About Micron Technology, Inc.
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.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Sanjay Mehrotra