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/E ratio

As of 25 September 2026, Micron Technology, Inc. (MU) trades at a P/E ratio of 24.2×. Over the past ten years it has ranged from 0.0× (August 2024) to 162× (November 2024); the current reading is higher than 79% of that period. That is below the Semiconductors industry median of 49.4× and below the Technology sector median of 29.7×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 15.5× (87.76%)
FY2024 127× —
FY2023 0.0× —
FY2022 7.2× (48.57%)
FY2021 14.1× (25.07%)
FY2020 18.8× 135.33%
FY2019 8.0× 86.39%
FY2018 4.3× (38.31%)
FY2017 7.0× —
FY2016 0.0× —

Quarterly

Period P/E ratio Change
May 2026 23.1× 20.20%
Feb 2026 19.2× (14.99%)
Nov 2025 22.6× 46.06%
Aug 2025 15.5× (11.82%)
42 more quarters

Against its own ten years

Low 0.0× High 162×
Ten-year median 9.7×
Current reading's percentile 79

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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