Micron Technology, Inc. MU
1,082.28
1.75
0.16%
as of 25 Sep
- Market cap
- $1.24T
- P/E
- 24.2×
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Dividend Champion (5y)
Cash Flow Champion (3y)
Revenue Champion (3y)
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Micron Technology, Inc. (MU) P/B ratio
As of 25 September 2026, Micron Technology, Inc. (MU) trades at a P/B ratio of 12.1×. Over the past ten years it has ranged from 0.7× (May 2016) to 15.1× (May 2026); the current reading is higher than 100% of that period. That is above the Semiconductors industry median of 5.5× and above the Technology sector median of 3.0×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.4× | 12.56% |
| FY2024 | 2.2× | 25.18% |
| FY2023 | 1.7× | 37.55% |
| FY2022 | 1.3× | (32.96%) |
| FY2021 | 1.9× | 45.04% |
| FY2020 | 1.3× | (4.96%) |
| FY2019 | 1.4× | (25.29%) |
| FY2018 | 1.8× | 2.02% |
| FY2017 | 1.8× | 35.33% |
| FY2016 | 1.3× | (0.37%) |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| May 2026 | 11.6× | 80.83% |
| Feb 2026 | 6.4× | 39.40% |
| Nov 2025 | 4.6× | 88.45% |
| Aug 2025 | 2.4× | 12.86% |
| 42 more quarters | Free account |
Against its own ten years
Low 0.7×
High 15.1×
Ten-year median
1.9×
Current reading's percentile
100
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| INTC Intel Corporation compare | 6.1× |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 11.4× |
| MU Micron Technology, Inc. | 12.1× |
| MRVL Marvell Technology, Inc. compare | 12.7× |
| TXN Texas Instruments Incorporated compare | 14.1× |
| AMD Advanced Micro Devices, Inc. compare | 15.3× |
| AVGO Broadcom Inc. compare | 16.9× |
| NVDA NVIDIA Corporation compare | 23.8× |
| ARM ARM Holdings PLC Sponsored ADR compare | 38.3× |
| Semiconductors industry median | 5.5× |
| Technology sector median | 3.0× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on MU
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement