Micron Technology, Inc.

MU Technology Semiconductors

Micron Technology, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $133.2 billion, up 256.3% from fiscal 2025. In the quarter to August 2026, revenue grew 379.3%, EPS grew 1,066.4%, free cash flow grew 45,543.1% and total debt fell 64.5%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for three; insiders bought in the last twelve months.

878.84 52.40 −5.63%
Market cap
$1.05T
P/E
11.7×
Fwd P/E
14.7×
Dividend yield
0.06%
F-score
8/9
Altman Z
14.96
Beneish M
0.34
Dividend safety
82/100

Micron Technology, Inc. (MU) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Micron Technology, Inc. (MU) trades at a P/B ratio of 7.2×. Over the past ten years it has ranged from 0.7× (May 2016) to 15.1× (May 2026); the current reading is higher than 95% of that period. That is above the Semiconductors industry median of 4.9× and above the Technology sector median of 2.7×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2026 7.8× 219.86%
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%

Quarterly newest first

Period P/B ratio Change
Aug 2026 7.8× (32.67%)
May 2026 11.6× 80.83%
Feb 2026 6.4× 39.40%
Nov 2025 4.6× 88.45%
43 more quarters

Against its own ten years

Low 0.7× High 15.1×
Ten-year median 1.9×
Current reading's percentile 94

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 →

More on MU