Micron Technology PE ratio MU

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: 11.8×
10-year median: 18.1×
Against its 10-year history: 38th; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.5× to 165×
Peer median: 39.7×

Micron Technology's PE ratio is 11.8× as of Oct 23, 2026: a share price of $877.55 against $74.21 of earnings per share over the last twelve months.

That is below its ten-year median of 18.1×, close to the middle of its last ten years.

Over that time it ranged from 2.5× in Dec 2018 to 165× in Nov 2024.

The median for 10 semiconductor stocks of a similar size is 39.7×.

PE ratio over time

median 18.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	11.8×	11.8×	53.5×
2025	27.1×	15.5×	32.5×
2024	25.5×	25.5×	165×
2023	47.0×	10.0×	53.2×
2022	9.1×	5.7×	15.0×
2021	18.1×	13.1×	34.5×
2020	31.7×	11.7×	31.7×
2019	17.5×	2.7×	17.9×
2018	2.6×	2.5×	9.5×
2017	6.5×	6.5×	56.7×
2016	54.6×	5.5×	57.4×
2015	5.8×	4.8×	13.6×
2014	13.7×	8.6×	21.0×
2013	21.5×	17.6×	23.1×
2012	48.0×	48.0×	48.0×
2011	41.9×	36.2×	42.7×

Against its peers

Companies in Semiconductors nearest Micron Technology's size, closest first, today.

Company	PE ratio
MUMicron Technology	11.8×
AMDAdvanced Micro Devices	133×
AVGOBroadcom	41.1×
INTCIntel	n/m
AMATApplied Materials	32.5×
LRCXLam Research	34.3×
TXNTexas Instruments	36.9×
MRVLMarvell Technology	75.4×
NVDANVIDIA	26.7×
KLACKLA	39.7×
ADIAnalog Devices	46.4×
Peer median	39.7×

Where Micron Technology ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Micron Technology

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.