Micron Technology, Inc.
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.
Follow MU
Micron Technology, Inc. (MU) 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 | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| INTC Intel Corporation compare | 4.4× |
| MU Micron Technology, Inc. | 7.2× |
| TSM Taiwan Semiconductor Manufacturing Company Ltd. compare | 10.4× |
| MRVL Marvell Technology, Inc. compare | 11.0× |
| AMD Advanced Micro Devices, Inc. compare | 12.8× |
| TXN Texas Instruments Incorporated compare | 14.0× |
| AVGO Broadcom Inc. compare | 15.7× |
| NVDA NVIDIA Corporation compare | 22.6× |
| ARM ARM Holdings PLC Sponsored ADR compare | 28.1× |
| Semiconductors industry median | 4.9× |
| Technology sector median | 2.7× |
| Market median | 1.7× |
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
- EPS (diluted)
- 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
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement