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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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

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

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))

The full definition of P/B ratio →

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